FIW

First Trust Water ETF
B

49
  • Overview
  • Efficiency
  • Tradability
  • Fit

FIW Fund Description

The First Trust Water ETF tracks an index of the 36 largest US-listed water companies, weighted equally within five tiers.

FIW Factset Analytics Insight

FIW holds 36 of the largest US-listed water companies, ranked by market cap and weighted equally within five tiers. Restricting the fund's selection universe to US-listed securities makes it a poor fit to our global benchmark. In addition, its tiered equal-weighting scheme boosts the weight of small- and micro-cap companies. That said, investors might like the fact that its tier-weighting scheme reduces concentration. Overall, the fund doesn't look much like our benchmark, but could appeal to those with a US mandate. FIW doesn't trade with a lot of volume, but spreads are typically manageable for smaller investors. Large investors should be aware that price impact is a concern for creates and redeems, although creation costs are low. Its reasonable fee is undercut by wobbly tracking, and investors may realize higher holding costs here.
FIW changed its name from First Trust ISE Water Index Fund to First Trust Water ETF on 12/14/2016. There is no impact to FIW's investment strategy.

FIW MSCI ESG Analytics Insight

The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of December 11, 2017 the First Trust Water ETF MSCI ESG Fund Quality Score is 4.80 out of 10.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. FIW ranks in the 70th percentile within its peer group and in the 27th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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FIW Summary Data

First Trust
05/08/07
Open-Ended Fund
0.57%
$295.04M
$891.33K
0.09%

FIW Portfolio Data

$10.43B
34.60
3.18
1.06%
12/21/17
36

FIW Index Data

Tiered
Market Cap
S&P Global Water Index

Related ETFs to FIW

CGW, PHO, PIO, TBLU, WTRX
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

FIW Portfolio Management

0.57%
-0.75%
-0.57%
-0.92%

FIW Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

FIW Fund Structure

Open-Ended Fund
No
Yes
100% / 0%
N/A
N/A
Low
Daily
Bats Book Viewer
TOP OF BOOK
SHARES/SIZEPRICE
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BIDS----
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LAST 10 TRADES
TIMEPRICESHARES
15:37:4547.9350
09:47:3448.0237
09:30:0048.1959
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Bats BZX Real-time Quote - 17:28:30
Daily Spread
Premium/Discount
Volume

FIW Factset Analytics Block Liquidity

As of 12/12/17
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of FIW. FIW is rated a 5 out of 5.

FIW Tradability

18,937
$891.33K
17,670
$824.16K
0.09%
$0.04
0.04%
0.27% / -0.17%
None
100.00%
50,000
0.35
0.02%
0.61%
469
$48.11
5

FIW Sector/Industry BreakdownView All

FIWSegment Benchmark
42.64% 53.43%
38.13% 21.98%
4.52% 11.77%
2.97% 7.44%
11.73% 5.39%

FIW Geographic Exposure

FIWSegment Benchmark
44.23% 98.32%
1.98% 1.68%
0.17% --
6.50% --
9.61% --
3.23% --
2.11% --
2.85% --
9.57% --

FIWSegment Benchmark
44.23% 98.32%
1.98% 1.68%
41.42% --
12.36% --
98.02% / 1.98% 98.32% / 1.68%

FIW Performance Statistics

0.51
1.08
1.04
1.08
0.53%
S&P Global Water Index

FIW MSCI ESG Ratings

4.80 / 10
69.68
27.30
3.63%
15.88%
137.46

FIW BENCHMARK COMPARISON

    FIW
    36 Holdings
    Segment Benchmark
    50 Constituents
    Shared Holdings
    25 (Count)
     
    36.82% (Weight)
FIWSegment Benchmark
27.15% 23.51%
61.22% 38.36%
11.17% 34.27%
0.46% 3.86%
2.38% 1.09%
-- Medium