WTS vs. FIW
Compare and contrast key facts about Watts Water Technologies, Inc. (WTS) and First Trust Water ETF (FIW).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WTS or FIW.
Correlation
The correlation between WTS and FIW is 0.66, 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
WTS vs. FIW - Performance Comparison
Key characteristics
WTS:
0.33
FIW:
0.27
WTS:
0.69
FIW:
0.52
WTS:
1.08
FIW:
1.06
WTS:
0.47
FIW:
0.27
WTS:
1.03
FIW:
0.86
WTS:
8.97%
FIW:
5.70%
WTS:
27.77%
FIW:
18.43%
WTS:
-63.68%
FIW:
-52.75%
WTS:
-4.15%
FIW:
-6.57%
Returns By Period
In the year-to-date period, WTS achieves a 5.93% return, which is significantly higher than FIW's 1.28% return. Over the past 10 years, WTS has outperformed FIW with an annualized return of 15.80%, while FIW has yielded a comparatively lower 13.35% annualized return.
WTS
5.93%
9.97%
11.41%
5.88%
22.38%
15.80%
FIW
1.28%
5.22%
-2.17%
1.52%
15.83%
13.35%
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Risk-Adjusted Performance
WTS vs. FIW — Risk-Adjusted Performance Rank
WTS
FIW
WTS vs. FIW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Watts Water Technologies, Inc. (WTS) 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
WTS vs. FIW - Dividend Comparison
WTS's dividend yield for the trailing twelve months is around 0.80%, more than FIW's 0.72% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WTS Watts Water Technologies, Inc. | 0.80% | 0.81% | 0.66% | 0.79% | 0.52% | 0.76% | 0.90% | 1.27% | 0.99% | 1.09% | 1.33% | 0.91% |
FIW First Trust Water ETF | 0.72% | 0.69% | 0.68% | 0.67% | 0.37% | 0.56% | 0.55% | 0.73% | 1.13% | 0.51% | 0.76% | 0.75% |
Drawdowns
WTS vs. FIW - Drawdown Comparison
The maximum WTS drawdown since its inception was -63.68%, which is greater than FIW's maximum drawdown of -52.75%. Use the drawdown chart below to compare losses from any high point for WTS and FIW. For additional features, visit the drawdowns tool.
Volatility
WTS vs. FIW - Volatility Comparison
Watts Water Technologies, Inc. (WTS) has a higher volatility of 14.24% compared to First Trust Water ETF (FIW) at 11.24%. This indicates that WTS's price experiences larger fluctuations and is considered to be riskier than FIW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.