Ecofin Global Water ESG Fund (EBLU) 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 EBLU. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to EBLU
EBLU charges 0.40% annually. No ETFs in the Water Equities category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.40%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Tortoise Global Water Fund | 0.40% | 56.56M | Feb 2017 | EBLU vs TBLU | |
| Global X Clean Water ETF | 0.50% | 23.79M | Apr 2021 | EBLU vs AQWA | |
| First Trust Water ETF | 0.54% | 1.76B | May 2007 | EBLU vs FIW | |
| Invesco S&P Global Water Index ETF | 0.57% | 996.30M | May 2007 | EBLU vs CGW | |
| Invesco Water Resources ETF | 0.60% | 1.98B | Dec 2005 | EBLU vs PHO |
Best Risk-Adjusted Alternatives to EBLU
EBLU has a PortfoliosLab risk / return rank of 7. There are 4 ETFs in the Water Equities category with higher risk-adjusted ranks, going as high as 11.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco S&P Global Water Index ETF | 11 | 996.30M | May 2007 | EBLU vs CGW | |
| Invesco Global Water ETF | 11 | 269.35M | Jun 2007 | EBLU vs PIO | |
| Global X Clean Water ETF | 9 | 23.79M | Apr 2021 | EBLU vs AQWA | |
| Tortoise Global Water Fund | 8 | 56.56M | Feb 2017 | EBLU vs TBLU | |
| First Trust Water ETF | 7 | 1.76B | May 2007 | EBLU vs FIW |
Top Performing EBLU Alternatives (YTD)
EBLU is at -1.99% YTD. There are 3 ETFs in the Water Equities category with higher YTD returns, going as high as 0.14%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco Global Water ETF | 0.14% | 269.35M | Jun 2007 | EBLU vs PIO | |
| Global X Clean Water ETF | -0.68% | 23.79M | Apr 2021 | EBLU vs AQWA | |
| Invesco S&P Global Water Index ETF | -1.32% | 996.30M | May 2007 | EBLU vs CGW | |
| Tortoise Global Water Fund | -2.16% | 56.56M | Feb 2017 | EBLU vs TBLU | |
| First Trust Water ETF | -3.78% | 1.76B | May 2007 | EBLU vs FIW |
Lowest Volatility Alternatives to EBLU
EBLU has 14.44% 1-year volatility. There are 2 ETFs in the Water Equities category with lower 1-year volatility, going as low as 13.28%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco S&P Global Water Index ETF | 13.28% | 996.30M | May 2007 | EBLU vs CGW | |
| Global X Clean Water ETF | 14.33% | 23.79M | Apr 2021 | EBLU vs AQWA | |
| Tortoise Global Water Fund | 14.44% | 56.56M | Feb 2017 | EBLU vs TBLU | |
| Invesco Global Water ETF | 14.58% | 269.35M | Jun 2007 | EBLU vs PIO | |
| Invesco Water Resources ETF | 15.03% | 1.98B | Dec 2005 | EBLU vs PHO |
Lowest Drawdown Alternatives to EBLU
EBLU has a 1-year max drawdown of -13.17%. There are 3 ETFs in the Water Equities category with shallower 1-year drawdowns, going as shallow as -10.86%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco S&P Global Water Index ETF | -10.86% | 996.30M | May 2007 | EBLU vs CGW | |
| Global X Clean Water ETF | -12.34% | 23.79M | Apr 2021 | EBLU vs AQWA | |
| Invesco Global Water ETF | -13.14% | 269.35M | Jun 2007 | EBLU vs PIO | |
| Tortoise Global Water Fund | -13.17% | 56.56M | Feb 2017 | EBLU vs TBLU | |
| Invesco Water Resources ETF | -13.78% | 1.98B | Dec 2005 | EBLU vs PHO |
Other ETFs from Tortoise
The 3 most viewed Tortoise ETFs shown here include TCAI, TPYP, TNUK and span 2 categories. AUM among these funds goes as high as $686M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Tortoise AI Infrastructure ETF | Technology Equities | — | 89.63% | 169.58M | Aug 2025 | EBLU vs TCAI | |
| Tortoise North American Pipeline Fund | Energy Equities | 49 | 20.07% | 685.69M | Jun 2015 | EBLU vs TPYP | |
| Tortoise Nuclear Renaissance ETF | Energy Equities | — | 6.13% | — | Dec 2025 | EBLU vs TNUK |
Often Compared With EBLU
Investors most often compare EBLU with WTTR, ^GSPC, XLE. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare EBLU with Any Fund or Stock
Compare EBLU with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair EBLU with funds that move differently
Ecofin Global Water ESG Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to EBLU.
Explore EBLU Diversifiers