AQWG.L vs. FIW
Compare and contrast key facts about Global X Clean Water UCITS ETF (AQWG.L) and First Trust Water ETF (FIW).
AQWG.L and FIW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AQWG.L is a passively managed fund by Global X that tracks the performance of the S&P Global Water TR. It was launched on Dec 7, 2021. FIW is a passively managed fund by First Trust that tracks the performance of the ISE Clean Edge Water Index. It was launched on May 8, 2007. Both AQWG.L and FIW are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AQWG.L or FIW.
Key characteristics
| AQWG.L | FIW | |
|---|---|---|
| YTD Return | 11.14% | 16.01% |
| 1Y Return | 22.41% | 35.38% |
| Sharpe Ratio | 1.65 | 2.23 |
| Sortino Ratio | 2.34 | 3.16 |
| Omega Ratio | 1.29 | 1.38 |
| Calmar Ratio | 1.83 | 2.66 |
| Martin Ratio | 3.82 | 11.99 |
| Ulcer Index | 5.68% | 2.90% |
| Daily Std Dev | 13.11% | 15.62% |
| Max Drawdown | -23.03% | -52.75% |
| Current Drawdown | -5.82% | -1.26% |
Correlation
The correlation between AQWG.L and FIW is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
AQWG.L vs. FIW - Performance Comparison
In the year-to-date period, AQWG.L achieves a 11.14% return, which is significantly lower than FIW's 16.01% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AQWG.L vs. FIW - Expense Ratio Comparison
AQWG.L has a 0.50% expense ratio, which is lower than FIW's 0.54% expense ratio.
Risk-Adjusted Performance
AQWG.L vs. FIW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Clean Water UCITS ETF (AQWG.L) 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.
Dividends
AQWG.L vs. FIW - Dividend Comparison
AQWG.L has not paid dividends to shareholders, while FIW's dividend yield for the trailing twelve months is around 0.59%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AQWG.L Global X Clean Water UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FIW First Trust Water ETF | 0.59% | 0.68% | 0.67% | 0.37% | 0.56% | 0.55% | 0.73% | 1.13% | 0.51% | 0.76% | 0.75% | 0.63% |
Drawdowns
AQWG.L vs. FIW - Drawdown Comparison
The maximum AQWG.L drawdown since its inception was -23.03%, smaller than the maximum FIW drawdown of -52.75%. Use the drawdown chart below to compare losses from any high point for AQWG.L and FIW. For additional features, visit the drawdowns tool.
Volatility
AQWG.L vs. FIW - Volatility Comparison
The current volatility for Global X Clean Water UCITS ETF (AQWG.L) is 3.81%, while First Trust Water ETF (FIW) has a volatility of 4.35%. This indicates that AQWG.L experiences smaller price fluctuations and is considered to be less risky than FIW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.