Core Viewpoint - The Invesco S&P Global Water Index ETF (CGW) is designed to provide investors exposure to companies involved in water-related technology and management, with a focus on large-cap constituents and a total asset under management of $1.01 billion [2][3]. Group 1: ETF Overview - CGW was launched on May 14, 2007, and is a passively managed sector ETF that tracks the S&P Global Water Index [3]. - The ETF has substantial liquidity, with an average daily trading volume of $1.91 million and a low bid/ask spread of 10 basis points [3]. - The S&P Global Water Index includes companies operating in water-related businesses, requiring a minimum market cap of $300 million and a float-adjusted market cap of $100 million [4]. Group 2: Geographic and Sector Exposure - The portfolio is geographically diversified, with approximately 60% in the US, 11.80% in the UK, 8.33% in Brazil, and 7.33% in Switzerland [5]. - Sector exposure is primarily in industrials (46.74%) and utilities (43.35%), making it a potential portfolio diversifier [7][9]. Group 3: Holdings and Performance - CGW utilizes a sampling method with 64 holdings, where the top 10 holdings account for 55% of the total portfolio weight [12]. - The ETF offers a distribution rate of $1.23 per share, yielding 1.91% on a trailing twelve-month basis, which is higher than the 1.08% yield of the S&P 500 [13]. - Compared to peer ETFs, CGW has a higher concentration in its top holdings, with the First Trust Water ETF (FIW) having a lower concentration at 40.88% for its top 10 holdings [16][18]. Group 4: Investment Strategy and Comparison - The water sector is experiencing secular growth trends, driven by increasing demand for water in various industries, making CGW suitable for both tactical positioning and long-term holding [15]. - CGW is one of the larger water sector ETFs, but FIW may offer a more optimal investment strategy due to its lower expense ratio and relative performance [16][18]. - CGW is best utilized as a satellite position within a diversified portfolio, providing differentiated exposure compared to broader market indices [23].

Group 1: Core Insights - The Invesco Global Water ETF (PIO) debuted on June 13, 2007, providing broad exposure to the Industrials ETFs category [1] - PIO is managed by Invesco and has accumulated over $274.11 million in assets, making it an average-sized ETF in its category [5] - The fund seeks to match the performance of the NASDAQ OMX Global Water Index, which tracks companies focused on water conservation and purification [5] Group 2: Cost and Performance - PIO has an annual operating expense ratio of 0.75%, which is considered high compared to other ETFs [6] - The ETF has a 12-month trailing dividend yield of 1.08% [6] - Year-to-date, PIO has increased by approximately 15.31% and has risen by about 12.26% over the past year [8] Group 3: Holdings and Risk - The top holding, Pentair Plc (PNR), constitutes about 8.22% of the fund's total assets, with the top 10 holdings making up approximately 59.35% of total assets [7] - PIO has a beta of 1.00 and a standard deviation of 17.55% over the trailing three-year period, indicating medium risk [9] Group 4: Alternatives - Alternatives to PIO include the First Trust Water ETF (FIW) and Invesco Water Resources ETF (PHO), with assets of $1.9 billion and $2.22 billion respectively [10] - FIW has an expense ratio of 0.51%, while PHO charges 0.59% [10]

Core Viewpoint - The Invesco Water Resources ETF (PHO) is a smart beta ETF designed to provide broad exposure to the Industrials ETFs category, focusing on companies involved in water conservation and purification [1][5]. Fund Overview - PHO was launched on December 6, 2005, and has accumulated over $2.18 billion in assets, making it one of the larger ETFs in its category [1][5]. - The fund aims to match the performance of the NASDAQ OMX US Water Index, which tracks US companies that create products for water conservation and purification [5]. Cost and Expenses - The annual operating expenses for PHO are 0.59%, which is competitive within its peer group [6]. - The ETF has a 12-month trailing dividend yield of 0.49% [6]. Sector Exposure and Holdings - The ETF has a significant allocation in the Industrials sector, comprising approximately 62.6% of the portfolio, with Utilities and Information Technology as the next largest sectors [7]. - Ferguson Enterprises Inc (FERG) is the largest holding at about 9.31%, followed by Ecolab Inc (ECL) and Roper Technologies Inc (ROP). The top 10 holdings account for around 60.13% of total assets [8]. Performance Metrics - As of July 31, 2025, PHO has gained approximately 7.23% over the past year and is up about 2.03% year-to-date [10]. - The ETF has traded between $58.13 and $72.14 in the last 52 weeks, with a beta of 0.99 and a standard deviation of 18.12% over the trailing three-year period, indicating medium risk [10]. Alternatives - Other ETFs in the water resources space include the Invesco S&P Global Water Index ETF (CGW) and the First Trust Water ETF (FIW), with assets of $972.33 million and $1.86 billion, respectively [12]. - CGW has an expense ratio of 0.56%, while FIW charges 0.51%, providing investors with lower-cost options [12].

Core Insights - The Invesco Water Resources ETF (PHO) is designed to provide broad exposure to the Industrials - Water segment of the equity market, launched on December 6, 2005 [1] - The ETF has amassed over $2.2 billion in assets, making it one of the larger ETFs in its category [3] - PHO seeks to match the performance of the NASDAQ OMX US Water Index, which tracks companies focused on water conservation and purification [3] Fund Details - The annual operating expenses for PHO are 0.59%, which is competitive within its peer group [4] - The ETF has a 12-month trailing dividend yield of 0.49% [4] - The fund has a heavy allocation in the Industrials sector, approximately 62.4% of the portfolio, with Utilities and Information Technology also significant [5] Holdings - Ferguson Enterprises Inc (FERG) is the largest holding, accounting for about 9.31% of total assets, followed by Ecolab Inc (ECL) and Roper Technologies Inc (ROP) [6] - The top 10 holdings make up approximately 60.13% of total assets under management [6] Performance Metrics - Year-to-date, PHO has gained about 8.05%, and it is up approximately 5.7% over the last year as of July 25, 2025 [7] - The fund has traded between $58.13 and $72.14 in the past 52 weeks [7] - PHO has a beta of 0.99 and a standard deviation of 18.19% for the trailing three-year period, indicating medium risk [7] Alternatives - PHO carries a Zacks ETF Rank of 3 (Hold), suggesting it is a sufficient option for investors seeking exposure to the Industrials ETFs area [8] - Other ETF options in the space include Invesco S&P Global Water Index ETF (CGW) and First Trust Water ETF (FIW), with assets of $983.39 million and $1.88 billion respectively [9]

Core Insights - The First Trust Water ETF (FIW) is designed to provide broad exposure to the Industrials - Water segment of the equity market and was launched on May 8, 2007 [1] - The ETF has amassed over $1.87 billion in assets, making it one of the larger ETFs in its category [3] - The fund seeks to match the performance of the ISE Clean Edge Water Index, which includes companies deriving substantial revenue from the potable and wastewater industry [4] Cost and Performance - The annual operating expenses for FIW are 0.51%, which is competitive within its peer group, and it has a 12-month trailing dividend yield of 0.71% [5] - The ETF has gained approximately 7.40% year-to-date and is up about 4.83% over the past year, with a trading range between $90.26 and $111.02 in the last 52 weeks [8] Sector Exposure and Holdings - The ETF has a significant allocation in the Industrials sector, accounting for about 57.50% of the portfolio, with Utilities and Healthcare following [6] - Ferguson Enterprises Inc. represents about 4.74% of total assets, with the top 10 holdings comprising approximately 39.78% of total assets under management [7] Risk Profile - The ETF has a beta of 1.02 and a standard deviation of 18.25% over the trailing three-year period, indicating a medium risk profile [8] Alternatives - The First Trust Water ETF holds a Zacks ETF Rank of 2 (Buy), indicating favorable expected returns and momentum [9] - Other alternatives in the water ETF space include Invesco S&P Global Water Index ETF (CGW) and Invesco Water Resources ETF (PHO), with assets of $990.66 million and $2.21 billion respectively [10]

Core Insights - The Invesco Global Water ETF (PIO) provides broad exposure to the Industrials - Water segment and is passively managed, appealing to both retail and institutional investors due to its low costs and tax efficiency [1][3] Fund Overview - PIO has assets exceeding $275.24 million and aims to match the performance of the NASDAQ OMX Global Water Index, which tracks companies focused on water conservation and purification [3] - The ETF has an annual operating expense ratio of 0.75%, making it one of the more expensive options in its category, with a 12-month trailing dividend yield of 1.08% [4] Holdings and Sector Exposure - The top holding, Pentair Plc (PNR), constitutes approximately 8.22% of total assets, followed by Veolia Environnement Sa (VIE) and Ecolab Inc (ECL) [5] - The top 10 holdings represent about 59.35% of total assets under management, indicating a concentrated investment strategy [6] Performance Metrics - PIO has experienced a gain of approximately 15.15% over the past year and is up about 9.49% year-to-date as of July 22, 2025 [7] - The ETF has traded within a range of $35.79 to $45.25 over the last 52 weeks, with a beta of 1.01 and a standard deviation of 17.74%, categorizing it as a medium-risk investment [7] Investment Alternatives - PIO holds a Zacks ETF Rank of 2 (Buy), suggesting it is a favorable option for investors seeking exposure to the Industrials ETFs segment [8] - Other alternatives include the First Trust Water ETF (FIW) and the Invesco Water Resources ETF (PHO), with assets of $1.85 billion and $2.19 billion respectively, and lower expense ratios of 0.51% and 0.59% [9]

Core Insights - The Invesco S&P Global Water Index ETF (CGW) is designed to provide broad exposure to the Industrials - Water segment of the equity market, launched on 05/14/2007 [1] - The ETF has accumulated over $981.10 million in assets, positioning it as an average-sized ETF in its category [3] - The ETF has a 12-month trailing dividend yield of 1.97% and annual operating expenses of 0.56% [4] Sector Overview - The Industrials - Water sector is ranked 4th among the 16 Zacks sectors, placing it in the top 25% [2] - Sector ETFs like CGW offer low-risk and diversified exposure to a broad group of companies within specific sectors [2] Fund Details - CGW aims to match the performance of the S&P Global Water Index, which includes developed market securities related to water utilities, infrastructure, equipment, instruments, and materials [3] - The top 10 holdings of CGW account for approximately 52.15% of total assets, with Xylem Inc (XYL) being the largest holding at 7.94% [5][6] Performance Metrics - The ETF has increased by about 14.91% year-to-date and is up roughly 9.62% over the past year, with a trading range between $51.36 and $63.29 in the last 52 weeks [7] - CGW has a beta of 0.97 and a standard deviation of 16.98% over the trailing three-year period, indicating it is a low-risk investment option [7] Alternatives - CGW holds a Zacks ETF Rank of 2 (Buy), indicating strong potential based on expected asset class return, expense ratio, and momentum [8] - Other ETFs in the water sector include the First Trust Water ETF (FIW) and the Invesco Water Resources ETF (PHO), with assets of $1.85 billion and $2.19 billion respectively [9][10]