The comptip is filled with foam, but the cap is not necessarily watertight. The aluminum/comptip seam should be sealed, though this is a difficult area due to the sail track. As a boat ages, the epoxy adhesive holding the two parts of the mast together can degrade and allow leakage. I don't know if the foam extends through the entire comptip. Someone else may. On my boat I went ahead and removed the cap and sealed with 3M 5200 just to be sure. <br><br>