VS
iShares Global Water Index ETF (CWW) and iShares Global Agriculture Index ETF (COW) offer distinct profiles for Canadian ETF investors. A direct comparison shows that CWW focuses its top 3 sector exposures on Utilities, Industrials, and Non-Energy Materials, while COW leans towards Consumer Non-Cyclicals, Non-Energy Materials, and Industrials. When evaluating costs, CWW features a management fee (MER) of 0.6%, compared to 0.65% for COW. Performance-wise, CWW has returned 3.86% year-to-date with -$17 M in net flows, whereas COW is at 10.72% with +$19 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
CWW
COW
| AuM | $286.88 M | $264.67 M |
| Management Fees | 0.60% | 0.65% |
| Exp. ratio | 0.66% | 0.71% |
| Tracking Difference | -0.99% | - |
Historical performance and flows
As of October 30, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CWW | +1.06% | -1.30% | +3.86% | +2.01% | +51.07% |
COW | -2.70% | -4.47% | +10.72% | +9.41% | +22.32% | |
| Flows | CWW | -$7 M | -$8 M | -$17 M | -$21 M | -$118 M |
COW | -$11 M | -$3 M | +$19 M | +$19 M | -$82 M |
CWW vs COW exposure
Countries
CWW
USA
55.31%
United Kingdom
14.34%
Brazil
10.67%
Other
19.68%
COW
USA
81.85%
Canada
7.84%
Other
10.31%
Sectors
CWW
Utilities
46.38%
Industrials
34.66%
Non-Energy Materials
15.26%
COW
Consumer Non-Cyclicals
37.98%
Non-Energy Materials
34.29%
Industrials
24.62%
As of October 30, 2026
Top 10 Holdings
CWW
American Water Works Co., Inc.
8.09%
Companhia de Saneamento Basico do Estado de Sao Paulo SABESP
7.70%
Xylem, Inc.
7.03%
Essential Utilities, Inc.
5.84%
United Utilities Group Plc
5.83%
Severn Trent Plc
5.27%
Veralto Corp.
4.76%
Ecolab, Inc.
4.13%
Geberit AG
3.61%
Watts Water Technologies, Inc.
3.41%
COW
Deere & Co.
10.09%
Archer-Daniels-Midland Co.
9.56%
Corteva, Inc.
9.21%
Nutrien Ltd.
6.84%
Tyson Foods, Inc.
6.11%
AGCO Corp.
6.10%
Bunge Global SA
5.76%
The Andersons, Inc.
5.67%
Ingredion, Inc.
4.85%
Sociedad Quimica y Minera de Chile SA
4.71%
Diversification
CWW
Total weight of top 10 holdings out of 66 total
55.67%
COW
Total weight of top 10 holdings out of 35 total
68.90%
Characteristics
Compare
CWW
COW
| Provider | iShares | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | S&P Global Water Total Return Index - CAD | MFC Custom Global Agriculture Total Return Index - USD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.30% | 1.44% |
| Meets ESG criteria | Yes | No |
| Inception Date | June 4, 2007 | December 19, 2007 |
Frequently asked questions about CWW and COW
Which ETF has performed better year to date: CWW or COW?
As of October 30, 2026, CWW has returned 3.86% year to date, while COW has returned 10.72%. COW is ahead on YTD performance.
Which ETF is larger by assets under management: CWW or COW?
As of October 30, 2026, CWW manages $286.88 M in assets, while COW manages $264.67 M. CWW is the larger fund by AUM.
How are CWW and COW managed?
CWW is passively managed by iShares. It tracks the S&P Global Water Total Return Index - CAD benchmark. COW is passively managed by iShares. It tracks the MFC Custom Global Agriculture Total Return Index - USD benchmark.
What sectors do CWW and COW emphasize?
CWW is most exposed to Utilities, Industrials, and Non-Energy Materials. COW is most exposed to Consumer Non-Cyclicals, Non-Energy Materials, and Industrials.
Which ETF is attracting more investor flows: CWW or COW?
Year to date, CWW has seen -$16.54 M in net flows, compared with +$19.30 M for COW. COW has attracted more net investor money so far.
How do the fees of CWW and COW compare?
CWW has an expense ratio of 0.66%, while COW has an expense ratio of 0.71%.
What are the top holdings of CWW and COW?
CWW's largest holdings include American Water Works Co., Inc., Companhia de Saneamento Basico do Estado de Sao Paulo SABESP, and Xylem, Inc.. COW's top holdings include Deere & Co., Archer-Daniels-Midland Co., and Corteva, Inc..
Which ETF is more diversified: CWW or COW?
CWW holds 66 securities, while COW holds 35. On holdings count, CWW is the more diversified portfolio.
Recent articles about CWW and COW
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