GRID - ETF AI Analysis
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First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index (GRID)
GRID’s rating suggests it is a solid but not top-tier clean infrastructure ETF, supported by strong core holdings like Quanta Services, ABB, Eaton, and National Grid, which all show robust financial performance and positive business outlooks. The fund’s score is held back somewhat by weaker names such as E.ON and Schneider Electric, where mixed results and bearish or neutral technical signals add caution. The main risk factor is its concentrated exposure to a single theme—clean grid and infrastructure—meaning performance is closely tied to that sector’s cycles and valuation levels.
GRID vs. SPDR S&P 500 ETF (SPY)
- AUM
- 11.52B
- Region
- Global
- Expense Ratio
- 0.56%
- Beta
- 1.03
- Issuer
- First Trust
- Inception Date
- Nov 16, 2009
- Dividend Yield
- 0.92%
- Asset Class
- Equity
- Index Tracked
- NASDAQ OMX Clean Edge Smart Grid Infrastr (TR)
GRID Summary
GRID is an exchange-traded fund (ETF) that follows the Nasdaq Clean Edge Smart Grid Infrastructure Index, focusing on companies that help build and modernize power grids and support clean energy. It holds firms involved in smart meters, electric equipment, and grid technology, with big names like Eaton and Schneider Electric in the mix. Investors might consider GRID if they want global diversification and exposure to the long-term growth of cleaner, smarter energy infrastructure. However, because it is concentrated in infrastructure and industrial companies, its price can go up and down more than the broader stock market.
How much will it cost me?
The expense ratio for GRID is 0.56%, which means you’ll pay $5.60 per year for every $1,000 invested. This is higher than average because GRID is a specialized ETF focused on clean energy and smart grid technologies, which typically require more active management compared to broad market index ETFs.
What would affect this ETF?
GRID's focus on clean energy and smart grid technologies positions it to benefit from global trends toward renewable energy adoption and infrastructure modernization, supported by increasing government incentives and ESG-focused investments. However, the ETF could face challenges from rising interest rates, which may increase borrowing costs for infrastructure projects, and potential regulatory changes or geopolitical tensions that could impact its global holdings. Its heavy exposure to industrials and utilities makes it sensitive to economic cycles and energy sector volatility.
GRID Top 10 Holdings
GRID is powered by industrial heavyweights like Eaton, Quanta Services, Johnson Controls, and ABB, which have been generally rising this year and form the backbone of its smart grid story. Eaton and Johnson Controls are steady engines, while Quanta and nVent Electric have been standout winners, giving the fund extra spark. On the flip side, European names such as National Grid and E.ON have been lagging, acting as a mild brake on performance. Overall, the ETF is clearly concentrated in global industrial and clean-energy infrastructure plays, with a strong tilt toward U.S. and European markets.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
 JCI | Johnson Controls | 8.77% | $997.91M | $89.61B | 33.76% | 70Outperform |
 PWR | Quanta Services | 8.31% | $945.24M | $92.97B | 35.23% | 78Outperform |
 ETN | Eaton | 8.04% | $915.15M | $152.06B | 1.14% | 75Outperform |
 SE:ABB | ABB Ltd | ― | ― | ― | ― | 78Outperform |
 FR:SU | Schneider Electric | 6.79% | $772.24M | EUR 142.65B | -1.59% | 62Neutral |
 GB:NG | National Grid | 4.32% | $491.50M | GBP 59.80B | 6.93% | 76Outperform |
 DE:EOAN | E.ON SE | 4.14% | $471.25M | EUR 45.75B | 9.88% | 61Neutral |
 IT:PRY | Prysmian SpA | 3.55% | $404.03M | EUR 31.21B | 17.35% | 65Neutral |
 NVT | nVent Electric | 2.70% | $307.77M | $22.91B | 39.46% | 76Outperform |
 HUBB | Hubbell B | 2.65% | $301.09M | $24.56B | 6.41% | 77Outperform |
GRID Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For GRID, the sentiment is Negative. The current price of 167.91 is below the 20-day moving average (MA) of 177.41, below the 50-day MA of 179.04, and below the 200-day MA of 177.57, indicating a bearish trend. The MACD of -2.34 indicates Positive momentum. The RSI at 33.81 is Neutral, neither overbought nor oversold. The STOCH value of 9.42 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GRID.
GRID Peer Comparison
Comparison Results
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| GRID | $167.91 | $191.00(13.75% Upside) | $11.52B | 0.56% | 63Neutral |
 SMH | $546.36 | $761.90(39.45% Upside) | $66.97B | 0.35% | 73Outperform |
 CIBR | $100.40 | $114.14(13.69% Upside) | $17.27B | 0.58% | 71Outperform |
 IGF | $64.10 | $71.92(12.19% Upside) | $10.49B | 0.37% | 65Neutral |
 NFRA | $63.57 | $74.17(16.69% Upside) | $2.99B | 0.47% | 66Neutral |
 BKGI | $41.70 | $48.32(15.88% Upside) | $1.88B | 0.55% | 68Neutral |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| GRID | First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index | 167.91 | 14.31 | 9.32% | |
| SMH | VanEck Semiconductor ETF | 546.36 | 202.63 | 58.95% | |
| CIBR | First Trust NASDAQ Cybersecurity ETF | 100.40 | 23.45 | 30.47% | |
| IGF | iShares Global Infrastructure ETF | 64.10 | 4.13 | 6.89% | |
| NFRA | FlexShares STOXX Global Broad Infrastructure Index Fund | 63.56 | 4.02 | 6.76% | |
| BKGI | BNY Mellon Global Infrastructure Income ETF | 41.70 | 3.19 | 8.28% |
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.