GRID vs. GCLN ETF Comparison

Comparison of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) to Goldman Sachs Bloomberg Clean Energy Equity ETF (GCLN)

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

$122.60

Average Daily Volume

103,706

Number of Holdings ^*

45

* may have additional holdings in another (foreign) market

GCLN

Goldman Sachs Bloomberg Clean Energy Equity ETF

GCLN Description

Goldman Sachs Bloomberg Clean Energy Equity ETF is an exchange traded fund launched and managed by Goldman Sachs Asset Management, L.P. The fund invests in public equity markets of global region. It invests in stocks of companies operating across clean energy including independent power and renewable electricity producers, renewable electricity, electric power by solar energy, electric power by wind energy, clean energy including clean power infrastructure, energy storage, hydrogen energy, energy digitalization and bioenergy sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. The fund seeks to track the performance of the Bloomberg Goldman Sachs Global Clean Energy Index, by using full replication technique. Goldman Sachs Bloomberg Clean Energy Equity ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$36.86

Average Daily Volume

238

Number of Holdings ^*

57

* may have additional holdings in another (foreign) market

Performance

Period	GRID	GCLN
30 Days	3.75%	5.01%
60 Days	3.53%	6.57%
90 Days	2.36%	9.69%
12 Months	25.58%	9.28%

12 Overlapping Holdings

	Symbol	Grade	Weight in GRID	Weight in GCLN	Overlap
	ABBV	B	8.22%	1.01%	1.01%
	AES	C	0.07%	0.48%	0.07%
	ENPH	D	2.53%	0.89%	0.89%
	FLNC	C	0.16%	0.07%	0.07%
	GE	A	1.11%	1.01%	1.01%
	GNRC	D	0.07%	0.35%	0.07%
	ITRI	C	0.67%	0.29%	0.29%
	MTZ	B	0.05%	0.26%	0.05%
	PWR	C	3.74%	1.49%	1.49%
	SEDG	F	0.19%	0.07%	0.07%
	TSLA	C	2.49%	6.16%	2.49%
	VMI	D	0.04%	0.07%	0.04%

GRID Overweight 33 Positions Relative to GCLN

	Symbol	Grade	Weight
	JCI	B	7.75%
	ETN	C	7.01%
	HUBB	B	3.38%
	APTV	F	3.18%
	NVDA	D	1.96%
	ORCL	B	1.67%
	NVT	D	1.61%
	CSCO	C	1.4%
	IBM	A	1.32%
	TXN	D	1.3%
	QCOM	D	1.29%
	HON	D	1.0%
	ADI	D	0.78%
	ATKR	F	0.52%
	AEIS	D	0.5%
	EMR	D	0.43%
	NXPI	F	0.38%
	GEV	B	0.33%
	MYRG	F	0.21%
	AMSC	D	0.11%
	WLDN	B	0.09%
	TRMB	C	0.09%
	PLPC	D	0.06%
	WCC	D	0.05%
	LFUS	D	0.04%
	ACA	C	0.03%
	ENS	D	0.03%
	BDC	B	0.03%
	STM	F	0.02%
	ESE	C	0.02%
	DGII	D	0.01%
	AZZ	D	0.01%
	EBR	C	0.0%

GRID Underweight 45 Positions Relative to GCLN

	Symbol	Grade	Weight
	NEE	B	-5.29%
	DUK	B	-2.77%
	PEG	A	-2.6%
	AEP	A	-2.26%
	SRE	B	-2.16%
	EIX	B	-2.1%
	D	B	-2.01%
	PCG	B	-1.68%
	EXC	A	-1.62%
	ED	B	-1.5%
	XEL	B	-1.46%
	FSLR	D	-1.36%
	SO	A	-1.11%
	ETR	A	-1.07%
	ES	B	-0.98%
	AEE	A	-0.93%
	LNT	A	-0.62%
	WEC	B	-0.42%
	ON	D	-0.41%
	DTE	A	-0.32%
	CMS	A	-0.29%
	ORA	C	-0.24%
	EME	A	-0.24%
	CNP	C	-0.24%
	RUN	C	-0.23%
	HASI	B	-0.23%
	NRG	C	-0.22%
	AVA	B	-0.2%
	KEP	C	-0.18%
	NWE	A	-0.14%
	CWEN	A	-0.14%
	MGEE	A	-0.13%
	QS	F	-0.12%
	BE	F	-0.12%
	AGR	B	-0.11%
	TAC	A	-0.1%
	PLUG	F	-0.08%
	ENVX	F	-0.07%
	GPRE	F	-0.05%
	DQ	F	-0.05%
	ARRY	F	-0.05%
	JKS	D	-0.04%
	CSAN	F	-0.04%
	WOLF	F	-0.04%
	OTTR	D	-0.04%

GRID: Top Represented Industries & Keywords

Industries: Electronic Components Semiconductors Diversified Industrials Engineering & Construction Scientific & Technical Instruments Communication Equipment Specialty Industrial Machinery 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 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 Aerospace Analog Devices Batteries

GCLN: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Utilities - Diversified Solar Utilities - Independent Power Producers Engineering & Construction Semiconductor Equipment & Materials Semiconductors Auto Manufacturers Auto Parts Diversified Industrials Drug Manufacturers - Major Electrical Equipment & Parts Electronic Components Metal Fabrication Oil & Gas Refining & Marketing REIT - Diversified Scientific & Technical Instruments Specialty Chemicals Specialty Industrial Machinery Utilities - Regulated Gas

Keywords: Electricity S&P 500 Natural Gas Electric Utility Renewable Energy Natural Gas Distribution Biomass Energy Conversion Nasdaq 100 Natural Gas Storage Photovoltaics Public Utility Electric Power Electricity Generation Electromagnetism Gas Transmission Natural Gas Transmission Sempra Energy Solar Power Distribution Services