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FIWvsGNRETF Comparison

ETF 1
FIW

First Trust ISE Water Index Fund ETF

This fund is part of
Natural Resources
-0.02%
Full FIW fund page
VS
ETF 2
GNR

SPDR S&P Global Natural Resources ETF

This fund is part of
Natural Resources
-0.02%
Full GNR fund page

First Trust ISE Water Index Fund ETF (FIW) and SPDR S&P Global Natural Resources ETF (GNR) belong to the same industry segment: Natural Resources. FIW's top 3 sector exposures are Industrials, Health Care and Utilities. In contrast, GNR's top sector exposures are Materials, Energy and Consumer Staples. FIW is more expensive with a Total Expense Ratio (TER) of 0.51%, versus 0.4% for GNR. FIW is down -4.12% year-to-date (YTD) with -$16M in YTD flows. GNR performs better with 18.63% YTD performance, and +$274M in YTD flows. Run a side-by-side ETF comparison of FIW and GNR below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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FIW vs GNR performance and flow charts

Performance

-8.0-6.0-4.0-2.00.02.04.0%Feb 12Feb 20Feb 27Mar 6

Cumulative Flows

-20 M-10 M0 M10 M20 M30 MFeb 12Feb 20Feb 27Mar 6

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Historic performance and flows
Data as of 03/12/2026
1M3MYTD1Y3Y5Y
Perf.
FIW
GNR
-7.57%+1.58%
-5.61%+20.43%
-4.12%+18.63%
+4.40%+45.36%
+33.47%+47.69%
+37.96%+69.72%
Flows
FIW
GNR
-$11M+$32M
-$11M+$351M
-$16M+$274M
+$14M+$812M
+$182M+$87M
+$663M+$1.82B
Volatility and drawdown
3M1Y3Y5Y
Volatility
FIW
GNR
+15.96%+18.80%
+18.51%+16.90%
+16.45%+15.73%
+18.56%+18.19%
Max drawdown
FIW
GNR
-10.10%-4.57%
-11.76%-14.74%
-18.25%-19.80%
-28.49%-25.18%
Max drawdown duration
FIW
GNR
49d10d
43d82d
238d457d
710d758d
Trading data

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FIW
GNR
Last sale
3/13/2026 at 3:09 PM
$104.11
$72.72
Previous close
03/12/2026
$104.17
$73.65
Consolidated volume
03/12/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of February 27, 2026
1-year trailing difference

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FIW
GNR
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 3/13/2026 at 3:09 PM
Live
Closed
FIW
GNR
Last price
$104.11
$72.72
1D performance
-0.06%
-1.26%
AuM$1.80 B$4.82 B
E/R0.51%0.4%
Characteristics
FIW
GNR
Management strategyPassivePassive
ProviderFirst TrustSPDR
BenchmarkISE Clean Edge Water IndexS&P Global Natural Resources Index
N° of holdings3377
Asset classEquitiesEquities
Trailing 12m distribution yield
Join
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Inception dateMay 8, 2007September 13, 2010
ESGYesNo
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Exposure

Countries

FIW
USA
90.39%
Other
9.61%
GNR
USA
37.95%
Canada
20.33%
United Kingdom
10.03%
Australia
7.88%
Other
23.82%

Sectors

FIW
Industrials
50.67%
Health Care
13.42%
Utilities
12.61%
Other
23.3%
GNR
Materials
50.77%
Energy
28.79%
Other
20.44%
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Diversification

FIW

Total weight of top 15 holdings out of 15

58.46%
GNR

Total weight of top 15 holdings out of 15

45.62%

Top 15 holdings

Data as of January 31, 2026
FIW
WATERS
4.95%
US31488V1070
4.40%
MUELLER INDUSTRIES
4.29%
AGILENT TECHNOLOGIES
4.29%
IDEX
4.26%
IDEXX LABORATORIES
4.18%
ECOLAB
4.10%
PENTAIR PLC
3.95%
XYLEM
3.93%
US92338C1036
3.76%
AMERICAN WATER WORKS
3.63%
STANTEC
3.22%
ADVANCED DRAINAGE SYSTEMS
3.19%
MASCO
3.18%
TETRA TECH
3.13%
GNR
NUTRIEN LTD
5.23%
EXXON
4.89%
BHP GROUP LTD
4.78%
SHELL PLC
4.21%
NEWMONT CORP
3.28%
TOTALENERGIES SE
2.86%
CHEVRON TEXACO
2.76%
UPM-KYMMENE OY
2.70%
AGNICO EAGLE MINES LTD
2.56%
CORTEVA INC
2.40%
FREEPORT-MCMORAN INC
2.30%
CA06849F1080
2.08%
US7594701077
1.93%
BP
1.89%
GLENCORE PLC
1.76%
Frequently asked questions about FIW and GNR

How have the FIW and GNR ETFs performed in 2026?

As of March 12, 2026, FIW is down -4.12% year-to-date (YTD), while GNR has returned 18.63%. That puts GNR better performer ahead so far this year.

Which ETF is attracting more investor money: FIW or GNR?

Year-to-date, the FIW ETF saw -$16M in flows, compared to +$274M for GNR.

Which ETF is more volatile: FIW or GNR?

Over the past year, FIW had a volatility of 18.51%, while GNR experienced 16.9%.

Which ETF is bigger: FIW or GNR?

As of March 12, 2026, FIW holds $1.80 B in assets under management (AUM), while GNR manages $4.82 B.

What sectors do the FIW and GNR ETFs invest in?

FIW leans toward sectors like Industrials, Health Care and Utilities. Meanwhile, GNR focuses on Materials and Energy.

What are the top holdings of the FIW ETF and GNR ETF?

FIW top holdings include WATERS, US31488V1070 and MUELLER INDUSTRIES. GNR holds in its top three: NUTRIEN LTD, EXXON and BHP GROUP LTD.

Which ETF is more diversified: FIW or GNR?

FIW holds 36 securities with 58.46% of its assets in the top 15. GNR has 89 securities and a top 15 weight of 45.62%.

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