---
ticker: "TBLU"
name: "Tortoise Global Water Fund"
url: "https://etf.net/etf/TBLU"
grade: "B"
score: 59
graded_at: "2026-10-12"
category: "Water"
category_rank: "2 of 6"
methodology: "https://etf.net/methodology"
---

# TBLU: Tortoise Global Water Fund

Grade **B**, Score 59 of 100. Rank 2 of 6 in Water.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 88 | 1 of 6 |
| Mission | Not scored | — |
| Risk | 53 | 4 of 6 |
| Tradability | 25 | 5 of 6 |
| Holdings | 41 | 5 of 6 |
| Durability | 42 | 5 of 6 |

## Top holdings

The fund holds 61 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | ECL | Ecolab Inc | 7.82% |
| 2 | VLTO | Veralto Corp | 7.73% |
| 3 | FERG | Ferguson Enterprises Inc | 7.45% |
| 4 | XYL | Xylem Inc/NY | 7.21% |
| 5 | VIE.PA | Veolia Environnement SA | 7.16% |
| 6 | AWK | American Water Works Co Inc | 6.94% |
| 7 | SBS | Cia Saneamento Basico Sponsored Adr | 5.24% |
| 8 | UU.L | United Utilities Group PLC | 4.22% |
| 9 | IEX | IDEX Corp | 4.19% |
| 10 | SVT.L | Severn Trent PLC | 3.95% |
| 11 | GEBN.SW | Geberit AG | 3.76% |
| 12 | WTRG | Essential Utilities Inc | 3.74% |
| 13 | BEAN.SW | Belimo Holding AG | 3.31% |
| 14 | STN.TO | Stantec Inc | 2.74% |
| 15 | GF.SW | Georg Fischer AG | 1.96% |
| 16 | 6370.T | Kurita Water Industries Ltd | 1.46% |
| 17 | WTS | Watts Water Technologies Inc | 1.23% |
| 18 | WMS | Advanced Drainage Systems Inc | 1.12% |
| 19 | 0270.HK | Guangdong Investment Ltd | 1.09% |
| 20 | TTEK | Tetra Tech Inc | 1.08% |
| 21 | PNR | Pentair PLC | 1.06% |
| 22 | 5938.T | Lixil Corp | 1.06% |
| 23 | CNM | Core & Main Inc | 0.96% |
| 24 | ZWS | Zurn Elkay Water Solutions Corp | 0.87% |
| 25 | 6368.T | Organo Corp | 0.84% |
| 26 | 5947.T | Rinnai Corp | 0.81% |
| 27 | PNN.L | Pennon Group PLC | 0.80% |
| 28 | AOS | A O Smith Corp | 0.79% |
| 29 | 6005.T | Miura Co Ltd | 0.77% |
| 30 | PRMB | Primo Brands Corp | 0.65% |

Source: etf.net, https://etf.net/etf/TBLU. Please cite the page URL.