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FIWvsCGWETF Comparison
First Trust ISE Water Index Fund ETF (FIW) and Invesco S&P Global Water Index ETF (CGW) belong to the same industry segment: Natural Resources. FIW's top 3 sector exposures are Industrials, Health Care and Utilities. In contrast, CGW's top sector exposures are Utilities, Industrials and Materials. FIW is less expensive with a Total Expense Ratio (TER) of 0.51%, versus 0.59% for CGW. FIW is down -1.81% year-to-date (YTD) with -$16M in YTD flows. CGW performs better with 2.74% YTD performance, and +$26M in YTD flows. Run a side-by-side ETF comparison of FIW and CGW below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
FIW vs CGW performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FIW CGW | -7.50%-4.11% | -2.86%+3.43% | -1.81%+2.74% | +3.99%+15.63% | +36.44%+43.52% | +43.37%+46.02% |
| Flows | FIW CGW | -$11M+$5M | -$11M+$26M | -$16M+$26M | +$14M-$2M | +$182M-$196M | +$663M-$81M |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FIW CGW | +15.56%+11.91% | +18.49%+14.02% | +16.42%+13.42% | +18.54%+15.49% |
| Max drawdown | FIW CGW | -7.93%-5.97% | -12.39%-9.57% | -18.25%-15.88% | -28.49%-32.65% |
| Max drawdown duration | FIW CGW | 47d12d | 52d42d | 238d140d | 710d862d |
FIW | CGW | |
Last sale 3/11/2026 at 1:30 PM | $106.43 | $64.46 |
| Previous close 03/10/2026 | $106.68 | $64.56 |
| Consolidated volume 03/10/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Create an account to view replication metrics
FIW | CGW | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
FIW | CGW | |
|---|---|---|
| Last price | $106.43 | $64.46 |
| 1D performance | -0.23% | -0.15% |
| AuM | $1.85 B | $1.03 B |
| E/R | 0.51% | 0.59% |
FIW | CGW | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | First Trust | Invesco |
| Benchmark | ISE Clean Edge Water Index | S&P Global Water Index |
| N° of holdings | 33 | 60 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | May 8, 2007 | May 14, 2007 |
| ESG | Yes | Yes |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the FIW and CGW ETFs performed in 2026?
As of March 10, 2026, FIW is down -1.81% year-to-date (YTD), while CGW has returned 2.74%. That puts CGW better performer ahead so far this year.
Which ETF is attracting more investor money: FIW or CGW?
Year-to-date, the FIW ETF saw -$16M in flows, compared to +$26M for CGW.
Which ETF is more volatile: FIW or CGW?
Over the past year, FIW had a volatility of 18.49%, while CGW experienced 14.02%.
Which ETF is bigger: FIW or CGW?
As of March 10, 2026, FIW holds $1.85 B in assets under management (AUM), while CGW manages $1.03 B.
What sectors do the FIW and CGW ETFs invest in?
FIW leans toward sectors like Industrials, Health Care and Utilities. Meanwhile, CGW focuses on Utilities and Industrials.
What are the top holdings of the FIW ETF and CGW ETF?
FIW top holdings include WATERS, US31488V1070 and MUELLER INDUSTRIES. CGW holds in its top three: COMPANHIA DE SANEAMENTO BASICO, XYLEM and AMERICAN WATER WORKS.
Which ETF is more diversified: FIW or CGW?
FIW holds 36 securities with 58.46% of its assets in the top 15. CGW has 62 securities and a top 15 weight of 68.4%.
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