GRID vs. OIH ETF Comparison
Comparison of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) to Market Vectors Oil Services ETF (OIH)
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
$123.35
Average Daily Volume
103,118
45
OIH
Market Vectors Oil Services ETF
OIH Description
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors® US Listed Oil Services 25 Index (the "Oil Services Index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The Oil Services Index is comprised of common stocks and depositary receipts of U.S. exchange-listed companies in the oil services industry. Such companies may include medium-capitalization companies and foreign companies that are listed on a U.S. exchange. The fund is non-diversified.Grade (RS Rating)
Last Trade
$283.71
Average Daily Volume
578,831
22
Performance
Period | GRID | OIH |
---|---|---|
30 Days | 3.04% | -6.70% |
60 Days | 4.97% | -13.73% |
90 Days | 3.56% | -6.78% |
12 Months | 27.18% | -18.11% |
0 Overlapping Holdings
Symbol | Grade | Weight in GRID | Weight in OIH | Overlap |
---|
GRID Overweight 45 Positions Relative to OIH
Symbol | Grade | Weight | |
---|---|---|---|
ABBV | C | 7.99% | |
JCI | B | 7.76% | |
ETN | C | 7.24% | |
PWR | B | 3.87% | |
HUBB | B | 3.54% | |
APTV | D | 3.01% | |
TSLA | C | 2.56% | |
ENPH | C | 2.33% | |
NVDA | D | 2.16% | |
ORCL | B | 1.89% | |
NVT | D | 1.62% | |
CSCO | B | 1.38% | |
IBM | B | 1.34% | |
QCOM | D | 1.27% | |
TXN | C | 1.23% | |
GE | B | 1.12% | |
HON | D | 0.98% | |
ADI | D | 0.77% | |
ITRI | C | 0.68% | |
ATKR | F | 0.5% | |
AEIS | D | 0.48% | |
EMR | D | 0.43% | |
NXPI | D | 0.36% | |
GEV | B | 0.35% | |
MYRG | F | 0.22% | |
FLNC | C | 0.19% | |
SEDG | F | 0.16% | |
AMSC | D | 0.13% | |
TRMB | C | 0.09% | |
WLDN | B | 0.08% | |
AES | C | 0.07% | |
GNRC | D | 0.06% | |
MTZ | B | 0.05% | |
WCC | C | 0.05% | |
PLPC | F | 0.05% | |
VMI | D | 0.04% | |
LFUS | D | 0.04% | |
ENS | C | 0.03% | |
BDC | B | 0.03% | |
ACA | C | 0.03% | |
STM | F | 0.02% | |
ESE | B | 0.02% | |
DGII | D | 0.01% | |
AZZ | C | 0.01% | |
EBR | C | 0.0% |
GRID Underweight 22 Positions Relative to OIH
Symbol | Grade | Weight | |
---|---|---|---|
SLB | F | -20.65% | |
BKR | D | -11.76% | |
HAL | F | -9.57% | |
TS | D | -5.15% | |
FTI | D | -5.01% | |
CHX | D | -4.68% | |
NOV | D | -4.62% | |
WFRD | F | -4.53% | |
WHD | C | -4.19% | |
RIG | F | -3.81% | |
VAL | F | -3.66% | |
PTEN | F | -3.43% | |
HP | D | -2.73% | |
LBRT | D | -2.48% | |
OII | D | -2.28% | |
XPRO | F | -1.51% | |
HLX | D | -1.42% | |
WTTR | C | -1.38% | |
RES | D | -0.96% | |
NBR | F | -0.78% | |
CLB | D | -0.55% | |
PUMP | F | -0.49% |
GRID: Top Represented Industries & Keywords
OIH: Top Represented Industries & Keywords