FIW vs. VOO
Compare and contrast key facts about First Trust Water ETF (FIW) and Vanguard S&P 500 ETF (VOO).
FIW and VOO 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. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both FIW and VOO 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 VOO.
Performance
FIW vs. VOO - Performance Comparison
Returns By Period
In the year-to-date period, FIW achieves a 13.26% return, which is significantly lower than VOO's 24.51% return. Both investments have delivered pretty close results over the past 10 years, with FIW having a 13.05% annualized return and VOO not far ahead at 13.12%.
FIW
13.26%
-1.94%
0.59%
24.81%
14.16%
13.05%
VOO
24.51%
0.61%
11.38%
32.00%
15.30%
13.12%
Key characteristics
| FIW | VOO | |
|---|---|---|
| Sharpe Ratio | 1.66 | 2.64 |
| Sortino Ratio | 2.35 | 3.53 |
| Omega Ratio | 1.28 | 1.49 |
| Calmar Ratio | 2.99 | 3.81 |
| Martin Ratio | 8.62 | 17.34 |
| Ulcer Index | 2.92% | 1.86% |
| Daily Std Dev | 15.19% | 12.20% |
| Max Drawdown | -52.75% | -33.99% |
| Current Drawdown | -3.61% | -2.16% |
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FIW vs. VOO - Expense Ratio Comparison
FIW has a 0.54% expense ratio, which is higher than VOO's 0.03% expense ratio.
Correlation
The correlation between FIW and VOO is 0.82, 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.
Risk-Adjusted Performance
FIW vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Water ETF (FIW) and Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
FIW's dividend yield for the trailing twelve months is around 0.60%, less than VOO's 1.26% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIW First Trust Water ETF | 0.60% | 0.68% | 0.67% | 0.37% | 0.56% | 0.55% | 0.73% | 1.13% | 0.51% | 0.76% | 0.75% | 0.63% |
VOO Vanguard S&P 500 ETF | 1.26% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
FIW vs. VOO - Drawdown Comparison
The maximum FIW drawdown since its inception was -52.75%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FIW and VOO. For additional features, visit the drawdowns tool.
Volatility
FIW vs. VOO - Volatility Comparison
First Trust Water ETF (FIW) has a higher volatility of 4.52% compared to Vanguard S&P 500 ETF (VOO) at 4.09%. This indicates that FIW's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.