EBLU vs. FIW
Compare and contrast key facts about Ecofin Global Water ESG Fund (EBLU) and First Trust Water ETF (FIW).
EBLU and FIW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EBLU is a passively managed fund by Tortoise that tracks the performance of the Ecofin Water ESG Index. It was launched on Feb 15, 2017. 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 EBLU 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: EBLU or FIW.
Key characteristics
| EBLU | FIW | |
|---|---|---|
| YTD Return | 15.69% | 15.71% |
| 1Y Return | 31.55% | 33.37% |
| 3Y Return (Ann) | 1.36% | 5.90% |
| 5Y Return (Ann) | 10.46% | 14.70% |
| Sharpe Ratio | 2.31 | 2.14 |
| Sortino Ratio | 3.25 | 3.04 |
| Omega Ratio | 1.40 | 1.37 |
| Calmar Ratio | 1.47 | 2.78 |
| Martin Ratio | 12.24 | 11.50 |
| Ulcer Index | 2.72% | 2.90% |
| Daily Std Dev | 14.37% | 15.61% |
| Max Drawdown | -37.58% | -52.75% |
| Current Drawdown | -0.58% | -1.52% |
Correlation
The correlation between EBLU and FIW is 0.76, 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.
Performance
EBLU vs. FIW - Performance Comparison
The year-to-date returns for both investments are quite close, with EBLU having a 15.69% return and FIW slightly higher at 15.71%. 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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EBLU vs. FIW - Expense Ratio Comparison
EBLU has a 0.40% expense ratio, which is lower than FIW's 0.54% expense ratio.
Risk-Adjusted Performance
EBLU vs. FIW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ecofin Global Water ESG Fund (EBLU) 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
EBLU vs. FIW - Dividend Comparison
EBLU's dividend yield for the trailing twelve months is around 1.13%, more than FIW's 0.59% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EBLU Ecofin Global Water ESG Fund | 1.13% | 1.46% | 0.00% | 1.55% | 1.42% | 1.58% | 1.35% | 0.20% | 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
EBLU vs. FIW - Drawdown Comparison
The maximum EBLU drawdown since its inception was -37.58%, smaller than the maximum FIW drawdown of -52.75%. Use the drawdown chart below to compare losses from any high point for EBLU and FIW. For additional features, visit the drawdowns tool.
Volatility
EBLU vs. FIW - Volatility Comparison
Ecofin Global Water ESG Fund (EBLU) has a higher volatility of 5.13% compared to First Trust Water ETF (FIW) at 4.25%. This indicates that EBLU'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.