CGWETF

The First Trust Water ETF (FIW) is a passively managed fund with $1.71 billion in assets that tracks the ISE Clean Edge Water Index. It has a 0.5% expense ratio and 0.76% dividend yield.

The fund has declined 3.23% year-to-date and 7.75% over the past year, with a beta of 0.99 indicating medium risk. It carries a Zacks ETF Rank of 3 (Hold) and is compared to alternative water ETFs like CGW and PHO.

The Invesco S&P Global Water Index ETF (CGW) is a passively managed fund with $1.04 billion in assets and a 0.58% expense ratio. However, it received a Zacks ETF Rank of 4 (Sell), indicating it is not the best option for investors seeking water sector exposure. Alternative ETFs like First Trust Water ETF (FIW) and Invesco Water Resources ETF (PHO) are recommended as better choices with comparable or lower expense ratios.