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FIW vs FNY

First Trust Water ETF vs First Trust Mid Cap Growth AlphaDEX Fund

FIW

First Trust Water ETF

First Trust

Annual cost

0.50%

Fund size

$1.8B

FNY

First Trust Mid Cap Growth AlphaDEX Fund

First Trust

Annual cost

0.73%

Fund size

$518M

Key differences

  • FIW costs 0.23% less per year.
  • FIW is significantly larger than FNY — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, FNY has delivered higher annualized returns.

Side-by-side comparison

FIWFNY
Annual cost (TER)0.50%0.73%
Fund size (AUM)$1.8B$518M
Since20072011
Dividend yield0.77%0.03%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y-0.3%+34.7%
CAGR 3Y+8.1%+21.2%
CAGR 5Y+5.8%+10.1%
Sharpe 3Y0.340.86
Volatility 1Y15.70%19.97%
Max drawdown-36.60%-38.91%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to FIW and FNY