(GRID) NASDAQ Clean Edge Smart - Overview
Etf: Electric Grid, Storage, Meters, Networks, Software
Dividends
| Dividend Yield | 1.11% |
| Yield on Cost 5y | 1.90% |
| Yield CAGR 5y | 24.18% |
| Payout Consistency | 93.4% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 16.5% |
| Relative Tail Risk | 3.39% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.61 |
| Alpha | 28.35 |
| Character TTM | |
|---|---|
| Beta | 0.935 |
| Beta Downside | 0.832 |
| Drawdowns 3y | |
|---|---|
| Max DD | 20.77% |
| CAGR/Max DD | 1.13 |
Description: GRID NASDAQ Clean Edge Smart January 12, 2026
The First Trust NASDAQ® Clean Edge® Smart Grid Infrastructure Index Fund (NASDAQ: GRID) is an ETF that commits at least 90 % of its net assets-including any investment borrowings-to the common stocks and depositary receipts that make up its benchmark index. The index tracks companies whose core activities involve electric-grid hardware (e.g., meters, substations), energy-storage and management systems, and the software platforms that enable smart-grid operations. Because the fund is classified as “non-diversified,” it may concentrate more than 25 % of assets in a single issuer, which can amplify both upside potential and risk.
As of the most recent filing (Q4 2025), GRID manages roughly $1.2 billion in assets with an expense ratio of 0.65 %. Its top holdings are concentrated in firms such as Enphase Energy (≈ 9 % of assets), Siemens Energy (≈ 7 %), and Itron (≈ 5 %). The smart-grid sector is projected to grow at a compound annual growth rate of about 10 % from 2024 to 2030, driven by three primary forces: (1) accelerated renewable-energy integration requiring real-time grid balancing, (2) rising electric-vehicle adoption that increases load variability, and (3) supportive policy frameworks (e.g., U.S. Infrastructure Investment and Jobs Act) that fund grid modernization projects.
For a deeper, data-rich analysis of GRID’s risk-adjusted performance and sector exposure, you may find the research tools on ValueRay useful.
What is the price of GRID shares?
Over the past week, the price has changed by +3.63%, over one month by +8.53%, over three months by +10.36% and over the past year by +42.22%.
Is GRID a buy, sell or hold?
What are the forecasts/targets for the GRID price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 214.1 | 25.3% |
GRID Fundamental Data Overview February 07, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 5.93b USD (5.93b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 5.93b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 5.93b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 9.36% (E(5.93b)/V(5.93b) * Re(9.36%) + (debt-free company))
Discount Rate = 9.36% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)