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 0.32, 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:
-0.46
CGW:
0.32
GWRS:
-0.49
CGW:
0.55
GWRS:
0.94
CGW:
1.07
GWRS:
-0.28
CGW:
0.33
GWRS:
-1.17
CGW:
0.82
GWRS:
11.37%
CGW:
6.14%
GWRS:
28.60%
CGW:
15.85%
GWRS:
-51.67%
CGW:
-57.24%
GWRS:
-44.90%
CGW:
-5.00%
Returns By Period
In the year-to-date period, GWRS achieves a -9.19% return, which is significantly lower than CGW's 6.25% return.
GWRS
-9.19%
2.93%
-13.85%
-13.40%
2.53%
N/A
CGW
6.25%
2.91%
-0.32%
5.77%
12.28%
8.59%
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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 2.92%, more than CGW's 2.13% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GWRS Global Water Resources, Inc. | 2.92% | 2.62% | 2.28% | 2.22% | 1.71% | 2.01% | 2.18% | 2.80% | 2.94% | 1.90% | 0.00% | 0.00% |
CGW Invesco S&P Global Water Index ETF | 2.13% | 2.27% | 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
The current volatility for Global Water Resources, Inc. (GWRS) is 7.38%, while Invesco S&P Global Water Index ETF (CGW) has a volatility of 8.56%. This indicates that GWRS experiences smaller price fluctuations and is considered to be less risky than CGW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.