Q: Saw a recent Q/A regarding water ETFs and you did not mention CWW. Owned this for around 8 years and up 88% not including small dividend and satisfied. Put it on chart with PHO and FIW and see it underperforms. Any need to switch?
Thank you
Steve
Thank you
Steve
5i Research Answer:
We do not see any pressing need to switch. PHO and FIW's top five holdings vary a bit compared to CWW's which is the likely reason for the difference in performance. The reason we recommended other options over CWW is due to its smaller size at $310M net assets and higher expense ratio at 0.66%. CWW has displayed a lag over the last five years to PHO and FIW, but it has outperformed PHO on a ten year basis.