Eaton

Johnson Controls

Suncor Energy

Quanta Services

Tesla

Hubbell

Aptiv

NVIDIA

Oracle

Trinity Industries

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

GRID tracks a market-cap-weighted index of global equities in the smart grid and electrical energy infrastructure sector.

I upgraded GRID from hold to buy due to its improved valuation relative to the S&P 500 and strong technical momentum. Despite high ex-US exposure and a strong US dollar weighing on performance, GRID's assets under management have grown significantly. GRID's portfolio is heavily weighted toward Industrials and Utilities, with a mix of domestic and foreign stocks and a respectable long-term EPS growth rate.

GRID: AI And Data Center Demand Fuel The Rally (Upgrade)

Designed to provide broad exposure to the Utilities - Infrastructure segment of the equity market, the First Trust NASDAQ Clean Edge Smart Grid Infrastructure ETF (GRID) is a passively managed exchange traded fund launched on 11/16/2009.

Should You Invest in the First Trust NASDAQ Clean Edge Smart Grid Infrastructure ETF (GRID)?

Alerian Energy Infrastructure ETF

VanEck Vectors Uranium+Nuclear Energy ETF

Range Nuclear Renaissance Index ETF

Global X Uranium ETF

Sprott Junior Uranium Miners ETF

Sprott Uranium Miners ETF

While the promise of technologies like artificial intelligence, machine learning, cloud computing, and cryptocurrency are groundbreaking, powering the data centers to support them has become increasingly energy intensive. For years, data centers could chug along with a pretty stable appetite for power.

Disruptive Theme of the Week: How to Power Your Data Center

ARK 21Shares Blockchain and Digital Economy Innovation ETF

Amplify Transformational Data Sharing ETF

Vaneck Digital India ETF

Global X Data Center & Digital Infrastructure ETF

Procure Disaster Recovery ETF

Amplify Online Retail ETF

iShares MSCI India ETF

INQQ The India Internet & Ecommerce ETF

iShares MSCI China ETF

First Trust Indxx Aerospace & Defense ETF

Engine NO 1 Transform Climate ETF

Proshares Online Retail ETF

Invesco Aerospace & Defense ETF

Global X Defense Tech ETF

Pacer Data And Digital Revolution ETF

Pacer BioThreat ETF

AXS Esoterica NEXTG Economy ETF

As we face the last quarter of 2024, interest rates are finally heading down, kicked off by a 50 basis point Fed cut, the election race is too close to call, and global geopolitical instability remains a risk factor.

Disruptive Theme of the Week: Top ETF Themes Through Q3 2024

The GRID ETF has outperformed the S&P500 by ~60% over the past 5-years, driven by electrical equipment, clean-tech, and smart grid infrastructure investments. Top holdings like Eaton Corp and Johnson Controls are well-positioned to benefit from growing electricity demand, AI-centric data centers, and clean energy projects. Despite a relatively high expense fee, GRID's long-term performance and significant discount to the S&P500 justify a BUY rating.

GRID: Investors Are Finally Taking Electrification Seriously

Alerian MLP ETF

Fidelity MSCI Utilities Index ETF

iShares U.S. Utilities ETF

Neuberger Berman Carbon Transition Infrastructure ETF

SPDR MSCI USA Climate Paris Aligned ETF

Reaves Utilities ETF

Vanguard Utilities ETF

The “juice” in the article title does not refer to orange juice futures like in the classic film “Trading Places,” but electricity. Reuters recently reported that at the power auction for the U.S.'s largest electrical grid operator, PJM Interconnection, prices soared 800% from $269.92 megawatts per day from $28.

Disruptive Theme of the Week: Where's The Juice?

SPDR S&P Global Infrastructure ETF

iShares US Infrastructure ETF

Global X U.S. Infrastructure Development ETF

Positive factors impacting the outlook for U.S. infrastructure ETFs are strong demand for U.S. infrastructure improvement and bipartisan support for government funding.

IFRA: U.S. Infrastructure Is A Solid Bet, Just Not This ETF

GRID invests in companies within the electric infrastructure sector, with a focus on smart grid features and clean energy. GRID has strong growth prospects due to the surge in electricity demand and production from clean energy, EVs, and AI data centers. The fund has a reasonable valuation compared to the S&P 500 and offers a solid combination of growth prospects and valuation.

Invest In The Global Electric Energy Infrastructure Buildup With GRID

ALPS Clean Energy ETF

Proshares S&P Kensho Cleantech ETF

Defiance Next Gen H2 ETF

Global X Hydrogen ETF

Invesco Solar ETF

SPDR S&P Oil & Gas Exploration & Production ETF

Renewable energy ETFs are making a comeback after a dismal showing in the first half of the year. And much of the gains have been fueled by an unlikely source – the rising tide of bullishness over artificial intelligence.

Renewable Energy ETFs Ride Wave of AI Optimism

Infrastructure funds experience the largest net inflow since June 2022 as copper prices rise and AI theme enters Utilities sector. GRID's price-to-earnings ratio is lofty, while its technical situation is robust. With a hold rating on this global cyclical ETF, I highlight key price levels to monitor as a bullish seasonal stretch continues.

GRID: A Powerful Rally, But Be Mindful Of Valuation And Concentration

iShares U.S. Basic Materials ETF

Invesco Dynamic Building & Construction ETF

The Infrastructure Investment and Jobs Act was passed in 2021, but most of the funding hasn't been spent yet. When that spending kicks in, it should benefit industrial, materials, and related companies.

The U.S. Is About to Spend Hundreds of Billions on Infrastructure: 3 ETFs to Reap the Benefits

Global X Artificial Intelligence & Technology ETF

ProShares Bitcoin Strategy ETF

Global X Robotics & Artificial Intelligence ETF

Amplify Seymour Cannabis ETF

AdvisorShares Pure US Cannabis ETF

AdvisorShares MSOS 2x Daily ETF

Roundhill Cannabis ETF

JPMorgan Sustainable Infrastructure ETF

iShares Emerging Markets Infrastructure ETF

AGF Global Infrastructure ETF

Invesco AI and Next Gen Software ETF

Legg Mason Global Infrastructure ETF

iShares Robotics & Artificial Intelligence Multisector ETF

Subversive Cannabis ETF

Amplify Alternative Harvest ETF

Amplify US Alternative Harvest ETF

FlexShares STOXX Global Broad Infrastructure Index Fund

First Trust Alerian US NextGen

Vaneck Green Infrastructure ETF

First Trust Nasdaq Artificial Intelligence & Robotics ETF

Robo Global Artificial Intelligence ETF

Cambria Cannabis ETF

ProShares DJ Brookfield Global Infrastructure ETF

Themes Generative Artificial Intelligence ETF

Wisdomtree Artificial Intelligence And Innovation Fund

AdvisorShares Pure Cannabis ETF 

ARK 21Shares Bitcoin ETF

Bitwise Bitcoin ETP Trust

2x Bitcoin Strategy ETF

Valkyrie Bitcoin Fund

Invesco Galaxy Bitcoin Etf

WisdomTree Bitcoin Fund

Franklin Bitcoin ETF

Fidelity Wise Origin Bitcoin Fund

VanEck Bitcoin Trust

iShares Bitcoin Trust

As the first quarter comes to a close, clearly, there have been some thematic winners in terms of flows and investment performance. Artificial Intelligence AI-themed ETFs remain among the top recipients of investor flows this year.

ETF Themes That Dominated in Q1 2023

First Trust Nasdaq Transportation ETF

Invesco DWA Technology Momentum ETF

SPDR S&P Kensho Final Frontiers ETF

SPDR S&P Semiconductor ETF

Wall Street delivered a mixed performance in the past six months. These five ETFs have lost in that time-frame (although the S&P 500 is up about 5.5%).

5 Top-Ranked Beaten-Down ETFs to Rebound in 2024

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund is a buy due to strong performance, expected growth in renewable energy infrastructure, and potential of its European holdings. The global renewable energy market is projected to grow, with significant investment in clean energy infrastructure in the European Union. GRID has outperformed peer ETFs with a 10-year CAGR of 11.69%, but has a relatively high expense ratio and lower dividend yield compared to other ETFs.

GRID: A Smart Choice For Taking Advantage Of Clean Infrastructure Growth

ARK Innovation ETF

SPDR S&P Global Natural Resources ETF

FlexShares Morningstar Global Upstream Natural Resources Index Fund

Global X Lithium & Battery Tech ETF

MSUS

Amplify Natural Resources Dividend Income ETF

iShares MSCI USA ESG Select ETF

Yieldmax Tsla Option Income Etf

To close out the year, I thought it would be interesting to see which thematic categories experienced the most inflows in 2023, demonstrating proverbially “where the puck was going.” This data, sourced from Bloomberg and VettaFi's internal data, is interesting because it does not necessarily align with performance.

Disruptive Tech Theme of the Week: Top Thematic ETF Flows 2023

ARK Genomic Revolution Multi-Sector ETF

Amplify Lithium & Battery Technology ETF

Proshares Bitcoin & Ether Strategy Etf

Global X Blockchain ETF

Bitwise Bitcoin And Ether Equal Weight Strategy Etf

VanEck Vectors Digital Transformation ETF

Dimensional US Core Equity 2 ETF

Global X Funds - Global X E-commerce ETF

Global X Telemedicine & Digital Health ETF

Vaneck Ethereum Strategy Etf

Amplify Emerging Markets FinTech ETF

AB Disruptors ETF

The Goldman Sachs Future Tech Leaders Equity ETF

ROBO Global Healthcare Technology and Innovation ETF

iShares Genomics Immunology and Healthcare ETF

Pacer Benchmark Industrial Real Estate SCTR ETF

JPMorgan Equity Premium Income ETF

Global X PropTech ETF

Good Morning, VettaFi Voices! Disruptive innovation is a popular topic, and it encompasses everything from bitcoin and cryptocurrency to electric vehicles to artificial intelligence.

VettaFi Voices On: Accessing Disruptive Innovation

Janus Henderson Small Cap Growth Alpha ETF

 Invesco S&P SmallCap Consumer Discretionary ETF

SPDR S&P Transportation ETF

After the third consecutive monthly loss since the onset of the COVID pandemic in March 2020, Wall Street staged a solid comeback at the start of November.

5 Top-Ranked Beaten-Down ETFs to Buy

First Trust NASDAQ® Clean Edge® Smart Grid Infrastructure Index Fund ETF provides investment opportunities in companies involved in the electric grid and smart grid infrastructure sector. The GRID ETF follows specific criteria for inclusion in its index, including being recognized as a smart grid or electric infrastructure company. While the GRID ETF has performed in line with the broader equity market, the projected growth in the electric power transmission and distribution equipment market presents a significant opportunity for investors.

GRID: A Good Theme But No Real Outperformance (Yet)

SPDR S&P Biotech ETF

The beaten-down prices offer a solid buying opportunity for investors. We have highlighted five ETFs from different corners that have declined over the past three months but have a solid Zacks ETF Rank #1 (Strong Buy) or 2 (Buy).

5 Beaten-Down ETFs to Buy Now

GRID: Excellent Smart Grid ETF For The Global Electrification Theme

First Trust RBA American Industrial Renaissance ETF

Goldman Sachs Bloomberg Clean Energy Equity ETF

Tema American Reshoring ETF

VanEck Vectors Semiconductor ETF

iShares PHLX Semiconductor ETF

Circumnavigate the transformative path of Bidenomics -- the Presidential economic strategy -- seeking to reshape the U.S. economy in favor of the environment, labor, and manufacturing revival.

Bidenomics Divulged: ETFs in Focus

Communication Services Select Sector SPDR Fund

Consumer Discretionary Select Sector SPDR Fund

The U.S. stock market has been enjoying a huge rally this year, with the S&P 500 Index riding its longest winning streak since November 2021.

5 Top-Ranked ETFs That Crushed S&P 500 in First Half

BYD Company Limited

BYD Co Ltd

Element EV Solar and Battery Materials Lithium Nickel Copper Cobalt Futures ETF

Energizer Holdings

Proshares S&P Global Core Battery Metals ETF

Largo Resources LTD

NextEra Energy

Siemens AG

Vistra Energy

Volkswagen AG

WisdomTree Battery Value Chain and Innovation Fund

Electrovaya Inc

Stationary energy storage is booming, led by Tesla. Global stationary energy storage is forecast to double in 2023. Tesla Master Plan 3 says the world will need ~120 TWh of stationary energy storage for a 100% renewable energy world. That's about a 1,200x increase on today's level. How to invest into the stationary energy storage boom.

Stationary Energy Storage Is Set For Insane Growth - How To Invest Into This Boom

The Smart Grid represents the modernization of electrical power networks by incorporating new technologies. First Trust NASDAQ® Clean Edge® Smart Grid Infrastructure Index Fund ETF has outperformed peers over the past year through a unique portfolio composition.

GRID: Smart Grid Captures Themes In Clean Energy And Disruptive Technology

GRID provides exposure to companies that are engaged and involved in the electric grid, electric meters, and devices, networks, energy storage and management, and related software used by the smart grid infrastructure. In order to meet Net Zero Emissions by 2050, more than $600 billion will have to be invested annually in the world's electricity grids. This should benefit the GRID ETF.

GRID: Investment Theme For The Next Decade

News for First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund ETF (GRID)