Invesco Water Resources ETF (PHO) 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 PHO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PHO
PHO charges 0.60% annually. There are 5 ETFs in the Water Equities category with lower expense ratios, going as low as 0.40%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Ecofin Global Water ESG Fund | 0.40% | 53.51M | Feb 2017 | PHO vs EBLU | |
| Tortoise Global Water Fund | 0.40% | 56.56M | Feb 2017 | PHO vs TBLU | |
| Global X Clean Water ETF | 0.50% | 23.79M | Apr 2021 | PHO vs AQWA | |
| First Trust Water ETF | 0.54% | 1.76B | May 2007 | PHO vs FIW | |
| Invesco S&P Global Water Index ETF | 0.57% | 996.30M | May 2007 | PHO vs CGW |
Best Risk-Adjusted Alternatives to PHO
PHO has a PortfoliosLab risk / return rank of 6. There are 6 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 | PHO vs CGW | |
| Invesco Global Water ETF | 11 | 269.35M | Jun 2007 | PHO vs PIO | |
| Global X Clean Water ETF | 9 | 23.79M | Apr 2021 | PHO vs AQWA | |
| Tortoise Global Water Fund | 8 | 56.56M | Feb 2017 | PHO vs TBLU | |
| Ecofin Global Water ESG Fund | 7 | 53.51M | Feb 2017 | PHO vs EBLU |
Top Performing PHO Alternatives (YTD)
PHO is at -5.40% YTD. There are 6 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 | PHO vs PIO | |
| Global X Clean Water ETF | -0.68% | 23.79M | Apr 2021 | PHO vs AQWA | |
| Invesco S&P Global Water Index ETF | -1.32% | 996.30M | May 2007 | PHO vs CGW | |
| Ecofin Global Water ESG Fund | -1.99% | 53.51M | Feb 2017 | PHO vs EBLU | |
| Tortoise Global Water Fund | -1.99% | 56.56M | Feb 2017 | PHO vs TBLU |
Lowest Volatility Alternatives to PHO
PHO has 15.03% 1-year volatility. There are 5 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 | PHO vs CGW | |
| Global X Clean Water ETF | 14.33% | 23.79M | Apr 2021 | PHO vs AQWA | |
| Ecofin Global Water ESG Fund | 14.44% | 53.51M | Feb 2017 | PHO vs EBLU | |
| Tortoise Global Water Fund | 14.44% | 56.56M | Feb 2017 | PHO vs TBLU | |
| Invesco Global Water ETF | 14.58% | 269.35M | Jun 2007 | PHO vs PIO |
Lowest Drawdown Alternatives to PHO
PHO has a 1-year max drawdown of -13.78%. There are 5 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 | PHO vs CGW | |
| Global X Clean Water ETF | -12.34% | 23.79M | Apr 2021 | PHO vs AQWA | |
| Invesco Global Water ETF | -13.14% | 269.35M | Jun 2007 | PHO vs PIO | |
| Ecofin Global Water ESG Fund | -13.17% | 53.51M | Feb 2017 | PHO vs EBLU | |
| Tortoise Global Water Fund | -13.17% | 56.56M | Feb 2017 | PHO vs TBLU |
Other ETFs from Invesco
The 10 most viewed Invesco ETFs shown here include QQQ, SPMO, QQQM and span 10 categories. AUM among these funds goes as high as $494B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | Nasdaq-100 | 73 | 21.30% | 493.99B | Mar 1999 | PHO vs QQQ | |
| Invesco S&P 500 Momentum ETF | Momentum, S&P 500 | 75 | 30.35% | 19.93B | Oct 2015 | PHO vs SPMO | |
| Invesco NASDAQ 100 ETF | Nasdaq-100 | 74 | 21.39% | 96.91B | Oct 2020 | PHO vs QQQM | |
| Invesco S&P 500 Equal Weight ETF | S&P 500 | 49 | 9.70% | 89.51B | Apr 2003 | PHO vs RSP | |
| Invesco S&P 500 Top 50 ETF | S&P 500 | 56 | 7.57% | 11.15B | May 2005 | PHO vs XLG | |
| Invesco PHLX Semiconductor ETF | Semiconductors, Technology Equities | 96 | 96.72% | 2.41B | Jun 2021 | PHO vs SOXQ | |
| Invesco S&P 500 Quality ETF | S&P 500, Large Cap Value Equities | 54 | 15.48% | 18.88B | Dec 2005 | PHO vs SPHQ | |
| Invesco S&P 500® High Dividend Low Volatility ETF | S&P 500, Dividend | 21 | 4.38% | 3.23B | Oct 2012 | PHO vs SPHD | |
| Invesco Aerospace & Defense ETF | Industrials Equities, Aerospace & Defense | 37 | 8.54% | 8.37B | Oct 2005 | PHO vs PPA | |
| Invesco S&P MidCap Momentum ETF | Momentum, Mid Cap Growth Equities | 67 | 23.73% | 7.49B | Mar 2005 | PHO vs XMMO |
Often Compared With PHO
Investors most often compare PHO with SPY, VOO, EVX. These 20 comparison targets span 16 categories, based on PortfoliosLab usage data.
Compare PHO with Any Fund or Stock
Compare PHO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PHO with funds that move differently
Invesco Water Resources ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PHO.
Explore PHO Diversifiers