Key stats
About FIRST TRUST EXCH TRADED FUND 2 NASDAQ CLEAN EDGE SMART GRID INFRS IDX F
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Inception date
Nov 16, 2009
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
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.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Producer Manufacturing
Utilities
Electronic Technology
Stocks98.25%
Producer Manufacturing53.55%
Utilities19.71%
Electronic Technology12.72%
Industrial Services6.62%
Technology Services3.14%
Consumer Durables2.31%
Commercial Services0.13%
Distribution Services0.05%
Non-Energy Minerals0.01%
Process Industries0.01%
Bonds, Cash & Other1.75%
UNIT1.27%
Cash0.26%
Miscellaneous0.22%
Rights & Warrants−0.00%
Stock breakdown by region
Europe60.74%
North America28.14%
Asia7.68%
Latin America3.26%
Middle East0.18%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
GRID invests in stocks. The fund's major sectors are Producer Manufacturing, with 53.55% stocks, and Utilities, with 19.71% of the basket. The assets are mostly located in the Europe region.
GRID top holdings are Johnson Controls International plc and National Grid plc, occupying 8.55% and 8.30% of the portfolio correspondingly.
GRID last dividends amounted to 2.83 MXN. The quarter before, the issuer paid 5.50 MXN in dividends, which shows a 94.19% decrease.
GRID assets under management is 45.28 B MXN. It's risen 12.11% over the last month.
GRID fund flows account for 15.00 B MXN (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, GRID pays dividends to its holders with the dividend yield of 1.00%. The last dividend (Mar 31, 2025) amounted to 2.83 MXN. The dividends are paid quarterly.
GRID shares are issued by AJM Ventures LLC under the brand First Trust. The ETF was launched on Nov 16, 2009, and its management style is Passive.
GRID expense ratio is 0.56% meaning you'd have to pay 0.56% of your investment to help manage the fund.
GRID follows the NASDAQ OMX Clean Edge Smart Grid Infrastr (TR). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
GRID invests in stocks.
GRID price has risen by 12.48% over the last month, and its yearly performance shows a 21.13% increase. See more dynamics on GRID price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 8.99% over the last month, showed a 4.27% increase in three-month performance and has increased by 24.94% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 8.99% over the last month, showed a 4.27% increase in three-month performance and has increased by 24.94% in a year.
GRID trades at a premium (0.84%) meaning the ETF is trading at a higher price than the calculated NAV.