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Upturn AI SWOT - About
First Trust NASDAQ® Clean Edge® Smart Grid Infrastructure Index Fund (GRID)
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Upturn Advisory Summary
06/27/2025: GRID (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
1 Year Target Price $0
1 Year Target Price $0
| 0 | Strong Buy |
| 0 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type ETF | Historic Profit 11.84% | Avg. Invested days 42 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  4.0 | ETF Returns Performance  3.0 |
| Profits based on simulation | Last Close 06/27/2025 |
Key Highlights
Volume (30-day avg) - | Beta 1.35 | 52 Weeks Range 99.17 - 139.14 | Updated Date 06/30/2025 |
52 Weeks Range 99.17 - 139.14 | Updated Date 06/30/2025 |
Upturn AI SWOT
First Trust NASDAQ® Clean Edge® Smart Grid Infrastructure Index Fund
ETF Overview
Overview
First Trust NASDAQu00ae Clean Edgeu00ae Smart Grid Infrastructure Index Fund (GRID) seeks investment results that correspond generally to the price and yield of the NASDAQu00ae Clean Edgeu00ae Smart Grid Infrastructure Index. It focuses on companies involved in the smart grid and electric energy infrastructure sector.
Reputation and Reliability
First Trust is a well-established ETF provider with a solid reputation for offering innovative and specialized investment products.
Management Expertise
First Trust has a dedicated team of experienced professionals managing their ETFs, with expertise in index tracking and sector-specific investments.
Investment Objective
Goal
The fund aims to replicate the performance of the NASDAQu00ae Clean Edgeu00ae Smart Grid Infrastructure Index before fees and expenses.
Investment Approach and Strategy
Strategy: The ETF employs a passive management strategy, seeking to track the underlying index by investing in its component securities.
Composition The fund primarily holds stocks of companies engaged in advanced grid infrastructure, renewable energy management, and enabling technologies.
Market Position
Market Share: GRID's market share within the smart grid infrastructure ETF segment is notable, though it faces competition from other clean energy and infrastructure funds.
Total Net Assets (AUM): 328783811
Competitors
Key Competitors
- ICLN
- TAN
- QCLN
- PBW
Competitive Landscape
The competitive landscape is characterized by numerous ETFs focusing on clean energy, renewable energy, and smart infrastructure. GRID's advantage lies in its specific focus on the smart grid sector, but it competes with broader clean energy ETFs that may offer greater diversification. Its disadvantage is potentially less diversification compared to broad clean energy ETFs.
Financial Performance
Historical Performance: Historical performance data would include annual returns, standard deviation, and Sharpe ratio over various periods (e.g., 1-year, 3-year, 5-year, 10-year).
Benchmark Comparison: The ETF's performance should be compared to the NASDAQu00ae Clean Edgeu00ae Smart Grid Infrastructure Index to assess tracking error and overall effectiveness.
Expense Ratio: 0.58
Liquidity
Average Trading Volume
GRID exhibits moderate liquidity, indicated by its average daily trading volume, which facilitates relatively easy buying and selling of shares.
Bid-Ask Spread
The bid-ask spread reflects the cost of trading GRID, with a narrower spread indicating higher liquidity and lower transaction costs.
Market Dynamics
Market Environment Factors
Factors influencing GRID include government policies supporting smart grid development, increasing demand for renewable energy, technological advancements in grid infrastructure, and overall economic conditions.
Growth Trajectory
GRID's growth is tied to the increasing adoption of smart grid technologies and the global transition towards a cleaner energy infrastructure; strategy may change with market shift.
Moat and Competitive Advantages
Competitive Edge
GRID's competitive edge lies in its specific focus on the smart grid infrastructure sector, differentiating it from broader clean energy ETFs. It offers investors targeted exposure to companies directly involved in modernizing the electric grid. The fund benefits from First Trust's expertise in thematic investing and ETF management. This focused approach can be attractive to investors seeking concentrated exposure to this niche area.
Risk Analysis
Volatility
Volatility is assessed by analyzing the ETF's standard deviation of returns; historically, sector-specific ETFs can exhibit higher volatility than broad market funds.
Market Risk
Market risk includes factors like changes in government regulations, fluctuations in energy prices, technological obsolescence, and overall economic downturns that could negatively impact the smart grid sector.
Investor Profile
Ideal Investor Profile
The ideal investor is someone seeking targeted exposure to the smart grid infrastructure sector and believes in the long-term growth potential of clean energy and grid modernization.
Market Risk
GRID is suitable for long-term investors who understand the risks and opportunities associated with sector-specific investments and are looking for growth potential.
Summary
First Trust NASDAQu00ae Clean Edgeu00ae Smart Grid Infrastructure Index Fund (GRID) offers targeted exposure to the smart grid sector, tracking the NASDAQu00ae Clean Edgeu00ae Smart Grid Infrastructure Index. Its focused approach makes it attractive to investors bullish on smart grid technology, while it's AUM and liquidity allow ease of investing. Investors should consider its expense ratio and potential volatility compared to broad market ETFs. While the market is competitive, GRID fills a niche.
Peer Comparison
Sources and Disclaimers
Data Sources:
- First Trust website
- ETF.com
- Morningstar
- Company Filings
Disclaimers:
The information provided is for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Investors should consult with a qualified financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About First Trust NASDAQ® Clean Edge® Smart Grid Infrastructure Index Fund
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depositary receipts that comprise the index. The index includes companies that are primarily engaged and involved in electric grid, electric meters and devices, networks, energy storage and management, and enabling software used by the smart grid infrastructure sector. The fund is non-diversified.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.