Invesco Water Resources ETF
$69.03+0.12 (+0.17%)
- Expense ratio
- 0.59%
- Fund size
- $1.9B
- 1Y return
- −3.6%
- Yield · Last 12 months
- 0.54%
- Holdings
- 41
- Volume · 30D
- 0.1M sh
- NAV per share
- $68.33
- 52W range
The ETF.net PHO Grade
Score 51 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.DScore 38Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 39Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 83Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 50Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 77Category rank
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
- 41
- 58%
- ROP
Sectors
- Industrials47.0%
- Technology18.8%
- Health Care17.8%
- Materials8.9%
- Utilities7.4%
Geography
- United States95.61%
- United Kingdom2.77%
- Brazil0.90%
- Canada0.62%
- Cayman Islands0.10%
PHO Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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 | −1.7% |
| 1 month | −4.5% |
| 3 months | +3.3% |
| 1 year | −3.6% |
| 3 years | +9.7% |
| 5 years | +4.5% |
| 10 years | +11.4% |
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 | −1.7% | |
| 2025 | +7.6% | |
| 2024 | +8.6% | |
| 2023 | +18.9% | |
| 2022 | −14.9% | |
| 2021 | +31.3% | |
| 2020 | +20.8% |
PHO in the news
ETF.net Research hasn’t filed on PHO yet — coverage lands here as it’s written.
PHO Dividends
- 0.54%
- $0.37
- $0.06 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 21, 2026 | Pays Sep 25, 2026 | $0.06 |
| Jun 22, 2026 | Jun 26, 2026 | $0.12 |
| Mar 23, 2026 | Mar 27, 2026 | $0.10 |
| Dec 22, 2025 | Dec 26, 2025 | $0.08 |
| Sep 22, 2025 | Sep 26, 2025 | $0.09 |
| Jun 23, 2025 | Jun 27, 2025 | $0.11 |
| Mar 24, 2025 | Mar 28, 2025 | $0.10 |
| Dec 23, 2024 | Dec 27, 2024 | $0.09 |
| Sep 23, 2024 | Sep 27, 2024 | $0.05 |
| Jun 24, 2024 | Jun 28, 2024 | $0.09 |
| Mar 18, 2024 | Mar 22, 2024 | $0.06 |
| Dec 18, 2023 | Dec 22, 2023 | $0.12 |
PHO Risk
- 15.7%
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.
- 0.29
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
- The middle half of Water funds
- Median 0.54%
4 of the 6 Water funds charge less.