Invesco Water Resources ETF
$69.07+0.28 (+0.40%)
- 0.59%
- $1.9B
- −3.6%
- 0.54%
- 0.1M sh
- $68.60
- low $63.54high $74.93
The ETF.net PHO Grade
C
Score 54 out of 100
- 3 of 6
Score 54 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.D38 out of 100Rank 4 of 6Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D39 out of 100Rank 6 of 6Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A88 out of 100Rank 1 of 6Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B63 out of 100Rank 2 of 6Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A77 out of 100Rank 1 of 6
Our read on PHO
CThe original water ETF, listed in 2005 and still on the same beat: about 40 US-listed companies that purify, pump and conserve water. Rivals roam the globe. This one stays home.
The fund seeks to track the NASDAQ OMX US Water Index, investing primarily in US-listed companies whose products are designed to conserve and purify water for homes, businesses, and industries.
Why people hold it
- Launched in 2005, one of the first water-themed ETFs anywhere, and today a multi-billion-dollar fund with two decades of live history behind the strategy.invesco.com
- Strictly domestic: the index holds US exchange-listed water names, while cohort peers CGW and TBLU cast a global net. A cleaner way to own the US water build-out.invesco.com
- A focused basket of roughly 40 names spanning pumps, pipes, filtration and water utilities, so the theme actually shows up in the portfolio. Pays quarterly.
Worth knowing
- At 0.59% a year it sits at the pricier end of the water shelf: FIW charges 0.50% and TBLU 0.40%.
- US-only by design, so water utilities and infrastructure listed overseas simply are not in the index.invesco.com
- One theme, about 40 stocks. A basket this narrow can travel a very different path from a broad market fund.
PHO Holdings
- Stocks
- 42
- 57%
- ECL
Sectors
- Industrials49.8%
- Health Care19.1%
- Technology14.8%
- Materials9.2%
- Utilities7.0%
Geography
- United States94.32%
- United Kingdom3.60%
- Brazil1.33%
- Canada0.67%
- Cayman Islands0.07%
PHO Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
PHO$9,639
Returns run to the Oct 12, 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.
| Period | PHO |
|---|---|
| Year to date | −1.9% |
| 1 month | +0.5% |
| 3 months | −0.3% |
| 1 year | −3.6% |
| 3 years | +9.6% |
| 5 years | +5.2% |
| 10 years | +11.7% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | PHO |
|---|---|---|
| 2026 YTD | −1.9% | |
| 2025 | +7.6% | |
| 2024 | +8.6% | |
| 2023 | +18.9% | |
| 2022 | −14.9% | |
| 2021 | +31.3% | |
| 2020 | +20.8% |
PHO in the news
PHO Dividends
- 0.54%
- $0.37
- $0.06 per share
- Quarterly
Distribution history
PHO Risk
- 15.4%
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.
- 0.35
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.
- −28.6%
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.
- 0.95
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
PHO Cost
0.59%
PHO0.59%
- The middle half of Water funds
- Median 0.54%
4 of the 6 Water funds charge less.
Other funds in Water
- BFIWFirst Trust Water ETFExpense ratio 0.50%1 year return −4.4%
- BTBLUTortoise Global Water FundExpense ratio 0.40%1 year return −1.7%
- CCGWInvesco S&P Global Water Index ETFExpense ratio 0.58%1 year return +3.3%
- CAQWAGlobal X - Clean Water ETFExpense ratio 0.50%1 year return −4.4%
- DPIOInvesco Global Water ETFExpense ratio 0.75%1 year return +0.7%