GRID vs. COPJ ETF Comparison
Comparison of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) to Sprott Junior Copper Miners ETF (COPJ)
GRID
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
GRID Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ OMX(R) Clean Edge(R) Smart Grid Infrastructure Index(SM). The fund normally invests at least 90% of assets in common stocks that comprise the index or in depositary receipts representing securities in the index. The index is designed to act as a transparent and liquid benchmark for the grid and electric energy infrastructure sector. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$117.17
Average Daily Volume
52,263
45
COPJ
Sprott Junior Copper Miners ETF
COPJ Description
COPJ tracks an index of 25 to 45 exchange-listed companies that derive at least 50% of their revenues and/or assets from mining, exploration, development, and production of copper. The index also includes companies that have or expect to have a significant portion of their business operations related to copper. Aside from the usual market cap and liquidity requirements, individual securities are also screened using a review of industry publications, sell side research, and fundamental research, as well as meetings with management. COPJ aims to capture exposure to mid-, small-, and micro cap securities from US and foreign issuers, and even those in emerging and frontier market countries. Securities are free float market cap weighted, with a cap of 4.75% per issuer. Reconstitution and rebalancing of the portfolio is done on a semi-annual basis in June and December.Grade (RS Rating)
Last Trade
$22.68
Average Daily Volume
11,241
1
Performance
| Period | GRID | COPJ |
|---|---|---|
| 30 Days | 2.91% | 4.16% |
| 60 Days | 4.40% | 22.49% |
| 90 Days | 13.09% | 34.40% |
| 12 Months | 21.17% | 14.28% |
0 Overlapping Holdings
| Symbol | Grade | Weight in GRID | Weight in COPJ | Overlap |
|---|
GRID Overweight 45 Positions Relative to COPJ
| Symbol | Grade | Weight | |
|---|---|---|---|
| ETN | A | 8.45% | |
| ABBV | D | 8.26% | |
| JCI | B | 7.21% | |
| PWR | A | 4.15% | |
| HUBB | D | 3.57% | |
| APTV | D | 3.43% | |
| ENPH | F | 2.49% | |
| NVDA | C | 2.05% | |
| NVT | A | 2.03% | |
| TSLA | D | 1.74% | |
| ORCL | D | 1.44% | |
| CSCO | F | 1.41% | |
| QCOM | B | 1.37% | |
| GE | A | 1.19% | |
| TXN | A | 1.18% | |
| IBM | D | 1.12% | |
| ATKR | D | 1.11% | |
| HON | D | 1.01% | |
| ADI | A | 0.72% | |
| ITRI | A | 0.66% | |
| SEDG | F | 0.55% | |
| AEIS | D | 0.51% | |
| EMR | D | 0.48% | |
| MYRG | D | 0.44% | |
| NXPI | A | 0.42% | |
| GEV | B | 0.28% | |
| FLNC | B | 0.17% | |
| TRMB | D | 0.1% | |
| AMSC | C | 0.08% | |
| PLPC | D | 0.07% | |
| WLDN | A | 0.07% | |
| AES | B | 0.07% | |
| GNRC | B | 0.06% | |
| WCC | B | 0.05% | |
| MTZ | B | 0.04% | |
| LFUS | B | 0.04% | |
| ENS | B | 0.03% | |
| VMI | B | 0.03% | |
| ESE | B | 0.02% | |
| STM | F | 0.02% | |
| BDC | C | 0.02% | |
| ACA | A | 0.02% | |
| DGII | F | 0.01% | |
| AZZ | C | 0.01% | |
| EBR | D | 0.0% |
GRID Underweight 1 Positions Relative to COPJ
| Symbol | Grade | Weight | |
|---|---|---|---|
| BVN | B | -6.54% |
GRID: Top Represented Industries & Keywords
COPJ: Top Represented Industries & Keywords
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