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AQWA vs. PHO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between AQWA and PHO is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Performance

AQWA vs. PHO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Clean Water ETF (AQWA) and Invesco Water Resources ETF (PHO). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

AQWA:

0.04

PHO:

-0.03

Sortino Ratio

AQWA:

0.33

PHO:

0.23

Omega Ratio

AQWA:

1.04

PHO:

1.03

Calmar Ratio

AQWA:

0.17

PHO:

0.06

Martin Ratio

AQWA:

0.44

PHO:

0.19

Ulcer Index

AQWA:

5.43%

PHO:

6.31%

Daily Std Dev

AQWA:

17.20%

PHO:

18.89%

Max Drawdown

AQWA:

-29.44%

PHO:

-55.63%

Current Drawdown

AQWA:

-0.89%

PHO:

-5.21%

Returns By Period

In the year-to-date period, AQWA achieves a 8.38% return, which is significantly higher than PHO's 3.79% return.


AQWA

YTD

8.38%

1M

7.04%

6M

2.82%

1Y

0.74%

5Y*

N/A

10Y*

N/A

PHO

YTD

3.79%

1M

9.30%

6M

-1.95%

1Y

-0.59%

5Y*

16.22%

10Y*

10.60%

*Annualized

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AQWA vs. PHO - Expense Ratio Comparison

AQWA has a 0.50% expense ratio, which is lower than PHO's 0.60% expense ratio.


Risk-Adjusted Performance

AQWA vs. PHO — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AQWA
The Risk-Adjusted Performance Rank of AQWA is 2323
Overall Rank
The Sharpe Ratio Rank of AQWA is 1818
Sharpe Ratio Rank
The Sortino Ratio Rank of AQWA is 2323
Sortino Ratio Rank
The Omega Ratio Rank of AQWA is 2121
Omega Ratio Rank
The Calmar Ratio Rank of AQWA is 2828
Calmar Ratio Rank
The Martin Ratio Rank of AQWA is 2424
Martin Ratio Rank

PHO
The Risk-Adjusted Performance Rank of PHO is 1919
Overall Rank
The Sharpe Ratio Rank of PHO is 1515
Sharpe Ratio Rank
The Sortino Ratio Rank of PHO is 2020
Sortino Ratio Rank
The Omega Ratio Rank of PHO is 1919
Omega Ratio Rank
The Calmar Ratio Rank of PHO is 2020
Calmar Ratio Rank
The Martin Ratio Rank of PHO is 1919
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.

AQWA vs. PHO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Clean Water ETF (AQWA) and Invesco Water Resources ETF (PHO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


The current AQWA Sharpe Ratio is 0.04, which is higher than the PHO Sharpe Ratio of -0.03. The chart below compares the historical Sharpe Ratios of AQWA and PHO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

AQWA vs. PHO - Dividend Comparison

AQWA's dividend yield for the trailing twelve months is around 1.29%, more than PHO's 0.49% yield.


TTM20242023202220212020201920182017201620152014
AQWA
Global X Clean Water ETF
1.29%1.40%1.53%1.56%1.20%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
PHO
Invesco Water Resources ETF
0.49%0.45%0.59%0.49%0.20%0.39%0.43%0.46%0.34%0.47%0.75%0.59%

Drawdowns

AQWA vs. PHO - Drawdown Comparison

The maximum AQWA drawdown since its inception was -29.44%, smaller than the maximum PHO drawdown of -55.63%. Use the drawdown chart below to compare losses from any high point for AQWA and PHO. For additional features, visit the drawdowns tool.


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Volatility

AQWA vs. PHO - Volatility Comparison

The current volatility for Global X Clean Water ETF (AQWA) is 4.92%, while Invesco Water Resources ETF (PHO) has a volatility of 6.11%. This indicates that AQWA experiences smaller price fluctuations and is considered to be less risky than PHO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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