GRID vs. IXN ETF Comparison
Comparison of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) to iShares Global Tech ETF (IXN)
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
Number of Holdings
*
44
* may have additional holdings in another (foreign) market
IXN
iShares Global Tech ETF
IXN Description
The investment seeks to track the investment results of an index composed of global equities in the technology sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the S&P Global 1200 Information Technology IndexTM, which measures the performance of companies that S&P Dow Jones Indices LLC ("S&P"), a subsidiary of McGraw Hill Financial, Inc., deems to be part of the information technology sector of the economy and that S&P believes are important to global markets. The fund is non-diversified.Grade (RS Rating)
Last Trade
$83.38
Average Daily Volume
169,757
Number of Holdings
*
70
* may have additional holdings in another (foreign) market
Performance
| Period | GRID | IXN |
|---|---|---|
| 30 Days | 1.39% | 0.82% |
| 60 Days | -0.51% | 2.26% |
| 90 Days | 3.22% | 0.88% |
| 12 Months | 32.01% | 28.15% |
10 Overlapping Holdings
GRID Overweight 34 Positions Relative to IXN
| Symbol | Grade | Weight | |
|---|---|---|---|
| ETN | A | 9.28% | |
| JCI | C | 9.12% | |
| ABBV | D | 7.75% | |
| PWR | A | 4.63% | |
| HUBB | B | 4.04% | |
| TSLA | B | 2.86% | |
| APTV | D | 2.07% | |
| NVT | B | 1.81% | |
| HON | B | 1.11% | |
| ITRI | B | 0.77% | |
| GEV | B | 0.61% | |
| AEIS | B | 0.56% | |
| EMR | A | 0.55% | |
| ATKR | C | 0.52% | |
| MYRG | B | 0.33% | |
| FLNC | C | 0.19% | |
| AMSC | B | 0.18% | |
| 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 60 Positions Relative to IXN
| Symbol | Grade | Weight | |
|---|---|---|---|
| AAPL | C | -18.69% | |
| MSFT | F | -16.84% | |
| AVGO | D | -4.5% | |
| CRM | B | -2.06% | |
| ADBE | C | -1.46% | |
| ACN | C | -1.45% | |
| AMD | F | -1.43% | |
| NOW | A | -1.36% | |
| INTU | C | -1.26% | |
| AMAT | F | -0.91% | |
| PLTR | B | -0.87% | |
| PANW | C | -0.82% | |
| MU | D | -0.7% | |
| INTC | D | -0.7% | |
| ANET | C | -0.63% | |
| LRCX | F | -0.6% | |
| APH | A | -0.56% | |
| KLAC | D | -0.54% | |
| MSI | B | -0.53% | |
| CDNS | B | -0.52% | |
| SNPS | B | -0.52% | |
| CRWD | B | -0.51% | |
| ADSK | A | -0.42% | |
| FTNT | C | -0.39% | |
| ROP | B | -0.38% | |
| FICO | B | -0.36% | |
| TEL | B | -0.29% | |
| IT | C | -0.26% | |
| DELL | C | -0.25% | |
| CTSH | B | -0.25% | |
| GLW | B | -0.23% | |
| HPQ | B | -0.23% | |
| MCHP | D | -0.22% | |
| ON | D | -0.2% | |
| ANSS | B | -0.19% | |
| HPE | B | -0.18% | |
| MPWR | F | -0.18% | |
| TYL | B | -0.17% | |
| GDDY | A | -0.17% | |
| KEYS | A | -0.17% | |
| NTAP | C | -0.16% | |
| PTC | A | -0.15% | |
| CDW | F | -0.15% | |
| WDC | D | -0.14% | |
| TDY | B | -0.14% | |
| ZBRA | B | -0.13% | |
| STX | D | -0.13% | |
| FSLR | F | -0.13% | |
| GEN | B | -0.11% | |
| UMC | F | -0.11% | |
| TER | D | -0.11% | |
| JBL | B | -0.1% | |
| EPAM | C | -0.1% | |
| VRSN | F | -0.1% | |
| AKAM | D | -0.09% | |
| SWKS | F | -0.09% | |
| FFIV | B | -0.09% | |
| JNPR | F | -0.08% | |
| QRVO | F | -0.05% | |
| SMCI | F | -0.04% |
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
Dow Jones Component
Electrical Products
Electromagnetism
Fiber Optics
Power Management
Renewable Energy
Telecommunications Equipment
Analog Devices
Batteries
IXN: Top Represented Industries & Keywords
Industries:
Semiconductors
Software - Application
Information Technology Services
Software - Infrastructure
Semiconductor Equipment & Materials
Communication Equipment
Computer Systems
Data Storage
Electronic Components
Scientific & Technical Instruments
Diversified Industrials
Internet Content & Information
Computer Hardware
Consumer Electronics
Contract Manufacturers
Semiconductor Memory
Solar
Keywords:
S&P 500
Nasdaq 100
Computing
Semiconductor
Electronics
Integrated Circuits
Cloud Computing
Work From Home
Aerospace
Operating System
Dow Jones Component
Fabless Semiconductor Companies
Mobile Devices
Smartphones
Software
Electronic Design
Ethernet
Firewall
Information Management
Power Management
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