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.
Performance
WTS vs. FIW - Performance Comparison
Returns By Period
In the year-to-date period, WTS achieves a 1.81% return, which is significantly lower than FIW's 15.03% return. Over the past 10 years, WTS has outperformed FIW with an annualized return of 13.98%, while FIW has yielded a comparatively lower 13.09% annualized return.
WTS
1.81%
5.03%
0.74%
9.03%
18.19%
13.98%
FIW
15.03%
0.93%
3.93%
25.57%
14.48%
13.09%
Key characteristics
| WTS | FIW | |
|---|---|---|
| Sharpe Ratio | 0.41 | 1.73 |
| Sortino Ratio | 0.70 | 2.45 |
| Omega Ratio | 1.09 | 1.29 |
| Calmar Ratio | 0.51 | 3.13 |
| Martin Ratio | 1.16 | 8.95 |
| Ulcer Index | 8.39% | 2.95% |
| Daily Std Dev | 24.01% | 15.24% |
| Max Drawdown | -63.68% | -52.75% |
| Current Drawdown | -2.73% | -2.10% |
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Correlation
The correlation between WTS and FIW is 0.75, 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
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 0.75%, more than FIW's 0.59% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WTS Watts Water Technologies, Inc. | 0.75% | 0.66% | 0.79% | 0.52% | 0.76% | 0.90% | 1.27% | 0.99% | 1.09% | 1.33% | 0.91% | 0.81% |
FIW First Trust Water ETF | 0.59% | 0.68% | 0.67% | 0.37% | 0.56% | 0.55% | 0.73% | 1.13% | 0.51% | 0.76% | 0.75% | 0.63% |
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 9.36% compared to First Trust Water ETF (FIW) at 4.64%. 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.