GRID vs AIRR

Comparison between FIRST TRUST NASDAQ CLEAN EDGE SMART GRID INFRASTRUCTURE INDEX FUND (GRID, ETF) and FIRST TRUST RBA AMERICAN INDUSTRIAL RENAISSANCE ETF (AIRR, ETF).

5-Year PerformanceAIRR has outperformed GRID, delivering a return of +25.9% compared to +19.3%

GRID vs AIRR - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GRID(ETF)	AIRR(ETF)
Net Assets	$10B	$10B
Expense Ratio	0.56%	0.69%
Max Drawdown	40.56%	42.37%
Sharpe Ratio	2.39	2.22
5Y Beta	1.05	1.24
P/E Ratio	N/A	38.70
Forward P/E	N/A	25.36
5Y Dividends CAGR	22.26%	45.34%
5Y EPS CAGR	N/A	22.40%
Debt to Equity	N/A	35.96%
P/S Ratio	N/A	2.33
P/B Ratio	N/A	4.30

Net Assets

GRID

$10B

Winner

AIRR

$10B

Expense Ratio

Winner

GRID

0.56%

AIRR

0.69%

Max Drawdown

Winner

GRID

40.56%

AIRR

42.37%

Sharpe Ratio

Winner

GRID

2.39

AIRR

2.22

5Y Beta

Winner

GRID

1.05

AIRR

1.24

P/E Ratio

GRID

N/A

AIRR

38.70

Forward P/E

GRID

N/A

AIRR

25.36

5Y Dividends CAGR

GRID

22.26%

Winner

AIRR

45.34%

5Y EPS CAGR

GRID

N/A

AIRR

22.40%

Debt to Equity

GRID

N/A

AIRR

35.96%

P/S Ratio

GRID

N/A

AIRR

2.33

P/B Ratio

GRID

N/A

AIRR

4.30

GRID vs AIRR - Holdings Comparison

GRID and AIRR have 4 common holdings. Overlap is 0.16%

GRID's top 25 holdings weight is 77.51%. AIRR's top 25 holdings weight is 73.33%.

Rank	GRID	AIRR
#1	ABB LTD (n/a) - 8.14%	STERLING INFRASTRUCTURE INC (STRL) - 5.87%
#2	EATON CORP PLC (ETN) - 8.07%	MASTEC INC (MTZ) - 4.48%
#3	n/a (JCI) - 7.41%	COMFORT SYSTEMS USA INC (FIX) - 4.47%
#4	SCHNEIDER ELECTRIC SE (n/a) - 7.22%	ARGAN INC (AGX) - 4.35%
#5	NATIONAL GRID PLC (n/a) - 6.91%	EMCOR GROUP INC (EME) - 4.30%
#6	QUANTA SERVICES INC (PWR) - 5.06%	C.H. ROBINSON WORLDWIDE INC (CHRW) - 3.69%
#7	PRYSMIAN SPA (n/a) - 4.98%	SAIA INC (SAIA) - 3.61%
#8	E.ON SE (n/a) - 3.41%	DYCOM INDUSTRIES INC (DY) - 3.46%
#9	NVENT ELECTRIC PLC (NVT) - 2.55%	BWX TECHNOLOGIES INC (BWXT) - 3.20%
#10	HUBBELL INC (HUBB) - 2.52%	OWENS-CORNING INC (OC) - 3.07%
#11	HD HYUNDAI ELECTRIC (n/a) - 2.07%	KRATOS DEFENSE & SECURITY SOLUTIONS INC (KTOS) - 2.94%
#12	NVIDIA CORP (NVDA) - 2.05%	HUNTINGTON INGALLS INDUSTRIES INC (HII) - 2.90%
#13	TESLA INC (TSLA) - 1.79%	CLEAN HARBORS INC (CLH) - 2.61%
#14	TERNA SPA (n/a) - 1.76%	POWELL INDUSTRIES INC (POWL) - 2.60%
#15	FUJIKURA LTD (n/a) - 1.59%	PRIMORIS SERVICES CORP (PRIM) - 2.46%
#16	HYDRO ONE LTD (n/a) - 1.57%	KARMAN HOLDINGS INC (KRMN) - 2.42%
#17	LS ELECTRIC CO LTD (n/a) - 1.47%	F N B CORP (FNB) - 2.33%
#18	CISCO SYSTEMS INC (CSCO) - 1.37%	CORE & MAIN INC CLASS A (CNM) - 2.14%
#19	ORACLE CORP (ORCL) - 1.26%	ADVANCED DRAINAGE SYSTEMS INC (WMS) - 2.12%
#20	EQUATORIAL SA (n/a) - 1.24%	IES HOLDINGS INC (IESC) - 1.86%
#21	APTIV PLC (APTV) - 1.10%	KIRBY CORP (KEX) - 1.83%
#22	SPIE SA (n/a) - 1.05%	RBC BEARINGS INC (RBC) - 1.78%
#23	GE VERNOVA INC (GEV) - 1.02%	APPLIED INDUSTRIAL TECHNOLOGIES INC (AIT) - 1.66%
#24	BELIMO HOLDING AG (n/a) - 0.96%	OSHKOSH CORP (OSK) - 1.63%
#25	ELIA GROUP SA/NV (n/a) - 0.94%	MUELLER INDUSTRIES INC (MLI) - 1.55%
Total Holdings	130	53

GRID vs AIRR - Historical Returns

Returns include dividend reinvestment.

Period	GRID	AIRR
1 month	+9.84%	+6.27%
3 months	+12.53%	+8.75%
6 months	+29.39%	+38.18%
1 year	+56.31%	+67.81%
5 years(CAGR)	+19.32%	+25.91%
10 years(CAGR)	+20.04%	+22.45%
Max(CAGR)	+13.29%	+17.01%

Winner

GRID

+9.84%

AIRR

+6.27%

Winner

GRID

+12.53%

AIRR

+8.75%

GRID

+29.39%

Winner

AIRR

+38.18%

GRID

+56.31%

Winner

AIRR

+67.81%

5Y(CAGR)

GRID

+19.32%

Winner

AIRR

+25.91%

10Y(CAGR)

GRID

+20.04%

Winner

AIRR

+22.45%

Max(CAGR)

GRID

+13.29%

Winner

AIRR

+17.01%

GRID vs AIRR - Annual Returns (2009 - 2026)

Returns include dividend reinvestment.

Year	GRID	AIRR
2026	+26.67%	+27.62%
2025	+29.86%	+28.15%
2024	+16.50%	+34.63%
2023	+21.63%	+31.64%
2022	-14.08%	-2.33%
2021	+28.22%	+35.64%
2020	+46.19%	+17.89%
2019	+42.24%	+33.18%
2018	-22.93%	-20.86%
2017	+28.47%	+15.55%
2016	+25.59%	+46.48%
2015	-4.90%	-8.82%
2014	+0.55%	-6.57%
2013	+23.35%	N/A
2012	+15.17%	N/A
2011	-21.53%	N/A
2010	-2.49%	N/A
2009	+6.58%	N/A

GRID vs AIRR Drawdown Comparison

The maximum drawdown for GRID was -40.56%, occurring on Mar 18, 2020. Recovery took 116 trading sessions.

The maximum drawdown for AIRR was -42.37%, occurring on Mar 23, 2020. Recovery took 187 trading sessions.

The current GRID drawdown is -1.27%. The current AIRR drawdown is -1.86%.

Rank	GRID	AIRR
#1	-40.56% Feb 20, 2020 - Aug 5, 2020	-42.37% Feb 13, 2020 - Nov 9, 2020
#2	-35.42% Apr 4, 2011 - Sep 24, 2013	-28.40% Apr 2, 2014 - Aug 23, 2016
#3	-29.65% Jan 26, 2018 - Nov 4, 2019	-28.06% Sep 21, 2018 - Nov 1, 2019
#4	-29.64% Nov 19, 2021 - Jun 13, 2023	-27.95% Nov 25, 2024 - Jul 24, 2025
#5	-26.65% Mar 6, 2014 - Aug 16, 2016	-24.08% Nov 16, 2021 - Jan 13, 2023
#6	-20.76% Jul 18, 2023 - Feb 22, 2024	-15.47% Sep 1, 2023 - Dec 13, 2023
#7	-20.62% Sep 26, 2024 - May 15, 2025	-14.36% Mar 3, 2023 - Jun 7, 2023
#8	-18.68% Jan 8, 2010 - Jan 24, 2011	-13.09% Feb 20, 2026 - Apr 14, 2026
#9	-11.72% Feb 25, 2026 - Apr 13, 2026	-11.06% Jan 12, 2018 - Aug 21, 2018
#10	-10.62% Jul 16, 2024 - Sep 17, 2024	-10.05% Jul 31, 2024 - Sep 19, 2024
#11	-8.34% Sep 2, 2020 - Oct 5, 2020	-9.86% May 7, 2021 - Aug 11, 2021
#12	-7.91% Feb 18, 2011 - Mar 30, 2011	-9.70% Mar 12, 2021 - May 7, 2021
#13	-7.80% Oct 29, 2025 - Jan 16, 2026	-9.45% Mar 1, 2017 - Sep 19, 2017
#14	-7.40% Sep 2, 2021 - Oct 28, 2021	-9.28% Oct 29, 2025 - Dec 10, 2025
#15	-6.94% Jan 7, 2021 - Mar 11, 2021	-9.04% May 24, 2024 - Jul 16, 2024

Correlation

Correlation between GRID and AIRR is 0.98 which considered as a very strong positive correlation - the stocks move almost identically together.

0.98

-101

Dividend Comparison (2009 - 2026)

GRID vs AIRR dividend yield comparison.

Year	GRID	AIRR
2026	0.05%	0.05%
2025	1.01%	0.19%
2024	1.06%	0.18%
2023	1.23%	0.23%
2022	1.26%	0.12%
2021	0.63%	0.05%
2020	0.68%	0.10%
2019	1.26%	0.20%
2018	1.28%	0.43%
2017	1.07%	0.30%
2016	1.07%	0.08%
2015	1.23%	0.47%
2014	1.46%	0.38%
2013	1.33%	0.00%
2012	0.89%	0.00%
2011	1.02%	0.00%
2010	0.68%	0.00%
2009	0.07%	0.00%