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AQWA vs. FIW
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between AQWA and FIW is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.9

Performance

AQWA vs. FIW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Clean Water ETF (AQWA) and First Trust Water ETF (FIW). The values are adjusted to include any dividend payments, if applicable.

15.00%20.00%25.00%30.00%35.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
17.00%
31.01%
AQWA
FIW

Key characteristics

Sharpe Ratio

AQWA:

0.46

FIW:

0.74

Sortino Ratio

AQWA:

0.73

FIW:

1.12

Omega Ratio

AQWA:

1.09

FIW:

1.13

Calmar Ratio

AQWA:

0.80

FIW:

1.35

Martin Ratio

AQWA:

1.99

FIW:

3.69

Ulcer Index

AQWA:

3.43%

FIW:

3.08%

Daily Std Dev

AQWA:

14.83%

FIW:

15.35%

Max Drawdown

AQWA:

-29.44%

FIW:

-52.75%

Current Drawdown

AQWA:

-8.02%

FIW:

-7.00%

Returns By Period

In the year-to-date period, AQWA achieves a 4.94% return, which is significantly lower than FIW's 9.27% return.


AQWA

YTD

4.94%

1M

-4.89%

6M

-0.56%

1Y

6.15%

5Y*

N/A

10Y*

N/A

FIW

YTD

9.27%

1M

-3.77%

6M

2.46%

1Y

10.05%

5Y*

12.25%

10Y*

12.63%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


AQWA vs. FIW - Expense Ratio Comparison

AQWA has a 0.50% expense ratio, which is lower than FIW's 0.54% expense ratio.


FIW
First Trust Water ETF
Expense ratio chart for FIW: current value at 0.54% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.54%
Expense ratio chart for AQWA: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%

Risk-Adjusted Performance

AQWA vs. FIW - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Clean Water ETF (AQWA) and First Trust Water ETF (FIW). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratio
The chart of Sharpe ratio for AQWA, currently valued at 0.46, compared to the broader market0.002.004.000.460.74
The chart of Sortino ratio for AQWA, currently valued at 0.73, compared to the broader market-2.000.002.004.006.008.0010.000.731.12
The chart of Omega ratio for AQWA, currently valued at 1.09, compared to the broader market0.501.001.502.002.503.001.091.13
The chart of Calmar ratio for AQWA, currently valued at 0.80, compared to the broader market0.005.0010.0015.000.801.35
The chart of Martin ratio for AQWA, currently valued at 1.99, compared to the broader market0.0020.0040.0060.0080.00100.001.993.69
AQWA
FIW

The current AQWA Sharpe Ratio is 0.46, which is lower than the FIW Sharpe Ratio of 0.74. The chart below compares the historical Sharpe Ratios of AQWA and FIW, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
0.46
0.74
AQWA
FIW

Dividends

AQWA vs. FIW - Dividend Comparison

AQWA's dividend yield for the trailing twelve months is around 1.32%, more than FIW's 0.89% yield.


TTM20232022202120202019201820172016201520142013
AQWA
Global X Clean Water ETF
1.32%1.53%1.56%1.20%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
FIW
First Trust Water ETF
0.69%0.68%0.67%0.37%0.56%0.55%0.73%1.13%0.51%0.76%0.75%0.63%

Drawdowns

AQWA vs. FIW - Drawdown Comparison

The maximum AQWA drawdown since its inception was -29.44%, smaller than the maximum FIW drawdown of -52.75%. Use the drawdown chart below to compare losses from any high point for AQWA and FIW. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-8.02%
-7.00%
AQWA
FIW

Volatility

AQWA vs. FIW - Volatility Comparison

Global X Clean Water ETF (AQWA) has a higher volatility of 5.22% compared to First Trust Water ETF (FIW) at 4.73%. This indicates that AQWA's price experiences larger fluctuations and is considered to be riskier than FIW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember
5.22%
4.73%
AQWA
FIW
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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