GRID vs. XES ETF Comparison
Comparison of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) to SPDR S&P Oil & Gas Equipment & Services ETF (XES)
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
XES
SPDR S&P Oil & Gas Equipment & Services ETF
XES Description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the oil and gas equipment and services segment of a U.S. total market composite index. In seeking to track the performance of the S&P Oil & Gas Equipment & Services Select Industry Index, the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the oil and gas equipment and services industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.Grade (RS Rating)
Last Trade
$82.10
Average Daily Volume
46,862
27
Performance
Period | GRID | XES |
---|---|---|
30 Days | 3.04% | -6.65% |
60 Days | 4.97% | -13.50% |
90 Days | 3.56% | -5.88% |
12 Months | 27.18% | -14.12% |
0 Overlapping Holdings
Symbol | Grade | Weight in GRID | Weight in XES | Overlap |
---|
GRID Overweight 45 Positions Relative to XES
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 27 Positions Relative to XES
Symbol | Grade | Weight | |
---|---|---|---|
BKR | D | -5.66% | |
FTI | D | -5.23% | |
AROC | C | -5.18% | |
WHD | C | -5.06% | |
HP | D | -5.03% | |
CHX | D | -4.98% | |
SLB | F | -4.92% | |
LBRT | D | -4.9% | |
NOV | D | -4.85% | |
HAL | F | -4.54% | |
WFRD | F | -4.3% | |
PTEN | F | -4.26% | |
RIG | F | -4.2% | |
VAL | F | -4.03% | |
TDW | F | -3.86% | |
OII | D | -3.59% | |
AESI | C | -2.98% | |
HLX | D | -2.76% | |
XPRO | F | -2.28% | |
WTTR | C | -1.98% | |
NBR | F | -1.97% | |
PUMP | F | -1.86% | |
RES | D | -1.49% | |
CLB | D | -1.02% | |
TTI | F | -0.87% | |
NR | F | -0.71% | |
VTOL | D | -0.6% |
GRID: Top Represented Industries & Keywords
XES: Top Represented Industries & Keywords