GRID vs SPY
Comparison between FIRST TRUST NASDAQ CLEAN EDGE SMART GRID INFRASTRUCTURE INDEX FUND (GRID, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).
5-Year PerformanceGRID has outperformed SPY, delivering a return of +18.5% compared to +13.3%
GRID vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
GRID
$7.60B
Winner
SPY
$652B
Expense Ratio
GRID
0.56%
Winner
SPY
0.09%
Max Drawdown
Winner
GRID
40.56%
SPY
56.47%
Sharpe Ratio
Winner
GRID
2.54
SPY
2.07
5Y Beta
GRID
1.05
Winner
SPY
1.00
P/E Ratio
GRID
N/A
SPY
28.24
Forward P/E
GRID
N/A
SPY
21.85
5Y Dividends CAGR
Winner
GRID
22.26%
SPY
5.43%
5Y EPS CAGR
GRID
N/A
SPY
25.79%
Debt to Equity
GRID
N/A
SPY
22.35%
P/S Ratio
GRID
N/A
SPY
3.55
P/B Ratio
GRID
N/A
SPY
5.29
GRID vs SPY - Holdings Comparison
GRID and SPY have 21 common holdings. Overlap is 7.99%
GRID's top 25 holdings weight is 77.92%. SPY's top 25 holdings weight is 51.32%.
| Rank | GRID | SPY |
|---|---|---|
| #1 | EATON CORP PLC (ETN) - 8.45% | NVIDIA CORP (NVDA) - 8.45% |
| #2 | ABB LTD (n/a) - 7.97% | APPLE INC (AAPL) - 6.48% |
| #3 | n/a (JCI) - 7.54% | MICROSOFT CORP (MSFT) - 5.20% |
| #4 | SCHNEIDER ELECTRIC SE (n/a) - 7.46% | AMAZON.COM INC (AMZN) - 4.14% |
| #5 | NATIONAL GRID PLC (n/a) - 7.22% | ALPHABET INC CLASS A (GOOGL) - 3.32% |
| #6 | PRYSMIAN SPA (n/a) - 4.58% | BROADCOM INC (AVGO) - 3.09% |
| #7 | QUANTA SERVICES INC (PWR) - 4.31% | ALPHABET INC CLASS C (GOOG) - 2.65% |
| #8 | E.ON SE (n/a) - 3.67% | META PLATFORMS INC CLASS A (META) - 2.40% |
| #9 | HUBBELL INC (HUBB) - 2.81% | TESLA INC (TSLA) - 1.73% |
| #10 | NVIDIA CORP (NVDA) - 2.31% | BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 1.43% |
| #11 | NVENT ELECTRIC PLC (NVT) - 2.17% | JPMORGAN CHASE & CO (JPM) - 1.37% |
| #12 | HD HYUNDAI ELECTRIC (n/a) - 2.04% | ELI LILLY AND CO (LLY) - 1.13% |
| #13 | TERNA SPA (n/a) - 1.86% | EXXON MOBIL CORP (XOM) - 1.03% |
| #14 | TESLA INC (TSLA) - 1.80% | MICRON TECHNOLOGY INC (MU) - 0.93% |
| #15 | FUJIKURA LTD (n/a) - 1.77% | WALMART INC (WMT) - 0.91% |
| #16 | HYDRO ONE LTD (n/a) - 1.61% | JOHNSON & JOHNSON (JNJ) - 0.90% |
| #17 | CISCO SYSTEMS INC (CSCO) - 1.31% | ADVANCED MICRO DEVICES INC (AMD) - 0.86% |
| #18 | LS ELECTRIC CO LTD (n/a) - 1.30% | VISA INC CLASS A (V) - 0.85% |
| #19 | EQUATORIAL SA (n/a) - 1.26% | COSTCO WHOLESALE CORP (COST) - 0.72% |
| #20 | APTIV PLC (APTV) - 1.23% | MASTERCARD INC CLASS A (MA) - 0.67% |
| #21 | ORACLE CORP (ORCL) - 1.17% | INTEL CORP (INTC) - 0.65% |
| #22 | SPIE SA (n/a) - 1.07% | NETFLIX INC (NFLX) - 0.64% |
| #23 | GE VERNOVA INC (GEV) - 1.05% | CATERPILLAR INC (CAT) - 0.62% |
| #24 | BELIMO HOLDING AG (n/a) - 0.99% | CHEVRON CORP (CVX) - 0.58% |
| #25 | ELIA GROUP SA/NV (n/a) - 0.97% | PROCTER & GAMBLE CO (PG) - 0.57% |
| Total Holdings | 129 | 505 |
GRID vs SPY - Historical Returns
Returns include dividend reinvestment.
1M
Winner
GRID
+12.88%
SPY
+9.11%
3M
Winner
GRID
+13.33%
SPY
+6.59%
6M
Winner
GRID
+27.91%
SPY
+10.56%
1Y
Winner
GRID
+61.82%
SPY
+32.04%
5Y(CAGR)
Winner
GRID
+18.48%
SPY
+13.35%
10Y(CAGR)
Winner
GRID
+19.99%
SPY
+15.49%
Max(CAGR)
Winner
GRID
+13.30%
SPY
+8.50%
GRID vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | GRID | SPY |
|---|---|---|
| 2026 | +26.65% | +8.27% |
| 2025 | +29.86% | +18.00% |
| 2024 | +16.50% | +25.59% |
| 2023 | +21.63% | +26.72% |
| 2022 | -14.08% | -18.64% |
| 2021 | +28.22% | +30.52% |
| 2020 | +46.19% | +17.28% |
| 2019 | +42.24% | +31.09% |
| 2018 | -22.93% | -5.24% |
| 2017 | +28.47% | +20.78% |
| 2016 | +25.59% | +13.59% |
| 2015 | -4.90% | +1.31% |
| 2014 | +0.55% | +14.56% |
| 2013 | +23.35% | +29.00% |
| 2012 | +15.17% | +14.17% |
| 2011 | -21.53% | +0.85% |
| 2010 | -2.49% | +13.14% |
| 2009 | +6.58% | +22.67% |
| 2008 | N/A | -36.25% |
| 2007 | N/A | +5.32% |
| 2006 | N/A | +13.85% |
| 2005 | N/A | +5.32% |
| 2004 | N/A | +10.75% |
| 2003 | N/A | +24.18% |
| 2002 | N/A | -22.42% |
| 2001 | N/A | -10.13% |
| 2000 | N/A | -8.84% |
| 1999 | N/A | +8.61% |
GRID vs SPY Drawdown Comparison
The maximum drawdown for GRID was -40.56%, occurring on Mar 18, 2020. Recovery took 116 trading sessions.
The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.
The current GRID drawdown is -0.26%.
| Rank | GRID | SPY |
|---|---|---|
| #1 | -40.56% Feb 20, 2020 - Aug 5, 2020 | -55.20% Oct 9, 2007 - Aug 16, 2012 |
| #2 | -35.42% Apr 4, 2011 - Sep 24, 2013 | -47.50% Mar 24, 2000 - Oct 26, 2006 |
| #3 | -29.65% Jan 26, 2018 - Nov 4, 2019 | -33.70% Feb 19, 2020 - Aug 10, 2020 |
| #4 | -29.64% Nov 19, 2021 - Jun 13, 2023 | -24.50% Jan 3, 2022 - Dec 13, 2023 |
| #5 | -26.65% Mar 6, 2014 - Aug 16, 2016 | -19.34% Sep 20, 2018 - Apr 12, 2019 |
| #6 | -20.76% Jul 18, 2023 - Feb 22, 2024 | -18.76% Feb 19, 2025 - Jun 26, 2025 |
| #7 | -20.62% Sep 26, 2024 - May 15, 2025 | -13.02% Jul 20, 2015 - Apr 18, 2016 |
| #8 | -18.68% Jan 8, 2010 - Jan 24, 2011 | -10.10% Jan 26, 2018 - Aug 6, 2018 |
| #9 | -11.72% Feb 25, 2026 - Apr 13, 2026 | -9.44% Sep 2, 2020 - Nov 11, 2020 |
| #10 | -10.62% Jul 16, 2024 - Sep 17, 2024 | -9.30% Jan 19, 2000 - Mar 17, 2000 |
| #11 | -8.34% Sep 2, 2020 - Oct 5, 2020 | -9.05% Jul 19, 2007 - Oct 5, 2007 |
| #12 | -7.91% Feb 18, 2011 - Mar 30, 2011 | -8.88% Jan 27, 2026 - Apr 14, 2026 |
| #13 | -7.80% Oct 29, 2025 - Jan 16, 2026 | -8.41% Jul 16, 2024 - Sep 19, 2024 |
| #14 | -7.40% Sep 2, 2021 - Oct 28, 2021 | -7.35% Sep 14, 2012 - Jan 2, 2013 |
| #15 | -6.94% Jan 7, 2021 - Mar 11, 2021 | -7.27% Sep 18, 2014 - Oct 31, 2014 |
Correlation
Correlation between GRID and SPY is 0.98 which considered as a very strong positive correlation - the stocks move almost identically together.
0.98
-101
Dividend Comparison (1999 - 2026)
GRID vs SPY dividend yield comparison.
| Year | GRID | SPY |
|---|---|---|
| 2026 | 0.05% | 0.24% |
| 2025 | 1.01% | 1.07% |
| 2024 | 1.06% | 1.21% |
| 2023 | 1.23% | 1.40% |
| 2022 | 1.26% | 1.65% |
| 2021 | 0.63% | 1.20% |
| 2020 | 0.68% | 1.52% |
| 2019 | 1.26% | 1.75% |
| 2018 | 1.28% | 2.04% |
| 2017 | 1.07% | 1.80% |
| 2016 | 1.07% | 2.03% |
| 2015 | 1.23% | 2.06% |
| 2014 | 1.46% | 1.87% |
| 2013 | 1.33% | 1.81% |
| 2012 | 0.89% | 2.18% |
| 2011 | 1.02% | 2.05% |
| 2010 | 0.68% | 1.80% |
| 2009 | 0.07% | 1.95% |
| 2008 | 0.00% | 3.02% |
| 2007 | 0.00% | 1.85% |
| 2006 | 0.00% | 1.73% |
| 2005 | 0.00% | 1.73% |
| 2004 | 0.00% | 1.82% |
| 2003 | 0.00% | 1.47% |
| 2002 | 0.00% | 1.70% |
| 2001 | 0.00% | 1.25% |
| 2000 | 0.00% | 1.15% |
| 1999 | 0.00% | 0.24% |
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