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Launched · SEC filings

Global X Clean Water ETF

AQWANasdaqGlobal XC

$19.13−0.21 (−1.08%)

As of Nov 10, 2026, 11:16 AM ET

C48/ 100

Rank 5 of 6 in Water

C48/100Rank 5 of 6inWater
Intraday session: down, 22 prints from 19.34 to 19.13. Range 19.07 to 19.26. Use the arrow keys to read each point.19.1019.2019.2519.3010 AM12 PM2 PM4 PM
Expense ratio
0.50%
Fund size
$21M
1Y total return
+1.0%
Yield · Last 12 months
1.54%
Holdings
43
Avg volume · 30D
5.23K sh
52W range
low $17.71high $20.92
Launched
Filings
SEC EDGAR

The ETF.net AQWA Grade

Based on 5 of 6 pillars

C

Score 48 out of 100

Category
Water⁠
Rank
5 of 6
Six-pillar profile for AQWA. Scores out of 100: Cost 66, Risk 53, Mission not scored, Tradability 23, Holdings 40, Durability 21. Strongest: Cost (66). Weakest: Durability (21). Based on 5 of 6 pillars.

Score 48 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    B66 out of 100
    Rank 2 of 6

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C53 out of 100
    Rank 3 of 6

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    F23 out of 100
    Rank 5 of 6

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C40 out of 100
    Rank 5 of 6

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    F21 out of 100
    Rank 6 of 6

Our read on AQWA

ETF.net Research

In short

CGlobal X's 2021 entry into water, built narrower than the old guard: roughly 40 companies worldwide working on treatment, purification, storage and distribution. The pitch is pipes and filters, not a broad utility basket.

Stated mandate

AQWA seeks to invest in companies advancing clean-water provision, including water treatment, storage and distribution infrastructure, purification, and efficiency strategies.

Why people hold it

  • Costs 0.50% a year, on the cheaper side of the water fund field. A fee edge is fixed and known, unlike anything else about a theme fund.
  • Follows a rules-based index (Solactive Global Clean Water Industry) rather than a manager's hunches, so the water definition is written down before the money moves.globalxetfs.com
  • Mandate is global and specific: treatment, purification, storage, distribution infrastructure and efficiency, wherever those companies are listed.globalxetfs.com

Worth knowing

  • Small asset base and thin trading. Bid-ask spreads can widen, and tiny funds carry more closure risk than entrenched ones.
  • Roughly 40 stocks in one theme. A handful of names can drive the whole ride, up or down.
  • Launched 2021, so it is the newcomer against water veterans like FIW, CGW and PHO, and it sits in the lower half of our water group on the current review.

AQWA Performance

Launched Apr 8, 2021

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.
AQWA$10,099
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,339
Nov 7, 2025 to Nov 9, 2026. AQWA $10,099. SPY $11,339. Use the arrow keys to read each point.$10,000$11,000Nov 2025May 2026Nov 2026

Nov 7, 2025 – Nov 9, 2026

Returns run to the Nov 9, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for AQWA. Periods over one year show the average yearly return.
PeriodAQWA
Year to date+3.7%
1 month+7.3%
3 months−2.5%
1 year+1.0%
3 yearsper year+11.6%
5 yearsper year+3.8%
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for AQWA
YearReturn barAQWA
2026 YTD+3.7%
2025+13.2%
2024+4.3%
2023+20.2%
2022−19.9%
2021+15.8%

History from Apr 12, 2021

AQWA in the news

AQWA Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Nov 9, 2026.
1.54%Last 12 months
Payout per share
$0.30Last 12 months
Last payment
$0.13 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Twice a year

Distribution history

2021–2026

One bar per payment. 11 payments from 2021 to 2026 YTD. Jun 29, 2021 $0.04; Dec 30, 2021 $0.17; Jun 29, 2022 $0.08; Dec 29, 2022 $0.14; Jun 29, 2023 $0.11; Dec 28, 2023 $0.14; Jun 27, 2024 $0.08; Dec 30, 2024 $0.15; Jun 27, 2025 $0.10; Dec 30, 2025 $0.17; Jun 29, 2026 $0.13. Use the arrow keys to read each point.202120222023202420252026YTD
Ex-datePay dateAmount per share
Jun 29, 2026Jul 7, 2026$0.13
Dec 30, 2025Jan 7, 2026$0.17
Jun 27, 2025Jul 7, 2025$0.10
Dec 30, 2024Jan 7, 2025$0.15
Jun 27, 2024Jul 5, 2024$0.08
Dec 28, 2023Jan 8, 2024$0.14
Jun 29, 2023Jul 10, 2023$0.11
Dec 29, 2022Jan 9, 2023$0.14
Jun 29, 2022Jul 8, 2022$0.08
Dec 30, 2021Jan 7, 2022$0.17
Jun 29, 2021Jul 8, 2021$0.04

$10,000 in AQWA 5 years ago paid $733 in dividends.

AQWA Risk

Risk pillarC53 out of 100Rank 3 of 6 in Water
How much the fund’s monthly returns vary, scaled to a year.
15.4%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.51
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−29.5%
Trough Oct 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.78
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

AQWA Cost

Compare AQWA and TBLU

Overpaying vs TBLU, cheapest in Water

$1,889

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • AQWA 0.50%

    $9,979

  • TBLU 0.40% Cheapest

    $8,090

$10,000
30 years

Cost over time

  • AQWA 0.50%
  • TBLU 0.40%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530AQWA $9,979TBLU $8,090

Year by year

YearAQWATBLUOverpaying
10$900$723$177
20$3,460$2,793$667
30$9,979$8,090$1,889

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