Electric Energy Infrastructure vs the S&P 500 (GRID): is it outperforming?
Over the past month, GRID has outperformed the S&P 500 by 0.0 points. Here is where that puts it in the sector rotation — updated daily.
Where GRID sits on the rotation map
Electric Energy Infrastructure highlighted against the 11 broad S&P 500 sectors. Vertical: 1-month spread vs the S&P 500. Horizontal: the longer, time-shifted window — the methodology explains the math.
GRID vs SPY: head-to-head returns
GRID (electric energy infrastructure) and SPY (the S&P 500) side by side over every window Zensei tracks. The spread is the difference — positive means GRID won that window.
Data as of 2026-08-28 · computed from daily adjusted closes · how we measure
The read
Electric Energy Infrastructure (GRID) has just turned the corner. Over the longer, time-shifted window it trailed the S&P 500 by 8.5 points, but over the past month it has moved narrowly ahead of the market — a 0.0-point edge that puts it in the Emerging quadrant. Ranked by one-month spread, it currently stands #54 of the 115 groups Zensei tracks.
On the shorter tape, GRID's momentum is weakening: the intraday trend that carried the move is cooling across the shorter windows. GRID's relative-strength line has broken below its long-term average — the long-term outperformance trend is no longer intact. Both signals point the same direction here: the market is not rewarding this group on either horizon.
The exposure comes via First Trust NASDAQ Clean Edge Smart Grid Infrastructure ETF, whose 44 tracked holdings are led by EATON CORP PLC, n/a and QUANTA SERVICES INC. Weighted by portfolio, the fund's holdings trade at roughly 54.2× earnings and 5.5× sales. The thing to watch from here is confirmation: emerging groups that hold a positive one-month spread long enough for the longer window to turn are the classic early-rotation entries — the ones that fail fall back quickly.
What's inside GRID
Top 5 of 44 tracked holdings, by portfolio weight.
Electric Energy Infrastructure vs the market — common questions
Is electric energy infrastructure outperforming the S&P 500?
Right now, yes: over the past month GRID has outperformed the S&P 500 by 0.0 points. This page updates daily, so the answer reflects current market data rather than a dated article.
What is GRID?
GRID is First Trust NASDAQ Clean Edge Smart Grid Infrastructure ETF, the fund Zensei uses to measure the electric energy infrastructure group against the S&P 500 benchmark (SPY).
Which stocks are in GRID?
GRID's largest tracked positions are EATON CORP PLC, n/a, QUANTA SERVICES INC, NVENT ELECTRIC PLC, HUBBELL INC — 44 holdings in total. The full list, with each stock measured against the group, is part of Zensei Premium.
What quadrant is electric energy infrastructure in right now?
As of the latest daily data, electric energy infrastructure is in the Emerging quadrant — behind the market over the longer window, but ahead over the past month. The quadrant rules are documented on the Zensei methodology page.
Related sectors
Track electric energy infrastructure against the whole market
Zensei Edge maps 100+ sectors and themes against the S&P 500 — with the stocks inside each one, rotation history and alerts when leadership changes hands.