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Invesco Global Water ETF (PIO)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US73936T6230

CUSIP

46138E651

Issuer

Invesco

Inception Date

Jun 13, 2007

Region

Developed Markets (Broad)

Leveraged

1x

Index Tracked

NASDAQ OMX Global Water Index

Asset Class

Equity

Asset Class Size

Multi-Cap

Asset Class Style

Blend

Expense Ratio

PIO has an expense ratio of 0.75%, placing it in the medium range.


Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart


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Returns By Period

Invesco Global Water ETF (PIO) returned 11.31% year-to-date (YTD) and 1.22% over the past 12 months. Over the past 10 years, PIO returned 7.01% annually, underperforming the S&P 500 benchmark at 10.87%.


PIO

YTD

11.31%

1M

11.85%

6M

7.09%

1Y

1.22%

5Y*

11.93%

10Y*

7.01%

^GSPC (Benchmark)

YTD

1.30%

1M

12.94%

6M

1.49%

1Y

12.48%

5Y*

15.82%

10Y*

10.87%

*Annualized

Monthly Returns

The table below presents the monthly returns of PIO, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20255.04%-0.19%-1.87%4.21%3.83%11.31%
2024-2.61%6.73%4.94%-5.82%2.75%-2.62%4.24%0.07%2.27%-6.20%2.97%-6.01%-0.44%
20238.91%-3.21%1.68%0.49%-2.84%5.32%2.99%-1.93%-6.40%-5.54%14.67%8.27%22.20%
2022-11.53%-4.49%-0.46%-6.49%-0.38%-8.29%10.43%-7.55%-9.14%7.38%8.92%-2.58%-24.06%
2021-0.16%-1.08%5.00%5.92%3.22%0.61%5.92%2.21%-7.19%5.04%-1.49%6.21%25.97%
20201.06%-7.54%-15.05%9.47%6.97%0.71%6.32%3.57%0.40%-1.61%8.84%3.07%14.24%
20199.19%4.60%2.02%2.86%-4.64%6.27%0.32%-1.33%1.60%3.44%2.57%4.63%35.58%
20182.65%-5.50%1.69%-0.34%0.27%-1.59%3.24%0.04%-0.24%-7.66%4.16%-6.08%-9.71%
20173.08%2.17%2.81%3.15%4.56%-1.82%1.06%0.29%3.75%0.64%3.63%0.63%26.52%
2016-5.78%-1.77%8.57%3.19%-0.00%0.27%3.05%-0.76%0.97%-4.42%-2.89%1.18%0.81%
2015-2.26%4.05%-1.28%5.64%1.27%-2.84%-3.11%-9.46%-3.41%8.12%-1.02%-2.20%-7.46%
2014-3.64%8.69%0.48%-1.89%2.43%1.35%-4.68%2.65%-5.11%2.42%0.34%-1.51%0.73%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of PIO is 21, meaning it’s performing worse than 79% of other ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of PIO is 2121
Overall Rank
The Sharpe Ratio Rank of PIO is 1919
Sharpe Ratio Rank
The Sortino Ratio Rank of PIO is 2020
Sortino Ratio Rank
The Omega Ratio Rank of PIO is 2020
Omega Ratio Rank
The Calmar Ratio Rank of PIO is 2323
Calmar Ratio Rank
The Martin Ratio Rank of PIO is 2121
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Invesco Global Water ETF (PIO) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Invesco Global Water ETF Sharpe ratios as of May 17, 2025 (values are recalculated daily):

  • 1-Year: 0.07
  • 5-Year: 0.66
  • 10-Year: 0.38
  • All Time: 0.20

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Invesco Global Water ETF compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


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Dividends

Dividend History

Invesco Global Water ETF provided a 0.81% dividend yield over the last twelve months, with an annual payout of $0.35 per share.


0.80%1.00%1.20%1.40%1.60%1.80%2.00%$0.00$0.10$0.20$0.30$0.40$0.5020142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
Dividend$0.35$0.31$0.33$0.33$0.52$0.31$0.37$0.46$0.26$0.30$0.34$0.33

Dividend yield

0.81%0.78%0.84%1.02%1.19%0.88%1.19%2.00%1.00%1.45%1.62%1.42%

Monthly Dividends

The table displays the monthly dividend distributions for Invesco Global Water ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.00$0.05$0.00$0.00$0.05
2024$0.00$0.00$0.01$0.00$0.00$0.22$0.00$0.00$0.03$0.00$0.00$0.05$0.31
2023$0.00$0.00$0.02$0.00$0.00$0.19$0.00$0.00$0.04$0.00$0.00$0.08$0.33
2022$0.00$0.00$0.03$0.00$0.00$0.14$0.00$0.00$0.09$0.00$0.00$0.07$0.33
2021$0.00$0.00$0.01$0.00$0.00$0.15$0.00$0.00$0.19$0.00$0.00$0.17$0.52
2020$0.00$0.00$0.01$0.00$0.00$0.17$0.00$0.00$0.05$0.00$0.00$0.08$0.31
2019$0.00$0.00$0.00$0.00$0.00$0.23$0.00$0.00$0.08$0.00$0.00$0.06$0.37
2018$0.00$0.00$0.00$0.00$0.00$0.28$0.00$0.00$0.08$0.00$0.00$0.11$0.46
2017$0.00$0.00$0.00$0.00$0.00$0.12$0.00$0.00$0.05$0.00$0.00$0.09$0.26
2016$0.00$0.00$0.00$0.00$0.00$0.15$0.00$0.00$0.04$0.00$0.00$0.11$0.30
2015$0.00$0.00$0.00$0.00$0.00$0.18$0.00$0.00$0.04$0.00$0.00$0.12$0.34
2014$0.21$0.00$0.00$0.03$0.00$0.00$0.08$0.33

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Invesco Global Water ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Invesco Global Water ETF was 64.91%, occurring on Mar 9, 2009. Recovery took 1322 trading sessions.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-64.91%Nov 1, 2007339Mar 9, 20091322Jun 9, 20141661
-35.76%Feb 20, 202023Mar 23, 2020114Sep 2, 2020137
-34.27%Dec 30, 2021187Sep 27, 2022377Mar 28, 2024564
-26.34%May 22, 2015183Feb 11, 2016397Sep 8, 2017580
-17.08%May 16, 2024224Apr 8, 202526May 15, 2025250

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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