First Trust Water ETF

FIW

Market cap $2B

First Trust Water ETF offers exposure to companies addressing global water scarcity, a critical issue driven by population growth and climate change. FIW stands out among water ETFs for its focus on potable and wastewater engineering, competitive returns, and strong liquidity. Top holdings, like WAT, A, FERG, and XYL, position FIW to benefit from rising demand for water infrastructure and technology solutions.

If you're interested in broad exposure to the Industrials - Water segment of the equity market, look no further than the First Trust Water ETF (FIW), a passively managed exchange traded fund launched on May 8, 2007.

FIW is comprised of 36 companies operating in the potable and wastewater industry. Its expense ratio is 0.51%, and the ETF has $1.92B in assets under management. FIW has outperformed the S&P 500 Index over the last decade, but it's struggled recently. My last analysis in November urged caution based on high valuation and weak earnings momentum. This article provides an update to those fundamentals and highlights how FIW's valuation has improved. With growth rates staying stable, FIW's forward P/E dropped by 6%.

The First Trust Water ETF (FIW) was launched on May 8, 2007, and is a passively managed exchange traded fund designed to offer broad exposure to the Industrials - Water segment of the equity market.

Designed to provide broad exposure to the Industrials - Water segment of the equity market, the First Trust Water ETF (FIW) is a passively managed exchange traded fund launched on 05/08/2007.

FIW is the top-performing water-themed ETF over the past decade, even rivaling the S&P 500 from the perspective of long-term returns. While water as an ETF theme is imperfect, FIW offers the purest economic exposure to the water sector available to investors. I rate FIW a hold, due to intrinsic challenges in capturing true water exposure, some poorly calibrated holdings, and more attractive long-term opportunities in other market sectors.

If you're interested in broad exposure to the Industrials - Water segment of the equity market, look no further than the First Trust Water ETF (FIW), a passively managed exchange traded fund launched on 05/08/2007.

Looking for broad exposure to the Industrials - Water segment of the equity market? You should consider the First Trust Water ETF (FIW), a passively managed exchange traded fund launched on 05/08/2007.

Launched on 05/08/2007, the First Trust Water ETF (FIW) is a passively managed exchange traded fund designed to provide a broad exposure to the Industrials - Water segment of the equity market.

Looking for broad exposure to the Industrials - Water segment of the equity market? You should consider the First Trust Water ETF (FIW), a passively managed exchange traded fund launched on 05/08/2007.