Overview
Thirty-nine companies deriving substantial revenue from water — treatment, analytics, infrastructure and utilities, equal-tiered so mid-caps matter.
Top Holdings
| Ticker | Holding | Weight |
|---|---|---|
| A | Agilent Technologies | 4.6% |
| WAT | Waters Corp. | 4.3% |
| FERG | Ferguson Enterprises | 4.2% |
| VLTO | Veralto | 4.1% |
| ECL | Ecolab | 4.0% |
| J | Jacobs Solutions | 4.0% |
| IDXX | IDEXX Laboratories | 3.9% |
| AWK | American Water Works | 3.9% |
| XYL | Xylem | 3.9% |
| IEX | IDEX Corp. | 3.7% |
Fund Details
Investment Thesis
The same scarcity thesis as PHO with a different index construction: revenue-screened and tiered rather than cap-weighted, which historically gave FIW the edge among water funds. Down 6% in a rate-pressured year for the entry.
Who It's For
Thematic investors who want the water scarcity trade through the category's long-run performance leader.
10-Year History
Annual Closing Price
| Year | Close | % Chg |
|---|---|---|
| 2016 | -- | -- |
| 2017 | $48.70 | -- |
| 2018 | $43.91 | -9.8% |
| 2019 | $59.95 | +36.5% |
| 2020 | $72.12 | +20.3% |
| 2021 | $94.80 | +31.4% |
| 2022 | $79.36 | -16.3% |
| 2023 | $94.80 | +19.5% |
| 2024 | $102.05 | +7.6% |
| 2025 | $108.64 | +6.5% |
Annual Dividend Yield
| Year | Yield |
|---|---|
| 2016 | -- |
| 2017 | -- |
| 2018 | -- |
| 2019 | -- |
| 2020 | -- |
| 2021 | 0.12% |
| 2022 | 0.67% |
| 2023 | 0.68% |
| 2024 | 0.69% |
| 2025 | 0.69% |
Annual AUM
| Year | AUM | % Chg |
|---|---|---|
| 2016 | -- | -- |
| 2017 | -- | -- |
| 2018 | -- | -- |
| 2019 | -- | -- |
| 2020 | -- | -- |
| 2021 | -- | -- |
| 2022 | -- | -- |
| 2023 | -- | -- |
| 2024 | -- | -- |
| 2025 | $1.7B | -- |
Historical figures are ETFHub estimates modelled from asset-class return patterns and may differ from official fund records. Data as of August 2026.
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