Launched on 11/16/2009, the First Trust NASDAQ Clean Edge Smart Grid Infrastructure ETF (GRID) is a passively managed exchange traded fund designed to provide a broad exposure to the Utilities - Infrastructure segment of the equity market.
Top ETFs like ITA, SOCL, GRID, XLC and XLI soared in 1H25 and are displaying signals for a strong 2H rally.
I reiterate my buy rating on GRID, citing strong performance, sector positioning, and European exposure, as key drivers for further gains in 2025. GRID's portfolio is diversified across large, mid, and small caps, with a focus on Industrials and Utilities, and benefits from international infrastructure trends. Technical momentum is robust, with shares rebounding to all-time highs; the 200-day moving average signals bullish control, despite near-term overbought conditions.
The First Trust NASDAQ Clean Edge Smart Grid Infrastructure ETF (GRID) was launched on 11/16/2009, and is a passively managed exchange traded fund designed to offer broad exposure to the Utilities - Infrastructure segment of the equity market.
Looking for broad exposure to the Utilities - Infrastructure segment of the equity market? You should consider the First Trust NASDAQ Clean Edge Smart Grid Infrastructure ETF (GRID), a passively managed exchange traded fund launched on 11/16/2009.
The GRID ETF offers diversified exposure to global electrification, AI data centers, and EV themes, but faces risks from Trump tariffs and a potential economic downturn. Despite market volatility, the fund's top holdings in electrical component manufacturers like ABB, Johnson Controls, and Schneider Electric show strong growth prospects. The ETF's valuation metrics are trading at a discount to the S&P500, but GRID's relatively high expense ratio is a valid concern.
Designed to provide broad exposure to the Utilities - Infrastructure segment of the equity market, the First Trust NASDAQ Clean Edge Smart Grid Infrastructure ETF (GRID) is a passively managed exchange traded fund launched on 11/16/2009.
I upgraded GRID from hold to buy due to its improved valuation relative to the S&P 500 and strong technical momentum. Despite high ex-US exposure and a strong US dollar weighing on performance, GRID's assets under management have grown significantly. GRID's portfolio is heavily weighted toward Industrials and Utilities, with a mix of domestic and foreign stocks and a respectable long-term EPS growth rate.
Designed to provide broad exposure to the Utilities - Infrastructure segment of the equity market, the First Trust NASDAQ Clean Edge Smart Grid Infrastructure ETF (GRID) is a passively managed exchange traded fund launched on 11/16/2009.
The GRID ETF has outperformed the S&P500 by ~60% over the past 5-years, driven by electrical equipment, clean-tech, and smart grid infrastructure investments. Top holdings like Eaton Corp and Johnson Controls are well-positioned to benefit from growing electricity demand, AI-centric data centers, and clean energy projects. Despite a relatively high expense fee, GRID's long-term performance and significant discount to the S&P500 justify a BUY rating.
Launched on 11/16/2009, the First Trust NASDAQ Clean Edge Smart Grid Infrastructure ETF (GRID) is a passively managed exchange traded fund designed to provide a broad exposure to the Utilities - Infrastructure segment of the equity market.
Looking for broad exposure to the Utilities - Infrastructure segment of the equity market? You should consider the First Trust NASDAQ Clean Edge Smart Grid Infrastructure ETF (GRID), a passively managed exchange traded fund launched on 11/16/2009.