If you're interested in broad exposure to the Industrials - Water segment of the equity market, look no further than the Invesco Water Resources ETF (PHO), a passively managed exchange traded fund launched on December 6, 2005.
Invesco Water Resources ETF (PHO) receives a Hold rating due to limited direct exposure to water scarcity-driven earnings growth. PHO's top holdings—Roper Technologies, Ecolab, and Waters Corporation — derive most revenue from technology and non-water segments. PHO lags peers First Trust Water ETF (FIW) and Invesco S&P Global Water Index ETF (CGW) in dividend yield, dividend growth, and direct water infrastructure exposure, despite comparable long-term returns.
The Invesco Water Resources ETF (PHO) was launched on 12/06/2005, and is a smart beta exchange traded fund designed to offer broad exposure to the Industrials ETFs category of the market.
| Capital Markets Industry | Financials Sector | - CEO | XOSL Exchange | US46137V1420 ISIN |
| US Country | - Employees | 21 Sep 2026 Last Dividend | - Last Split | - IPO Date |
The fund focuses on investing primarily in securities that are part of an underlying index, which aims to track the performance of companies engaged in the conservation and purification of water for a variety of uses, including residential, business, and industrial applications. By allocating at least 90% of its total assets towards securities in the index, the fund maintains a targeted approach towards investment in this sector. The index compiles various types of equities, including common stocks, ordinary shares, American depositary receipts (ADRs), shares of beneficial interest, and tracking stocks, providing a broad perspective on the water conservation and purification industry. Despite its specialized focus, the fund is classified as non-diversified, meaning it might invest more heavily in a smaller number of positions, potentially increasing its risk compared to diversified funds.
The fund offers investment opportunities in companies involved in the following areas of water conservation and purification: