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:
0.52
GWRS:
-0.23
CGW:
0.81
GWRS:
-0.13
CGW:
1.10
GWRS:
0.99
CGW:
0.51
GWRS:
-0.18
CGW:
2.18
GWRS:
-1.17
CGW:
3.31%
GWRS:
6.10%
CGW:
13.85%
GWRS:
30.42%
CGW:
-57.24%
GWRS:
-51.67%
CGW:
-8.87%
GWRS:
-38.32%
Returns By Period
In the year-to-date period, CGW achieves a 5.21% return, which is significantly higher than GWRS's -8.46% return.
CGW
5.21%
-4.88%
-0.50%
6.05%
7.74%
8.59%
GWRS
-8.46%
-8.84%
-1.42%
-7.40%
0.65%
N/A
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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 has not paid dividends to shareholders, while GWRS's dividend yield for the trailing twelve months is around 2.57%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CGW Invesco S&P Global Water Index ETF | 0.00% | 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. | 2.57% | 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 -51.67%. 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
The current volatility for Invesco S&P Global Water Index ETF (CGW) is 4.47%, while Global Water Resources, Inc. (GWRS) has a volatility of 8.37%. 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.