GRID vs PVAL
Comparison between FIRST TRUST NASDAQ CLEAN EDGE SMART GRID INFRASTRUCTURE INDEX FUND (GRID, ETF) and Putnam Focused Large Cap Value ETF (PVAL, ETF).
5-Year PerformancePVAL has outperformed GRID, delivering a return of +16.9% compared to +15.3%
GRID vs PVAL - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
GRID
$12B
PVAL
$12B
Expense Ratio
GRID
0.56%
Winner
PVAL
0.55%
Max Drawdown
GRID
40.56%
Winner
PVAL
16.64%
Sharpe Ratio
GRID
1.03
Winner
PVAL
2.05
5Y Beta
GRID
1.09
Winner
PVAL
0.75
P/E Ratio
GRID
N/A
PVAL
23.00
Forward P/E
GRID
N/A
PVAL
17.16
PEG Ratio
GRID
N/A
PVAL
0.43
5Y Dividends CAGR
GRID
20.78%
PVAL
N/A
5Y EPS CAGR
GRID
N/A
PVAL
11.39%
Debt to Equity
GRID
N/A
PVAL
42.48%
P/S Ratio
GRID
N/A
PVAL
1.80
P/B Ratio
GRID
N/A
PVAL
3.28
GRID vs PVAL - Holdings Comparison
GRID and PVAL have 4 common holdings. Overlap is 4.43%
GRID's top 25 holdings weight is 78.13%. PVAL's top 25 holdings weight is 70.46%.
| Rank | GRID | PVAL |
|---|---|---|
| #1 | EATON CORP PLC (ETN) - 8.43% | CISCO SYSTEMS INC (CSCO) - 5.99% |
| #2 | SCHNEIDER ELECTRIC SE (n/a) - 8.18% | CITIGROUP INC (C) - 4.63% |
| #3 | ABB LTD (n/a) - 8.15% | EXXON MOBIL CORP (XOM) - 3.62% |
| #4 | n/a (JCI) - 8.09% | ALPHABET INC CLASS A (GOOGL) - 3.29% |
| #5 | QUANTA SERVICES INC (PWR) - 7.95% | ADVANCED MICRO DEVICES INC (AMD) - 3.06% |
| #6 | NATIONAL GRID PLC (n/a) - 4.09% | SEAGATE TECHNOLOGY HOLDINGS PLC (STX) - 3.05% |
| #7 | E.ON SE (n/a) - 3.87% | AMAZON.COM INC (AMZN) - 2.93% |
| #8 | PRYSMIAN SPA (n/a) - 3.86% | FREEPORT-MCMORAN INC (FCX) - 2.92% |
| #9 | NVENT ELECTRIC PLC (NVT) - 2.77% | MICROSOFT CORP (MSFT) - 2.92% |
| #10 | HUBBELL INC (HUBB) - 2.50% | HILTON WORLDWIDE HOLDINGS INC (HLT) - 2.84% |
| #11 | TESLA INC (TSLA) - 2.00% | COCA-COLA CO (KO) - 2.82% |
| #12 | NVIDIA CORP (NVDA) - 1.92% | PHILIP MORRIS INTERNATIONAL INC (PM) - 2.69% |
| #13 | TERNA SPA (n/a) - 1.74% | FEDEX CORP (FDX) - 2.68% |
| #14 | CISCO SYSTEMS INC (CSCO) - 1.70% | BANK OF AMERICA CORP (BAC) - 2.62% |
| #15 | HD HYUNDAI ELECTRIC (n/a) - 1.55% | SOUTHWEST AIRLINES CO (LUV) - 2.58% |
| #16 | HYDRO ONE LTD (n/a) - 1.52% | ALLSTATE CORP (ALL) - 2.45% |
| #17 | APTIV PLC (APTV) - 1.30% | GENERAL MOTORS CO (GM) - 2.43% |
| #18 | LS ELECTRIC CO LTD (n/a) - 1.24% | MCKESSON CORP (MCK) - 2.41% |
| #19 | BELIMO HOLDING AG (n/a) - 1.20% | THE GOLDMAN SACHS GROUP INC (GS) - 2.22% |
| #20 | GE VERNOVA INC (GEV) - 1.05% | THERMO FISHER SCIENTIFIC INC (TMO) - 2.13% |
| #21 | ORACLE CORP (ORCL) - 1.03% | QUALCOMM INC (QCOM) - 2.12% |
| #22 | SPIE SA (n/a) - 1.03% | CAPITAL ONE FINANCIAL CORP (COF) - 2.03% |
| #23 | TEXAS INSTRUMENTS INC (TXN) - 1.00% | JOHNSON CONTROLS INTERNATIONAL PLC REGISTERED SHARES (JCI) - 2.03% |
| #24 | INTERNATIONAL BUSINESS MACHINES CORP (IBM) - 0.99% | PROLOGIS INC (PLD) - 2.02% |
| #25 | EQUATORIAL SA (n/a) - 0.97% | CHARLES SCHWAB CORP (SCHW) - 1.98% |
| Total Holdings | 132 | 47 |
GRID vs PVAL - Historical Returns
Returns include dividend reinvestment.
1M
GRID
-8.44%
Winner
PVAL
+1.57%
3M
GRID
+0.09%
Winner
PVAL
+7.05%
6M
Winner
GRID
+13.93%
PVAL
+12.38%
1Y
GRID
+27.15%
Winner
PVAL
+29.47%
5Y(CAGR)
GRID
+15.27%
Winner
PVAL
+16.95%
10Y(CAGR)
GRID
+18.63%
PVAL
N/A
Max(CAGR)
GRID
+12.54%
Winner
PVAL
+16.47%
GRID vs PVAL - Annual Returns (2009 - 2026)
Returns include dividend reinvestment.
| Year | GRID | PVAL |
|---|---|---|
| 2026 | +16.14% | +14.19% |
| 2025 | +29.86% | +24.59% |
| 2024 | +16.50% | +18.93% |
| 2023 | +21.63% | +18.99% |
| 2022 | -14.08% | -2.65% |
| 2021 | +28.22% | +11.43% |
| 2020 | +46.19% | N/A |
| 2019 | +42.24% | N/A |
| 2018 | -22.93% | N/A |
| 2017 | +28.47% | N/A |
| 2016 | +25.59% | N/A |
| 2015 | -4.90% | N/A |
| 2014 | +0.55% | N/A |
| 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 PVAL Drawdown Comparison
The maximum drawdown for GRID was -40.56%, occurring on Mar 18, 2020. Recovery took 116 trading sessions.
The maximum drawdown for PVAL was -16.64%, occurring on Sep 30, 2022. Recovery took 211 trading sessions.
The current GRID drawdown is -9.48%.
| Rank | GRID | PVAL |
|---|---|---|
| #1 | -40.56% Feb 20, 2020 - Aug 5, 2020 | -16.64% Mar 30, 2022 - Feb 1, 2023 |
| #2 | -35.42% Apr 4, 2011 - Sep 24, 2013 | -15.40% Nov 29, 2024 - Jun 24, 2025 |
| #3 | -29.65% Jan 26, 2018 - Nov 4, 2019 | -8.75% Feb 14, 2023 - Jun 15, 2023 |
| #4 | -29.64% Nov 19, 2021 - Jun 13, 2023 | -8.67% Jul 31, 2023 - Dec 1, 2023 |
| #5 | -26.65% Mar 6, 2014 - Aug 16, 2016 | -7.63% Jan 4, 2022 - Mar 29, 2022 |
| #6 | -20.76% Jul 18, 2023 - Feb 22, 2024 | -7.22% Feb 9, 2026 - Apr 17, 2026 |
| #7 | -20.62% Sep 26, 2024 - May 15, 2025 | -6.98% Jul 16, 2024 - Aug 30, 2024 |
| #8 | -18.68% Jan 8, 2010 - Jan 24, 2011 | -5.37% Nov 24, 2021 - Dec 29, 2021 |
| #9 | -11.72% Feb 25, 2026 - Apr 13, 2026 | -4.28% Mar 28, 2024 - May 9, 2024 |
| #10 | -11.02% May 11, 2026 - Jul 20, 2026 | -4.27% Jun 8, 2021 - Jul 2, 2021 |
| #11 | -10.62% Jul 16, 2024 - Sep 17, 2024 | -4.18% Jul 2, 2021 - Aug 3, 2021 |
| #12 | -8.34% Sep 2, 2020 - Oct 5, 2020 | -3.86% Aug 30, 2024 - Sep 19, 2024 |
| #13 | -7.91% Feb 18, 2011 - Mar 30, 2011 | -3.83% Aug 27, 2021 - Oct 14, 2021 |
| #14 | -7.80% Oct 29, 2025 - Jan 16, 2026 | -3.46% Jul 23, 2025 - Aug 20, 2025 |
| #15 | -7.40% Sep 2, 2021 - Oct 28, 2021 | -3.36% Nov 12, 2025 - Nov 26, 2025 |
Correlation
Correlation between GRID and PVAL is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.
0.97
-101
Dividend Comparison (2009 - 2026)
GRID vs PVAL dividend yield comparison.
| Year | GRID | PVAL |
|---|---|---|
| 2026 | 0.48% | 0.51% |
| 2025 | 1.01% | 1.00% |
| 2024 | 1.06% | 1.34% |
| 2023 | 1.23% | 1.33% |
| 2022 | 1.26% | 0.59% |
| 2021 | 0.63% | 0.47% |
| 2020 | 0.68% | 0.00% |
| 2019 | 1.26% | 0.00% |
| 2018 | 1.28% | 0.00% |
| 2017 | 1.07% | 0.00% |
| 2016 | 1.07% | 0.00% |
| 2015 | 1.23% | 0.00% |
| 2014 | 1.46% | 0.00% |
| 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% |
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