GRID First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
What is GRID?
GRID tracks a market-cap-weighted index of global equities in the smart grid and electrical energy infrastructure sector.
GRID Factset Analytics Insight
GRID is concentrated fund targeting global equities determined to be in the smart grid and electrical energy infrastructure sector as determined by Clean Edge. The fund includes companies that are either Pure Play — more than 50% revenues or Diversified — less than 50% revenues are derived from the smart grid and electrical energy infrastructure sector. The sector may include business in electric grid, electric meters and devices, networks, energy storage and management, and enabling software. GRID also screens for minimum liquidity and market cap. To enhance exposure to the smart grid market, the index provider uses a tiered weighting scheme. Securities are initially market cap weighted. Then a collective weight of 80% for Pure Play and 20% for Diversified are allocated. The Index is reconstituted semi-annually and rebalanced quarter.
GRID Summary Data
GRID Portfolio Data
GRID Index Data
GRID Portfolio Management
GRID Tax Exposures
GRID Fund Structure
Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of GRID. GRID is rated a 5 out of 5.
GRID Sector/Industry Breakdown
GRID Top 10 Holdings
GRID Performance Statistics
GRID Economic Development
GRID Benchmark Comparison Summary
GRID Benchmark Comparison Market Cap Size