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

Correlation

The correlation between FIW and AQWA 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.


-0.50.00.51.0
Correlation: 0.9

Performance

FIW vs. AQWA - Performance Comparison

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

15.00%20.00%25.00%30.00%35.00%40.00%NovemberDecember2025FebruaryMarchApril
25.08%
17.48%
FIW
AQWA

Key characteristics

Sharpe Ratio

FIW:

-0.10

AQWA:

-0.01

Sortino Ratio

FIW:

-0.04

AQWA:

0.09

Omega Ratio

FIW:

1.00

AQWA:

1.01

Calmar Ratio

FIW:

-0.14

AQWA:

-0.01

Martin Ratio

FIW:

-0.35

AQWA:

-0.03

Ulcer Index

FIW:

4.63%

AQWA:

4.98%

Daily Std Dev

FIW:

15.66%

AQWA:

14.90%

Max Drawdown

FIW:

-52.75%

AQWA:

-29.44%

Current Drawdown

FIW:

-11.21%

AQWA:

-7.65%

Returns By Period

In the year-to-date period, FIW achieves a -3.74% return, which is significantly lower than AQWA's 0.98% return.


FIW

YTD

-3.74%

1M

-3.70%

6M

-8.43%

1Y

-2.02%

5Y*

17.60%

10Y*

12.51%

AQWA

YTD

0.98%

1M

-0.42%

6M

-5.67%

1Y

-0.45%

5Y*

N/A

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

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


FIW vs. AQWA - Expense Ratio Comparison

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


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

Risk-Adjusted Performance

FIW vs. AQWA — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FIW
The Risk-Adjusted Performance Rank of FIW is 2020
Overall Rank
The Sharpe Ratio Rank of FIW is 2121
Sharpe Ratio Rank
The Sortino Ratio Rank of FIW is 2020
Sortino Ratio Rank
The Omega Ratio Rank of FIW is 2020
Omega Ratio Rank
The Calmar Ratio Rank of FIW is 1919
Calmar Ratio Rank
The Martin Ratio Rank of FIW is 2121
Martin Ratio Rank

AQWA
The Risk-Adjusted Performance Rank of AQWA is 1919
Overall Rank
The Sharpe Ratio Rank of AQWA is 2020
Sharpe Ratio Rank
The Sortino Ratio Rank of AQWA is 1919
Sortino Ratio Rank
The Omega Ratio Rank of AQWA is 1919
Omega Ratio Rank
The Calmar Ratio Rank of AQWA is 2020
Calmar Ratio Rank
The Martin Ratio Rank of AQWA is 2020
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FIW vs. AQWA - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Water ETF (FIW) and Global X Clean Water ETF (AQWA). 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 FIW, currently valued at -0.10, compared to the broader market0.002.004.00
FIW: -0.10
AQWA: -0.01
The chart of Sortino ratio for FIW, currently valued at -0.04, compared to the broader market-2.000.002.004.006.008.0010.0012.00
FIW: -0.04
AQWA: 0.09
The chart of Omega ratio for FIW, currently valued at 1.00, compared to the broader market0.501.001.502.002.503.00
FIW: 1.00
AQWA: 1.01
The chart of Calmar ratio for FIW, currently valued at -0.14, compared to the broader market0.005.0010.0015.00
FIW: -0.14
AQWA: -0.01
The chart of Martin ratio for FIW, currently valued at -0.35, compared to the broader market0.0020.0040.0060.0080.00100.00
FIW: -0.35
AQWA: -0.03

The current FIW Sharpe Ratio is -0.10, which is lower than the AQWA Sharpe Ratio of -0.01. The chart below compares the historical Sharpe Ratios of FIW and AQWA, 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 Ratio0.000.501.001.502.002.50NovemberDecember2025FebruaryMarchApril
-0.10
-0.01
FIW
AQWA

Dividends

FIW vs. AQWA - Dividend Comparison

FIW's dividend yield for the trailing twelve months is around 0.76%, less than AQWA's 1.39% yield.


TTM20242023202220212020201920182017201620152014
FIW
First Trust Water ETF
0.76%0.70%0.68%0.67%0.37%0.56%0.55%0.73%1.13%0.51%0.76%0.75%
AQWA
Global X Clean Water ETF
1.39%1.40%1.53%1.56%1.20%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

FIW vs. AQWA - Drawdown Comparison

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


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%NovemberDecember2025FebruaryMarchApril
-11.21%
-7.65%
FIW
AQWA

Volatility

FIW vs. AQWA - Volatility Comparison

First Trust Water ETF (FIW) has a higher volatility of 6.02% compared to Global X Clean Water ETF (AQWA) at 4.02%. This indicates that FIW's price experiences larger fluctuations and is considered to be riskier than AQWA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%NovemberDecember2025FebruaryMarchApril
6.02%
4.02%
FIW
AQWA
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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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