FIW

First Trust Water ETF

$110.53

+0.00%

Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The First Trust Water ETF (FIW) seeks to provide investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the ISE Clean Edge Water Index.

Overview

ETF tracking First Trust Water ETF

Category Utilities

Issuer First Trust

Inception Date 2007-05-11

Market Cap $1.9B

Average Volume N/A

Dividend Yield 0.72%

52-Week Range $90.26 - $115.70

VWAP $110.88

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund invests at least 90% of its net assets in the common stocks and depositary receipts that comprise the ISE Clean Edge Water Index. The index is designed to track the performance of companies that are actively engaged in the water industry, including water treatment, water infrastructure, and water utilities.

✨ Key Features

Provides exposure to companies involved in the water industry, including water treatment, infrastructure, and utilities
Tracks the ISE Clean Edge Water Index, which is designed to measure the performance of such companies
Low expense ratio of 0.00%
Relatively new fund with limited performance history

⚠️ Primary Risks

Concentration risk as the fund is focused on the water industry
Potential volatility due to the specialized nature of the underlying companies
Limited diversification outside of the water sector
Lack of long-term performance history to evaluate the fund's track record

👤 Best For

The First Trust Water ETF may be suitable for investors seeking exposure to the water industry as part of a diversified portfolio. It may be of particular interest to investors with a long-term investment horizon who are comfortable with the risks associated with a sector-focused fund.