First Trust Water ETF
First Trust Water ETF (FIW) Implied Volatility Current
FIW's 30 day implied volatility is 22.23%, with an IV Rank of 79.76%. This is a high IV Rank versus the past year, meaning First Trust Water ETF options are relatively expensive and currently favor sellers. FIW's 30 day historical volatility sits at 18.39%, which means implied volatility is running 3.84 points above historical volatility, as of Nov 5, 2026.
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Tracking FIW implied volatility helps you spot when First Trust Water ETF options are historically cheap or expensive, and where the best trades are hiding. When FIW IV rises, premiums increase and sellers get more attractive pricing, and when it drops, buyers find cheaper contracts. Use our scanner to monitor FIW implied volatility current levels in real time and filter for high probability trades.
Implied volatility is derived from option prices and represents the annualized expected move of a stock. Tracking FIW IV rank helps you see whether FIW's implied volatility is historically high or low, since IV rank compares today's reading against the past year's range. A high rank signals relatively expensive premiums and tends to favor sellers, a low rank signals relatively cheap premiums and tends to favor buyers.
The First Trust Water ETF is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before fees and expenses, of an equity index called the ISE Clean Edge Water Index.
Implied Volatility
IV is highly elevated. Premiums are expensive, strongly favoring sellers.
As of Nov 5, 2026
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