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GRID vs PBD

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund vs Invesco Global Clean Energy ETF

GRID

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

First Trust

Annual cost

0.56%

Fund size

$10.0B

PBD

Invesco Global Clean Energy ETF

Invesco

Annual cost

0.75%

Fund size

$208M

Key differences

  • GRID costs 0.19% less per year.
  • GRID is significantly larger than PBD — larger funds tend to be more liquid and less likely to close.
  • GRID covers north america markets; PBD covers global.
  • Over the last 3 years, GRID has delivered higher annualized returns.

Side-by-side comparison

GRIDPBD
Annual cost (TER)0.56%0.75%
Fund size (AUM)$10.0B$208M
Since20092007
Dividend yield0.79%1.74%
Asset classequityequity
Regionnorth americaglobal
Strategyindex trackingindex tracking
CAGR 1Y+52.2%+95.4%
CAGR 3Y+26.8%+9.1%
CAGR 5Y+18.8%-2.4%
Sharpe 3Y1.130.33
Volatility 1Y19.42%23.36%
Max drawdown-40.56%-75.44%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to GRID and PBD