GRID : First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

GRID is a Allocation Market Other index fund with HIGH fees.

GRID

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

FI Score

25 /100

Diversification Rating

0 /10

Expense Ratio Rating

3 /10

Expense Rating

3 /10

Market Score

3 /10

Category Score

0 /10

Market Size

3 /10

25% FI Score
  • grid
  • ETF
  • Allocation
  • Other

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

Expenses: 0.70% (Better than 0% of similar funds)

This is a bad choice for a Other Allocation fund. See why »

Fund Summary

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® Clean Edge® Smart Grid Infrastructure IndexSM. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depositary receipts that comprise the index. The index includes companies that are primarily engaged and involved in electric grid, electric meters and devices, networks, energy storage and management, and enabling software used by the smart grid infrastructure sector. The fund is non-diversified.

Largest Holdings

Amount Holding
8.38% Terna - Rete Elettrica Nazionale Societa per Azioni
8.15% Schneider Electric S.E
7.89% Aptiv PLC
7.55% Red Electrica Corporacion SA
7.26% Prysmian S.p.A
4.86% Enphase Energy, Inc
4.65% SolarEdge Technologies, Inc
4.60% Advanced Energy Industries, Inc
3.96% Quanta Services, Inc
3.88% Badger Meter, Inc

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