First Trust Water ETF holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.
First Trust Water ETF FIW
Morningstar’s Analysis FIW
Will FIW outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the FIW management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of FIW’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 41.3
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Waters Corp | 5.11 | 91M | Healthcare |
Agilent Technologies Inc | 4.95 | 88M | Healthcare |
Mueller Industries Inc | 4.27 | 76M | Industrials |
Roper Technologies Inc | 4.12 | 73M | Technology |
IDEX Corp | 3.92 | 70M | Industrials |
American Water Works Co Inc | 3.90 | 69M | Utilities |
Ferguson Enterprises Inc | 3.84 | 68M | Industrials |
Veralto Corp | 3.77 | 67M | Industrials |
IDEXX Laboratories Inc | 3.73 | 66M | Healthcare |
Masco Corp | 3.71 | 66M | Industrials |
United States