GRID vs. GDOC ETF Comparison
Comparison of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) to Goldman Sachs Future Health Care Equity ETF (GDOC)
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
$125.46
Average Daily Volume
118,376
44
GDOC
Goldman Sachs Future Health Care Equity ETF
GDOC Description
Goldman Sachs Future Health Care Equity ETF is an exchange traded fund launched and managed by Goldman Sachs Asset Management, L.P. The fund invests in the public equity markets across the globe. It invests in stocks of companies operating across health care including genomics, precision medicine, technology-enabled procedures, and digital healthcare sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. The fund employs fundamental analysis and quantitative with to create its portfolio. It seeks to benchmark the performance of its portfolio against the MSCI ACWI Health Care Index. The fund employs proprietary research to create its portfolio. Goldman Sachs Future Health Care Equity ETF was formed on November 9, 2021 and is domiciled in the United States.Grade (RS Rating)
Last Trade
$33.36
Average Daily Volume
651
31
Performance
Period | GRID | GDOC |
---|---|---|
30 Days | 1.39% | -4.68% |
60 Days | -0.51% | -7.84% |
90 Days | 3.22% | -9.44% |
12 Months | 32.01% | 11.21% |
1 Overlapping Holdings
Symbol | Grade | Weight in GRID | Weight in GDOC | Overlap | |
---|---|---|---|---|---|
ABBV | D | 7.75% | 5.21% | 5.21% |
GRID Overweight 43 Positions Relative to GDOC
Symbol | Grade | Weight | |
---|---|---|---|
ETN | A | 9.28% | |
JCI | C | 9.12% | |
PWR | A | 4.63% | |
HUBB | B | 4.04% | |
TSLA | B | 2.86% | |
NVDA | C | 2.42% | |
ORCL | B | 2.21% | |
APTV | D | 2.07% | |
NVT | B | 1.81% | |
CSCO | B | 1.62% | |
ENPH | F | 1.37% | |
IBM | C | 1.34% | |
TXN | C | 1.31% | |
QCOM | F | 1.27% | |
HON | B | 1.11% | |
ITRI | B | 0.77% | |
ADI | D | 0.74% | |
GEV | B | 0.61% | |
AEIS | B | 0.56% | |
EMR | A | 0.55% | |
ATKR | C | 0.52% | |
NXPI | D | 0.36% | |
MYRG | B | 0.33% | |
FLNC | C | 0.19% | |
AMSC | B | 0.18% | |
TRMB | B | 0.12% | |
SEDG | F | 0.11% | |
WLDN | D | 0.1% | |
GNRC | B | 0.08% | |
AES | F | 0.06% | |
MTZ | B | 0.06% | |
PLPC | B | 0.06% | |
WCC | B | 0.06% | |
VMI | B | 0.05% | |
LFUS | F | 0.04% | |
ENS | D | 0.03% | |
BDC | B | 0.03% | |
ACA | A | 0.03% | |
ESE | B | 0.02% | |
DGII | B | 0.01% | |
AZZ | B | 0.01% | |
STM | F | 0.01% | |
EBR | F | 0.0% |
GRID Underweight 30 Positions Relative to GDOC
Symbol | Grade | Weight | |
---|---|---|---|
LLY | F | -10.15% | |
BSX | B | -7.57% | |
ISRG | A | -5.94% | |
UNH | C | -5.35% | |
PODD | C | -4.9% | |
AMGN | D | -4.08% | |
ABT | B | -4.06% | |
MRK | F | -4.0% | |
DHR | F | -3.47% | |
BMRN | D | -2.64% | |
VEEV | C | -2.06% | |
ARGX | A | -2.05% | |
NBIX | C | -1.76% | |
ALNY | D | -1.55% | |
IDXX | F | -1.53% | |
WST | C | -1.27% | |
MTD | D | -1.24% | |
NTRA | B | -0.91% | |
MDGL | B | -0.7% | |
CGON | F | -0.65% | |
RARE | D | -0.63% | |
PCVX | D | -0.6% | |
ALGN | D | -0.59% | |
ROIV | C | -0.59% | |
GMAB | F | -0.55% | |
BPMC | C | -0.53% | |
XENE | D | -0.46% | |
TMDX | F | -0.45% | |
IRTC | D | -0.35% | |
ANAB | F | -0.2% |
GRID: Top Represented Industries & Keywords
GDOC: Top Represented Industries & Keywords