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GRID vs SUB

Comparison between FIRST TRUST NASDAQ CLEAN EDGE SMART GRID INFRASTRUCTURE INDEX FUND (GRID, ETF) and ISHARES SHORT-TERM NATIONAL MUNI BOND ETF (SUB, ETF).

5-Year PerformanceGRID has outperformed SUB, delivering a return of +16.8% compared to +1.5%

GRID vs SUB - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
GRID
$11B
SUB
$11B
Expense Ratio
GRID
0.56%
Winner
SUB
0.07%
Max Drawdown
GRID
40.56%
Winner
SUB
11.72%
Sharpe Ratio
Winner
GRID
1.80
SUB
-0.65
5Y Beta
GRID
1.07
Winner
SUB
0.01
5Y Dividends CAGR
Winner
GRID
22.26%
SUB
19.04%

GRID vs SUB - Historical Returns

Returns include dividend reinvestment.

1M
GRID
-4.01%
Winner
SUB
+0.29%
3M
Winner
GRID
+12.99%
SUB
+0.18%
6M
Winner
GRID
+23.20%
SUB
+1.21%
1Y
Winner
GRID
+44.37%
SUB
+3.08%
5Y(CAGR)
Winner
GRID
+16.79%
SUB
+1.45%
10Y(CAGR)
Winner
GRID
+19.07%
SUB
+1.49%
Max(CAGR)
Winner
GRID
+12.95%
SUB
+1.59%

GRID vs SUB - Annual Returns (2008 - 2026)

Returns include dividend reinvestment.

YearGRIDSUB
2026+21.57%+0.80%
2025+29.86%+3.55%
2024+16.50%+2.26%
2023+21.63%+2.83%
2022-14.08%-2.02%
2021+28.22%+0.17%
2020+46.19%+2.58%
2019+42.24%+3.00%
2018-22.93%+1.88%
2017+28.47%+0.83%
2016+25.59%+0.01%
2015-4.90%+0.71%
2014+0.55%+0.54%
2013+23.35%+0.77%
2012+15.17%+0.41%
2011-21.53%+3.85%
2010-2.49%+0.55%
2009+6.58%+4.28%
2008N/A+1.68%

GRID vs SUB Drawdown Comparison

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

The maximum drawdown for SUB was -9.46%, occurring on Mar 19, 2020. Recovery took 51 trading sessions.

The current GRID drawdown is -5.25%. The current SUB drawdown is -0.07%.

RankGRIDSUB
#1-40.56%
Feb 20, 2020 - Aug 5, 2020
-9.46%
Mar 6, 2020 - May 19, 2020
#2-35.42%
Apr 4, 2011 - Sep 24, 2013
-6.40%
Jan 16, 2009 - Sep 12, 2011
#3-29.65%
Jan 26, 2018 - Nov 4, 2019
-4.92%
Jan 13, 2009 - Jan 16, 2009
#4-29.64%
Nov 19, 2021 - Jun 13, 2023
-4.35%
Jul 22, 2021 - Dec 13, 2023
#5-26.65%
Mar 6, 2014 - Aug 16, 2016
-2.43%
Mar 1, 2013 - Oct 24, 2013
#6-20.76%
Jul 18, 2023 - Feb 22, 2024
-1.71%
Aug 24, 2016 - May 23, 2017
#7-20.62%
Sep 26, 2024 - May 15, 2025
-1.46%
Jan 17, 2012 - Mar 1, 2013
#8-18.68%
Jan 8, 2010 - Jan 24, 2011
-1.25%
Sep 7, 2017 - Nov 29, 2018
#9-11.72%
Feb 25, 2026 - Apr 13, 2026
-1.23%
Apr 4, 2025 - May 29, 2025
#10-10.62%
Jul 16, 2024 - Sep 17, 2024
-0.92%
Oct 2, 2024 - Jan 27, 2025
#11-8.34%
Sep 2, 2020 - Oct 5, 2020
-0.87%
Jan 30, 2015 - Oct 2, 2015
#12-7.91%
Feb 18, 2011 - Mar 30, 2011
-0.80%
Feb 23, 2026 - Mar 24, 2026
#13-7.80%
Oct 29, 2025 - Jan 16, 2026
-0.77%
Aug 15, 2019 - Nov 27, 2019
#14-7.40%
May 11, 2026 - May 19, 2026
-0.75%
Sep 12, 2011 - Dec 2, 2011
#15-7.40%
Sep 2, 2021 - Oct 28, 2021
-0.68%
Dec 27, 2023 - May 8, 2024

Correlation

Correlation between GRID and SUB is 0.93 which considered as a very strong positive correlation - the stocks move almost identically together.

0.93
-101

Dividend Comparison (2008 - 2026)

GRID vs SUB dividend yield comparison.

YearGRIDSUB
20260.05%1.06%
20251.01%2.42%
20241.06%2.10%
20231.23%1.73%
20221.26%0.86%
20210.63%0.72%
20200.68%1.23%
20191.26%1.58%
20181.28%1.32%
20171.07%0.95%
20161.07%0.75%
20151.23%0.77%
20141.46%0.76%
20131.33%0.84%
20120.89%0.99%
20111.02%1.27%
20100.68%1.28%
20090.07%1.44%
20080.00%0.33%

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