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Name

As of 11/01/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

GRID | ETF

$122.03

$1.02 B

0.83%

$1.00

0.57%

Vitals

YTD Return

17.5%

1 yr return

37.4%

3 Yr Avg Return

6.5%

5 Yr Avg Return

19.6%

Net Assets

$1.02 B

Holdings in Top 10

55.7%

52 WEEK LOW AND HIGH

$121.7
$88.98
$128.54

Expenses

OPERATING FEES

Expense Ratio 0.57%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Exchange Traded Fund

Name

As of 11/01/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

GRID | ETF

$122.03

$1.02 B

0.83%

$1.00

0.57%

GRID - Profile

Distributions

  • YTD Total Return 17.5%
  • 3 Yr Annualized Total Return 6.5%
  • 5 Yr Annualized Total Return 19.6%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.11%
DIVIDENDS
  • Dividend Yield 0.8%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
  • Fund Family Name
    First Trust Advisors L.P.
  • Inception Date
    Nov 16, 2009
  • Shares Outstanding
    7100002
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Jon Erickson

Fund Description

The Fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. Clean Edge, Inc. (“Clean Edge”) and Nasdaq, Inc. serve as index providers to the Index (the “Index Providers”). The Index Provider may, from time to time, exercise reasonable discretion as it deems appropriate in order to maintain Index integrity.The Index is designed to act as a transparent and liquid benchmark for the grid and electric energy infrastructure sector. According to the Index Provider, the Index includes companies that are primarily engaged and involved in electric grid, electric meters and devices, networks, energy storage and management, and enabling software used by the smart grid and electric infrastructure sector. In order to be eligible for inclusion in the Index, a security must be issued by a company that is classified as a smart grid, electric infrastructure,EV network, smart building software and/or other grid-related activities company by Clean Edge. Clean Edge identifies each eligible company as either "pure play" or "diversified." A "pure play" company derives a significant portion of its revenue from smart gridand grid infrastructure activities. A "diversified" company has activities thatcontribute to broadergrid modernizationand the smart gridmarket. In addition, to be included in the Index a security must be listed on a global stock exchange approved by the Index Providerand meet the size,floatand liquidity requirements of the Index. A security must have also traded for at least three months on an index-eligible exchange prior to the Index reconstitution reference date. The Fund may also invest in companies with various market capitalizations, depositary receipts,U.S. dollar denominated and non-U.S. dollar denominated securities.According to the Index Provider, securities comprising the Index classified as “pure play” are given a collective weight of 80% and securities classified as "diversified" are given a collective weight of 20%. Securities are initially weighted by modified free float market capitalization. The Pure Play companies are weighted so that thefive largestPure Play companies may not exceed8% each of the entire Index and the remainingPurePlay Companies may not exceed 4%each of the entire Index. No Diversified company may exceed 2% of the entire Index.The Index is reconstituted semi-annually and rebalanced quarterly and the Fund will make corresponding changes to its portfolio shortly after the Index changes are made public. The Index’s quarterly rebalance schedule may cause the Fund to experience a higher rate of portfolio turnover. The Fund will be concentrated in an industry or a group of industries to the extent that the Index is so concentrated. As of December 31, 2023, the Fund had significant investments in information technology companies, industrials companies and European issuers, although this may change from time to time.The Fund's investments will change as the Index changes and, as a result, the Fund may have significant investments in jurisdictions or investment sectors that it may not have had as of December 31, 2023. To the extent the Fund invests a significant portion of its assets in a given jurisdiction or investment sector, the Fund may be exposed to the risks associated with that jurisdiction or investment sector.
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GRID - Performance

Return Ranking - Trailing

Period GRID Return Category Return Low Category Return High Rank in Category (%)
YTD 17.5% -31.3% 100.1% 20.59%
1 Yr 37.4% -16.7% 115.9% 20.59%
3 Yr 6.5%* -38.4% 20.8% 23.53%
5 Yr 19.6%* -24.3% 23.1% 12.50%
10 Yr 14.4%* -2.0% 15.0% 17.65%

* Annualized

Return Ranking - Calendar

Period GRID Return Category Return Low Category Return High Rank in Category (%)
2023 20.0% -34.8% 38.7% 26.47%
2022 -15.0% -72.7% 8.2% 38.24%
2021 26.8% -31.7% 27.4% 6.06%
2020 47.5% -29.0% 233.6% 50.00%
2019 40.8% -2.0% 66.0% 25.93%

Total Return Ranking - Trailing

Period GRID Return Category Return Low Category Return High Rank in Category (%)
YTD 17.5% -31.3% 100.1% 20.59%
1 Yr 37.4% -16.7% 115.9% 20.59%
3 Yr 6.5%* -38.4% 20.8% 23.53%
5 Yr 19.6%* -24.3% 23.1% 12.50%
10 Yr 14.4%* -2.0% 15.0% 17.65%

* Annualized

Total Return Ranking - Calendar

Period GRID Return Category Return Low Category Return High Rank in Category (%)
2023 21.6% -33.0% 39.0% 29.41%
2022 -13.9% -72.7% 8.2% 38.24%
2021 27.6% -31.7% 28.3% 9.09%
2020 48.8% -28.9% 233.9% 50.00%
2019 42.8% 0.4% 66.5% 18.52%

GRID - Holdings

Concentration Analysis

GRID Category Low Category High GRID % Rank
Net Assets 1.02 B 3.65 M 31.2 B 26.47%
Number of Holdings 104 20 389 29.41%
Net Assets in Top 10 807 M 2.31 M 5.86 B 17.65%
Weighting of Top 10 55.74% 11.2% 90.4% 52.94%

Top 10 Holdings

  1. ABB Ltd 8.37%
  2. National Grid PLC 8.19%
  3. Schneider Electric SE 8.02%
  4. Eaton Corp PLC 7.77%
  5. Johnson Controls International plc 7.51%
  6. Quanta Services Inc 3.80%
  7. Hubbell Inc 3.37%
  8. Aptiv PLC 3.29%
  9. Prysmian SpA 3.10%
  10. Samsung SDI Co Ltd 2.33%

Asset Allocation

Weighting Return Low Return High GRID % Rank
Stocks 		99.10% 0.00% 101.10% 44.12%
Cash 		1.52% 0.00% 99.38% 76.47%
Preferred Stocks 		0.45% 0.00% 45.05% 29.41%
Other 		0.00% -7.62% 91.95% 55.88%
Convertible Bonds 		0.00% 0.00% 3.05% 42.42%
Bonds 		0.00% 0.00% 97.85% 38.24%

Stock Sector Breakdown

Weighting Return Low Return High GRID % Rank
Industrials 		53.18% 0.00% 90.47% 8.00%
Technology 		23.26% 0.00% 72.56% 40.00%
Utilities 		14.35% 0.00% 85.14% 32.00%
Consumer Cyclical 		9.20% 0.00% 34.19% 40.00%
Basic Materials 		0.02% 0.00% 17.92% 72.00%
Real Estate 		0.00% 0.00% 16.54% 60.00%
Healthcare 		0.00% 0.00% 65.82% 56.00%
Financial Services 		0.00% 0.00% 95.51% 56.00%
Energy 		0.00% 0.00% 32.10% 48.00%
Communication Services 		0.00% 0.00% 16.38% 40.00%
Consumer Defense 		0.00% 0.00% 50.44% 48.00%

Stock Geographic Breakdown

Weighting Return Low Return High GRID % Rank
Non US 		49.60% 0.00% 82.82% 17.65%
US 		49.50% 0.00% 101.10% 44.12%

GRID - Expenses

Operational Fees

GRID Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.57% 0.41% 5.61% 88.24%
Management Fee 0.40% 0.25% 1.90% 11.76%
12b-1 Fee 0.00% 0.00% 1.00% 16.67%
Administrative Fee N/A 0.03% 0.19% N/A

Sales Fees

GRID Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 4.25% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

GRID Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

GRID Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 124.00% 57.89%

GRID - Distributions

Dividend Yield Analysis

GRID Category Low Category High GRID % Rank
Dividend Yield 0.83% 0.00% 12.45% 44.12%

Dividend Distribution Analysis

GRID Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Quarterly Annual

Net Income Ratio Analysis

GRID Category Low Category High GRID % Rank
Net Income Ratio 1.11% -2.66% 5.19% 26.47%

Capital Gain Distribution Analysis

GRID Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

GRID - Fund Manager Analysis

Managers

Jon Erickson

Start Date

Tenure

Tenure Rank

Nov 16, 2009

12.55

12.6%

Jon C. Erickson, CFA, was born in 1966. Mr. Erickson earned a B.S. in Computer Science from the University of Illinois and has an MBA from the University of Illinois in Finance. He has been with First Trust Advisors L.P. since 1994 and he is a Portfolio Manager and Senior Vice President. As the head of FTA’s Equity Research Group, Mr. Erickson shall be responsible for determining the securities to be purchased and sold by Funds that do not utilize quantitative investment strategies on behalf of the Investment Committee.

David McGarel

Start Date

Tenure

Tenure Rank

Nov 16, 2009

12.55

12.6%

David G. McGarel, CFA, was born in 1966. Mr. McGarel earned a B.S. in Accounting from the University of Notre Dame. He has been with First Trust Advisors L.P. since 1997 and he is a Managing Director, Chief Operating Officer and the Chief Investment Officer. As head of FTA’s Strategy Research Group, Mr. McGarel shall be responsible for developing and implementing quantitative investment strategies for those Funds that have investment policies that require them to follow such strategies, on behalf of the Investment Committee.

Stan Ueland

Start Date

Tenure

Tenure Rank

Nov 16, 2009

12.55

12.6%

Mr. Ueland joined First Trust Advisors as a Vice President in August 2005 and has been a Senior Vice President of First Trust and FTP since September 2012. At First Trust, he plays an important role in executing the investment strategies of each portfolio of exchange-traded funds advised by First Trust. Before joining First Trust, he was vice president of sales at BondWave LLC from May 2004 through August 2005, an account executive for Mina Capital Management LLC and Samaritan Asset Management LLC from January 2003 through May 2004, and a sales consultant at Oracle Corporation from January 1997 through January 2003.

Roger Testin

Start Date

Tenure

Tenure Rank

Nov 16, 2009

12.55

12.6%

Roger F. Testin, CFA, was born in 1966. Mr. Testin earned a B.S. in Accounting from the University of Illinois and has an MBA in Finance from the University of Chicago. He has been with First Trust Advisors L.P. since 2001 and he is a Portfolio Manager and Senior Vice President. As Product Manager for the VA’s, SMA’s and International Managed Products, Mr. Testin shall be responsible for the daily implementation and execution of the strategies for these product vehicles on behalf of the Investment Committee.

Daniel Lindquist

Start Date

Tenure

Tenure Rank

Nov 16, 2009

12.55

12.6%

Daniel J. Lindquist, CFA, was born in 1970. Mr. Lindquist earned a B.A. in Business Economics from Wheaton College and has an MBA in Finance from the University of Chicago. He has been with First Trust Advisors L.P. since 2004 and is a Managing Director. Mr. Lindquist is the Chairman of the Investment Committee and is responsible for the overall supervision of the Separate Managed Accounts.

Chris Peterson

Start Date

Tenure

Tenure Rank

Mar 18, 2016

6.21

6.2%

Chris A. Peterson, CFA was born in 1975. Mr. Peterson earned a B.S in Finance from Bradley University and has an MBA from the University of Chicago Booth School of Business with concentrations in Analytic Finance & Accounting. He has been with First Trust Advisors L.P. since 2000. As head of FTA’s Portfolio Advisor’s Strategy Research Group, Mr. Peterson shall be responsible for developing and implementing quantitative equity strategies on behalf of the Investment Committee.

Erik Russo

Start Date

Tenure

Tenure Rank

Feb 01, 2021

1.33

1.3%

Mr. Russo is a Vice President of First Trust. He is responsible for implementing the investment strategies of each portfolio of exchange-traded funds advised by First Trust in his role as a Portfolio Manager. Mr. Russo joined First Trust in January of 2010.

Tenure Analysis

Category Low Category High Category Average Category Mode
1.25 23.1 9.26 1.25

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