GRID: FIRST TRUST NASDAQ CLEAN EDGE SMART GRID INFRASTRUCTURE INDEX FUND
What this ETF is trying to do
The FIRST TRUST NASDAQ CLEAN EDGE SMART GRID INFRASTRUCTURE INDEX FUND (ticker: GRID) is an ETF designed to invest in companies involved in smart grid infrastructure. This includes businesses that work on the technology and systems used to manage electrical grids.
What the numbers show
The data shows that GRID has experienced significant growth in its share price over several timeframes.
• Year-to-Date (YTD): The price return is approximately 20.45%. When including distributions, the YTD total return is approximately 21.24%.
• One-Year: The one-year price return is approximately 20.10%, while the one-year total return is approximately 21.15%.
• Three-Year: The three-year price return is approximately 98.93%. The three-year total return is approximately 105.32%.
To put this in perspective, the estimated price from roughly one year ago was $153.47. The current price is $184.31.
Income and distribution explanation
This ETF provides cash distributions to investors. The distribution yield is approximately 0.84%. This means the annual cash paid out is about 0.84% of the current share price. The fund usually pays these distributions on a quarterly basis, with 4 payouts recorded over the last 12 months.
It is important to remember that "price return" only tracks how much the share price moves. "Total return" is a more complete measure because it includes both the price changes and the cash distributions received.
NAV erosion explanation
"NAV erosion" refers to a decline in the Net Asset Value (the actual value of the assets held by the fund). The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion.
However, looking at price-based evidence, the fund has an erosion score of 100, which is labeled as "No price erosion detected." The erosion severity is rated as "good," and there is no severe erosion-risk flag present.
Top Holdings
The following are the top holdings in this fund (note that this is a partial list):
• SCHNEIDER ELECTRIC SE: 9.35%
• EATON CORP PLC: 8.64%
• JCI: 8.12%
• ABB LTD: 7.86%
• QUANTA SERVICES INC: 7.34%
• NATIONAL GRID PLC: 4.24%
• E.ON SE: 4.19%
• PRYSMIAN SPA: 3.48%
• NVENT ELECTRIC PLC: 2.74%
• HUBBELL INC: 2.43%
Holdings can change over time. This data was updated on October 7, 2026.
Pros
• Strong historical price and total returns over one, three, and five-year periods.
• No detected price erosion based on the current erosion score.
Cons
• The distribution yield is relatively low at approximately 0.84%.
Beginner takeaway
GRID focuses on the smart grid infrastructure sector. While it offers a smaller distribution yield, it has shown strong price growth and total returns over the last several years without showing signs of price erosion.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | SCHNEIDER ELECTRIC SE | n/a | 9.35% |
| 2 | EATON CORP PLC | ETN | 8.64% |
| 3 | n/a | JCI | 8.12% |
| 4 | ABB LTD | n/a | 7.86% |
| 5 | QUANTA SERVICES INC | PWR | 7.34% |
| 6 | NATIONAL GRID PLC | n/a | 4.24% |
| 7 | E.ON SE | n/a | 4.19% |
| 8 | PRYSMIAN SPA | n/a | 3.48% |
| 9 | NVENT ELECTRIC PLC | NVT | 2.74% |
| 10 | HUBBELL INC | HUBB | 2.43% |