(GRID) NASDAQ Clean Edge Smart - Overview

ETF Category: Infrastructure | Exchange: NASDAQ (USA) | Market Cap: 11.275m USD | Total Return: 49.2% in 12m

Electric Meters, Energy Storage, Smart Grids, Management Software
Total Rating 85
Safety 53
Buy Signal 0.01
Infrastructure
Category Rotation: -0.9
TER: 0.57%
AUM: 11.3B
Avg Turnover: 143M
Risk 3d forecast
Volatility21.4%
VaR 5th Pctl3.94%
VaR vs Median2.38%
Reward TTM
Sharpe Ratio1.95
Rel. Str. IBD74.7
Rel. Str. Peer Group75
Character TTM
Beta1.094
Beta Downside0.927
Hurst Exponent0.520
Drawdowns 3y
Max DD20.77%
CAGR/Max DD1.24
CAGR/Mean DD6.29

Warnings

No concerns identified

Tailwinds

Supp Ema20

Description: GRID NASDAQ Clean Edge Smart

The First Trust NASDAQ® Clean Edge® Smart Grid Infrastructure Index Fund (GRID) invests at least 90% of its net assets in equity securities within the smart grid infrastructure sector. The fund targets companies specializing in electric grid modernization, energy storage, network management, and specialized software. As a non-diversified fund, it maintains concentrated positions in firms essential to the transition from traditional power systems to digitized, automated electrical networks.

The sectors growth is driven by the integration of intermittent renewable energy sources, which requires high-voltage transmission upgrades and advanced metering infrastructure to maintain grid stability. Smart grid companies typically operate through long-term infrastructure contracts or software-as-a-service models, providing recurring revenue from utility providers upgrading aging hardware. For a deeper analysis of these sector fundamentals, ValueRay provides detailed valuation metrics.

Headlines to Watch Out For
  • Global utility modernization initiatives drive demand for smart grid hardware components
  • Government infrastructure legislation increases funding for power network decarbonization projects
  • Rising copper and raw material costs impact manufacturing margins for grid equipment
  • Expansion of energy storage systems boosts software and management service revenues
  • High interest rates increase capital expenditure costs for large-scale utility infrastructure upgrades
What is the price of GRID shares?

As of May 30, 2026, the stock is trading at USD 193.07 with a total of 728,647 shares traded.
Over the past week, the price has changed by +1.09%, over one month by +4.76%, over three months by +8.62% and over the past year by +49.20%.

Is GRID a buy, sell or hold?

NASDAQ Clean Edge Smart has no consensus analysts rating.