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.
Key characteristics
| CGW | GWRS | |
|---|---|---|
| YTD Return | 11.05% | 5.06% |
| 1Y Return | 26.83% | 30.05% |
| 3Y Return (Ann) | 0.64% | -8.68% |
| 5Y Return (Ann) | 10.18% | 4.09% |
| Sharpe Ratio | 1.87 | 1.11 |
| Sortino Ratio | 2.74 | 1.74 |
| Omega Ratio | 1.33 | 1.20 |
| Calmar Ratio | 1.27 | 0.80 |
| Martin Ratio | 9.20 | 6.29 |
| Ulcer Index | 2.91% | 5.78% |
| Daily Std Dev | 14.30% | 32.89% |
| Max Drawdown | -57.24% | -51.69% |
| Current Drawdown | -3.81% | -29.24% |
Correlation
The correlation between CGW and GWRS is 0.37, 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
In the year-to-date period, CGW achieves a 11.05% return, which is significantly higher than GWRS's 5.06% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
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 1.40%, less than GWRS's 2.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CGW Invesco S&P Global Water Index ETF | 1.40% | 1.55% | 1.45% | 1.59% | 1.41% | 1.48% | 2.14% | 1.71% | 1.65% | 1.67% | 1.77% | 1.52% |
GWRS Global Water Resources, Inc. | 2.23% | 2.29% | 2.26% | 1.69% | 2.00% | 2.19% | 2.84% | 2.97% | 1.90% | 0.00% | 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 -51.69%. 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
The current volatility for Invesco S&P Global Water Index ETF (CGW) is 4.03%, while Global Water Resources, Inc. (GWRS) has a volatility of 9.51%. This indicates that CGW experiences smaller price fluctuations and is considered to be less risky than GWRS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.