GRID vs PAVE
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund compared with Global X U.S. Infrastructure Development ETF on yield, payout growth, payment schedule, cost and risk.
GRID
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
TTM yield · Quarterly
PAVE
Global X U.S. Infrastructure Development ETF
TTM yield · Semi-annual
Quick take
- GRID yields more today: 1.66% vs 0.37% (forward).
- GRID has grown its payout faster: 14.3%/yr vs 1.6%/yr over the last 5 years.
- GRID pays every quarter; PAVE pays twice a year.
- Over the last year GRID delivered the higher total return: +28.3% vs +18.8% (price change plus payouts).
- PAVE is cheaper to own: 0.47% vs 0.56% expense ratio.
- PAVE has the steadier distribution: consistency 60/100 vs 30/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | GRID | PAVE |
|---|---|---|
| Share price | $181.97 | $55.16 |
| TTM yield | 0.79% | 0.19% |
| Forward yield | 1.66% | 0.37% |
| Annual payout per share | $3.024 | $0.206 |
| Payment frequency | Quarterly | Semi-annual |
| Next ex-date | Sep 24, 2026 (est.) | Dec 28, 2026 (est.) |
| Expense ratio | 0.56% | 0.47% |
| 1-year payout growth | -4.5% | -58.6% |
| 5-year payout CAGR | +14.3% | +1.6% |
| Consecutive years of increases | 1 year | 0 years |
| Payout consistency (last 12) | 30/100 | 60/100 |
| 1-year total return | +28.3% | +18.8% |
| 1-year price return | +27.3% | +18.6% |
| Size (market cap / AUM) | 11.8B | 13.5B |
| Years paying | 16.7 | 8.7 |
| 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 | PAVE | |
|---|---|---|
| Shares | 55.0 | 181.3 |
| Income per year | $166 | $37 |
| Income per month (avg) | $14 | $3 |
At forward yields, before taxes. Model GRID · Model PAVE
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. |
| PAVE Dec 28, 2026 | Jan 11, 2027 | $0.103 | Est. |
| PAVE Jun 28, 2027 | Jul 12, 2027 | $0.103 | Est. |
Annual payouts per share
GRIDPAVE
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 PAVE?
GRID currently has the higher trailing yield: GRID yields 0.79% and PAVE yields 0.19%. Yield changes daily with price, so check the live figures above.
How often do GRID and PAVE pay?
GRID pays every quarter and PAVE pays twice a year. GRID's next ex-date is Sep 24, 2026 and PAVE's is Dec 28, 2026.
Which has grown its dividend faster, GRID or PAVE?
GRID has grown its payout faster: 14.3%/yr vs 1.6%/yr over the last 5 years.
Is GRID or PAVE better for income?
It depends on what you are optimising for. GRID and PAVE 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.