EFRA vs. FIW ETF Comparison

Comparison of iShares Environmental Infrastructure and Industrials ETF (EFRA) to First Trust ISE Water Index Fund (FIW)

EFRA

iShares Environmental Infrastructure and Industrials ETF

EFRA Description

The fund seeks to track the investment results of the index, which has been developed by FTSE International Limited (the "index provider" or "FTSE"). It is non-diversified.

Grade (RS Rating)

Last Trade

$33.19

Average Daily Volume

547

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FIW

First Trust ISE Water Index Fund

FIW Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the ISE Water Index(TM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is a modified market-capitalization weighted portfolio of 36 stocks of companies as of March 31, 2013 that derive a substantial portion of their revenues from the potable and wastewater industries. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$108.58

Average Daily Volume

35,750

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EFRA	FIW
30 Days	0.09%	0.93%
60 Days	-0.95%	1.11%
90 Days	0.73%	1.39%
12 Months	24.17%	25.31%

14 Overlapping Holdings

Symbol	Grade	Weight in EFRA	Weight in FIW	Overlap
AWK	C	5.44%	3.83%	3.83%
AWR	B	1.11%	2.09%	1.11%
BMI	B	2.29%	3.1%	2.29%
CWT	C	1.03%	1.85%	1.03%
FELE	B	1.72%	2.05%	1.72%
LNN	B	0.47%	1.26%	0.47%
MWA	B	1.35%	2.28%	1.35%
PNR	A	6.26%	4.19%	4.19%
SJW	F	0.64%	1.16%	0.64%
TTEK	F	3.91%	3.04%	3.04%
WMS	F	3.29%	2.98%	2.98%
WTRG	B	3.45%	3.5%	3.45%
WTS	B	2.06%	2.15%	2.06%
XYL	D	5.63%	3.57%	3.57%

EFRA Overweight 3 Positions Relative to FIW

Symbol	Grade	Weight
WAB	B	7.13%
SW	A	6.92%
CLH	C	4.59%

EFRA Underweight 18 Positions Relative to FIW

Symbol	Grade	Weight
IEX	C	-4.41%
WAT	C	-4.12%
ROP	B	-3.98%
ECL	D	-3.9%
ACM	B	-3.83%
MLI	B	-3.74%
VLTO	C	-3.67%
A	D	-3.56%
IDXX	F	-3.5%
CNM	D	-2.76%
AOS	F	-2.59%
ZWS	B	-2.42%
VMI	B	-2.39%
ITRI	C	-2.26%
MSEX	C	-1.31%
SBS	B	-1.25%
HWKN	B	-1.23%
MEG	F	-0.68%