FGRD.L is trading 3.1% higher today, rebounding from recent weakness as investors rotate back into infrastructure and grid modernization themes.
- The ETF tracks the Nasdaq Clean Edge Smart Grid Infrastructure index, providing heavy exposure to the industrials and utilities sectors.
- These sectors are positioned to benefit from increased infrastructure spending and defensive rotations amid macroeconomic uncertainty and rising energy prices.
- The move comes as geopolitical risks and inflation expectations drive demand for assets linked to energy grid resilience and modernization.