FIW
StockFirst Trust Water ETF
One email when a drop — in price or in valuation — is historically rare for FIW. Otherwise we stay quiet.
Bigger than its usual dip. Not yet rare.
First Trust Water ETF is 9.1% off its high — deeper than its 3% average pullback, but it has been through 205 drawdowns before. Not historically significant yet — we'll say so if that changes.
Moderately Elevated
Current Drawdown
-9.1%
Days in Drawdown
233
Avg Max Drawdown
3.0%
Avg Length
31
Drawdown Severity Score™
2.3
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 currently in a drawdown that is unusual by its own historical standards. As of 2026-09-28, the stock is trading at $104.90, which represents a 9.1% decline from its all-time high of $115.42. This drawdown has persisted for 233 days.
Based on its full tracked price history, First Trust Water ETF typically experiences drawdowns averaging 3.0% in depth, with an average duration of 31 days. First Trust Water ETF has gone through 205 total drawdown events in its tracked history. The largest drawdown on record for First Trust Water ETF was 52.8%, beginning in 2008. The longest drawdown duration on record was 1030 days.
The Drawdown Severity Score™ for First Trust Water ETF currently stands at 2.30. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score between 2.0 and 3.0 indicates a moderately elevated drawdown that's starting to exceed this asset's normal range.
Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns: periods when the price declines from all-time highs before recovering. By analyzing First Trust Water ETF's historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that is rare by that stock's own historical standards.
📜 Historical Drawdown Events
Current drawdown shown in blue. Showing the most recent and the deepest of 205 tracked pullbacks (65 listed).
| Start Date | End Date | Duration | Max Depth | Start Price | Lowest Price | Recovery Price |
|---|---|---|---|---|---|---|
| 2026-02-07 | Ongoing | 233 days | -9.1% | $115.42 | $104.90 | n/a |
| 2026-01-16 | 2026-01-22 | 7 days | -2.2% | $115.40 | $112.81 | $115.42 |
| 2025-10-22 | 2026-01-15 | 86 days | -7.8% | $115.05 | $106.11 | $115.40 |
| 2025-08-25 | 2025-10-20 | 57 days | -4.4% | $114.26 | $109.17 | $114.35 |
| 2025-08-14 | 2025-08-22 | 9 days | -2.1% | $113.84 | $111.45 | $114.26 |
| 2025-07-11 | 2025-08-12 | 33 days | -3.1% | $110.22 | $106.77 | $112.09 |
| 2025-07-07 | 2025-07-09 | 3 days | -0.8% | $109.68 | $108.77 | $109.70 |
| 2024-11-07 | 2025-07-03 | 238 days | -18.3% | $109.48 | $89.42 | $109.68 |
| 2024-10-17 | 2024-11-06 | 21 days | -4.4% | $108.40 | $103.62 | $109.48 |
| 2024-10-15 | 2024-10-16 | 2 days | -0.0% | $108.07 | $108.06 | $108.40 |
| 2024-10-01 | 2024-10-14 | 14 days | -1.9% | $107.92 | $105.87 | $108.07 |
| 2024-09-20 | 2024-09-27 | 8 days | -1.3% | $107.17 | $105.75 | $107.64 |
| 2024-09-03 | 2024-09-19 | 17 days | -5.2% | $106.07 | $100.51 | $107.17 |
| 2024-08-27 | 2024-08-30 | 4 days | -0.8% | $105.71 | $104.91 | $106.07 |
| 2024-08-01 | 2024-08-23 | 23 days | -4.8% | $105.53 | $100.49 | $105.70 |
| 2024-05-16 | 2024-07-31 | 77 days | -8.4% | $105.49 | $96.60 | $105.53 |
| 2024-05-13 | 2024-05-14 | 2 days | -0.6% | $104.27 | $103.63 | $104.33 |
| 2024-04-01 | 2024-05-03 | 33 days | -5.4% | $100.43 | $95.03 | $100.74 |
| 2024-03-22 | 2024-03-27 | 6 days | -1.4% | $100.20 | $98.79 | $100.33 |
| 2024-03-08 | 2024-03-20 | 12 days | -1.3% | $98.11 | $96.79 | $98.95 |
| 2024-03-05 | 2024-03-07 | 3 days | -1.5% | $97.55 | $96.10 | $98.11 |
| 2024-02-16 | 2024-02-26 | 11 days | -0.8% | $95.43 | $94.69 | $95.53 |
| 2024-02-13 | 2024-02-15 | 3 days | -2.2% | $94.81 | $92.76 | $95.43 |
| 2023-12-29 | 2024-02-08 | 42 days | -4.5% | $93.74 | $89.49 | $93.80 |
| 2023-12-20 | 2023-12-22 | 3 days | -1.3% | $92.64 | $91.41 | $93.02 |
| 2023-12-15 | 2023-12-19 | 5 days | -1.1% | $92.39 | $91.41 | $92.64 |
| 2021-11-22 | 2023-12-14 | 753 days | -28.5% | $91.88 | $65.66 | $92.39 |
| 2021-11-17 | 2021-11-18 | 2 days | -0.1% | $91.01 | $90.91 | $91.25 |
| 2021-11-15 | 2021-11-16 | 2 days | -0.4% | $90.84 | $90.44 | $91.01 |
| 2021-11-09 | 2021-11-12 | 4 days | -0.2% | $90.53 | $90.38 | $90.84 |
| 2021-09-03 | 2021-11-04 | 63 days | -7.3% | $88.85 | $82.38 | $89.07 |
| 2021-08-31 | 2021-09-02 | 3 days | -0.5% | $88.12 | $87.71 | $88.85 |
| 2021-08-26 | 2021-08-27 | 2 days | -0.7% | $87.16 | $86.56 | $87.40 |
| 2021-08-17 | 2021-08-24 | 8 days | -1.9% | $86.56 | $84.90 | $86.62 |
| 2021-08-09 | 2021-08-11 | 3 days | -0.5% | $85.62 | $85.22 | $86.01 |
| 2021-08-04 | 2021-08-06 | 3 days | -0.4% | $85.62 | $85.29 | $85.62 |
| 2021-08-02 | 2021-08-03 | 2 days | -0.3% | $84.58 | $84.30 | $85.62 |
| 2021-07-26 | 2021-07-28 | 3 days | -0.1% | $83.26 | $83.14 | $83.42 |
| 2021-07-22 | 2021-07-23 | 2 days | -0.5% | $82.61 | $82.22 | $83.26 |
| 2021-07-13 | 2021-07-21 | 9 days | -2.5% | $82.23 | $80.20 | $82.61 |
| 2021-07-08 | 2021-07-09 | 2 days | -1.3% | $81.60 | $80.53 | $81.84 |
| 2021-07-02 | 2021-07-07 | 6 days | -0.4% | $81.16 | $80.86 | $81.60 |
| 2021-06-16 | 2021-07-01 | 16 days | -4.0% | $80.98 | $77.77 | $81.16 |
| 2021-06-14 | 2021-06-15 | 2 days | -0.2% | $80.81 | $80.68 | $80.98 |
| 2021-05-10 | 2021-06-11 | 33 days | -4.4% | $80.75 | $77.19 | $80.81 |
| 2021-04-26 | 2021-05-07 | 12 days | -1.2% | $80.18 | $79.20 | $80.75 |
| 2021-04-19 | 2021-04-21 | 3 days | -1.1% | $78.91 | $78.04 | $79.12 |
| 2021-04-13 | 2021-04-15 | 3 days | -0.3% | $77.71 | $77.50 | $78.37 |
| 2021-04-07 | 2021-04-12 | 6 days | -1.4% | $77.59 | $76.53 | $77.71 |
| 2021-03-16 | 2021-04-01 | 17 days | -3.6% | $75.57 | $72.84 | $76.21 |
| 2021-02-25 | 2021-03-12 | 16 days | -4.7% | $74.88 | $71.33 | $75.20 |
| 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).
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Or explore current drawdowns:
First Trust Water ETF (FIW) is trading at $104.90 as of Sep 28, 2026. It is 9.1% below its high of $115.42. The drawdown has lasted 233 days. Severity score: 2.3 (Moderately Elevated).
FIW Price History and Drawdown Data
Latest price
$104.90
High-water mark
$115.42
Current drawdown
-9.1%
Days in drawdown
233
This FIW page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior First Trust Water ETF drawdowns.
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 -9.1% has lasted 233 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 |
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