FIW ETF

Looking for broad exposure to the Industrials - Water segment of the equity market? You should consider the First Trust Water ETF (FIW), a passively managed exchange traded fund launched on 05/08/2007.

First Trust Water ETF provides exposure to companies in the freshwater treatment and distribution industry. The FIW ETF has a 5-year compounded annual return of 15.0%, outperforming the S&P 500 Index. However, its portfolio is currently trading at 29.3x P/E. While I like the water treatment and distribution investment theme, I am hesitant to invest at current valuations.

The First Trust Water ETF (FIW) was launched on 05/08/2007, and is a passively managed exchange traded fund designed to offer broad exposure to the Industrials - Water segment of the equity market.

The First Trust Water ETF holds 36 companies that derive a substantial portion of their revenues from the potable water and wastewater industry. Over the last two years, I have relied on fundamental analysis to justify not buying FIW. In previous reviews, I've noted issues with FIW's valuation, quality, and earnings momentum. FIW has shown improvement on these factors over the last year, and despite it offering solid growth potential, it trades at 23.25x earnings, a rich multiple for the Industrial sector.

For those looking for extensive exposure to the Industrials - Water sector in the stock market, consider the First Trust Water ETF (FIW), an exchange-traded fund that was launched on 05/08/2007 and is passively managed.

Looking for broad exposure to the Industrials - Water segment of the equity market? You should consider the First Trust Water ETF (FIW), a passively managed exchange traded fund launched on 05/08/2007.

Designed to provide broad exposure to the Industrials - Water segment of the equity market, the First Trust Water ETF (FIW) is a passively managed exchange traded fund launched on 05/08/2007.

First Trust Water ETF provides broad exposure to the water industry through a passively managed fund. Investing in water stocks is attractive due to growing demand, limited supply, infrastructure investment, regulatory factors, and diversification benefits. FIW has outperformed other water ETFs in terms of annualized returns and offers a favorable backdrop for investment in the water industry.

Launched on 05/08/2007, the First Trust Water ETF (FIW) is a passively managed exchange traded fund designed to provide a broad exposure to the Industrials - Water segment of the equity market.