AQWA vs. VLTO

Last updated Jun 4, 2026

AQWA (Global X Clean Water ETF) is Water Equities fund tracking the Solactive Global Clean Water Industry Index, while VLTO (Veralto Corporation) is a stock. At a 0.00 correlation, their price movements are largely independent.

Performance

AQWA vs. VLTO - Performance Comparison

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

Returns By Period

AQWA

• 1D: 0.06%
• 1M: -1.97%
• YTD: -0.68%
• 6M: -3.10%
• 1Y: 0.82%
• 3Y*: 9.10%
• 5Y*: 4.62%
• 10Y*: —

VLTO

• 1D: 2.72%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AQWA vs. VLTO - Yearly Performance Comparison

	2026 (YTD)
AQWA Global X Clean Water ETF	-0.23%
VLTO Veralto Corporation	1.43%

Correlation

The correlation between AQWA and VLTO is 0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 29, 2026	0.00

Return for Risk

AQWA vs. VLTO — Risk / Return Rank

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

AQWA

AQWA Risk / Return Rank: 9
AQWA Sharpe Ratio Rank: 9
AQWA Sortino Ratio Rank: 9
AQWA Omega Ratio Rank: 9
AQWA Calmar Ratio Rank: 9
AQWA Martin Ratio Rank: 9

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AQWA vs. VLTO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Clean Water ETF (AQWA) and Veralto Corporation (VLTO). 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.

	AQWA	VLTO	Difference
Sharpe ratio Return per unit of total volatility	0.06	—	—
Sortino ratio Return per unit of downside risk	0.18	—	—
Omega ratio Gain probability vs. loss probability	1.02	—	—
Calmar ratio Return relative to maximum drawdown	0.07	—	—
Martin ratio Return relative to average drawdown	0.17	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	AQWA	VLTO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.06	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.28	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.32	4.88	-4.56

Drawdowns

AQWA vs. VLTO - Drawdown Comparison

The maximum AQWA drawdown since its inception was -29.44%, which is greater than VLTO's maximum drawdown of -1.50%. Use the drawdown chart below to compare losses from any high point for AQWA and VLTO.

Drawdown Indicators

	AQWA	VLTO	Difference
Max Drawdown Largest peak-to-trough decline	-29.44%	-1.50%	-27.94%
Max Drawdown (1Y) Largest decline over 1 year	-12.34%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-14.55%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-29.44%	—	—
Current Drawdown Current decline from peak	-10.78%	0.00%	-10.78%
Average Drawdown Average peak-to-trough decline	-8.27%	-0.72%	-7.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.90%	—	—

Volatility

Volatility by Period

	AQWA	VLTO	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.94%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.85%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.33%	34.06%	-19.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.75%	34.06%	-17.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.65%	34.06%	-17.41%

Dividends

AQWA vs. VLTO - Dividend Comparison

AQWA's dividend yield for the trailing twelve months is around 1.48%, while VLTO has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
AQWA Global X Clean Water ETF	1.48%	1.47%	1.40%	1.53%	1.56%	1.20%
VLTO Veralto Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AQWA and VLTO in my portfolio?

AQWA and VLTO have a correlation of 0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.