Is GRID a good investment?

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) is a clean-energy ETF. As of September 11, 2026, ETF Copilot scores GRID 4.9 out of 10 — highest on Return (8.7), lowest on Valuation (1.2). It trades at 29.6 times earnings, against its own median of 23.0. Its ten largest holdings are 59% of the fund.

Updated September 11, 2026

How is GRID rated? ETF Copilot scores First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) 4.9 out of 10

As of September 11, 2026, ETF Copilot scores First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) 4.9 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

Overall: 4.9 / 10
Growth: 5.8 / 10
Valuation: 1.2 / 10
Risk: 4.5 / 10
Quality: 2.3 / 10
Return: 8.7 / 10

What is GRID's expense ratio? 0.56% a year

As of September 11, 2026, GRID charges 0.56% a year, yields 1.60% and holds $12.1B in assets across 117 positions.

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) — cost, income and size
Measure	GRID
Expense ratio	0.56%
Dividend yield	1.60%
Assets under management	$12.1B
Holdings	117

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

What stands out in GRID's data

An ETF tracking clean energy smart grid infrastructure companies.

Its valuation is exceptionally high relative to peers.

Trailing EBITDA multiple of 18.7x, above the category median of 14.7x.

Adds exposure to companies building and modernizing electrical grid infrastructure.

Why did GRID move this week? It rose 1.8% in the week to September 11, 2026 — Eaton and Quanta Services drove it

GRID rose 1.8% in the week to September 11, 2026. The holdings that moved it most were Eaton (+7.1%), Quanta Services (+4.9%) and Johnson Controls (+2.7%); Nvidia (−4.4%) pushed the other way.

Is GRID expensive right now? It trades at 29.6 times earnings, against its own median of 23.0

As of September 11, 2026, GRID is more expensive than 93% of its own 114 monthly readings since 2017 — 106 of those months were cheaper than today.

Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.

What's inside GRID? 11% Tech

What's inside GRID: Size (Large 69%, Mid 20%, Small 11%); Geography (International 68%, US 32%); Tech 11.1%; Magnificent 7 4.1%; AI 4.8%; Semiconductors 5.3%; Memory 5.9%.

What are GRID's top holdings? The ten largest are 59% of the fund

Schneider Electric, Eaton, Johnson Controls International, ABB, Quanta Services, E.ON SE, Prysmian SPA, Nvent Electric, Hubbell and Nvidia are GRID's largest holdings, in that order.

More concentrated than 65% of Clean Energy ETFs.

Half of GRID's weight sits in its 7 largest positions, and once those weights are taken into account it behaves like 22 equally weighted holdings.

Cite this

ETF Copilot, “First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) scores and holdings analysis”, as of September 11, 2026.
https://etf-copilot.com/etf/grid