GRID

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
F

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*Unless otherwise stated, data provided by FactSet.

GRID Fund Description

GRID tracks a market-cap-weighted index of companies in the grid and electrical energy infrastructure sector.

GRID Factset Analytics Insight

GRID is a niche fund if ever there was one, targeting a select group of companies determined to be in the smart grid industry by Clean Edge. Just three of GRID's 40 holdings are in our benchmark, as the fund has a completely different mandate than our global infrastructure benchmark. To enhance exposure to the heart of the smart grid market, the index provider uses a tiered weighting scheme that gives more weight to pure-play firms. GRID charges the highest fee in the segment for this very specific exposure (70 bps), and after you factor in the fund's poor tracking and weak liquidity, you could end up paying two or three times that for a round-trip trade. If you can get past the high cost, it is an interesting strategy that's been hot at times.

GRID MSCI ESG Analytics Insight

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund has an MSCI ESG Fund Rating of A based on a score of 6.96 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund ranks in the 88th percentile within its peer group and in the 95th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

GRID MSCI FaCS and Factor Box

MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.

GRID Charts And Performance

Price Chart ($)
Total Return Chart (%)
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PERFORMANCE [as of 09/16/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
GRID 3.52% 8.44% 29.21% 2.76% 11.20% 7.38% --
GRID (NAV) 5.59% 9.03% 28.77% 2.74% 11.34% 7.50% --
FTSE Global Core Infrastructure Index 1.96% 2.21% 20.37% 15.56% 11.59% 7.75% 10.84%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

GRID Summary Data

First Trust
11/17/09
Open-Ended Fund
0.70%
$27.56M
$76.80K
0.13%

GRID Portfolio Data

$34.39B
30.52
2.59
0.75%
09/25/19
54

GRID Index Data

Tiered
Market Cap
FTSE Global Core Infrastructure Index

GRID Portfolio Management

0.70%
-0.68%
0.43%
-1.52%

GRID Tax Exposures

20.00% / 39.60%
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Qualified dividends
No

GRID Fund Structure

Open-Ended Fund
No
Yes
100% / 0%
N/A
N/A
High
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

GRID Factset Analytics Block Liquidity

As of 09/17/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of GRID. GRID is rated a 4 out of 5.

GRID Tradability

1,602
$76.80K
1,117
$52.31K
0.13%
$0.06
-0.11%
1.59% / -1.15%
None
69.00%
50,000
0.02
0.02%
0.35%
0
$50.04
4

GRID Sector/Industry Breakdown


GRID
Segment Benchmark
53.96%
--
14.83%
--
11.58%
--
10.07%
--
9.56%
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GRID Top 10 Holdings[View All]

9.20%
9.07%
Aptiv PLC 8.71%
8.27%
7.40%
64.87%

GRID Countries


GRID
Segment Benchmark
56.03%
--
11.19%
--
9.99%
--
9.19%
--
7.51%
--
2.47%
--
2.45%
--
0.66%
--
0.34%
--
0.09%
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GRID Regions


GRID
Segment Benchmark
56.38%
--
41.01%
--
2.61%
--

GRID Economic Development


GRID
Segment Benchmark
100.00%
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GRID Performance Statistics

0.25
0.95
1.14
0.82
1.10%
FTSE Global Core Infrastructure Index

GRID MSCI ESG Ratings

A
6.96 / 10
95.33
87.76
5.30%
22.49%
109.33

GRID Benchmark Comparison Holdings

54
--
--
0.00%

GRID Benchmark Comparison Summary


GRID
Segment Benchmark
54
--
$34.39B
--
30.52
--
2.59
--
2.09%
--
High
High

GRID Benchmark Comparison Market Cap Size


GRID
Segment Benchmark
45.53%
--
34.72%
--
17.52%
--
2.24%
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