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 0.37, 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
Key characteristics
CGW:
0.43
GWRS:
0.03
CGW:
0.69
GWRS:
0.25
CGW:
1.08
GWRS:
1.03
CGW:
0.43
GWRS:
0.02
CGW:
1.44
GWRS:
0.12
CGW:
4.22%
GWRS:
6.72%
CGW:
14.07%
GWRS:
30.54%
CGW:
-57.24%
GWRS:
-51.69%
CGW:
-10.52%
GWRS:
-37.29%
Returns By Period
In the year-to-date period, CGW achieves a 0.07% return, which is significantly lower than GWRS's 3.39% return.
CGW
0.07%
-5.00%
-6.27%
7.68%
6.55%
8.65%
GWRS
3.39%
-5.11%
-6.11%
0.78%
1.03%
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 0.98%, less than GWRS's 2.53% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CGW Invesco S&P Global Water Index ETF | 0.98% | 0.98% | 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. | 2.53% | 2.61% | 2.29% | 2.26% | 1.69% | 2.00% | 2.19% | 2.84% | 2.97% | 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 -51.69%. 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 5.45%, while Global Water Resources, Inc. (GWRS) has a volatility of 8.17%. 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.