GWRS vs. CGW
Compare and contrast key facts about Global Water Resources, Inc. (GWRS) and Invesco S&P Global Water Index ETF (CGW).
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: GWRS or CGW.
Correlation
The correlation between GWRS and CGW 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
GWRS vs. CGW - Performance Comparison
Key characteristics
GWRS:
-0.74
CGW:
-0.15
GWRS:
-0.94
CGW:
-0.10
GWRS:
0.90
CGW:
0.99
GWRS:
-0.43
CGW:
-0.16
GWRS:
-2.09
CGW:
-0.38
GWRS:
9.97%
CGW:
5.73%
GWRS:
28.33%
CGW:
14.61%
GWRS:
-51.67%
CGW:
-57.24%
GWRS:
-48.12%
CGW:
-12.12%
Returns By Period
In the year-to-date period, GWRS achieves a -14.49% return, which is significantly lower than CGW's -1.72% return.
GWRS
-14.49%
-15.08%
-19.58%
-20.23%
1.70%
N/A
CGW
-1.72%
-6.41%
-10.71%
-2.13%
11.43%
7.94%
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Risk-Adjusted Performance
GWRS vs. CGW — Risk-Adjusted Performance Rank
GWRS
CGW
GWRS vs. CGW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global Water Resources, Inc. (GWRS) and Invesco S&P Global Water Index ETF (CGW). 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
GWRS vs. CGW - Dividend Comparison
GWRS's dividend yield for the trailing twelve months is around 3.07%, more than CGW's 0.99% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GWRS Global Water Resources, Inc. | 3.07% | 2.61% | 2.29% | 2.26% | 1.69% | 2.00% | 2.19% | 2.84% | 2.97% | 1.90% | 0.00% | 0.00% |
CGW Invesco S&P Global Water Index ETF | 0.99% | 0.98% | 1.55% | 1.45% | 1.59% | 1.41% | 1.48% | 2.14% | 1.71% | 1.65% | 1.67% | 1.77% |
Drawdowns
GWRS vs. CGW - Drawdown Comparison
The maximum GWRS drawdown since its inception was -51.67%, smaller than the maximum CGW drawdown of -57.24%. Use the drawdown chart below to compare losses from any high point for GWRS and CGW. For additional features, visit the drawdowns tool.
Volatility
GWRS vs. CGW - Volatility Comparison
Global Water Resources, Inc. (GWRS) has a higher volatility of 7.04% compared to Invesco S&P Global Water Index ETF (CGW) at 6.10%. This indicates that GWRS's price experiences larger fluctuations and is considered to be riskier than CGW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.