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Investment Objective/Strategy - The First Trust Water ETF is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before fees and expenses, of an equity index called the ISE Clean Edge Water Index.
There can be no assurance that the Fund's investment objectives will be achieved.
  • The Index is a modified market capitalization-weighted index comprised of exchange-listed companies that derive a substantial portion of their revenues from the potable and wastewater industry.
  • The Index begins by establishing the total population of stocks in the potable and wastewater industry and eliminates stocks which do not meet the Index's baseline eligibility requirements.
  • To meet Index eligibility, a stock must satisfy market capitalization, liquidity and weighting concentration requirements.
  • The Index selects the top 36 stocks in the industry by market capitalization.
  • The Index is rebalanced on the application of the above model on a semi-annual basis.
Fund Overview
Fund TypeSector - Water
Investment AdvisorFirst Trust Advisors L.P.
Investor Servicing AgentBank of New York Mellon Corp
Fiscal Year-End12/31
ExchangeNYSE Arca
Inception Price$20.00
Inception NAV$20.00
Rebalance FrequencySemi-Annual
Gross Expense Ratio*0.53%
Net Expense Ratio*0.53%
* As of 5/2/2022
Expenses are capped contractually at 0.60% per year, at least through April 30, 2023. Please see the Fees and Expenses of the Fund section in the fund’s prospectus for more details.
Current Fund Data (as of 6/24/2022)
Closing NAV1$72.63
Closing Market Price2$72.58
Bid/Ask Midpoint$72.61
Bid/Ask Discount0.03%
30-Day Median Bid/Ask Spread30.09%
Total Net Assets$1,122,077,990
Outstanding Shares15,450,002
Daily Volume35,498
Average 30-Day Daily Volume62,094
Closing Market Price 52-Week High/Low$94.96 / $67.71
Closing NAV 52-Week High/Low$94.89 / $67.75
Number of Holdings (excluding cash)36
Top Holdings (as of 6/24/2022)*
Holding Percent
American Water Works Company, Inc. 4.35%
Essential Utilities, Inc. 4.33%
IDEX Corporation 4.29%
Danaher Corporation 4.15%
Agilent Technologies, Inc. 4.13%
AECOM 4.08%
Roper Technologies, Inc. 4.03%
Ecolab Inc. 4.02%
Xylem Inc. 3.97%
Algonquin Power & Utilities Corp. 3.71%

* Excluding cash.  Holdings are subject to change.

NAV History (Since Inception)
Past performance is not indicative of future results.
Overall Morningstar RatingTM (as of 5/31/2022)4

Among 107 funds in the Natural Resources category. This fund was rated 3 stars/107 funds (3 years), 4 stars/100 funds (5 years), 5 stars/88 funds (10 years) based on risk adjusted returns.
Distribution Information
Dividend per Share Amt (as of 6/25/2022)5$0.1801
30-Day SEC Yield (as of 5/31/2022)60.76%
Unsubsidized 30-Day SEC Yield (as of 5/31/2022)70.76%
12-Month Distribution Rate (as of 5/31/2022)80.50%
Index Yield (as of 5/31/2022)91.19%
Fund Characteristics (as of 5/31/2022)11
Maximum Market Cap.$188,867
Median Market Cap.$4,704
Minimum Market Cap.$1,143
Price/Cash Flow16.44
Bid/Ask Premium/Discount (as of 6/24/2022)
  2021 Q1 2022 Q2 2022 Q3 2022
Days Traded at Premium 210 15 21 ---
Days Traded at Discount 42 47 37 ---
Top Sector Exposure (as of 6/24/2022)
Industrials 52.01%
Utilities 22.36%
Health Care 11.30%
Information Technology 8.22%
Materials 4.03%
Consumer Staples 2.08%
Hypothetical Growth of $10,000 Since Inception (as of 6/23/2022) *