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.
Correlation
The correlation between EBLU and FIW is 0.77, 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
Key characteristics
EBLU:
1.04
FIW:
1.11
EBLU:
1.50
FIW:
1.61
EBLU:
1.18
FIW:
1.19
EBLU:
0.97
FIW:
1.79
EBLU:
4.38
FIW:
4.85
EBLU:
3.40%
FIW:
3.51%
EBLU:
14.25%
FIW:
15.40%
EBLU:
-37.58%
FIW:
-52.75%
EBLU:
-6.05%
FIW:
-3.52%
Returns By Period
In the year-to-date period, EBLU achieves a 1.52% return, which is significantly lower than FIW's 4.60% return.
EBLU
1.52%
0.46%
-0.01%
12.64%
7.08%
N/A
FIW
4.60%
3.74%
2.11%
15.18%
12.07%
13.73%
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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 Rank
EBLU
FIW
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 1.32%, more than FIW's 0.67% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EBLU Ecofin Global Water ESG Fund | 1.32% | 1.34% | 1.46% | 0.00% | 1.55% | 1.42% | 1.58% | 1.35% | 0.20% | 0.00% | 0.00% | 0.00% |
FIW First Trust Water ETF | 0.67% | 0.70% | 0.68% | 0.67% | 0.37% | 0.56% | 0.55% | 0.73% | 1.13% | 0.51% | 0.76% | 0.75% |
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
The current volatility for Ecofin Global Water ESG Fund (EBLU) is 4.72%, while First Trust Water ETF (FIW) has a volatility of 5.38%. This indicates that EBLU 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.