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Morningstar

First Trust Water ETF FIW

Morningstar Medalist Rating
Medalist Rating as of | See First Trust Investment Hub

Morningstar’s Analysis FIW

Will FIW outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FIW’s performance objective and investment process is for both security selection and portfolio construction.

  • 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.

First Trust Water ETF's Average Process Pillar and People Pillar ratings result in a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings FIW

More FIW Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 38.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Veralto Corp

4.23 68.4 Mil
Industrials

Xylem Inc

4.01 64.9 Mil
Industrials

Agilent Technologies Inc

3.95 63.9 Mil
Healthcare

American Water Works Co Inc

3.94 63.8 Mil
Utilities

Ferguson PLC

3.91 63.2 Mil
Industrials

Roper Technologies Inc

3.86 62.5 Mil
Technology

IDEX Corp

3.84 62.1 Mil
Industrials

Ecolab Inc

3.81 61.6 Mil
Basic Materials

Waters Corp

3.62 58.6 Mil
Healthcare

A.O. Smith Corp

3.62 58.5 Mil
Industrials