The Nasdaq OMX Clean Edge Smart Grid Infrastructure Index (QGRD) is designed to act as a transparent and liquid benchmark for the smart grid and electric infrastructure sector. The Index includes companies that are primarily engaged and involved in electric grid; electric meters, devices, and networks; energy storage and management; connected mobility; and enabling software used by the smart grid and electric infrastructure sector (including both pure play companies focused on the smart grid sector and diversified multinationals with smart grid sector exposure).
An exchange traded fund, GRID, is based on the Nasdaq Clean Edge Smart Grid Infrastructure Index and is sponsored by First Trust Advisors L.P. See index components and learn more about our methodologies, up-to-date performance, and licensed products below.
Click above to access the Nasdaq Clean Edge Green Energy Index (CELS) Fact Sheet.
Clean Edge Smart Grid Infrastructure Index Components (Last updated September 2024)
| Ticker | Name |
|---|---|
| ABBN | ABB |
| AEIS | Advanced Energy Industries |
| 2395 | Advantech |
| AES | AES Corporation |
| ALFEN | Alfen Beheer |
| 1514 | Allis Electric Co., Ltd. |
| ALUP11 | Alupar Investimento SA |
| AMSC | American Superconductor Corp |
| ADI | Analog Devices |
| APTV | Aptiv |
| ACA | Arcosa |
| ATKR | Atkore, Inc. |
| AZZ | AZZ Incorporated |
| BDC | Belden |
| 1211 | BYD |
| EBR | Centrais Eléctricas Brasileiras SA - Electrobras |
| 1513 | Chung-Hsin Electric & Machinery Mfg. Corp. |
| CSCO | Cisco |
| TRPL4 | Companhia de Transmissão de Energia Elétrica Paulista |
| CPLE6 | Companhia Paranaense de Energia – COPEL |
| 6622 | Daihen Corporation |
| DGII | Digi International |
| EOAN | E.ON SE |
| ETN | Eaton |
| EDP | EDP-Energias de Portugal S.A. |
| ELI | Elia Group |
| EMR | Emerson Electric Co |
| ENEL | Enel SPA |
| ENS | EnerSys |
| ENGI | Engie |
| ENPH | Enphase Energy |
| EQTL3 | Equatorial Energia S.A. |
| ESE | ESCO Technologies |
| FLNC | Fluence Energy, Inc. |
| FTS | Fortis, Inc. |
| 1519 | Fortune Electric Co., Ltd. |
| GEV | GE Vernova, Inc. |
| GNRC | Generac Holdings |
| ENGI11 | Grupo Energisa S.A. |
| 6674 | GS Yuasa Corporation |
| HPS.A | Hammond Power Solutions, Inc. |
| 267260 | HD Hyundai Electric |
| 6501 | Hitachi |
| HON | Honeywell International |
| HUBB | Hubbell, Inc. |
| H | Hydro One Ltd. |
| 298040 | Hyosung Heavy Industries Corp. |
| IBE | Iberdrola S.A. |
| IBM | IBM |
| 103590 | Iljin Electric Co. Ltd |
| IFX | Infineon Technologies AG |
| ITRI | Itron, Inc. |
| JCI | Johnson Controls International PLC |
| LAND | Landis & Gyr |
| LFUS | Littelfuse, Inc. |
| 10120 | LS Electric Co., Ltd. |
| MTZ | MasTec, Inc. |
| 6508 | Meidensha Corp |
| MYRG | MYR Group, Inc. |
| NG | National Grid |
| NEX | Nexans S.A. |
| 5333 | NGK Insulators |
| NKT | NKT A/S |
| NVT | nVent Electric PLC |
| NVDA | Nvidia |
| NXPI | NXP Semiconductors |
| ORCL | Oracle |
| 6644 | Osaki Electric Co., Ltd. |
| 6752 | Panasonic |
| PLPC | Preformed Line Products Co. |
| PRY | Prysmian |
| QCOM | QUALCOMM, Inc. |
| PWR | Quanta Services |
| RED | Redeia |
| RENE | Redes Energéticas Nacionais, SGPS, S.A. |
| 6723 | Renesas Electronics Corp. |
| 6400 | Samsung SDI Co Ltd |
| SU | Schneider Electric |
| 1503 | Shihlin Electric & Engineering Corp. |
| SIE | Siemens AG |
| S92 | SMA Solar Technologies |
| SEDG | SolarEdge Technologies, Inc |
| SPIE | SPIE S.A. |
| SSE | SSE PLC |
| SJ | Stella Jones |
| STM | STMicroelectronics – ADR |
| 5802 | Sumitomo Electric Industries, Ltd. |
| 1609 | Ta Ya Electric Wire & Cable Co., Ltd. |
| 1440 | Taihan Electric Wire Co., Ltd. |
| 6617 | Takaoka Toko CO LTD |
| TRN | Terna SPA |
| TSLA | Tesla |
| TXN | Texas Instruments Inc. |
| TAEE11 | Transmissora Alianca de Energia Elétrica S.A. |
| TRMB | Trimble Inc. |
| VMI | Valmont Industries |
| VER | Verbund AG |
| 6409 | Voltronic Power Technology Corp. |
| 3393 | Wasion Holdings Ltd. |
| WEGE3 | WEG S.A. |
| WCC | Wesco International |
| WLDN | Wildan Group Inc. |
Click above to access an overview of all QGRD Index constituents.
Nasdaq OMX Clean Edge Smart Grid Infrastructure Index Semi-Annual Changes
As a result of the September 2024 evaluation and/or intraquarterly changes, the following securities were most recently added or removed from the index:
Additions: GE Vernova, Inc. (New York: GEV) and Shihlin Electric & Engineering Corp.
Deletions: GE Aerospace (New York: GE)
Historical changes are available here.
Clean Edge Smart Grid Infrastructure Index Performance
Historical index performance is available here.
Clean Edge Smart Grid Infrastructure Index Methodologies
Index Calculation
The Nasdaq OMX Clean Edge Smart Grid Infrastructure Index (QGRD) began on September 22, 2009, at a base value of 250.00. Click here to learn more.
Eligibility Criteria
To be included in the Index, a security must meet the following criteria (see complete list of index screens by clicking on the Methodology link below):
- the issuer of the security must be classified as a smart grid, electric infrastructure, EV network, smart building, software, and/or other grid related activities company according to Clean Edge;
- the security must be listed on an index-eligible global stock exchange approved by the Index Administrator
The component securities are classified as Pure Play or Diversified. Pure Play securities are given a collective weight of 80% and the diversified securities are given a collective weight of 20% in the Index.
- Pure Play (must receive a significant portion of revenue from smart grid and grid infrastructure activities)
- Diversified (must have activities that contribute to broader grid modernization and smart grid market)
QGRD is the world’s first exchange-listed index to track smart grid and electric infrastructure companies. Our goal is to act as a transparent and liquid benchmark for companies active in this sector.
Click above to access detailed QGRD index methodology information.
Nasdaq OMX Clean Edge Smart Grid Infrastructure Index (QGRD) constituents must pass a rigorous screening test:
- Must be listed on eligible exchange
- Must have a minimum float-adjusted worldwide market capitalization of $100 million
- Must have a minimum three-month average daily dollar trading volume of $500 thousand
- Must pass qualitative criteria established by Clean Edge
Clean Edge Smart Grid Infrastructure Financial Products
The First Trust Nasdaq Clean Edge Smart Grid Infrastructure Index Fund (GRID) is based on the Nasdaq OMX Clean Edge Smart Grid Infrastructure Index (QGRD) and is sponsored by First Trust.
Disclaimer:
Nasdaq® is a registered trademark of Nasdaq, Inc. and Clean Edge® is a registered trademark of Clean Edge, Inc. The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Neither Nasdaq, Inc. nor Clean Edge, Inc. nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding Nasdaq-listed or other publicly listed companies or Nasdaq Clean Edge proprietary indexes are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.