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FIW vs WCME

First Trust Water ETF vs First Trust WCM Developing World Equity ETF

FIW

First Trust Water ETF

First Trust

Annual cost

0.50%

Fund size

$1.8B

WCME

First Trust WCM Developing World Equity ETF

First Trust

Annual cost

0.95%

Fund size

$33M

Key differences

  • FIW costs 0.45% less per year.
  • FIW is significantly larger than WCME — larger funds tend to be more liquid and less likely to close.
  • FIW has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FIWWCME
Annual cost (TER)0.50%0.95%
Fund size (AUM)$1.8B$33M
Since20072020
Dividend yield0.77%0.63%
Asset classequityequity
Regionnorth america
Strategyindex trackingindex tracking
CAGR 1Y-0.3%+31.4%
CAGR 3Y+8.1%N/A
CAGR 5Y+5.8%N/A
Sharpe 3Y0.34N/A
Volatility 1Y15.70%19.97%
Max drawdown-36.60%-15.64%

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

Similar to FIW and WCME