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GRIDvsPAVEETF Comparison

ETF 1
GRID

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund ETF

This fund is part of
Infrastructure
+0.26%
VS
ETF 2
PAVE

Global X U.S. Infrastructure Development ETF

This fund is part of
Infrastructure
+0.26%

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund ETF (GRID) and Global X U.S. Infrastructure Development ETF (PAVE) belong to the same industry segment: Infrastructure. GRID's top 3 sector exposures are Industrials, Utilities and Technology. GRID is more expensive with a Total Expense Ratio (TER) of 0.56%, versus 0.47% for PAVE. GRID is up 16.19% year-to-date (YTD) with +$5.83B in YTD flows. PAVE performs worse with 13.41% YTD performance, and +$2.43B in YTD flows. Run a side-by-side ETF comparison of GRID and PAVE below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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GRID vs PAVE performance and flow charts

Performance

-8.0-6.0-4.0-2.00.02.0%Aug 10Aug 17Aug 24Aug 31Sep 8

Cumulative Flows

-200 M-100 M0 M100 M200 M300 M400 MAug 10Aug 17Aug 24Aug 31Sep 8

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 09/10/2026
1M3MYTD1Y3Y5Y
Perf.
GRID
PAVE
-4.52%-7.84%
-1.94%-5.23%
+16.19%+13.41%
+21.27%+15.68%
+83.43%+75.64%
+91.61%+111.41%
Flows
GRID
PAVE
+$231M+$434M
+$1.32B+$674M
+$5.83B+$2.43B
+$7.60B+$2.79B
+$9.23B+$4.28B
+$9.78B+$4.48B
Volatility and drawdown
3M1Y3Y5Y
Volatility
GRID
PAVE
+26.01%+19.61%
+22.24%+20.57%
+20.04%+20.96%
+21.22%+22.07%
Max drawdown
GRID
PAVE
-14.52%-10.76%
-15.35%-11.91%
-19.82%-26.27%
-29.72%-26.27%
Max drawdown duration
GRID
PAVE
80d78d
122d59d
229d239d
570d239d
Trading data

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GRID
PAVE
Last sale
9/11/2026 at 1:30 PM
$180.78
$54.08
Previous close
09/10/2026
$177.24
$53.36
Consolidated volume
09/10/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of August 31, 2026
1-year trailing difference

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GRID
PAVE
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 9/11/2026 at 1:30 PM
Live
Closed
GRID
PAVE
Last price
$180.78
$54.08
1D performance
+2.00%
+1.35%
AuM$11.81 B$13.69 B
E/R0.56%0.47%
Characteristics
GRID
PAVE
Management strategyPassivePassive
ProviderFirst TrustGlobal X
BenchmarkNASDAQ OMX Clean Edge Smart Grid Infrastructure IndexIndxx U.S. Infrastructure Development Index
N° of holdings112-
Asset classEquitiesEquities
Trailing 12m distribution yield
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Inception dateNovember 16, 2009March 6, 2017
ESGYesNo
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Exposure

Countries

GRID
USA
24.41%
Ireland
17.14%
France
11.42%
Switzerland
10.25%
United Kingdom
7.17%
Other
29.61%
PAVE
Data will be available soon

Sectors

GRID
Industrials
65.23%
Utilities
17.56%
Technology
11.18%
Other
6.03%
PAVE
Data will be available soon

Diversification

GRID

Total weight of top 15 holdings out of 15

68.2%
PAVE
Data will be available soon

Top 15 holdings

Data as of July 31, 2026
GRID
Schneider Electric SE
9.27%
Eaton Corp. Plc
8.82%
Johnson Controls International Plc
8.32%
Quanta Services, Inc.
7.92%
ABB Ltd.
7.87%
National Grid Plc
4.25%
E.ON SE
4.10%
Prysmian SpA
3.52%
nVent Electric Plc
2.77%
Hubbell, Inc.
2.49%
NVIDIA Corp.
2.19%
TERNA Rete Elettrica Nazionale SpA
1.81%
Tesla, Inc.
1.69%
Cisco Systems, Inc.
1.65%
Hydro One Ltd.
1.53%
PAVE
Data will be available soon
Frequently asked questions about GRID and PAVE

How have the GRID and PAVE ETFs performed in 2026?

As of September 10, 2026, GRID is up 16.19% year-to-date (YTD), while PAVE has returned 13.41%. That puts GRID better performer ahead so far this year.

Which ETF is attracting more investor money: GRID or PAVE?

Year-to-date, the GRID ETF saw +$5.83B in flows, compared to +$2.43B for PAVE.

Which ETF is more volatile: GRID or PAVE?

Over the past year, GRID had a volatility of 22.24%, while PAVE experienced 20.57%.

Which ETF is bigger: GRID or PAVE?

As of September 10, 2026, GRID holds $11.81 B in assets under management (AUM), while PAVE manages $13.69 B.

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