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First Trust Water ETF (FIW)

108.58 +1.39 (+1.30%)
At close: November 21 at 4:00 PM EST

ETF Summary

The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index. The index is designed to track the performance of small, mid and large capitalization companies that derive a substantial portion of their revenues from the potable water and wastewater industry, according to Clean Edge.

Risk Overview

Performance & Risk

YTD Return 15.03%
5y Average Return 14.52%
Rank in Category (ytd) --
% Rank in Category (ytd) --
Beta (5Y Monthly) 1.17
Morningstar Risk Rating --

Risk Statistics

3 Years5 Years10 Years
FIWCategory AverageFIWCategory AverageFIWCategory Average
Alpha 0.68 -0.66 2.2 0.59 3.58 -3.3
BETA 1.17 1.06 1.05 1.18 1.04 1.2
Mean Annual Return 0.65 0.52 1.23 1.2 1.14 0.68
R-squared 79.78 59.1 80.66 68.15 74.77 64.33
Standard Deviation 21.44 23.28 20.39 25.41 17.74 22.74
Sharpe Ratio 0.18 0.09 0.6 0.45 0.67 0.29
Treynor Ratio 1.51 0.02 10.4 7.68 10.63 3.24

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