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QQEW vs GRID

First Trust Nasdaq-100 Select Equal Weight ETF vs First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

QQEW

First Trust Nasdaq-100 Select Equal Weight ETF

First Trust

Annual cost

0.55%

Fund size

$1.6B

GRID

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

First Trust

Annual cost

0.56%

Fund size

$10.0B

Key differences

  • GRID is significantly larger than QQEW — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, GRID has delivered higher annualized returns.

Side-by-side comparison

QQEWGRID
Annual cost (TER)0.55%0.56%
Fund size (AUM)$1.6B$10.0B
Since20062009
Dividend yield0.32%0.79%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+17.3%+52.2%
CAGR 3Y+15.0%+26.8%
CAGR 5Y+8.4%+18.8%
Sharpe 3Y0.671.13
Volatility 1Y16.30%19.42%
Max drawdown-32.13%-40.56%

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

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