FIW vs. GLFOX
Compare and contrast key facts about First Trust Water ETF (FIW) and Lazard Global Listed Infrastructure Portfolio Open Shares (GLFOX).
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. GLFOX is managed by Lazard. It was launched on Dec 31, 2009.
Performance
FIW vs. GLFOX - Performance Comparison
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FIW vs. GLFOX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FIW First Trust Water ETF | -4.90% | 7.20% | 8.38% | 20.35% | -15.70% | 32.00% | 21.15% | 37.37% | -9.23% | 24.69% |
GLFOX Lazard Global Listed Infrastructure Portfolio Open Shares | 5.88% | 23.53% | 6.43% | 10.59% | -1.59% | 19.67% | -4.71% | 21.95% | -4.06% | 20.44% |
Returns By Period
In the year-to-date period, FIW achieves a -4.90% return, which is significantly lower than GLFOX's 5.88% return. Over the past 10 years, FIW has outperformed GLFOX with an annualized return of 12.78%, while GLFOX has yielded a comparatively lower 9.65% annualized return.
FIW
- 1D
- 2.21%
- 1M
- -9.31%
- YTD
- -4.90%
- 6M
- -7.85%
- 1Y
- 3.18%
- 3Y*
- 8.02%
- 5Y*
- 6.20%
- 10Y*
- 12.78%
GLFOX
- 1D
- 1.38%
- 1M
- -7.06%
- YTD
- 5.88%
- 6M
- 11.00%
- 1Y
- 22.84%
- 3Y*
- 13.81%
- 5Y*
- 11.85%
- 10Y*
- 9.65%
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FIW vs. GLFOX - Expense Ratio Comparison
FIW has a 0.54% expense ratio, which is lower than GLFOX's 1.22% expense ratio.
Return for Risk
FIW vs. GLFOX — Risk / Return Rank
FIW
GLFOX
FIW vs. GLFOX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Water ETF (FIW) and Lazard Global Listed Infrastructure Portfolio Open Shares (GLFOX). 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.
| FIW | GLFOX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.17 | 2.20 | -2.03 |
Sortino ratioReturn per unit of downside risk | 0.39 | 2.79 | -2.40 |
Omega ratioGain probability vs. loss probability | 1.05 | 1.42 | -0.37 |
Calmar ratioReturn relative to maximum drawdown | 0.29 | 2.71 | -2.42 |
Martin ratioReturn relative to average drawdown | 0.94 | 11.32 | -10.38 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FIW | GLFOX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.17 | 2.20 | -2.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.34 | 1.11 | -0.77 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.65 | 0.73 | -0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.43 | 0.83 | -0.40 |
Correlation
The correlation between FIW and GLFOX is 0.60, 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.
Dividends
FIW vs. GLFOX - Dividend Comparison
FIW's dividend yield for the trailing twelve months is around 0.80%, less than GLFOX's 6.18% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIW First Trust Water ETF | 0.80% | 0.69% | 0.69% | 0.68% | 0.67% | 0.37% | 0.56% | 0.55% | 0.73% | 1.13% | 0.51% | 0.76% |
GLFOX Lazard Global Listed Infrastructure Portfolio Open Shares | 6.18% | 6.03% | 4.00% | 2.69% | 14.50% | 6.02% | 2.39% | 4.20% | 13.99% | 6.82% | 2.07% | 11.01% |
Drawdowns
FIW vs. GLFOX - Drawdown Comparison
The maximum FIW drawdown since its inception was -52.75%, which is greater than GLFOX's maximum drawdown of -29.65%. Use the drawdown chart below to compare losses from any high point for FIW and GLFOX.
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Drawdown Indicators
| FIW | GLFOX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.75% | -29.65% | -23.10% |
Max Drawdown (1Y)Largest decline over 1 year | -12.74% | -9.01% | -3.73% |
Max Drawdown (5Y)Largest decline over 5 years | -28.53% | -17.14% | -11.39% |
Max Drawdown (10Y)Largest decline over 10 years | -36.60% | -29.65% | -6.95% |
Current DrawdownCurrent decline from peak | -10.81% | -7.06% | -3.75% |
Average DrawdownAverage peak-to-trough decline | -8.29% | -3.41% | -4.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.97% | 2.16% | +1.81% |
Volatility
FIW vs. GLFOX - Volatility Comparison
First Trust Water ETF (FIW) has a higher volatility of 5.68% compared to Lazard Global Listed Infrastructure Portfolio Open Shares (GLFOX) at 4.59%. This indicates that FIW's price experiences larger fluctuations and is considered to be riskier than GLFOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FIW | GLFOX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.68% | 4.59% | +1.09% |
Volatility (6M)Calculated over the trailing 6-month period | 11.04% | 7.39% | +3.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.63% | 10.76% | +7.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.30% | 10.71% | +7.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.88% | 13.27% | +6.61% |