FIW vs. EBLU
Compare and contrast key facts about First Trust Water ETF (FIW) and Ecofin Global Water ESG Fund (EBLU).
FIW and EBLU are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. 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. Both FIW and EBLU 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: FIW or EBLU.
Correlation
The correlation between FIW and EBLU 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
FIW vs. EBLU - Performance Comparison
Key characteristics
FIW:
0.03
EBLU:
0.47
FIW:
0.18
EBLU:
0.82
FIW:
1.02
EBLU:
1.10
FIW:
0.03
EBLU:
0.54
FIW:
0.11
EBLU:
1.70
FIW:
5.58%
EBLU:
4.90%
FIW:
18.39%
EBLU:
17.60%
FIW:
-52.75%
EBLU:
-37.58%
FIW:
-9.55%
EBLU:
-4.71%
Returns By Period
In the year-to-date period, FIW achieves a -1.94% return, which is significantly lower than EBLU's 2.96% return.
FIW
-1.94%
-1.58%
-5.31%
0.92%
15.31%
12.76%
EBLU
2.96%
1.31%
1.06%
7.71%
13.04%
N/A
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FIW vs. EBLU - Expense Ratio Comparison
FIW has a 0.54% expense ratio, which is higher than EBLU's 0.40% expense ratio.
Risk-Adjusted Performance
FIW vs. EBLU — Risk-Adjusted Performance Rank
FIW
EBLU
FIW vs. EBLU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Water ETF (FIW) and Ecofin Global Water ESG Fund (EBLU). 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
FIW vs. EBLU - Dividend Comparison
FIW's dividend yield for the trailing twelve months is around 0.75%, less than EBLU's 1.30% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIW First Trust Water ETF | 0.75% | 0.70% | 0.68% | 0.67% | 0.37% | 0.56% | 0.55% | 0.73% | 1.13% | 0.51% | 0.76% | 0.75% |
EBLU Ecofin Global Water ESG Fund | 1.30% | 1.34% | 1.46% | 1.64% | 1.55% | 1.42% | 1.58% | 1.35% | 0.20% | 0.00% | 0.00% | 0.00% |
Drawdowns
FIW vs. EBLU - Drawdown Comparison
The maximum FIW drawdown since its inception was -52.75%, which is greater than EBLU's maximum drawdown of -37.58%. Use the drawdown chart below to compare losses from any high point for FIW and EBLU. For additional features, visit the drawdowns tool.
Volatility
FIW vs. EBLU - Volatility Comparison
First Trust Water ETF (FIW) and Ecofin Global Water ESG Fund (EBLU) have volatilities of 11.22% and 10.81%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.