PortfolioMetrics

GRID vs. FDL - ETF Comparison

GRID - First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index

The First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index Fund invests in companies engaged in the 'smart grid' movement, which aims to upgrade America's electricity grid with 21st century technologies. The fund provides exposure to companies involved in maintaining and operating the electric grid, electric meters and devices, networks, energy storage and management, and enabling software used by the smart grid infrastructure sector.

FDL - First Trust Morningstar Dividend Leaders Index Fund

The First Trust Morningstar Dividend Leaders Index Fund (FDL) is an equity ETF that tracks the Morningstar Dividend Leaders Index, providing exposure to large-cap and mega-cap companies with a history of consistent and sustainable dividend payments. The fund's focus on dividend yield and value securities makes it an attractive option for investors seeking income generation and stability in their portfolios.

GRIDFDL
Fund NameFirst Trust Nasdaq Clean Edge Smart GRID Infrastructure IndexFirst Trust Morningstar Dividend Leaders Index Fund
Fund ProviderFirst TrustFirst Trust
IndexNASDAQ OMX Clean Edge Smart Grid Infrastr (TR)Morningstar Dividend Leaders Index
Asset ClassEquityEquity
ListingUS-listedUS-listed
Expense Ratio0.57%0.45%
Inception Date2009-11-172006-03-09
Number Of Holdings103102
RegionDeveloped MarketsUnited States
Investment StyleBlendBlend
Market CapBlendLarge-Cap
SectorUtilitiesUtilities
LeveragedNon-leveragedNon-leveraged
Invert Comparison

Select Timeframe

Key Metrics

Run the backtest to get the results

Performance Metrics

Run the backtest to get the results

Risk Metrics

Run the backtest to get the results

Detailed Returns

Run the backtest to get the results

Benchmark Comparison

Run the backtest to get the results

Key Metrics

Run the backtest to get the results

Performance Metrics

Run the backtest to get the results

Risk Metrics

Run the backtest to get the results

Detailed Returns

Run the backtest to get the results

Benchmark Comparison

Run the backtest to get the results

Performance Analysis

The performance analysis examines historical data to assess the returns of the investment strategy, including key metrics such as Cumulative returns, End of Year (EoY) returns, and risk-adjusted returns like the Sharpe ratio or the Sortino ratio.

Cumulative Returns

Run the backtest to get the results

End of Year Returns Table

Run the backtest to get the results

End of Year Returns

Run the backtest to get the results

Risk Analysis

The risk analysis refers to an assessment of potential negative events that could lead to a loss of capital. Conducting a risk analysis can help in deciding whether an investment should be made. This is done using risk metrics such as drawdowns, volatility and beta which reflect stakeholders' confidence in the consistency of an investment strategy.

Drawdowns

Run the backtest to get the results

Drawdowns Table

Run the backtest to get the results

Monte Carlo Simulation

The Monte Carlo simulation is a statistical method used to forecast portfolio returns by generating a wide range of potential outcomes through random sampling from historical asset price data. It helps investors assess the potential risk and return of a portfolio under various market conditions. The simulation takes into account the initial investment and optionally simulates cash flow scenarios like fixed contributions, fixed withdrawals, or percentage withdrawals.

IMPORTANT: The forecast generated through Monte Carlo simulations is purely hypothetical and does not guarantee future returns. Investment decisions should be made with consideration of various factors, and past performance is not indicative of future results.

Monte Carlo Metrics

Run the backtest to get the results

Simulated Portfolio Prices

Run the backtest to get the results