GRID vs. GSID ETF Comparison
Comparison of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) to Goldman Sachs MarketBeta International Equity ETF (GSID)
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
$127.72
Average Daily Volume
108,075
Number of Holdings
*
44
* may have additional holdings in another (foreign) market
GSID
Goldman Sachs MarketBeta International Equity ETF
GSID Description
The investment seeks to provide investment results that closely correspond, to the performance of the Solactive GBS Developed Markets ex North America Large & Mid Cap Index. The fund invests at least 80% of its assets in securities included in its underlying index, in depositary receipts representing securities included in its underlying index and in underlying stocks in respect of depositary receipts included in its underlying index. The index consists of equity securities of large and mid-capitalization issuers covering approximately the largest 85% of the free-float market capitalization in developed markets excluding North America.Grade (RS Rating)
Last Trade
$59.61
Average Daily Volume
15,547
Number of Holdings
*
37
* may have additional holdings in another (foreign) market
Performance
| Period | GRID | GSID |
|---|---|---|
| 30 Days | 6.38% | 2.06% |
| 60 Days | 9.35% | 6.33% |
| 90 Days | 10.72% | 7.16% |
| 12 Months | 36.82% | 22.88% |
GRID Overweight 42 Positions Relative to GSID
| Symbol | Grade | Weight | |
|---|---|---|---|
| ETN | C | 8.39% | |
| JCI | B | 7.85% | |
| PWR | B | 4.12% | |
| HUBB | B | 3.87% | |
| APTV | D | 2.98% | |
| ENPH | D | 2.45% | |
| TSLA | C | 2.17% | |
| ORCL | B | 1.96% | |
| NVDA | C | 1.89% | |
| NVT | C | 1.7% | |
| CSCO | B | 1.44% | |
| IBM | B | 1.38% | |
| QCOM | D | 1.29% | |
| TXN | B | 1.27% | |
| HON | C | 0.97% | |
| ADI | C | 0.78% | |
| ITRI | C | 0.69% | |
| AEIS | D | 0.5% | |
| ATKR | F | 0.49% | |
| GEV | B | 0.45% | |
| EMR | D | 0.44% | |
| MYRG | F | 0.22% | |
| FLNC | C | 0.19% | |
| SEDG | F | 0.18% | |
| AMSC | C | 0.13% | |
| TRMB | C | 0.1% | |
| WLDN | B | 0.09% | |
| AES | C | 0.08% | |
| GNRC | D | 0.06% | |
| WCC | C | 0.05% | |
| PLPC | C | 0.05% | |
| MTZ | C | 0.05% | |
| VMI | C | 0.04% | |
| LFUS | C | 0.04% | |
| ENS | C | 0.03% | |
| BDC | B | 0.03% | |
| ACA | B | 0.03% | |
| STM | F | 0.02% | |
| ESE | B | 0.02% | |
| DGII | D | 0.01% | |
| AZZ | C | 0.01% | |
| EBR | D | 0.0% |
GRID Underweight 35 Positions Relative to GSID
| Symbol | Grade | Weight | |
|---|---|---|---|
| NVS | C | -1.22% | |
| TM | D | -1.17% | |
| UL | B | -0.89% | |
| MUFG | D | -0.66% | |
| SONY | C | -0.66% | |
| SMFG | D | -0.46% | |
| DEO | C | -0.43% | |
| HMC | D | -0.3% | |
| LYG | B | -0.28% | |
| MFG | D | -0.28% | |
| BCS | B | -0.25% | |
| SE | B | -0.2% | |
| E | D | -0.19% | |
| STLA | F | -0.18% | |
| ARGX | B | -0.17% | |
| ICLR | F | -0.13% | |
| CHKP | B | -0.1% | |
| AER | C | -0.1% | |
| CCEP | C | -0.09% | |
| NMR | F | -0.09% | |
| CYBR | B | -0.07% | |
| XRX | D | -0.07% | |
| BNTX | C | -0.06% | |
| GRAB | B | -0.05% | |
| MNDY | C | -0.05% | |
| WIX | C | -0.05% | |
| AGCO | D | -0.04% | |
| FUTU | A | -0.03% | |
| FRO | D | -0.02% | |
| TIGO | B | -0.02% | |
| GLBE | C | -0.02% | |
| MBAVU | D | -0.02% | |
| CLBT | C | -0.01% | |
| HAFN | D | -0.01% | |
| ZIM | B | -0.01% |
GRID: Top Represented Industries & Keywords
Industries:
Electronic Components
Semiconductors
Diversified Industrials
Engineering & Construction
Scientific & Technical Instruments
Communication Equipment
Utilities - Renewable
Auto Manufacturers
Auto Parts
Drug Manufacturers - Major
Electronics Distribution
Industrial Distribution
Information Technology Services
Infrastructure Operations
Metal Fabrication
Semiconductor Equipment & Materials
Software - Infrastructure
Solar
Specialty Industrial Machinery
Utilities - Diversified
Keywords:
S&P 500
Nasdaq 100
Computing
Electrical Engineering
Integrated Circuits
Telecommunications
Electricity
Fabless Semiconductor Companies
Mining
Natural Gas
Semiconductor
Electrical Products
Electromagnetism
Fiber Optics
Power Management
Renewable Energy
Telecommunications Equipment
Analog Devices
Batteries
Broadband
GSID: Top Represented Industries & Keywords
Industries:
Auto Manufacturers
Banks - Global
Software - Application
Biotechnology
Capital Markets
Drug Manufacturers - Major
Marine Shipping
Software - Infrastructure
Airports & Air Services
Banks - Regional - Asia
Banks - Regional - Europe
Beverages - Soft Drinks
Beverages - Wineries & Distilleries
Consumer Electronics
Diagnostics & Research
Electronic Gaming & Multimedia
Farm & Construction Equipment
Household & Personal Products
Information Technology Services
Internet Content & Information
Keywords:
Asset Management
Bank
Banking
Financial Products
Investment Banking
Investment Banking Services
Transport
Advisory Services
Biotechnology
Cars
Cash Management Services
Computing
Corporate Banking
Insurance Products
Investment Bank
Investment Product
Mobile Devices
Nasdaq 100
Structured Finance
Wealth Management Services
Compare ETFs
