Clean Energy ETF Attracts Giant Investor Inflows: ESG Investing

Clean energy stocks have been generating enormous market gains, and no exchange-traded fund has benefited more than the First Trust Nasdaq Clean Edge Smart Grid Infrastructure Index Fund.

The fund (ticker: GRID) has attracted more than $3.1 billion since the start of the year, six times as much as the closest competing ESG-focused ETF. The inflows have boosted the fund’s assets under management to almost $9.8 billion, according to data compiled by Bloomberg.