CGW vs FIW: holdings overlap, shared companies and scores

As of September 11, 2026, CGW and FIW overlap 37.0% 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 September 11, 2026

How much do CGW and FIW overlap?

As of September 11, 2026, CGW and FIW overlap 37.0% by weight.

48% of CGW is already inside FIW.

42% of FIW is already inside CGW.

CGW holds 66 companies and FIW holds 37; 17 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?

As of September 11, 2026, ETF Copilot scores CGW 5.4 out of 10 and FIW 4.2 out of 10.

They differ most on Growth: CGW 7.0 and FIW 2.0.

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
Growth7.02.0
Valuation9.89.5
Risk4.64.5
Quality4.22.8
Return2.33.5

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

As of September 11, 2026, CGW charges 0.58% a year, yields 2.17% and holds $1.0B in assets across 66 positions.

As of September 11, 2026, FIW charges 0.50% a year, yields 1.12% and holds $1.8B in assets across 37 positions.

CGW vs FIW — cost, income and size
MeasureCGWFIW
Expense ratio0.58%0.50%
Dividend yield2.17%1.12%
Assets under management$1.0B$1.8B
Holdings6637

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.

What moved CGW and FIW this week

CGW fell 1.8% in the week to September 11, 2026. The holdings that moved it most were American Water Works (−2.3%), Veralto (−3.9%) and Advanced Drainage Systems (−5.2%); CIA de Saneamento Basico DO Estado de SAO Paulo (+2.3%) pushed the other way.

FIW fell 3.0% in the week to September 11, 2026. The holdings that moved it most were Roper Technologies (−8.0%), Core & Main (−7.6%) and Veralto (−3.9%); Valmont Industries (+1.8%) pushed the other way.

What do CGW and FIW each hold?

What's inside CGW: Tech 1%.

56% of CGW is its ten largest holdings.

What's inside FIW: Tech 8%.

43% of FIW is its ten largest holdings.

Compare with similar funds

Cite this

ETF Copilot, “CGW vs FIW holdings overlap and scores”, as of September 11, 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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