FIW ETF: Water Stocks Still Expensive Despite Weak Returns (NYSEARCA:FIW)
· seekingalpha.com
FIW downgraded to a sell: weak fundamentals, high P/E, low ROIC and weak margins hurt risk-adjusted returns vs peers like PHO. See more here.
I last reviewed the First Trust Water ETF ( FIW ) on February 11, 2026, when I judged that its relatively weak fundamentals did not justify an investment even a...