GRID vs. MADE ETF Comparison

Comparison of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) to iShares Trust iShares U.S. Manufacturing ETF (MADE)

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

$125.79

Average Daily Volume

108,638

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MADE

iShares Trust iShares U.S. Manufacturing ETF

MADE Description

The underlying index is designed to measure the performance of equity securities of U.S.-domiciled companies that are involved in manufacturing and manufacturing-related industries and that generate a certain amount of revenues in the U.S., among other eligibility criteria, as determined by SPDJI. The fund generally will invest at least 80% of its assets in the component securities of its underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$24.77

Average Daily Volume

1,353

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GRID	MADE
30 Days	3.31%	0.81%
60 Days	11.42%	5.53%
90 Days	6.60%
12 Months	39.20%

15 Overlapping Holdings

Symbol	Grade	Weight in GRID	Weight in MADE	Overlap
AEIS	F	0.5%	0.31%	0.31%
ATKR	F	0.47%	0.27%	0.27%
BDC	B	0.03%	0.4%	0.03%
ENPH	D	2.39%	1.31%	1.31%
ENS	D	0.03%	0.35%	0.03%
ESE	B	0.02%	0.27%	0.02%
ETN	C	8.13%	4.24%	4.24%
GNRC	B	0.06%	0.78%	0.06%
HON	C	0.96%	3.81%	0.96%
HUBB	A	3.8%	1.96%	1.96%
ITRI	C	0.68%	0.39%	0.39%
JCI	B	7.98%	1.85%	1.85%
LFUS	C	0.04%	0.56%	0.04%
NVT	D	1.67%	1.02%	1.02%
SEDG	F	0.19%	0.08%	0.08%

GRID Overweight 29 Positions Relative to MADE

Symbol	Grade	Weight
ABBV	A	7.79%
PWR	B	4.1%
APTV	D	3.1%
TSLA	C	2.31%
NVDA	C	1.93%
ORCL	B	1.92%
CSCO	A	1.43%
IBM	B	1.36%
TXN	C	1.28%
QCOM	D	1.27%
ADI	C	0.78%
EMR	B	0.45%
GEV	B	0.45%
NXPI	F	0.38%
MYRG	F	0.22%
FLNC	C	0.2%
AMSC	C	0.13%
TRMB	B	0.1%
WLDN	A	0.09%
AES	B	0.08%
PLPC	D	0.06%
MTZ	B	0.05%
WCC	C	0.05%
VMI	B	0.04%
ACA	C	0.03%
STM	F	0.02%
DGII	B	0.01%
AZZ	C	0.01%
EBR	D	0.0%

GRID Underweight 83 Positions Relative to MADE

Symbol	Grade	Weight
APH	D	-4.01%
DE	A	-4.0%
PCAR	D	-3.92%
GM	D	-3.88%
CMI	B	-3.79%
F	D	-3.55%
AME	D	-3.4%
TT	A	-3.18%
PH	A	-2.97%
RTX	A	-2.79%
ROK	D	-2.6%
CARR	A	-2.44%
FTV	B	-2.33%
FSLR	C	-2.33%
DOV	C	-2.26%
LMT	A	-2.13%
TDY	A	-1.75%
BA	F	-1.55%
SWK	A	-1.41%
TDG	A	-1.38%
GD	A	-1.34%
SNA	A	-1.3%
NOC	B	-1.26%
COHR	B	-1.21%
RRX	C	-0.96%
LECO	D	-0.91%
TTC	D	-0.74%
LHX	A	-0.74%
HWM	A	-0.72%
ALSN	A	-0.71%
FN	B	-0.71%
AYI	A	-0.71%
LII	C	-0.71%
RIVN	F	-0.68%
MKSI	F	-0.65%
MIDD	D	-0.64%
PNR	C	-0.6%
MSA	F	-0.6%
IEX	D	-0.59%
OSK	F	-0.54%
GGG	B	-0.53%
AXON	A	-0.51%
THO	B	-0.49%
BC	D	-0.48%
FSS	B	-0.48%
VNT	F	-0.41%
HOG	D	-0.39%
LDOS	A	-0.37%
AOS	B	-0.36%
CR	B	-0.3%
LCII	B	-0.28%
AAON	A	-0.28%
TXT	F	-0.27%
LCID	D	-0.27%
SPXC	C	-0.26%
TRN	C	-0.24%
JBT	B	-0.24%
CSWI	B	-0.23%
BMI	A	-0.23%
CXT	F	-0.23%
AIN	F	-0.23%
CW	A	-0.23%
WTS	C	-0.22%
HEI	A	-0.2%
HII	F	-0.18%
GT	F	-0.18%
ZWS	A	-0.18%
GTLS	F	-0.17%
PLUG	D	-0.16%
FELE	C	-0.15%
WWD	B	-0.15%
BE	F	-0.15%
BWXT	A	-0.15%
SAIC	A	-0.13%
NPO	C	-0.13%
MWA	A	-0.13%
FOXF	F	-0.12%
KBR	C	-0.12%
MOG.A	A	-0.1%
ARRY	F	-0.06%
KTOS	A	-0.06%
SHLS	F	-0.06%
SPR	D	-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