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FIW vs PIO

First Trust Water ETF vs Invesco Global Water ETF

FIW

First Trust Water ETF

First Trust

Annual cost

0.50%

Fund size

$1.8B

PIO

Invesco Global Water ETF

Invesco

Annual cost

0.75%

Fund size

$281M

Key differences

  • FIW costs 0.25% less per year.
  • FIW is significantly larger than PIO — larger funds tend to be more liquid and less likely to close.
  • FIW covers north america markets; PIO covers global.

Side-by-side comparison

FIWPIO
Annual cost (TER)0.50%0.75%
Fund size (AUM)$1.8B$281M
Since20072007
Dividend yield0.77%0.97%
Asset classequityequity
Regionnorth americaglobal
Strategyindex trackingindex tracking
CAGR 1Y-0.3%+4.3%
CAGR 3Y+8.1%+8.8%
CAGR 5Y+5.8%+3.8%
Sharpe 3Y0.340.39
Volatility 1Y15.70%14.70%
Max drawdown-36.60%-35.76%

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

Similar to FIW and PIO