GRID
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First Trust Nasdaq® Clean Edge® Smart Grid Infrastructure Index Fund
138.5
-0.5 (-0.36%)
Last Update: 01 Jul 2025 23:00:00
Yesterday: 139.02
Day's Range: 137.5401 - 138.7977
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When Written:
97.63
The First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) is an exchange-traded fund (ETF) that tracks the performance of companies involved in the development and implementation of smart grid infrastructure. The fund is based on the NASDAQ Clean Edge Smart Grid Infrastructure Index, which includes companies involved in areas such as electric grid automation, energy storage, and renewable energy integration.
GRID was launched in 2009 and has since grown to hold over $2 billion in assets under management. The fund has an expense ratio of 0.70% and is composed of 77 holdings, with the top three sectors being electrical equipment, renewable energy, and semiconductors.
Investing in GRID provides exposure to companies that are at the forefront of the transition to a more efficient and sustainable energy system. The fund has historically performed well, with an average annual return of 12.6% since its inception. However, investors should be aware that investing in GRID comes with risks, including market volatility and the potential for individual company underperformance.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
GRID was launched in 2009 and has since grown to hold over $2 billion in assets under management. The fund has an expense ratio of 0.70% and is composed of 77 holdings, with the top three sectors being electrical equipment, renewable energy, and semiconductors.
Investing in GRID provides exposure to companies that are at the forefront of the transition to a more efficient and sustainable energy system. The fund has historically performed well, with an average annual return of 12.6% since its inception. However, investors should be aware that investing in GRID comes with risks, including market volatility and the potential for individual company underperformance.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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