First Trust Water ETF

Frequently Asked Questions About FIW

What does FIW invest in?

The First Trust Water ETF functions as an exchange-traded fund whose primary goal is to mirror the financial performance, in terms of both its market price and dividends generated, of the ISE Clean Edge Water Index. This objective is measured prior to the subtraction of any administrative charges or operating costs.

What is the expense ratio of FIW?

First Trust Water ETF (FIW) charges an expense ratio of 0.50%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FIW?

First Trust Water ETF (FIW) manages $1.89B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is FIW actively managed or an index fund?

FIW's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was FIW launched?

First Trust Water ETF (FIW) launched in May 2007 and is managed by First Trust.

How has FIW performed?

FIW's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.