Forget XLU. The Grid Fund Actually Powering the AI Boom Is Up 23% in 2026
The article highlights that the First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) has significantly outperformed the Utilities Select Sector SPDR Fund (XLU) in 2026, returning 23.41% compared to XLU's 7.03%. This is because GRID invests in equipment makers and contractors crucial for grid modernization and AI data centers, which are seeing direct capital expenditure, unlike regulated utilities that face slower approval processes. While GRID has a higher expense ratio and lower dividend yield, it offers a more direct play on the immediate AI power demand boom.























