{
 "ticker": "FIW",
 "name": "First Trust Water ETF",
 "issuer": "First Trust",
 "desk": "themes",
 "url": "https://etfiq.com/funds/fiw",
 "html": "https://etfiq.com/funds/fiw",
 "markdown": "https://etfiq.com/funds/fiw.md",
 "as_of": "2026-09-11",
 "verdict": "FIW holds 37 stocks, and 50% of its weight is outside the S&P 500.",
 "key_facts": [
  {
   "key": "already_in_the_s_p_500",
   "label": "Already in the S&P 500",
   "value": "50.1%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "FIW, already in the S&P 500: 50.1%, as of Sep 11, 2026."
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "99.4%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "FIW, active share vs the S&P 500: 99.4%, as of Sep 11, 2026."
  },
  {
   "key": "top_ten_holdings",
   "label": "Top ten holdings",
   "value": "43.1%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "FIW, top ten holdings: 43.1%, as of Sep 11, 2026."
  },
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "\u22126.4%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "FIW, total return, 1 year: \u22126.4%, as of Sep 11, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$1.8bn",
   "source": "issuer page, as of Sep 11, 2026",
   "as_of": "2026-09-11",
   "sentence": "FIW, net assets: $1.8bn (issuer page, as of Sep 11, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.50%",
   "source": "485BPOS XBRL, Apr 30, 2026",
   "as_of": "2026-09-11",
   "sentence": "FIW, expense ratio: 0.50% (485BPOS XBRL, Apr 30, 2026)."
  }
 ],
 "fields": [
  {
   "key": "theme",
   "label": "Theme",
   "value": "Water",
   "source": "ETFIQ, editorial"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Jan 4, 2010",
   "source": null
  },
  {
   "key": "already_in_the_s_p_500_by_weight",
   "label": "Already in the S&P 500, by weight",
   "value": "50.1%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "99.4%",
   "source": "ETFIQ"
  },
  {
   "key": "already_in_the_nasdaq_100_by_weight",
   "label": "Already in the Nasdaq-100, by weight",
   "value": "8.2%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_nasdaq_100",
   "label": "Active share vs the Nasdaq-100",
   "value": "99.7%",
   "source": "ETFIQ"
  },
  {
   "key": "top_ten_holdings_weight",
   "label": "Top ten holdings weight",
   "value": "43.1%",
   "source": null
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "37",
   "source": null
  },
  {
   "key": "holdings_as_of",
   "label": "Holdings as of",
   "value": "Sep 10, 2026",
   "source": "the issuer\u2019s daily file"
  },
  {
   "key": "top_holdings",
   "label": "Top holdings",
   "value": "Waters Corporation 5.4%, Agilent Technologies, Inc. 5.1%, Roper Technologies, Inc. 4.8%, American Water Works Company, Inc. 4.5%, Veralto Corporation 4.2%, IDEX Corporation 4.0%, Jacobs Solutions Inc. 3.9%, Mueller Industries, Inc. 3.9%, Ecolab Inc. 3.8%, Ferguson Enterprises Inc. 3.7%",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$1.8bn",
   "source": "issuer page, as of Sep 11, 2026"
  },
  {
   "key": "below_its_all_time_high",
   "label": "Below its all-time high",
   "value": "\u22128.6%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.50%",
   "source": "485BPOS XBRL, Apr 30, 2026"
  },
  {
   "key": "fee_for_the_part_that_differs_from_the_s_p_500_active_expense_ratio",
   "label": "Fee for the part that differs from the S&P 500, active expense ratio",
   "value": "0.50%",
   "source": "ETFIQ"
  },
  {
   "key": "closest_funds_by_holdings_overlap",
   "label": "Closest funds by holdings overlap",
   "value": "PHO 75%, PIO 39%, CGW 38%, AQWA 38%, EFRA 32%",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Total return": "+0.2%",
   "S&P 500": "+3.3%",
   "Gap to S&P 500": "\u22123.1 pts",
   "Gap to Nasdaq-100": "+1.0 pts"
  },
  {
   "window": "6 months",
   "Total return": "+1.6%",
   "S&P 500": "+16.0%",
   "Gap to S&P 500": "\u221214.4 pts",
   "Gap to Nasdaq-100": "\u221219.1 pts"
  },
  {
   "window": "1 year",
   "Total return": "\u22126.4%",
   "S&P 500": "+17.5%",
   "Gap to S&P 500": "\u221223.9 pts",
   "Gap to Nasdaq-100": "\u221229.4 pts"
  },
  {
   "window": "3 years",
   "Total return": "+25.6%",
   "S&P 500": "+77.9%",
   "Gap to S&P 500": "\u221252.3 pts",
   "Gap to Nasdaq-100": "\u221269.5 pts"
  },
  {
   "window": "Since launch",
   "Total return": "+528.6%",
   "S&P 500": "+804.4%",
   "Gap to S&P 500": "\u2212275.8 pts",
   "Gap to Nasdaq-100": "\u22121145.3 pts"
  }
 ],
 "questions": [
  {
   "q": "How much of FIW is in S&P 500 companies?",
   "a": "By its holdings published by its issuer for Sep 10, 2026, 50% of FIW by weight is stocks the S&P 500 already holds. Its active share against the index is 99%, so that share is the part doing something different."
  },
  {
   "q": "What does FIW hold?",
   "a": "37 positions as published by its issuer for Sep 10, 2026, with the top ten at 43% of the fund. The largest are Waters Corporation at 5.4%, Agilent Technologies, Inc. at 5.1%, Roper Technologies, Inc. at 4.8%."
  },
  {
   "q": "Has FIW beaten the S&P 500?",
   "a": "Over the year to Sep 11, 2026 FIW returned \u22126.4% with distributions reinvested, against +17.5% for the S&P 500, so it finished behind the index by 23.9 points."
  },
  {
   "q": "What does FIW cost?",
   "a": "The prospectus expense ratio is 0.50% a year. Because 99% of the fund differs from the S&P 500, the fee on that differing part works out at 0.50%."
  }
 ],
 "generated": "2026-09-14",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}