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 Clean Edge Smart Grid Infrastructure Index TM... Show more
The First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) tracks the NASDAQ Clean Edge Smart Grid Infrastructure Index, focusing on companies involved in electric grid infrastructure, meters, networks, energy storage, management, and related software. Launched in 2009, the ETF holds approximately 130 stocks with assets under management (AUM) around $10-11 billion and an expense ratio of 0.56%.
Top holdings include ETN (8.6%), ABB Ltd (8.1%), JCI (7.6%), Schneider Electric (7.3%), and National Grid plc (7.1%), comprising over 56% of assets. Sector allocation emphasizes industrials (65%), utilities (20%), and technology (11%). This heavy exposure to grid and electrification plays explains GRID's sensitivity to power demand trends, particularly from AI-driven growth, fueling recent ETF price movement.
Over the last 30 days, GRID advanced roughly +9%, from around $180 to near $197, in a steady uptrend with moderate volatility. The ETF showed resilience, trading within a range but closing higher amid broader market strength in infrastructure themes.
For the past quarter, GRID climbed approximately +13%, reflecting consistent gains driven by sector tailwinds. Performance was trend-driven rather than range-bound, outperforming infrastructure category averages, with YTD returns exceeding 28%.
GRID's +9% 30-day gain stemmed primarily from heightened investor focus on grid upgrades to meet exploding electricity demand from AI data centers. Forecasts of U.S. power needs doubling by 2030, led by hyperscalers like Microsoft and Amazon, spotlighted smart grid companies.
Top holdings propelled the move: ETN and PWR benefited from contracts for transmission and distribution equipment, while JCI and HUBB gained on energy management solutions. The industrials sector's outperformance, amid reports of grid operators like PJM facing capacity shortfalls, amplified returns.
Fund flows surged, with $1.46 billion net inflows in the past month, pushing AUM higher and supporting price momentum. Market sentiment shifted positively on electrification megatrends, connecting directly to GRID's portfolio exposures.
The ETF's +13% quarterly rise built on sustained themes of infrastructure investment and AI power crunch. Cumulative inflows topped $2.29 billion over three months, reflecting institutional bets on grid modernization as data center buildouts accelerated.
Macro factors like rising U.S. electricity forecasts—up 2% annually through 2030—favored utilities and industrials holdings. Major constituents, including ETN and Quanta Services, capitalized on trillion-dollar grid upgrade needs. Broader sector cycles in electrification and energy storage outweighed volatility from capacity concerns, delivering strong compounded impact.
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Investors should monitor AI data center expansion plans from tech giants, as they drive grid investment needs. Track sector performance in industrials and utilities, alongside macro shifts in electricity demand forecasts and interest rates impacting infrastructure funding.
Key holdings like ETN, PWR, and JCI for earnings on grid contracts. Watch grid operator updates (e.g., PJM, ERCOT) for capacity risks, regulatory support for upgrades, and ongoing fund flows into thematic ETFs. Potential catalysts include policy on electrification; risks involve supply chain delays or demand slowdowns.
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GRID may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 45 cases where GRID's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 3 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GRID advanced for three days, in of 353 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Momentum Indicator moved below the 0 level on June 26, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on GRID as a result. In of 82 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for GRID turned negative on June 23, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 44 similar instances when the indicator turned negative. In of the 44 cases the stock turned lower in the days that followed. This puts the odds of success at .
GRID moved below its 50-day moving average on June 26, 2026 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for GRID crossed bearishly below the 50-day moving average on June 30, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In of 18 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where GRID declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for GRID entered a downward trend on June 16, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Category Industrials