GRID vs. ZIG ETF Comparison
Comparison of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) to The Acquirers Fund (ZIG)
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
$114.61
Average Daily Volume
50,632
44
ZIG
The Acquirers Fund
ZIG Description
The investment seeks capital appreciation. The fund is actively managed and seeks to achieve its investment objective by investing primarily in equity securities (or depositary receipts) of companies in developed markets outside the United States based on the results of a proprietary, quantitative model (the "EquBot Model") developed by the adviser that runs on the Watson™ platform. Its investment adviser is a technology based company focused on applying artificial intelligence ("AI") based solutions to investment analyses. The fund is non-diversified.Grade (RS Rating)
Last Trade
$37.92
Average Daily Volume
4,106
29
Performance
Period | GRID | ZIG |
---|---|---|
30 Days | 6.20% | 7.19% |
60 Days | 13.46% | 8.32% |
90 Days | 9.55% | 8.85% |
12 Months | 21.57% | 39.70% |
1 Overlapping Holdings
Symbol | Grade | Weight in GRID | Weight in ZIG | Overlap | |
---|---|---|---|---|---|
ATKR | B | 1.14% | 3.28% | 1.14% |
GRID Overweight 43 Positions Relative to ZIG
Symbol | Grade | Weight | |
---|---|---|---|
ETN | A | 8.18% | |
ABBV | C | 7.89% | |
JCI | C | 7.45% | |
PWR | A | 3.94% | |
APTV | F | 3.79% | |
HUBB | A | 3.79% | |
ENPH | F | 2.63% | |
NVDA | B | 2.18% | |
NVT | B | 2.02% | |
TSLA | F | 1.66% | |
ORCL | B | 1.59% | |
CSCO | D | 1.45% | |
QCOM | B | 1.37% | |
IBM | C | 1.29% | |
GE | B | 1.27% | |
TXN | C | 1.12% | |
HON | B | 1.01% | |
ADI | C | 0.7% | |
ITRI | C | 0.62% | |
SEDG | F | 0.6% | |
AEIS | F | 0.5% | |
EMR | A | 0.49% | |
MYRG | A | 0.42% | |
NXPI | C | 0.4% | |
FLNC | F | 0.14% | |
TRMB | B | 0.11% | |
AMSC | C | 0.08% | |
PLPC | F | 0.07% | |
AES | F | 0.06% | |
WLDN | B | 0.06% | |
WCC | C | 0.05% | |
GNRC | F | 0.05% | |
MTZ | C | 0.04% | |
LFUS | F | 0.04% | |
ENS | F | 0.03% | |
BDC | C | 0.03% | |
ACA | B | 0.03% | |
VMI | F | 0.03% | |
ESE | D | 0.02% | |
STM | D | 0.02% | |
DGII | C | 0.01% | |
AZZ | B | 0.01% | |
EBR | D | 0.0% |
GRID Underweight 28 Positions Relative to ZIG
Symbol | Grade | Weight | |
---|---|---|---|
CROX | C | -3.55% | |
WIRE | B | -3.53% | |
CNX | B | -3.5% | |
CMC | B | -3.48% | |
HCC | D | -3.47% | |
SM | B | -3.46% | |
AX | D | -3.4% | |
VIRT | B | -3.39% | |
DHI | A | -3.39% | |
PHM | A | -3.37% | |
MHO | C | -3.36% | |
MTG | B | -3.36% | |
STLD | B | -3.35% | |
DINO | A | -3.34% | |
NUE | B | -3.34% | |
BSM | C | -3.31% | |
UFPI | C | -3.29% | |
MLI | A | -3.28% | |
ARCH | D | -3.25% | |
FHI | C | -3.24% | |
DDS | B | -3.24% | |
CALM | B | -3.22% | |
BTU | D | -3.19% | |
BKE | C | -3.18% | |
CF | C | -3.16% | |
MO | C | -3.16% | |
PM | D | -3.13% | |
PLTK | F | -3.06% |
GRID: Top Represented Industries & Keywords
ZIG: Top Represented Industries & Keywords