What is the First Trust water ETF?
Investment Objective/Strategy - The First Trust Water ETF is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before fees and expenses, of an equity index called the ISE Clean Edge Water Index.
How much of the fund will be invested in index funds?
The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depositary receipts that comprise the index.
Why are water ETFs so popular right now?
The sector is closely linked with the broader economy, and industrial stocks tend to drop dramatically during periods of economic turmoil. Domestic water ETFs have been hydrated by the infrastructure bill’s focus on upgrading the nation’s water systems. Plus, additional ETF changes and the launch of two more actively managed ETFs.
What is the ETF database?
ETF Database analysts have a combined 50 years in the ETF and Financial markets, covering every asset class and investment style. The team monitors new filings, new launches and new issuers to make sure we place each new ETF in the appropriate context so Financial Advisors can construct high quality portfolios.
Is FIW ETF a good buy?
The First Trust Water ETF invests in the companies involved in the potable and wastewater industries. The fund has returned 30%+ over the past year - slightly better than the returns of the S&P 500. However, over the past 10 years, FIW has significantly outperformed the S&P 500.
Are there water ETFs?
Water exchange-traded funds (ETFs) have underperformed the broader market in the past year. The water ETFs with the best one-year trailing total returns are CGW, EBLU, and FIW. The top holdings of these ETFs are American Water Works Co. Inc., Ferguson Plc, and AECOM, respectively.
How many water ETFs are there?
6 ETFsWater ETF Overview With 6 ETFs traded on the U.S. markets, Water ETFs have total assets under management of $3.92B.
What is the best water ETF?
7 best water stocks and ETFs to buy now:Essential Utilities (WTRG)Xylem Inc. (XYL)American Water Works Co. Inc. (AWK)Primo Water Corp. (PRMW)Invesco S&P Global Water Index ETF (CGW)First Trust Water ETF (FIW)Invesco Water Resource ETF (PHO)
Is there a water index fund?
As the name implies, the Invesco S&P Global Water Index gives you more international exposure and is based on the S&P Global (NYSE:SPGI) Water Index. The fund aims to invest at least 90% of its total assets in securities tracking that index.
Is water stock a good investment?
Whatever happens, demand for the resource is increasing while the supply is limited. That means now is a great time to consider investing in water stocks since water technology is advancing and the challenge of the climate crisis is likely to spawn further innovations.
How do I invest in water stocks?
Water stocks are stocks of companies whose business is closely tied to irrigation, utilities, water treatment, or other water-related industries. One can invest in these by buying the stocks of individual companies, or by investing in a mutual fund or ETF with high exposure to water stocks.
Will water stocks go up?
4 Water Stocks and ETFs for Beating the Market The other two are ETFs whose holdings include some of the top water stocks from around the world. All of them are growing; the two water stocks are expected to grow revenues by an average of 9+% in 2022 despite disruptions to business from the ongoing COVID-19 pandemic.
About First Trust Water ETF
The investment seeks 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. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depositary receipts that comprise the index.
Rankings
U.S. News evaluated 38 Natural Resources ETFs and 21 make our Best Fit list. Our list highlights the best passively managed funds for long-term investors. Rankings are assigned based on comparisons with Best Fit funds in this category.
Geographic Breakdown
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