FIW
ETFFirst Trust Water ETF
One email when a drop — in price or in valuation — is historically rare for FIW. Otherwise we stay quiet.
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First Trust Water ETF is 1.2% off its high — within touching distance of its all-time high. Go live your life, we're watching.
Typical
Current Drawdown
-1.2%
Days in Drawdown
4
Avg Max Drawdown
3.0%
Avg Length
31
Drawdown Severity Score™
0.3
FIW - Price & High Water Mark
FIW - Drawdown Timeline
How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.
First Trust Water ETF (FIW) Analysis: Current Drawdown Insights
First Trust Water ETF is trading slightly below its recent peak. As of 2026-11-13, the fund's price is $117.19, just 1.2% below its all-time high of $118.63.
FIW by the numbers
- FIW is within 1.2% of its high, set 4 days ago.
- Since 2007, FIW has fallen 20% or more 5 times, about one every 4 years, and 30% or more 2 times.
- After a 20%+ decline, FIW has typically needed 2 years to return to its high. The fastest round trip took 8 months (from Feb 2020).
- Its worst decline on record began in Jun 2008 and reached 53%. It was 3 years before FIW closed at a new high.
The Drawdown Severity Score™ for First Trust Water ETF currently stands at 0.31. A score below 2.0 indicates a normal drawdown within the fund's typical range: a routine pullback.
New to drawdowns? Read what a drawdown is.
📜 Historical Drawdown Events
Current drawdown shown in blue. Below are 22 of FIW's larger declines from its 205 tracked pullbacks, newest first.
| Start Date | End Date | Duration | Max Depth | Start Price | Lowest Price | Recovery Price |
|---|---|---|---|---|---|---|
| 2026-11-09 | Ongoing | 4 days | -1.2% | $118.63 | $117.19 | n/a |
| 2025-10-22 | 2026-01-15 | 86 days | -7.8% | $115.05 | $106.11 | $115.40 |
| 2024-11-07 | 2025-07-03 | 238 days | -18.3% | $109.48 | $89.42 | $109.68 |
| 2024-09-03 | 2024-09-19 | 17 days | -5.2% | $106.07 | $100.51 | $107.17 |
| 2024-05-16 | 2024-07-31 | 77 days | -8.4% | $105.49 | $96.60 | $105.53 |
| 2024-04-01 | 2024-05-03 | 33 days | -5.4% | $100.43 | $95.03 | $100.74 |
| 2021-11-22 | 2023-12-14 | 753 days | -28.5% | $91.88 | $65.66 | $92.39 |
| 2021-09-03 | 2021-11-04 | 63 days | -7.3% | $88.85 | $82.38 | $89.07 |
| 2021-01-13 | 2021-02-08 | 27 days | -6.5% | $74.00 | $69.16 | $74.21 |
| 2020-02-20 | 2020-10-08 | 231 days | -36.6% | $61.43 | $38.95 | $61.49 |
| 2018-09-21 | 2019-02-25 | 158 days | -19.5% | $49.03 | $39.47 | $49.18 |
| 2018-01-29 | 2018-07-26 | 178 days | -9.3% | $47.25 | $42.84 | $47.59 |
| 2016-06-09 | 2016-07-12 | 34 days | -7.8% | $33.87 | $31.23 | $33.93 |
| 2014-06-23 | 2016-04-20 | 668 days | -22.2% | $32.34 | $25.15 | $32.40 |
| 2013-12-30 | 2014-02-26 | 59 days | -7.5% | $30.97 | $28.64 | $31.01 |
| 2013-05-22 | 2013-07-11 | 51 days | -8.0% | $26.63 | $24.51 | $26.75 |
| 2012-11-07 | 2012-11-29 | 23 days | -7.0% | $22.58 | $21.00 | $22.75 |
| 2012-04-03 | 2012-08-17 | 137 days | -12.3% | $21.74 | $19.07 | $21.91 |
| 2011-07-08 | 2012-02-23 | 231 days | -25.1% | $21.31 | $15.96 | $21.35 |
| 2011-04-07 | 2011-07-07 | 92 days | -8.8% | $21.24 | $19.37 | $21.31 |
| 2008-06-06 | 2011-04-01 | 1030 days | -52.8% | $21.03 | $9.93 | $21.10 |
| 2007-10-10 | 2008-05-28 | 232 days | -19.0% | $20.41 | $16.54 | $20.50 |
| 2007-07-20 | 2007-09-19 | 62 days | -9.6% | $19.65 | $17.76 | $19.68 |
How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).
Know the Moment Severity Changes
Since 2016, 75% of 1,141 Strong Buy and Ultra Buy alerts are in profit, up 201% on average vs 140% for the S&P 500 over the same windows (typical alert +83% vs +110%).
See every alert, losers included • Simulated, past results do not predict future results
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Or explore current drawdowns:
FIW Price History and Drawdown Data
Latest price
$117.19
High-water mark
$118.63
Current drawdown
-1.2%
Days in drawdown
4
What History Says About FIW
First Trust Water ETF has dropped 10%+ from its high 9 times in its tracked history. These events lasted an average of 409 days with an average max drop of -26.0%.
The current drawdown of -1.2% has lasted 4 days, which is within the typical range for comparable events.
| Period | Max Drop | Duration |
|---|---|---|
| Jun 2008 to Apr 2011 | -52.8% | 1030 days |
| Feb 2020 to Oct 2020 | -36.6% | 231 days |
| Nov 2021 to Dec 2023 | -28.5% | 753 days |
| Jul 2011 to Feb 2012 | -25.1% | 231 days |
| Jun 2014 to Apr 2016 | -22.2% | 668 days |
| Sep 2018 to Feb 2019 | -19.5% | 158 days |
Past Strong Buy alerts for FIW
Simulated from our published thresholds, one alert per drawdown episode. Prices through Nov 13, 2026. Past results do not predict future results.
| Alert date | Level | Price at alert | Return to date | S&P 500, same window | vs S&P 500 |
|---|---|---|---|---|---|
| Mar 20, 2020 | Strong Buy | $40.79 | +187% | +257% | Lagged |
Put FIW on your shopping list
We stay quiet on normal days. One free email on the rare day First Trust Water ETF falls further than it almost ever falls — the day that may be worth your attention.
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ETFs in a similar drawdown
These are the tracked ETFs whose current drawdown from their prior high is closest to FIW's. Percentages are each one's current drawdown. This is a comparison list, not a recommendation.
- RSPInvesco S&P 500 Equal Weight ETF-1.0% current drawdown
- SCHYSchwab International Dividend Equity ETF-1.5% current drawdown
- VHTVanguard Health Care Index Fund ETF Shares-0.9% current drawdown
- QUALiShares MSCI USA Quality Factor ETF-1.6% current drawdown
- VOEVanguard Mid-Cap Value Index Fund ETF Shares-0.7% current drawdown
- VTVVanguard Value Index Fund ETF Shares-0.6% current drawdown
ETFs that usually fall about as much as FIW
Ranked by the average size of each one's declines from a high over its tracked history. FIW's average is 3.0%. This is a comparison list, not a recommendation.
- IWFM.LiShares Edge MSCI World Momentum Factor UCITS ETF USD (Acc)2.9%average decline
- VEAVanguard FTSE Developed Markets Index Fund ETF Shares2.9%average decline
- COLOGlobal X MSCI Colombia ETF3.0%average decline
- GLDSPDR Gold Shares3.0%average decline
- VBRVanguard Small-Cap Value Index Fund ETF Shares3.0%average decline
- VBVanguard Small-Cap Index Fund ETF Shares3.0%average decline
Learn More About Drawdowns
What is a Drawdown?
Definition, formula, and real examples
Biggest Drawdowns Ranked
How this asset's decline compares with the deepest in the tracked record
S&P 500 Drawdown History
Every major index decline with depth, duration, and recovery
Understanding Severity Scores
How our scoring compares to maximum drawdown
Our Methodology
Technical details behind the data
The Drawdown Severity Score
Our proprietary scoring algorithm explained
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About this data
- Source
- Adjusted daily closing prices from Yahoo Finance, so splits and dividends don't show up as drops.
- Coverage
- Jul 20, 2007 to Nov 13, 2026, about 19 years. 205 declines from a high recorded for FIW.
- Updated
- After each U.S. trading day closes. This page shows the close of Nov 13, 2026.
- How it's calculated
- A drawdown runs from a closing high to the next new high. See the methodology and how the Severity Score works.
Published by DrawdownAlerts. Historical facts only, not investment advice.