ETF Copilot

CGW vs FIW: holdings overlap, shared companies and scores

As of October 28, 2026, CGW and FIW overlap 35.3% by weight. Invesco S&P Global Water Index ETF (CGW): Global water industry companies First Trust Water ETF (FIW): U.S. water industry companies

Updated October 28, 2026

What moved CGW and FIW this week

CGW fell 2.1% in the week to October 28, 2026. The holdings that moved it most were Xylem (−17.0%), CIA de Saneamento Basico DO Estado de SAO Paulo (−26.1%) and CIA de Saneamento de Minas Gerais-Copasa (−25.2%); Pentair (+21.8%) pushed the other way.

FIW rose 1.5% in the week to October 28, 2026. The holdings that moved it most were Pentair (+21.8%), Roper Technologies (+10.8%) and Hawkins (+18.2%); Xylem (−17.0%) pushed the other way.

What do CGW and FIW each hold?

What's inside CGW: Tech 2%.

55% of CGW is its ten largest holdings.

What's inside FIW: Tech 16%.

41% of FIW is its ten largest holdings.

How much do CGW and FIW overlap? 35.3% by weight

As of October 28, 2026, CGW and FIW overlap 35.3% by weight.

48% of CGW is already inside FIW.

40% of FIW is already inside CGW.

CGW holds 73 companies and FIW holds 37; 16 are in both.

Computed by ETF Copilot from both funds' holdings rather than quoted from a data provider, and rebuilt nightly.

How does ETF Copilot score CGW and FIW? 4.1 and 4.9 out of 10

As of October 28, 2026, ETF Copilot scores CGW 4.1 out of 10 and FIW 4.9 out of 10.

They differ most on Growth: CGW 0.4 and FIW 2.6.

The five factor scores behind them are set out below, 0–10 and higher is better, ranked against every US equity ETF we track.

CGW vs FIW — ETF Copilot factor scores, 0–10
FactorCGWFIW
Growth0.42.6
Value9.38.7
Risk5.45.8
Quality5.75.1
Return2.63.9

FIW is the cheaper of the two at 0.50% a year

As of October 28, 2026, CGW charges 0.58% a year, yields 1.58% and holds $1.0B in assets across 73 positions.

As of October 28, 2026, FIW charges 0.50% a year, yields 0.72% and holds $1.8B in assets across 37 positions.

CGW vs FIW — cost, income and size
MeasureCGWFIW
Expense ratio0.58%0.50%
Dividend yield1.58%0.72%
Assets under management$1.0B$1.8B
Holdings7337

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

Compare with similar funds

Cite this

ETF Copilot, “CGW vs FIW holdings overlap and scores”, as of October 28, 2026.
https://etf-copilot.com/compare/cgw-vs-fiw

  1. Invesco S&P Global Water Index ETF (CGW)
  2. First Trust Water ETF (FIW)

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