Global X Clean Water ETF (AQWA) belongs to the Water Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with AQWA. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to AQWA
AQWA charges 0.50% annually. There is 1 ETF in the Water Equities category with a lower expense ratio, going as low as 0.40%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Tortoise Global Water Fund | 0.40% | 56.56M | Feb 2017 | AQWA vs TBLU | |
| First Trust Water ETF | 0.50% | 1.80B | May 2007 | AQWA vs FIW | |
| Invesco S&P Global Water Index ETF | 0.57% | 1.01B | May 2007 | AQWA vs CGW | |
| Invesco Water Resources ETF | 0.59% | 1.97B | Dec 2005 | AQWA vs PHO | |
| Invesco Global Water ETF | 0.75% | 274.74M | Jun 2007 | AQWA vs PIO |
Best Risk-Adjusted Alternatives to AQWA
AQWA has a PortfoliosLab risk / return rank of 9. There are 2 ETFs in the Water Equities category with higher risk-adjusted ranks, going as high as 12.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco S&P Global Water Index ETF | 12 | 1.01B | May 2007 | AQWA vs CGW | |
| Invesco Global Water ETF | 10 | 274.74M | Jun 2007 | AQWA vs PIO | |
| Tortoise Global Water Fund | 8 | 56.56M | Feb 2017 | AQWA vs TBLU | |
| First Trust Water ETF | 8 | 1.80B | May 2007 | AQWA vs FIW | |
| Invesco Water Resources ETF | 6 | 1.97B | Dec 2005 | AQWA vs PHO |
Top Performing AQWA Alternatives (YTD)
AQWA is at 0.45% YTD. No ETFs in the Water Equities category have higher YTD returns; the top-performing alternatives shown here go as high as 0.15%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco Global Water ETF | 0.15% | 274.74M | Jun 2007 | AQWA vs PIO | |
| Invesco S&P Global Water Index ETF | -0.07% | 1.01B | May 2007 | AQWA vs CGW | |
| Tortoise Global Water Fund | -0.84% | 56.56M | Feb 2017 | AQWA vs TBLU | |
| First Trust Water ETF | -3.00% | 1.80B | May 2007 | AQWA vs FIW | |
| Invesco Water Resources ETF | -5.09% | 1.97B | Dec 2005 | AQWA vs PHO |
Lowest Volatility Alternatives to AQWA
AQWA has 14.54% 1-year volatility. There is 1 ETF in the Water Equities category with lower 1-year volatility, going as low as 13.58%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco S&P Global Water Index ETF | 13.58% | 1.01B | May 2007 | AQWA vs CGW | |
| Tortoise Global Water Fund | 14.73% | 56.56M | Feb 2017 | AQWA vs TBLU | |
| Invesco Global Water ETF | 15.03% | 274.74M | Jun 2007 | AQWA vs PIO | |
| Invesco Water Resources ETF | 15.17% | 1.97B | Dec 2005 | AQWA vs PHO | |
| First Trust Water ETF | 15.78% | 1.80B | May 2007 | AQWA vs FIW |
Lowest Drawdown Alternatives to AQWA
AQWA has a 1-year max drawdown of -12.34%. There is 1 ETF in the Water Equities category with a shallower 1-year drawdown, going as shallow as -10.86%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco S&P Global Water Index ETF | -10.86% | 1.01B | May 2007 | AQWA vs CGW | |
| Invesco Global Water ETF | -13.14% | 274.74M | Jun 2007 | AQWA vs PIO | |
| Tortoise Global Water Fund | -13.17% | 56.56M | Feb 2017 | AQWA vs TBLU | |
| Invesco Water Resources ETF | -13.78% | 1.97B | Dec 2005 | AQWA vs PHO | |
| First Trust Water ETF | -13.81% | 1.80B | May 2007 | AQWA vs FIW |
Other ETFs from Global X
The 10 most viewed Global X ETFs shown here include QYLD, SHLD, AIQ and span 12 categories. AUM among these funds goes as high as $14B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Global X NASDAQ 100 Covered Call ETF | Nasdaq-100, Derivative Income | 84 | 7.89% | 8.44B | Dec 2013 | AQWA vs QYLD | |
| Global X Defense Tech ETF | Aerospace & Defense | 11 | -6.53% | 7.43B | Sep 2023 | AQWA vs SHLD | |
| Global X Artificial Intelligence & Technology ETF | Technology Equities | 58 | 24.56% | 11.08B | May 2018 | AQWA vs AIQ | |
| Global X Uranium ETF | Uranium | 19 | 6.67% | 6.64B | Nov 2010 | AQWA vs URA | |
| Global X Copper Miners ETF | Copper | 60 | 10.71% | 8.06B | Apr 2010 | AQWA vs COPX | |
| Global X Robotics & Artificial Intelligence Themat... | Robotics, Technology Equities | 23 | 1.13% | 3.54B | Sep 2016 | AQWA vs BOTZ | |
| Global X Silver Miners ETF | Silver, Precious Metals | 35 | -5.97% | 4.57B | Apr 2010 | AQWA vs SIL | |
| Global X S&P 500 Covered Call ETF | Derivative Income, S&P 500 | 78 | 4.54% | 3.19B | Jun 2013 | AQWA vs XYLD | |
| Global X Data Center & Digital Infrastructure ETF | REIT | 89 | 49.19% | 2.37B | Oct 2020 | AQWA vs DTCR | |
| Global X US Infrastructure Development ETF | Industrials Equities | 60 | 20.97% | 14.28B | Mar 2017 | AQWA vs PAVE |
Often Compared With AQWA
Investors most often compare AQWA with AQWG.L, EVX, WATL.L. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare AQWA with Any Fund or Stock
Compare AQWA with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair AQWA with funds that move differently
Global X Clean Water ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to AQWA.
Explore AQWA Diversifiers