GRID vs. PAVE ETF Comparison
Comparison of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) to Global X U.S. Infrastructure Development ETF (PAVE)
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
$114.94
Average Daily Volume
48,647
45
PAVE
Global X U.S. Infrastructure Development ETF
PAVE Description
The Global X U.S. Infrastructure Development ETF (PAVE) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the INDXX U.S. Infrastructure Development Index.Grade (RS Rating)
Last Trade
$38.29
Average Daily Volume
1,501,450
96
Performance
Period | GRID | PAVE |
---|---|---|
30 Days | 0.66% | -3.31% |
60 Days | 4.38% | 0.34% |
90 Days | 12.04% | 8.29% |
12 Months | 21.62% | 41.15% |
11 Overlapping Holdings
Symbol | Grade | Weight in GRID | Weight in PAVE | Overlap | |
---|---|---|---|---|---|
ACA | B | 0.02% | 0.3% | 0.02% | |
ATKR | B | 1.11% | 0.53% | 0.53% | |
EMR | D | 0.48% | 3.04% | 0.48% | |
ETN | A | 8.45% | 3.51% | 3.51% | |
HUBB | D | 3.57% | 1.64% | 1.64% | |
MTZ | B | 0.04% | 0.57% | 0.04% | |
MYRG | F | 0.44% | 0.32% | 0.32% | |
PWR | A | 4.15% | 3.05% | 3.05% | |
TRMB | D | 0.1% | 1.2% | 0.1% | |
VMI | B | 0.03% | 0.35% | 0.03% | |
WCC | C | 0.05% | 0.65% | 0.05% |
GRID Overweight 34 Positions Relative to PAVE
Symbol | Grade | Weight | |
---|---|---|---|
ABBV | D | 8.26% | |
JCI | C | 7.21% | |
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 | A | 1.37% | |
GE | A | 1.19% | |
TXN | A | 1.18% | |
IBM | D | 1.12% | |
HON | C | 1.01% | |
ADI | A | 0.72% | |
ITRI | A | 0.66% | |
SEDG | F | 0.55% | |
AEIS | D | 0.51% | |
NXPI | A | 0.42% | |
GEV | A | 0.28% | |
FLNC | B | 0.17% | |
AMSC | C | 0.08% | |
PLPC | D | 0.07% | |
WLDN | A | 0.07% | |
AES | B | 0.07% | |
GNRC | B | 0.06% | |
LFUS | C | 0.04% | |
ENS | D | 0.03% | |
ESE | B | 0.02% | |
STM | F | 0.02% | |
BDC | C | 0.02% | |
DGII | F | 0.01% | |
AZZ | C | 0.01% | |
EBR | D | 0.0% |
GRID Underweight 85 Positions Relative to PAVE
Symbol | Grade | Weight | |
---|---|---|---|
TT | A | -3.4% | |
MLM | D | -3.23% | |
PH | C | -3.17% | |
URI | D | -3.1% | |
VMC | C | -2.83% | |
SRE | B | -2.74% | |
DE | B | -2.73% | |
NUE | D | -2.69% | |
FAST | D | -2.68% | |
UNP | C | -2.64% | |
NSC | D | -2.61% | |
CSX | D | -2.6% | |
ROK | F | -2.42% | |
HWM | A | -2.26% | |
FTV | F | -2.18% | |
BLDR | C | -1.86% | |
STLD | D | -1.72% | |
WLK | B | -1.57% | |
CSL | A | -1.54% | |
J | B | -1.48% | |
EME | A | -1.37% | |
IEX | D | -1.37% | |
RS | D | -1.35% | |
RPM | D | -1.13% | |
GGG | D | -1.11% | |
PNR | C | -1.07% | |
BLD | D | -1.06% | |
LECO | D | -1.03% | |
ACM | A | -1.03% | |
WMS | C | -1.01% | |
RRX | D | -0.87% | |
TTEK | A | -0.84% | |
WWD | A | -0.82% | |
EXP | B | -0.72% | |
CLF | F | -0.69% | |
X | F | -0.67% | |
AYI | C | -0.62% | |
ATI | B | -0.61% | |
POWL | B | -0.6% | |
RBC | D | -0.59% | |
TPC | A | -0.54% | |
MLI | B | -0.53% | |
CMC | C | -0.52% | |
AA | A | -0.5% | |
BMI | A | -0.45% | |
ZWS | D | -0.44% | |
LPX | D | -0.43% | |
MDU | A | -0.43% | |
DXPE | B | -0.42% | |
SUM | D | -0.4% | |
CENX | B | -0.39% | |
EXPO | B | -0.39% | |
CRS | A | -0.39% | |
STRL | D | -0.38% | |
USLM | A | -0.38% | |
DNOW | D | -0.38% | |
PRIM | A | -0.38% | |
AGX | B | -0.37% | |
KNF | B | -0.36% | |
DY | A | -0.35% | |
GVA | A | -0.33% | |
ROAD | D | -0.33% | |
HRI | D | -0.33% | |
TEX | D | -0.31% | |
HAYN | C | -0.31% | |
CSWI | A | -0.31% | |
MWA | A | -0.31% | |
TRN | A | -0.31% | |
CMCO | C | -0.3% | |
NWPX | C | -0.3% | |
MTX | A | -0.3% | |
CACC | D | -0.29% | |
MRC | D | -0.29% | |
GBX | B | -0.29% | |
GRC | F | -0.28% | |
IIIN | D | -0.27% | |
ASTE | F | -0.26% | |
MTRN | F | -0.26% | |
HEES | F | -0.24% | |
WNC | F | -0.24% | |
ROCK | D | -0.23% | |
TITN | D | -0.22% | |
CTOS | F | -0.21% | |
RYI | F | -0.2% | |
CALX | F | -0.17% |
GRID: Top Represented Industries & Keywords
PAVE: Top Represented Industries & Keywords