PHO vs. AQWA
Compare and contrast key facts about Invesco Water Resources ETF (PHO) and Global X Clean Water ETF (AQWA).
PHO and AQWA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PHO is a passively managed fund by Invesco that tracks the performance of the NASDAQ OMX US Water Index. It was launched on Dec 6, 2005. AQWA is a passively managed fund by Global X that tracks the performance of the Solactive Global Clean Water Industry Index. It was launched on Apr 8, 2021. Both PHO and AQWA are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PHO or AQWA.
Correlation
The correlation between PHO and AQWA is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
PHO vs. AQWA - Performance Comparison
Loading data...
Key characteristics
PHO:
-0.07
AQWA:
0.04
PHO:
0.12
AQWA:
0.27
PHO:
1.01
AQWA:
1.03
PHO:
-0.01
AQWA:
0.12
PHO:
-0.03
AQWA:
0.32
PHO:
6.27%
AQWA:
5.43%
PHO:
18.70%
AQWA:
17.12%
PHO:
-55.63%
AQWA:
-29.44%
PHO:
-7.27%
AQWA:
-2.33%
Returns By Period
In the year-to-date period, PHO achieves a 1.54% return, which is significantly lower than AQWA's 6.80% return.
PHO
1.54%
9.58%
-6.18%
-1.69%
14.97%
10.54%
AQWA
6.80%
8.83%
0.43%
0.09%
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PHO vs. AQWA - Expense Ratio Comparison
PHO has a 0.60% expense ratio, which is higher than AQWA's 0.50% expense ratio.
Risk-Adjusted Performance
PHO vs. AQWA — Risk-Adjusted Performance Rank
PHO
AQWA
PHO vs. AQWA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Water Resources ETF (PHO) and Global X Clean Water ETF (AQWA). 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.
Loading data...
Dividends
PHO vs. AQWA - Dividend Comparison
PHO's dividend yield for the trailing twelve months is around 0.50%, less than AQWA's 1.31% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PHO Invesco Water Resources ETF | 0.50% | 0.45% | 0.59% | 0.49% | 0.20% | 0.39% | 0.43% | 0.46% | 0.34% | 0.47% | 0.75% | 0.59% |
AQWA Global X Clean Water ETF | 1.31% | 1.40% | 1.53% | 1.56% | 1.20% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PHO vs. AQWA - Drawdown Comparison
The maximum PHO drawdown since its inception was -55.63%, which is greater than AQWA's maximum drawdown of -29.44%. Use the drawdown chart below to compare losses from any high point for PHO and AQWA. For additional features, visit the drawdowns tool.
Loading data...
Volatility
PHO vs. AQWA - Volatility Comparison
Invesco Water Resources ETF (PHO) has a higher volatility of 6.35% compared to Global X Clean Water ETF (AQWA) at 5.09%. This indicates that PHO's price experiences larger fluctuations and is considered to be riskier than AQWA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...