GRID vs ONEQ

Comparison between FIRST TRUST NASDAQ CLEAN EDGE SMART GRID INFRASTRUCTURE INDEX FUND (GRID, ETF) and FIDELITY NASDAQ COMPOSITE INDEX ETF (ONEQ, ETF).

5-Year PerformanceGRID has outperformed ONEQ, delivering a return of +19.3% compared to +16.1%

GRID vs ONEQ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GRID(ETF)	ONEQ(ETF)
Net Assets	$10B	$10B
Expense Ratio	0.56%	0.21%
Max Drawdown	40.56%	55.55%
Sharpe Ratio	2.39	2.17
5Y Beta	1.05	1.25
Forward P/E	N/A	25.24
5Y Dividends CAGR	22.26%	16.46%
5Y EPS CAGR	N/A	32.63%
P/S Ratio	N/A	3.38
P/B Ratio	N/A	7.73

Net Assets

GRID

$10B

ONEQ

$10B

Expense Ratio

GRID

0.56%

Winner

ONEQ

0.21%

Max Drawdown

Winner

GRID

40.56%

ONEQ

55.55%

Sharpe Ratio

Winner

GRID

2.39

ONEQ

2.17

5Y Beta

Winner

GRID

1.05

ONEQ

1.25

Forward P/E

GRID

N/A

ONEQ

25.24

5Y Dividends CAGR

Winner

GRID

22.26%

ONEQ

16.46%

5Y EPS CAGR

GRID

N/A

ONEQ

32.63%

P/S Ratio

GRID

N/A

ONEQ

3.38

P/B Ratio

GRID

N/A

ONEQ

7.73

GRID vs ONEQ - Holdings Comparison

GRID and ONEQ have 16 common holdings. Overlap is 5.04%

GRID's top 25 holdings weight is 77.51%. ONEQ's top 25 holdings weight is 72.58%.

Rank	GRID	ONEQ
#1	ABB LTD (n/a) - 8.14%	NVIDIA CORP (NVDA) - 11.16%
#2	EATON CORP PLC (ETN) - 8.07%	APPLE INC (AAPL) - 9.75%
#3	n/a (JCI) - 7.41%	MICROSOFT CORP (MSFT) - 7.14%
#4	SCHNEIDER ELECTRIC SE (n/a) - 7.22%	AMAZON.COM INC (AMZN) - 6.86%
#5	NATIONAL GRID PLC (n/a) - 6.91%	ALPHABET INC CLASS A (GOOGL) - 5.28%
#6	QUANTA SERVICES INC (PWR) - 5.06%	ALPHABET INC CLASS C (GOOG) - 4.88%
#7	PRYSMIAN SPA (n/a) - 4.98%	BROADCOM INC (AVGO) - 4.73%
#8	E.ON SE (n/a) - 3.41%	n/a (n/a) - 3.67%
#9	NVENT ELECTRIC PLC (NVT) - 2.55%	TESLA INC (TSLA) - 3.41%
#10	HUBBELL INC (HUBB) - 2.52%	META PLATFORMS INC CLASS A (META) - 3.09%
#11	HD HYUNDAI ELECTRIC (n/a) - 2.07%	WALMART INC (WMT) - 2.43%
#12	NVIDIA CORP (NVDA) - 2.05%	MICRON TECHNOLOGY INC (MU) - 1.67%
#13	TESLA INC (TSLA) - 1.79%	ADVANCED MICRO DEVICES INC (AMD) - 1.35%
#14	TERNA SPA (n/a) - 1.76%	INTEL CORP (INTC) - 1.25%
#15	FUJIKURA LTD (n/a) - 1.59%	COSTCO WHOLESALE CORP (COST) - 1.05%
#16	HYDRO ONE LTD (n/a) - 1.57%	CISCO SYSTEMS INC (CSCO) - 0.87%
#17	LS ELECTRIC CO LTD (n/a) - 1.47%	NETFLIX INC (NFLX) - 0.86%
#18	CISCO SYSTEMS INC (CSCO) - 1.37%	LAM RESEARCH CORP (LRCX) - 0.80%
#19	ORACLE CORP (ORCL) - 1.26%	APPLIED MATERIALS INC (AMAT) - 0.76%
#20	EQUATORIAL SA (n/a) - 1.24%	n/a (PLTR) - 0.72%
#21	APTIV PLC (APTV) - 1.10%	MONSTER BEVERAGE CORP (MNST) - 0.17%
#22	SPIE SA (n/a) - 1.05%	LUMENTUM HOLDINGS INC (LITE) - 0.17%
#23	GE VERNOVA INC (GEV) - 1.02%	NXP SEMICONDUCTORS NV (NXPI) - 0.17%
#24	BELIMO HOLDING AG (n/a) - 0.96%	AMERICAN ELECTRIC POWER CO INC (AEP) - 0.17%
#25	ELIA GROUP SA/NV (n/a) - 0.94%	ROSS STORES INC (ROST) - 0.17%
Total Holdings	130	950

GRID vs ONEQ - Historical Returns

Returns include dividend reinvestment.

Period	GRID	ONEQ
1 month	+9.84%	+13.77%
3 months	+12.53%	+17.40%
6 months	+29.39%	+16.03%
1 year	+56.31%	+39.86%
5 years(CAGR)	+19.32%	+16.14%
10 years(CAGR)	+20.04%	+19.99%
Max(CAGR)	+13.29%	+13.52%

GRID

+9.84%

Winner

ONEQ

+13.77%

GRID

+12.53%

Winner

ONEQ

+17.40%

Winner

GRID

+29.39%

ONEQ

+16.03%

Winner

GRID

+56.31%

ONEQ

+39.86%

5Y(CAGR)

Winner

GRID

+19.32%

ONEQ

+16.14%

10Y(CAGR)

Winner

GRID

+20.04%

ONEQ

+19.99%

Max(CAGR)

GRID

+13.29%

Winner

ONEQ

+13.52%

GRID vs ONEQ - Annual Returns (2003 - 2026)

Returns include dividend reinvestment.

Year	GRID	ONEQ
2026	+26.67%	+14.05%
2025	+29.86%	+21.08%
2024	+16.50%	+31.75%
2023	+21.63%	+46.53%
2022	-14.08%	-32.97%
2021	+28.22%	+24.00%
2020	+46.19%	+43.15%
2019	+42.24%	+37.55%
2018	-22.93%	-4.54%
2017	+28.47%	+28.37%
2016	+25.59%	+11.35%
2015	-4.90%	+7.55%
2014	+0.55%	+15.19%
2013	+23.35%	+35.41%
2012	+15.17%	+15.29%
2011	-21.53%	-2.18%
2010	-2.49%	+16.05%
2009	+6.58%	+39.93%
2008	N/A	-38.87%
2007	N/A	+9.80%
2006	N/A	+8.55%
2005	N/A	+3.01%
2004	N/A	+8.54%
2003	N/A	+9.20%

GRID vs ONEQ Drawdown Comparison

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

The maximum drawdown for ONEQ was -55.09%, occurring on Mar 9, 2009. Recovery took 823 trading sessions.

The current GRID drawdown is -1.27%.

Rank	GRID	ONEQ
#1	-40.56% Feb 20, 2020 - Aug 5, 2020	-55.09% Oct 31, 2007 - Feb 7, 2011
#2	-35.42% Apr 4, 2011 - Sep 24, 2013	-35.23% Nov 19, 2021 - Jan 29, 2024
#3	-29.65% Jan 26, 2018 - Nov 4, 2019	-30.16% Feb 19, 2020 - Jun 5, 2020
#4	-29.64% Nov 19, 2021 - Jun 13, 2023	-24.09% Dec 16, 2024 - Jun 26, 2025
#5	-26.65% Mar 6, 2014 - Aug 16, 2016	-23.27% Aug 31, 2018 - Apr 23, 2019
#6	-20.76% Jul 18, 2023 - Feb 22, 2024	-18.54% Jul 7, 2011 - Feb 2, 2012
#7	-20.62% Sep 26, 2024 - May 15, 2025	-18.36% Jan 20, 2004 - Dec 3, 2004
#8	-18.68% Jan 8, 2010 - Jan 24, 2011	-17.65% Jul 20, 2015 - Jul 29, 2016
#9	-11.72% Feb 25, 2026 - Apr 13, 2026	-14.70% Apr 19, 2006 - Oct 16, 2006
#10	-10.62% Jul 16, 2024 - Sep 17, 2024	-13.24% Jul 10, 2024 - Oct 29, 2024
#11	-8.34% Sep 2, 2020 - Oct 5, 2020	-12.72% Dec 30, 2004 - Jul 20, 2005
#12	-7.91% Feb 18, 2011 - Mar 30, 2011	-12.64% Oct 29, 2025 - Apr 15, 2026
#13	-7.80% Oct 29, 2025 - Jan 16, 2026	-11.96% Sep 2, 2020 - Nov 25, 2020
#14	-7.40% Sep 2, 2021 - Oct 28, 2021	-11.77% Mar 27, 2012 - Sep 6, 2012
#15	-6.94% Jan 7, 2021 - Mar 11, 2021	-10.92% Sep 19, 2012 - Feb 1, 2013

Correlation

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

0.98

-101

Dividend Comparison (2003 - 2026)

GRID vs ONEQ dividend yield comparison.

Year	GRID	ONEQ
2026	0.05%	0.29%
2025	1.01%	0.54%
2024	1.06%	0.65%
2023	1.23%	0.71%
2022	1.26%	0.97%
2021	0.63%	0.54%
2020	0.68%	0.71%
2019	1.26%	2.51%
2018	1.28%	1.08%
2017	1.07%	0.84%
2016	1.07%	1.12%
2015	1.23%	1.04%
2014	1.46%	1.19%
2013	1.33%	0.84%
2012	0.89%	1.42%
2011	1.02%	0.85%
2010	0.68%	0.68%
2009	0.07%	0.51%
2008	0.00%	0.92%
2007	0.00%	0.57%
2006	0.00%	0.46%
2005	0.00%	0.97%
2004	0.00%	1.20%
2003	0.00%	0.09%