FIW
First Trust Water ETF
First Trust ISE Water Index Fund seeks investment results that correspond to the ISE Water Index.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 1.8 B
ASSETS UNDER MGMT
53 bp
EXPENSES
Fund Basics
| Inception date | May 08, 2007 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| WATERS CORP | 5.3 % |
| AGILENT TECHNOLOGIES INC | 4.9 % |
| MUELLER INDUSTRIES INC | 4.2 % |
| ROPER TECHNOLOGIES, INC. | 4.1 % |
| AMERICAN WATER WORKS CO INC | 4.0 % |
| IDEX CORP | 3.9 % |
| FERGUSON ENTERPRISES INC | 3.8 % |
| MASCO CORP | 3.8 % |
| IDEXX LABORATORIES INC | 3.8 % |
| XYLEM INC | 3.7 % |
Constituent Breakdown
| Number of holdings | 37 |
| Herfindahl-Hirschman Index | 315 |
| Wgt avg mkt cap (mns) | $17,966 |
| Large cap (>$10bn) | 59.3% |
| Mid cap ($2-10bn) | 31.1% |
| Small cap (<$2bn) | 2.6% |
| Developed mkts. | 98.4% |
| Emerging mkts. | 1.4% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 90.8 % |
 |
CANADA | 4.5 % |
 |
BRITAIN | 3.1 % |
 |
BRAZIL | 1.3 % |
Historical Performance
Standardized Performance (as of 05/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -4.5% | -1.8% | 0.4% | 8.3% | 4.6% | 11.4% | -- | 9.0% |
| Dividend Yield | 0.2% | 0.7% | 0.7% | 0.8% | 0.7% | 0.8% | -- | 0.8% |
| Total Returns | -4.3% | -1.1% | 1.2% | 9.1% | 5.3% | 12.2% | -- | 9.8% | Ann. Volatility | 17.2% | 15.6% | 17.2% | 16.6% | 18.4% | 19.9% | -- | 22.8% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.85 | 41% |
| MSCI EAFE | 0.66 | 40% |
| MSCI Emg Mkts | 0.40 | 26% |
Liquidity Measures
| Avg. volume (000) | 72 |
| ADV traded (mns) | $7 |
| Turnover | 0.4% |
| Avg. Bid/Ask (% of price) | 0.10% |
Technical Indicators
| 30d moving avg. (EMA) | $104.08 |
| Relative strength (RSI) | 46 |
| MACD/Signal | -0.86/-1.13 |
| Bollinger Bands (Upper/Lower) | $108.00/$98.89 |
| Short interest (% of AUM) | 0.1% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. FIW |
Expenses vs. FIW |
ALTAR Score™ vs. FIW |
|---|---|---|---|---|
| PHO | Invesco Water Resources ETF | 67.5% | +7 bp | 0.0% |
| AQWA | Global X Clean Water ETF | 39.5% | -3 bp | -0.1% |
| CGW | Invesco S&P Global Water Index ETF | 38.9% | +4 bp | -0.6% |
| TBLU | Tortoise Global Water ESG ETF | 36.0% | -13 bp | -0.6% |
| PIO | Invesco Global Water ETF | 34.4% | +22 bp | -0.6% |
| EFRA | iShares Environmental Infrastructure and Industrials ETF | 29.4% | -6 bp | -0.1% |
| EBLU | Ecofin Global Water ESG Fund | 27.6% | -13 bp | -0.8% |
| EVX | VanEck Environmental Services ETF | 19.6% | +2 bp | -1.1% |
| SIMS | State Street SPDR S&P Kensho Intelligent Structures ETF | 18.5% | -8 bp | -0.8% |
| NVIR | Horizon Kinetics Energy and Remediation ETF | 13.3% | +32 bp | -0.2% |
Risk and Returns: FIW vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 6/3/2026
Peer Group Comparison
Sample data. Subscribe for access.
Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
5.8%
ALTAR SCORE™
60th
PERCENTILE
OVERWEIGHT
ETFRC RATING
There are 1,399 funds in the US Equity category with an average
ALTAR Score™ of 5.3% and a standard deviation
of 2.1%. FIW's ALTAR Score™ is approximately 0.3 standard
deviations above the category average. This places FIW in the 60th percentile
among funds in the category.
Sell-Side Consensus
$131.9
PRICE TARGET
+26.8%
UPSIDE