First Trust Water ETF (FIW)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
First Trust Water ETF (FIW) trades at $109.28 with AI Score 46/100 (Grade C). First Trust Water ETF (FIW) aims to replicate the ISE Clean Edge Water Index. The ETF provides investors exposure to companies involved in water-related industries. Market cap: $1.77B, Sector: Financial services.
Price live · AI analysis from May 31, 2026Analyst Coverage for FIW: FIW does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates FIW against Financial Services peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
FIW: the 1 perspectives are evenly split.
How is this calculated? →First Trust Water ETF (FIW) Financial Services Profile
First Trust Water ETF (FIW) is an exchange-traded fund seeking to mirror the ISE Clean Edge Water Index, offering investors targeted exposure to companies in the water industry. With a focus on clean edge water technologies, FIW provides a specialized investment vehicle within the broader asset management landscape, maintaining a beta of 1.09.
What Is the Investment Thesis for FIW?
The First Trust Water ETF (FIW) presents an investment opportunity centered on the growing global demand for clean and sustainable water solutions. As populations increase and water resources become scarcer, companies involved in water purification, conservation, and infrastructure are poised for growth. FIW's strategy of tracking the ISE Clean Edge Water Index allows investors to capitalize on this trend. Key value drivers include the increasing adoption of advanced water technologies and supportive government regulations. However, potential risks include fluctuations in market sentiment and the performance of individual holdings within the ETF. With a beta of 1.09, FIW exhibits market-correlated volatility.
Based on FMP financials and quantitative analysis
FIW Key Highlights
- The First Trust Water ETF (FIW) has a market capitalization of $1.77B, reflecting its significant presence in the water sector.
- FIW aims to replicate the ISE Clean Edge Water Index, providing targeted exposure to water-related companies.
- The ETF's holdings span across various market capitalizations and geographies, offering diversification within the water sector.
- FIW operates as an exchange-traded fund, offering transparency and ease of trading for investors.
- FIW does not offer a dividend yield, focusing instead on capital appreciation through its underlying holdings.
Who Are FIW's Competitors?
FIW is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| CGW Invesco S&P Global Water Index ETF | $65.86 | +0.08% | $998.47M | 46 |
| PIO Invesco Global Water ETF | $45.58 | +0.14% | $269.88M | 46 |
| NXDT NexPoint Diversified Real Estate Trust | $5.53 | +3.08% | $285.77M | 73 |
| GENB Generate Biomedicines, Inc. | $17.03 | -2.18% | $2.18B | 72 |
| SII Sprott Inc. | $118.11 | +2.72% | $3.05B | 71 |
| TPZ Tortoise Electrification Infrastructure ETF | $21.82 | +0.74% | $128.52M | 70 |
| STEX Streamex Corp. (STEX) is focused on real-world asset tokenization, particularly integrating the gold and commodities market into blockchain technology. The company | $1.09 | +12.29% | $43.15M | 62 |
| DIAX Nuveen Dow 30 Dynamic Overwrite Fund | $14.10 | -0.91% | $512.77M | 62 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are FIW's Key Strengths?
- Targeted exposure to the growing water sector.
- Diversified portfolio of water-related companies.
- Liquidity and transparency as an ETF.
- Alignment with sustainable investing trends.
What Are FIW's Weaknesses?
- Concentration in a specific sector, increasing risk.
- Vulnerability to market fluctuations.
- Reliance on the performance of underlying holdings.
- No dividend yield.
What Could Drive FIW Stock Higher?
- Increased government spending on water infrastructure projects.
- Growing adoption of water-efficient technologies in agriculture and industry.
- Rising demand for clean water in urban areas due to population growth.
- Development and deployment of innovative water purification solutions.
What Are the Key Risks for FIW?
- Economic slowdown impacting industrial water demand.
- Regulatory changes affecting water usage and pricing.
- Climate change leading to water scarcity and droughts.
- Competition from alternative water sources and technologies.
What Are the Growth Opportunities for FIW?
- Increased Investment in Water Infrastructure: Governments and municipalities worldwide are increasing investments in water infrastructure to address aging systems and growing populations. This trend benefits companies involved in water treatment, distribution, and monitoring, driving demand for their products and services. The global water infrastructure market is projected to reach $800 billion by 2028, creating significant opportunities for FIW's underlying holdings. Ongoing:
- Adoption of Advanced Water Technologies: The adoption of advanced water technologies, such as desalination, water reuse, and smart water management systems, is accelerating due to increasing water scarcity and environmental concerns. Companies developing and deploying these technologies are experiencing rapid growth, contributing to the potential appreciation of FIW's portfolio. The market for advanced water technologies is expected to reach $20 billion by 2027. Ongoing:
- Growing Demand for Clean Water in Emerging Markets: Emerging markets are facing significant challenges related to water scarcity and pollution, driving demand for clean water solutions. Companies involved in water purification, sanitation, and wastewater treatment are expanding their presence in these markets, creating growth opportunities for FIW. The demand for clean water in emerging markets is projected to increase by 15% annually over the next five years. Ongoing:
- Supportive Government Regulations and Policies: Governments worldwide are implementing regulations and policies to promote water conservation, reduce pollution, and ensure access to clean water. These initiatives create a favorable environment for companies involved in water-related industries, driving demand for their products and services. Supportive policies include tax incentives for water-efficient technologies and mandates for water reuse. Ongoing:
- Increasing Focus on Sustainable Investing: Investors are increasingly incorporating environmental, social, and governance (ESG) factors into their investment decisions, driving demand for sustainable investment products. FIW's focus on water-related companies aligns with this trend, attracting investors seeking to allocate capital to environmentally responsible investments. The market for sustainable investments is projected to reach $50 trillion by 2025, creating a tailwind for FIW. Ongoing:
What Opportunities Does FIW Have?
- Increased investment in water infrastructure.
- Adoption of advanced water technologies.
- Growing demand for clean water in emerging markets.
- Supportive government regulations and policies.
What Threats Does FIW Face?
- Economic downturns impacting water-related industries.
- Changes in government regulations and policies.
- Increased competition from other water-focused ETFs.
- Fluctuations in commodity prices affecting water treatment costs.
What Are FIW's Competitive Advantages?
- First-mover advantage in offering a water-focused ETF.
- Brand recognition and reputation within the ETF market.
- Diversified portfolio of water-related companies.
- Liquidity and transparency as an exchange-traded fund.
What Does FIW Do?
The First Trust Water ETF (FIW) is designed to track the performance of the ISE Clean Edge Water Index, providing investors with a focused investment in the global water industry. Established to offer a targeted approach to investing in water-related companies, FIW includes firms involved in water purification, conservation, and distribution. The ETF operates by holding a portfolio of stocks that constitute the index, rebalancing periodically to maintain alignment. FIW's strategy centers on capturing the growth potential of companies addressing water scarcity and infrastructure challenges. The fund's holdings span across various market capitalizations and geographies, offering diversification within the water sector. FIW aims to provide a convenient and liquid way for investors to access this specialized market segment. As an ETF, FIW offers transparency and ease of trading, appealing to both institutional and retail investors looking to allocate capital to the water industry.
What Products and Services Does FIW Offer?
- Tracks the performance of the ISE Clean Edge Water Index.
- Provides investors with exposure to companies involved in the water industry.
- Invests in companies focused on water purification, conservation, and distribution.
- Offers a diversified portfolio of water-related stocks.
- Rebalances its holdings periodically to maintain alignment with the index.
- Provides a liquid and transparent way to invest in the water sector.
- Offers exposure to companies addressing water scarcity and infrastructure challenges.
How Does FIW Make Money?
- FIW generates revenue through management fees charged to investors.
- The ETF's performance is tied to the performance of its underlying holdings.
- FIW aims to provide capital appreciation through investments in water-related companies.
What Industry Does FIW Operate In?
The First Trust Water ETF (FIW) operates within the asset management industry, specifically targeting the water sector. The global water market is experiencing growth due to increasing demand for clean water, aging infrastructure, and growing environmental concerns. The competitive landscape includes other water-focused ETFs and mutual funds, each with varying investment strategies and expense ratios. FIW differentiates itself by tracking the ISE Clean Edge Water Index, which focuses on companies involved in clean water technologies and services. The ETF's performance is influenced by factors such as water scarcity, infrastructure investments, and regulatory policies.
Who Are FIW's Key Customers?
- Retail investors seeking exposure to the water sector.
- Institutional investors looking for a liquid and transparent investment vehicle.
- ESG-focused investors seeking sustainable investment options.
FIW Valuation & Market Position
Relative to its peer group, FIW's quantitative score of 46/100 is below the peer average of 62/100.
FIW Financials
Bull Case vs Bear Case
Bull Case
- Targeted exposure to the growing water sector.
- Diversified portfolio of water-related companies.
- Liquidity and transparency as an ETF.
- Alignment with sustainable investing trends.
Bear Case
- Concentration in a specific sector, increasing risk.
- Vulnerability to market fluctuations.
- Reliance on the performance of underlying holdings.
- No dividend yield.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · July 2026
FIW Latest News
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Blue Economy Meets AI: 4 Water ETFs in Spotlight This World Oceans Day
zacks.com · Jun 8, 2026
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Should You Invest in the First Trust Water ETF (FIW)?
zacks.com · Jun 3, 2026
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The $744 Billion Gap Nobody Is Pricing Into FIW And Why I'm Buying Against Wall Street
seekingalpha.com · May 15, 2026
FIW Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for FIW.
Price Targets
Wall Street price target analysis for FIW.
FIW MoonshotScore
What does this score mean?
The MoonshotScore rates FIW's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
FIW Financial Services Stock FAQ
What does First Trust Water ETF do?
The First Trust Water ETF (FIW) is an exchange-traded fund designed to track the performance of the ISE Clean Edge Water Index. It provides investors with targeted exposure to companies involved in the water industry, including those focused on water purification, conservation, and distribution. FIW offers a diversified portfolio of water-related stocks, allowing investors to capitalize on the growing global demand for clean and sustainable water solutions. The ETF operates by holding a basket of stocks that constitute the index, rebalancing periodically to maintain alignment and provide a liquid and transparent way to invest in the water sector.
What do analysts say about FIW stock?
Analyst consensus on First Trust Water ETF (FIW) generally reflects a positive outlook on the water sector due to increasing global demand for clean water and infrastructure. Key valuation metrics, such as price-to-earnings and price-to-book ratios, are often compared to broader market averages and industry peers to assess relative value. Growth considerations include the potential for increased government spending on water infrastructure projects and the adoption of advanced water technologies. Analysts also monitor the ETF's expense ratio and tracking error to ensure cost-effectiveness and alignment with the underlying index. The ETF's performance is influenced by factors such as water scarcity, infrastructure investments, and regulatory policies.
What are the main risks for FIW?
The main risks for First Trust Water ETF (FIW) include economic downturns impacting water-related industries, regulatory changes affecting water usage and pricing, and climate change leading to water scarcity and droughts. Additionally, increased competition from other water-focused ETFs and alternative water sources and technologies could pose challenges. The ETF's performance is also subject to market fluctuations and the performance of its underlying holdings. Investors should carefully consider these risks before investing in FIW, as they could impact the ETF's returns and overall investment strategy.
What are the key factors to evaluate for FIW?
First Trust Water ETF (FIW) holds an AI score of 46/100 (low). Not financial advice.
How frequently does FIW data refresh on this page?
FIW prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven FIW's recent stock price performance?
First Trust Water ETF (FIW) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Targeted exposure to the growing water sector. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider FIW overvalued or undervalued right now?
Valuing First Trust Water ETF (FIW) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying FIW?
Before investing in First Trust Water ETF (FIW), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- The information provided is based on publicly available data and is intended for informational purposes only.
- Investment decisions should be made based on individual circumstances and consultation with a qualified financial advisor.