First Trust Water ETF (NYSE:FIW) 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. The index is designed to track the performance of small, mid and large capitalization companies that derive a substantial portion of their revenues from the potable water and wastewater industry, according to Clean Edge.
- Net Assets 1.04 Billions
- YTD Daily Total Return 23.80%
- Yield 0.45%
- Annual Expense Ratio 0.54%
- 23.80% YTD Daily Total Return
- 44.87% 1-Year Daily Total Return
- 21.98% 3-Year Daily Total Return
This $1.04 billion Invesco water exchange-traded fund is the largest and most liquid option out there for investors looking to play this corner of the stock market. The fund is comprised of just under 40 stocks, with its top holdings the $220 billion Danaher Corp., which provides diagnostic and purification technologies, and Roper Technologies Inc.
Top 10 Holdings (42.16% of Total Assets)
|Roper Technologies Inc||ROP||4.50%|
|IDEXX Laboratories Inc||IDXX||4.39%|
|Agilent Technologies Inc||A||4.38%|
|American Water Works Co Inc||AWK||3.93%|
|Essential Utilities Inc||WTRG||3.93%|
|A.O. Smith Corp||AOS||3.84%|