GRID vs IPAV
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund compared with Global X Infrastructure Development ex-U.S. ETF on yield, payout growth, payment schedule, cost and risk.
GRID
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
TTM yield · Quarterly
IPAV
Global X Infrastructure Development ex-U.S. ETF
TTM yield · Semi-annual
Quick take
- GRID yields more today: 1.66% vs 1.40% (forward).
- GRID pays every quarter; IPAV pays twice a year.
- Over the last year GRID delivered the higher total return: +28.3% vs +18.8% (price change plus payouts).
- IPAV is cheaper to own: 0.55% vs 0.56% expense ratio.
- IPAV has the steadier distribution: consistency 57/100 vs 30/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | GRID | IPAV |
|---|---|---|
| Share price | $181.97 | $32.48 |
| TTM yield | 0.79% | 1.47% |
| Forward yield | 1.66% | 1.40% |
| Annual payout per share | $3.024 | $0.454 |
| Payment frequency | Quarterly | Semi-annual |
| Next ex-date | Sep 24, 2026 (est.) | Dec 27, 2026 (est.) |
| Expense ratio | 0.56% | 0.55% |
| 1-year payout growth | -4.5% | — |
| 5-year payout CAGR | +14.3% | — |
| Consecutive years of increases | 1 year | 1 year |
| Payout consistency (last 12) | 30/100 | 57/100 |
| 1-year total return | +28.3% | +18.8% |
| 1-year price return | +27.3% | +17.0% |
| Size (market cap / AUM) | 11.8B | 5.5M |
| Years paying | 16.7 | 1.7 |
| Sector / category | Infrastructure | Infrastructure |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| GRID | IPAV | |
|---|---|---|
| Shares | 55.0 | 307.9 |
| Income per year | $166 | $140 |
| Income per month (avg) | $14 | $12 |
At forward yields, before taxes. Model GRID · Model IPAV
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| GRID Sep 24, 2026 | Sep 29, 2026 | $0.756 | Est. |
| GRID Dec 24, 2026 | Dec 29, 2026 | $0.756 | Est. |
| GRID Mar 25, 2027 | Mar 30, 2027 | $0.756 | Est. |
| IPAV Dec 27, 2026 | Jan 10, 2027 | $0.227 | Est. |
| IPAV Jun 26, 2027 | Jul 10, 2027 | $0.227 | Est. |
Annual payouts per share
GRIDIPAV
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, GRID or IPAV?
IPAV currently has the higher trailing yield: GRID yields 0.79% and IPAV yields 1.47%. Yield changes daily with price, so check the live figures above.
How often do GRID and IPAV pay?
GRID pays every quarter and IPAV pays twice a year. GRID's next ex-date is Sep 24, 2026 and IPAV's is Dec 27, 2026.
Is GRID or IPAV better for income?
It depends on what you are optimising for. GRID and IPAV differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.