First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID)Infrastructure | Exchange Traded Fund | NasdaqGM
179.25 USD
+0.55
(0.308%)
⇧
(Oct. 13, 2026, 4 p.m.
EDT)
After hours: 179.25 |
Hot Take ↕ | Oct. 10, 2026, 3:55 a.m. EDT
The smart grid theme is gaining serious traction, with headlines correctly identifying that AI infrastructure demands power, not just chips. However, the market is currently conflicted. Fundamentally, the ETF trades at a premium P/E of nearly 30x, which is expensive for a sector often plagued by execution delays and regulatory hurdles. The lack of recent price history prevents a definitive judgment on whether the current valuation reflects a true moat or a speculative bubble. Consequently, the long-term rating remains neutral; while the business concept is sound, the price hasn't yet proven it can sustain the high multiples required for a top-tier buy. In the short term, however, the story is different. Options data reveals a distinct 'bull case' building up, with traders aggressively betting on a break above $200. This disconnect between expensive fundamentals and aggressive speculative positioning suggests a high-risk, high-reward setup where the thesis is priced in for a catalyst, making it a volatile momentum play rather than a stable core holding. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.020913 |
| AutoETS | 0.020925 |
| MSTL | 0.021204 |
| AutoTheta | 0.030546 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 53% |
| H-stat | 0.26 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.906 |
| Excess Kurtosis | -0.06 |
| Attribute | Value |
|---|---|
| Trailing P/E | 29.79 |
As of Oct. 10, 2026, 3:55 a.m. EDT: Speculators are positioning for a significant upside move, evidenced by heavy open interest concentration in out-of-the-money calls (92-93% of total call OI) and a massive volume spike at the $200 strike for December expiration. While there is some defensive put buying near current prices, the overwhelming capital flow is directional bullishness targeting a breakout above the $190-$200 resistance zone.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.20% | 0.88% | 1.05% | 1.09% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-09-24 | 0.353 | 0.198025 |
| 2026-06-25 | 0.756 | 0.397372 |
| 2026-03-26 | 0.100 | 0.061893 |
| 2025-12-12 | 0.338 | 0.221639 |
| 2025-09-25 | 0.236 | 0.159416 |
| 2025-06-26 | 0.835 | 0.609400 |
| 2025-03-27 | 0.139 | 0.119952 |
| 2024-12-13 | 0.273 | 0.219789 |
| 2024-09-26 | 0.251 | 0.195270 |
| 2024-06-27 | 0.638 | 0.550712 |
| 2024-03-21 | 0.102 | 0.088804 |
| 2023-12-22 | 0.355 | 0.342235 |
| 2023-09-22 | 0.159 | 0.167899 |
| 2023-06-27 | 0.698 | 0.675244 |
| 2023-03-24 | 0.080 | 0.086300 |
| 2022-12-23 | 0.273 | 0.309770 |
| 2022-09-23 | 0.271 | 0.349227 |
| 2022-06-24 | 0.429 | 0.533848 |
| 2022-03-25 | 0.129 | 0.138501 |
| 2021-12-23 | 0.038 | 0.037464 |
| 2021-09-23 | 0.224 | 0.229626 |
| 2021-06-24 | 0.339 | 0.368358 |
| 2021-03-25 | 0.050 | 0.059270 |
| 2020-12-24 | 0.146 | 0.182454 |
| 2020-09-24 | 0.199 | 0.330675 |
| 2020-06-25 | 0.146 | 0.269871 |
| 2020-03-26 | 0.062 | 0.138547 |
| 2019-12-13 | 0.080 | 0.148533 |
| 2019-09-25 | 0.244 | 0.491638 |
| 2019-06-14 | 0.262 | 0.570309 |
| 2019-03-21 | 0.106 | 0.235503 |
| 2018-12-18 | 0.008 | 0.020111 |
| 2018-09-14 | 0.121 | 0.246386 |
| 2018-06-21 | 0.308 | 0.621720 |
| 2018-03-22 | 0.063 | 0.125423 |
| 2017-12-21 | 0.088 | 0.171774 |
| 2017-09-21 | 0.065 | 0.133525 |
| 2017-06-22 | 0.393 | 0.902204 |
| 2016-12-21 | 0.118 | 0.286269 |
| 2016-09-21 | 0.104 | 0.272608 |
| 2016-06-22 | 0.213 | 0.588886 |
| 2015-12-23 | 0.078 | 0.232558 |
| 2015-09-23 | 0.072 | 0.227920 |
| 2015-06-24 | 0.241 | 0.647154 |
| 2015-03-25 | 0.019 | 0.053162 |
| 2014-12-23 | 0.031 | 0.086762 |
| 2014-09-23 | 0.065 | 0.181869 |
| 2014-06-24 | 0.298 | 0.799571 |
| 2014-03-25 | 0.126 | 0.322168 |
| 2013-12-18 | 0.080 | 0.229292 |
| 2013-06-11 | 0.390 | 1.211933 |
| 2013-03-21 | 0.016 | 0.049322 |
| 2012-12-21 | 0.017 | 0.057491 |
| 2012-09-21 | 0.089 | 0.298658 |
| 2012-06-21 | 0.119 | 0.468504 |
| 2012-03-21 | 0.035 | 0.124069 |
| 2011-12-21 | 0.082 | 0.336894 |
| 2011-06-21 | 0.172 | 0.535492 |
| 2010-06-22 | 0.108 | 0.368601 |
| 2009-12-22 | 0.012 | 0.037175 |
| Attribute | Value |
|---|---|
| All Time High | 199.99 |
| All Time Low | 22.16 |
| Ask | 188.6 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 548,290 |
| Average Daily Volume3 Month | 576,096 |
| Average Volume | 576,096 |
| Average Volume10Days | 548,290 |
| Beta3 Year | 1.42 |
| Bid | 186.41 |
| Bid Size | 2 |
| Category | Infrastructure |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 179.48 |
| Day Low | 176.67 |
| Display Name | NASDAQ Clean Edge Smart Grid |
| Dividend Date | 1,483,056,000 |
| Dividend Yield | 0.87 |
| Eps Trailing Twelve Months | 6.0164266 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 15 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 180.8672 |
| Fifty Day Average Change | -1.6172028 |
| Fifty Day Average Change Percent | -0.008941382 |
| Fifty Two Week Change Percent | 15.491497 |
| Fifty Two Week High | 199.99 |
| Fifty Two Week High Change | -20.740005 |
| Fifty Two Week High Change Percent | -0.10370521 |
| Fifty Two Week Low | 144.62 |
| Fifty Two Week Low Change | 34.630005 |
| Fifty Two Week Low Change Percent | 0.23945516 |
| Fifty Two Week Range | 144.62 - 199.99 |
| First Trade Date Milliseconds | 1,258,468,200,000 |
| Five Year Average Return | 0.1500611 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | 0.55000305 |
| Fullday Change Percent | 0.30778012 |
| Fullday Price | 179.25 |
| Fund Family | First Trust |
| Fund Inception Date | 1,258,329,600 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depositary receipts that comprise the index. The index includes companies that are primarily engaged and involved in electric grid, electric meters and devices, networks, energy storage and management, and enabling software used by the smart grid infrastructure sector. The fund is non-diversified. |
| Long Name | First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund |
| Market | us_market |
| Market State | POSTPOST |
| Max Age | 86,400 |
| Message Board Id | finmb_79682012 |
| Nav Price | 179.13 |
| Net Assets | 11,866,589,200.0 |
| Net Expense Ratio | 0.56 |
| Open | 178.113 |
| Phone | 630-241-4141 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 179.25 |
| Post Market Time | 1,791,927,547 |
| Previous Close | 178.7 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.550003 |
| Regular Market Change Percent | 0.30778 |
| Regular Market Day High | 179.48 |
| Regular Market Day Low | 176.67 |
| Regular Market Day Range | 176.67 - 179.48 |
| Regular Market Open | 178.113 |
| Regular Market Previous Close | 178.7 |
| Regular Market Price | 179.25 |
| Regular Market Time | 1,791,921,601 |
| Regular Market Volume | 561,107 |
| Short Name | First Trust NASDAQ Clean Edge S |
| Source Interval | 15 |
| Symbol | GRID |
| Three Year Average Return | 0.2530618 |
| Total Assets | 11,866,589,184 |
| Tradeable | 0 |
| Trailing P E | 29.793432 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -7.13201 |
| Trailing Three Month Returns | -7.13201 |
| Triggerable | 1 |
| Two Hundred Day Average | 177.8082 |
| Two Hundred Day Average Change | 1.441803 |
| Two Hundred Day Average Change Percent | 0.008108755 |
| Type Disp | ETF |
| Volume | 561,107 |
| Yield | 0.0087 |
| Ytd Return | 16.47615 |