FIW vs. MLPA ETF Comparison
Comparison of First Trust ISE Water Index Fund (FIW) to Global X MLP ETF (MLPA)
FIW
First Trust ISE Water Index Fund
FIW Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the ISE Water Index(TM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is a modified market-capitalization weighted portfolio of 36 stocks of companies as of March 31, 2013 that derive a substantial portion of their revenues from the potable and wastewater industries. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$98.84
Average Daily Volume
41,584
33
MLPA
Global X MLP ETF
MLPA Description
The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive MLP Composite Index ("underlying index"). The fund invests at least 80% of its net assets in the securities of the underlying index. Moreover, at least 80% of the fund's net assets will be invested in securities that have economic characteristics of the Master Limited Partnership ("MLP") asset class. The underlying index is intended to give investors a means of tracking the overall performance of the United States master limited partnerships (MLP) asset class. The fund is non-diversified.Grade (RS Rating)
Last Trade
$48.75
Average Daily Volume
131,767
19
Performance
| Period | FIW | MLPA |
|---|---|---|
| 30 Days | -3.08% | 3.86% |
| 60 Days | -4.62% | 3.50% |
| 90 Days | -2.18% | 2.29% |
| 12 Months | 14.45% | 23.21% |
0 Overlapping Holdings
| Symbol | Grade | Weight in FIW | Weight in MLPA | Overlap |
|---|
FIW Overweight 33 Positions Relative to MLPA
| Symbol | Grade | Weight | |
|---|---|---|---|
| VLTO | D | 4.39% | |
| AWK | B | 4.24% | |
| XYL | D | 4.18% | |
| ECL | B | 4.14% | |
| ROP | B | 4.01% | |
| A | D | 3.7% | |
| WTRG | C | 3.66% | |
| TTEK | D | 3.54% | |
| ACM | D | 3.41% | |
| WMS | D | 3.37% | |
| AOS | D | 3.37% | |
| IDXX | D | 3.34% | |
| PNR | D | 3.33% | |
| IEX | D | 3.3% | |
| WAT | D | 3.3% | |
| MLI | C | 3.21% | |
| CNM | D | 3.0% | |
| PRMW | C | 2.66% | |
| WTS | D | 2.63% | |
| VMI | C | 2.52% | |
| BMI | C | 2.28% | |
| FLS | D | 2.2% | |
| ITRI | C | 2.09% | |
| CWT | C | 2.05% | |
| AWR | D | 1.96% | |
| FELE | D | 1.8% | |
| ZWS | D | 1.79% | |
| HWKN | B | 1.53% | |
| MWA | C | 1.38% | |
| MEG | D | 1.35% | |
| LNN | D | 1.32% | |
| SJW | D | 1.18% | |
| SBS | C | 1.04% |
FIW Underweight 19 Positions Relative to MLPA
FIW: Top Represented Industries & Keywords
MLPA: Top Represented Industries & Keywords
Compare ETFs
