CGW vs. GWRS
Compare and contrast key facts about Invesco S&P Global Water Index ETF (CGW) and Global Water Resources, Inc. (GWRS).
CGW is a passively managed fund by Invesco that tracks the performance of the S&P Global Water Index. It was launched on May 14, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CGW or GWRS.
Correlation
The correlation between CGW and GWRS is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
CGW vs. GWRS - Performance Comparison
Key characteristics
CGW:
0.41
GWRS:
-0.59
CGW:
0.68
GWRS:
-0.69
CGW:
1.09
GWRS:
0.92
CGW:
0.43
GWRS:
-0.35
CGW:
1.06
GWRS:
-1.42
CGW:
6.16%
GWRS:
11.70%
CGW:
15.86%
GWRS:
28.08%
CGW:
-57.24%
GWRS:
-51.67%
CGW:
-3.48%
GWRS:
-45.01%
Returns By Period
In the year-to-date period, CGW achieves a 7.95% return, which is significantly higher than GWRS's -9.37% return.
CGW
7.95%
4.56%
2.13%
7.09%
12.59%
8.85%
GWRS
-9.37%
-0.05%
-16.22%
-15.09%
1.63%
N/A
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Risk-Adjusted Performance
CGW vs. GWRS — Risk-Adjusted Performance Rank
CGW
GWRS
CGW vs. GWRS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P Global Water Index ETF (CGW) and Global Water Resources, Inc. (GWRS). 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.
Dividends
CGW vs. GWRS - Dividend Comparison
CGW's dividend yield for the trailing twelve months is around 2.10%, less than GWRS's 2.93% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CGW Invesco S&P Global Water Index ETF | 2.10% | 2.27% | 1.55% | 1.45% | 1.59% | 1.41% | 1.48% | 2.14% | 1.71% | 1.65% | 1.67% | 1.77% |
GWRS Global Water Resources, Inc. | 2.93% | 2.62% | 2.28% | 2.22% | 1.71% | 2.01% | 2.18% | 2.80% | 2.94% | 1.90% | 0.00% | 0.00% |
Drawdowns
CGW vs. GWRS - Drawdown Comparison
The maximum CGW drawdown since its inception was -57.24%, which is greater than GWRS's maximum drawdown of -51.67%. Use the drawdown chart below to compare losses from any high point for CGW and GWRS. For additional features, visit the drawdowns tool.
Volatility
CGW vs. GWRS - Volatility Comparison
Invesco S&P Global Water Index ETF (CGW) has a higher volatility of 8.65% compared to Global Water Resources, Inc. (GWRS) at 7.42%. This indicates that CGW's price experiences larger fluctuations and is considered to be riskier than GWRS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.