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.
Key characteristics
| GWRS | CGW | |
|---|---|---|
| YTD Return | 5.14% | 11.60% |
| 1Y Return | 36.44% | 27.40% |
| 3Y Return (Ann) | -8.77% | 0.81% |
| 5Y Return (Ann) | 4.11% | 10.30% |
| Sharpe Ratio | 1.15 | 1.90 |
| Sortino Ratio | 1.79 | 2.77 |
| Omega Ratio | 1.21 | 1.33 |
| Calmar Ratio | 0.79 | 1.28 |
| Martin Ratio | 6.57 | 9.34 |
| Ulcer Index | 5.78% | 2.90% |
| Daily Std Dev | 32.90% | 14.29% |
| Max Drawdown | -51.69% | -57.24% |
| Current Drawdown | -29.19% | -3.33% |
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
In the year-to-date period, GWRS achieves a 5.14% return, which is significantly lower than CGW's 11.60% 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
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 2.23%, more than CGW's 1.39% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
CGW Invesco S&P Global Water Index ETF | 1.39% | 1.55% | 1.45% | 1.59% | 1.41% | 1.48% | 2.14% | 1.71% | 1.65% | 1.67% | 1.77% | 1.52% |
Drawdowns
GWRS vs. CGW - Drawdown Comparison
The maximum GWRS drawdown since its inception was -51.69%, 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 9.54% compared to Invesco S&P Global Water Index ETF (CGW) at 4.07%. 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.