Product Details
The Invesco Water Resources ETF (Fund) is based on the NASDAQ OMX US Water Index (Index). The Fund generally will invest at least 90% of its total assets in common stocks and American depositary receipts (ADRs) and global depositary receipts (GDRs) of companies in the water industry that comprise the Underlying Index. The Underlying Index seeks to track the performance of US exchange-listed companies that create products designed to conserve and purify water for homes, businesses and industries. The Fund and the Index are rebalanced quarterly and reconstituted annually in April.
Morningstar Rating ™
Overall Rating - Natural Resources CategoryAs of 08/31/2022 the Fund had an overall rating of 5 stars out of 106 funds and was rated 3 stars out of 106 funds, 5 stars out of 99 funds and 5 stars out of 87 funds for the 3-, 5- and 10- year periods, respectively.
Source: Morningstar Inc. Ratings are based on a risk-adjusted return measure that accounts for variation in a fund's monthly performance, placing more emphasis on downward variations and rewarding consistent performance. Open-end mutual funds and exchange-traded funds are considered a single population for comparison purposes. Ratings are calculated for funds with at least a three year history. The overall rating is derived from a weighted average of three-, five- and 10-year rating metrics, as applicable, excluding sales charges and including fees and expenses. ©2022 Morningstar Inc. All rights reserved. The information contained herein is proprietary to Morningstar and/or its content providers. It may not be copied or distributed and is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance does not guarantee future results. The top 10% of funds in a category receive five stars, the next 22.5% four stars, the next 35% three stars, the next 22.5% two stars and the bottom 10% one star. Ratings are subject to change monthly. Had fees not been waived and/or expenses reimbursed currently or in the past, the Morningstar rating would have been lower. Ratings for other share classes may differ due to different performance characteristics.
Performance
Index History (%) | YTD | 1Yr | 3Yr | 5Yr | 10Yr | Since Inception |
---|---|---|---|---|---|---|
Nasdaq OMX US Water Index-TR | 15.58 | 23.73 | 7.26 | 15.39 | 11.62 | N/A |
S&P 500 Index | 19.53 | 27.14 | 9.38 | 15.92 | 12.98 | 10.48 |
Fund History (%) | ||||||
Fund NAV | 15.10 | 22.98 | 6.47 | 14.60 | 10.89 | 9.05 |
After Tax Held | 15.00 | 22.77 | 6.33 | 14.47 | 10.76 | 8.93 |
After Tax Sold | 8.94 | 13.64 | 4.96 | 11.73 | 9.00 | 7.76 |
Fund Market Price | 15.09 | 22.92 | 6.49 | 14.59 | 10.89 | 8.99 |
Index History (%) | YTD | 1Yr | 3Yr | 5Yr | 10Yr | Since Inception |
---|---|---|---|---|---|---|
Nasdaq OMX US Water Index-TR | 7.17 | 16.37 | 7.96 | 14.04 | 10.58 | N/A |
S&P 500 Index | 15.29 | 24.56 | 10.01 | 15.05 | 12.86 | 10.36 |
Fund History (%) | ||||||
Fund NAV | 6.85 | 15.69 | 7.17 | 13.27 | 9.86 | 8.70 |
After Tax Held | 6.76 | 15.50 | 7.03 | 13.14 | 9.73 | 8.58 |
After Tax Sold | 4.06 | 9.34 | 5.52 | 10.61 | 8.10 | 7.43 |
Fund Market Price | 6.85 | 15.71 | 7.14 | 13.27 | 9.87 | 8.64 |
Market returns are based on the midpoint of the bid/ask spread at 4 p.m. ET and do not represent the returns an investor would receive if shares were traded at other times. Performance data quoted represents past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, and shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than performance data quoted. After-tax returns reflect the highest federal income tax rate but exclude state and local taxes. Fund performance reflects applicable fee waivers, absent which, performance data quoted would have been lower. After Tax Held and After Tax Sold are based on NAV. Returns less than one year are cumulative.
Growth of $10,000
Data beginning 10 years prior to the ending date of 06/30/2024. Fund performance shown at NAV.
NASDAQ OMX US Water Index* performance prior to 3/1/2012 reflects that of the original Underlying Index Palisades Water Index. From 3/1/2012, forward, the Index performance reflects that of the Underlying Index NASDAQ OMX US Water Index AND IS NOT INTENDED FOR ANY THIRD PARTY USE.
An investor cannot invest directly in an index. The results assume that no cash was added to or assets withdrawn from the Index. Index returns do not represent Fund returns. The Index does not charge management fees or brokerage expenses, nor does the Index lend securities, and no revenues from securities lending were added to the performance shown.
Industry Allocations
Industry | Percent of Fund |
---|---|
Machinery | 22.67% |
Water Utilities | 16.52% |
Commercial Services & Supplies | 10.68% |
Trading Companies & Distributors | 10.03% |
Building Products | 8.40% |
Chemicals | 8.37% |
Software | 8.03% |
Construction & Engineering | 7.13% |
Life Sciences Tools & Services | 4.09% |
Electronic Equipment, Instruments & Components | 3.96% |
Investment Companies - MMF | 0.10% |
Cash | 0.00 |
Market Cap & Style Allocations
Large-Cap Value | - |
Large-Cap Blend | 8.47% |
Large-Cap Growth | 0.88% |
Mid-Cap Value | - |
Mid-Cap Blend | 50.28% |
Mid-Cap Growth | 15.46% |
Small-Cap Value | - |
Small-Cap Blend | 19.02% |
Small-Cap Growth | 5.88% |
as of 09/13/2024 Top Holdings | View All
Fund Holdings subject to change
Ticker | Company | % of Fund |
---|---|---|
AWK | American Water Works Co Inc | 8.79 |
ECL | Ecolab Inc | 8.37 |
ROP | Roper Technologies Inc | 8.03 |
VLTO | Veralto Corp | 7.52 |
FERG | Ferguson Enterprises Inc | 7.28 |
PNR | Pentair PLC | 4.36 |
ACM | AECOM | 4.24 |
WAT | Waters Corp | 4.09 |
TTC | Toro Co/The | 3.99 |
IEX | IDEX Corp | 3.71 |
Distributions | Hide View All | Distribution Information
Ex-Date | Record Date | Pay Date | $/ Share |
Ordinary Income | Short Term Gains | Long Term Gains | Return of Capital | Liquidation Distribution |
---|---|---|---|---|---|---|---|---|
06/24/2024 | 06/24/2024 | 06/28/2024 | 0.09262 | 0.09262 | - | - | - | - |
03/18/2024 | 03/19/2024 | 03/22/2024 | 0.06291 | 0.06291 | - | - | - | - |
12/18/2023 | 12/19/2023 | 12/22/2023 | 0.11500 | 0.11500 | - | - | - | - |
09/18/2023 | 09/19/2023 | 09/22/2023 | 0.05045 | 0.05045 | - | - | - | - |
06/20/2023 | 06/21/2023 | 06/23/2023 | 0.11605 | 0.11605 | - | - | - | - |
03/20/2023 | 03/21/2023 | 03/24/2023 | 0.07941 | 0.07941 | - | - | - | - |
12/19/2022 | 12/20/2022 | 12/23/2022 | 0.13251 | 0.13251 | - | - | - | - |
09/19/2022 | 09/20/2022 | 09/23/2022 | 0.03929 | 0.03929 | - | - | - | - |
06/21/2022 | 06/22/2022 | 06/30/2022 | 0.03905 | 0.03905 | - | - | - | - |
03/21/2022 | 03/22/2022 | 03/31/2022 | 0.03945 | 0.03945 | - | - | - | - |
12/20/2021 | 12/21/2021 | 12/31/2021 | 0.03161 | 0.03161 | - | - | - | - |
09/20/2021 | 09/21/2021 | 09/30/2021 | 0.01925 | 0.01925 | - | - | - | - |
06/21/2021 | 06/22/2021 | 06/30/2021 | 0.04200 | 0.04200 | - | - | - | - |
03/22/2021 | 03/23/2021 | 03/31/2021 | 0.02846 | 0.02846 | - | - | - | - |
12/21/2020 | 12/22/2020 | 12/31/2020 | 0.04550 | 0.04550 | - | - | - | - |
09/21/2020 | 09/22/2020 | 09/30/2020 | 0.03649 | 0.03649 | - | - | - | - |
06/22/2020 | 06/23/2020 | 06/30/2020 | 0.06153 | 0.06153 | - | - | - | - |
03/23/2020 | 03/24/2020 | 03/31/2020 | 0.03616 | 0.03616 | - | - | - | - |
12/23/2019 | 12/24/2019 | 12/31/2019 | 0.04519 | 0.04519 | - | - | - | - |
09/23/2019 | 09/24/2019 | 09/30/2019 | 0.03284 | 0.03284 | - | - | - | - |
06/24/2019 | 06/25/2019 | 06/28/2019 | 0.08953 | 0.08953 | - | - | - | - |
12/24/2018 | 12/26/2018 | 12/31/2018 | 0.05020 | 0.05020 | - | - | - | - |
09/24/2018 | 09/25/2018 | 09/28/2018 | 0.02270 | 0.02270 | - | - | - | - |
06/18/2018 | 06/19/2018 | 06/29/2018 | 0.05675 | 0.05675 | - | - | - | - |
12/18/2017 | 12/19/2017 | 12/29/2017 | 0.02415 | 0.02415 | - | - | - | - |
09/18/2017 | 09/19/2017 | 09/29/2017 | 0.02062 | 0.02062 | - | - | - | - |
06/16/2017 | 06/20/2017 | 06/30/2017 | 0.05747 | 0.05747 | - | - | - | - |
12/16/2016 | 12/20/2016 | 12/30/2016 | 0.07629 | 0.07629 | - | - | - | - |
09/16/2016 | 09/20/2016 | 09/30/2016 | 0.02593 | 0.02593 | - | - | - | - |
06/17/2016 | 06/21/2016 | 06/30/2016 | 0.01407 | 0.01407 | - | - | - | - |
03/18/2016 | 03/22/2016 | 03/31/2016 | - | - | - | - | - | - |
12/18/2015 | 12/22/2015 | 12/31/2015 | 0.06163 | 0.06163 | - | - | - | - |
09/18/2015 | 09/22/2015 | 09/30/2015 | 0.02641 | 0.02641 | - | - | - | - |
06/19/2015 | 06/23/2015 | 06/30/2015 | 0.07483 | 0.07483 | - | - | - | - |
03/20/2015 | 03/24/2015 | 03/31/2015 | - | - | - | - | - | - |
12/19/2014 | 12/23/2014 | 12/31/2014 | 0.03799 | 0.03799 | - | - | - | - |
09/19/2014 | 09/23/2014 | 09/30/2014 | 0.02874 | 0.02874 | - | - | - | - |
06/20/2014 | 06/24/2014 | 06/30/2014 | 0.08644 | 0.08644 | - | - | - | - |
12/20/2013 | 12/24/2013 | 12/31/2013 | 0.02254 | 0.02254 | - | - | - | - |
09/20/2013 | 09/24/2013 | 09/30/2013 | 0.02389 | 0.02389 | - | - | - | - |
06/21/2013 | 06/25/2013 | 06/28/2013 | 0.08126 | 0.08126 | - | - | - | - |
03/15/2013 | 03/19/2013 | 03/28/2013 | 0.00000 | 0.00000 | - | - | - | - |
12/21/2012 | 12/26/2012 | 12/31/2012 | 0.04147 | 0.04147 | - | - | - | - |
09/21/2012 | 09/25/2012 | 09/28/2012 | 0.01826 | 0.01826 | - | - | - | - |
06/15/2012 | 06/19/2012 | 06/29/2012 | 0.10029 | 0.10029 | - | - | - | - |
03/16/2012 | 03/20/2012 | 03/30/2012 | 0.02108 | 0.02108 | - | - | - | - |
12/16/2011 | 12/20/2011 | 12/30/2011 | 0.01816 | 0.01816 | - | - | - | - |
09/16/2011 | 09/20/2011 | 09/30/2011 | 0.01612 | 0.01612 | - | - | - | - |
06/17/2011 | 06/21/2011 | 06/30/2011 | 0.07430 | 0.07430 | - | - | - | - |
12/17/2010 | 12/21/2010 | 12/31/2010 | 0.07639 | 0.07639 | - | - | - | - |
06/18/2010 | 06/22/2010 | 06/30/2010 | 0.02548 | 0.02548 | - | - | - | - |
12/18/2009 | 12/22/2009 | 12/31/2009 | 0.07262 | 0.07262 | - | - | - | - |
09/18/2009 | 09/22/2009 | 09/30/2009 | 0.00436 | 0.00436 | - | - | - | - |
06/19/2009 | 06/23/2009 | 06/30/2009 | 0.03651 | 0.03651 | - | - | - | - |
03/20/2009 | 03/24/2009 | 03/31/2009 | 0.00209 | 0.00209 | - | - | - | - |
12/19/2008 | 12/23/2008 | 12/31/2008 | 0.04239 | 0.04239 | - | - | - | - |
06/20/2008 | 06/24/2008 | 06/30/2008 | 0.01919 | 0.01919 | - | - | - | - |
03/20/2008 | 03/25/2008 | 03/31/2008 | 0.01822 | 0.01822 | - | - | - | - |
12/21/2007 | 12/26/2007 | 12/31/2007 | 0.01763 | 0.01763 | - | - | - | - |
09/21/2007 | 09/25/2007 | 09/28/2007 | 0.01328 | 0.01328 | - | - | - | - |
06/15/2007 | 06/19/2007 | 06/29/2007 | 0.03052 | 0.03052 | - | - | - | - |
03/16/2007 | 03/20/2007 | 03/30/2007 | 0.02358 | 0.02358 | - | - | - | - |
12/15/2006 | 12/19/2006 | 12/29/2006 | 0.07779 | 0.07779 | - | - | - | - |
09/15/2006 | 09/19/2006 | 09/29/2006 | 0.03621 | 0.03621 | - | - | - | - |
06/16/2006 | 06/20/2006 | 06/30/2006 | 0.03737 | 0.03737 | - | - | - | - |
12/30/2005 | 01/04/2006 | 01/31/2006 | 0.02682 | 0.02682 | - | - | - | - |
12/16/2005 | 12/20/2005 | 12/30/2005 | 0.00627 | 0.00627 | - | - | - | - |
Distribution Information
Frequency Distribution of Discounts & Premiums
Bid/Ask MidPoint Above NAV | |||||||
---|---|---|---|---|---|---|---|
Quarter Ending |
Days | 0.00- 0.25% |
0.26- 0.50% |
0.51- 0.99% |
1.00- 1.49% |
1.50- 1.99% |
≥2.00% |
06/30/2024 | 63 | 29 | 0 | 0 | 0 | 0 | 0 |
03/31/2024 | 61 | 27 | 0 | 0 | 0 | 0 | 0 |
12/31/2023 | 63 | 17 | 0 | 0 | 0 | 0 | 0 |
09/30/2023 | 63 | 35 | 0 | 0 | 0 | 0 | 0 |
Year Ended 2023 | 250 | 109 | 0 | 0 | 0 | 0 | 0 |
Bid/Ask Midpoint Below NAV | |||||||
---|---|---|---|---|---|---|---|
Quarter Ending |
Days | 0.00- 0.25% |
0.26- 0.50% |
0.51- 0.99% |
1.00- 1.49% |
1.50- 1.99% |
≥2.00% |
06/30/2024 | 63 | 34 | 0 | 0 | 0 | 0 | 0 |
03/31/2024 | 61 | 34 | 0 | 0 | 0 | 0 | 0 |
12/31/2023 | 63 | 46 | 0 | 0 | 0 | 0 | 0 |
09/30/2023 | 63 | 28 | 0 | 0 | 0 | 0 | 0 |
Year Ended 2023 | 250 | 141 | 0 | 0 | 0 | 0 | 0 |
Fund Inception : 12/06/2005
Shareholders may pay more than net asset value when they buy Fund shares and receive less than net asset value when they sell those shares, because shares are bought and sold at current market prices. Performance data quoted represents past performance, which is not a guarantee of future results.
Shareholders may pay more than net asset value when they buy Fund shares and receive less than net asset value when they sell those shares, because shares are bought and sold at current market prices. Performance data quoted represents past performance, which is not a guarantee of future results.
Fund Documents
Risk & Other Information
Typically, security classifications used in calculating allocation tables are as of the last trading day of the previous month.
There are risks involved with investing in ETFs, including possible loss of money. Shares are not actively managed and are subject to risks similar to those of stocks, including those regarding short selling and margin maintenance requirements. Ordinary brokerage commissions apply. The Fund's return may not match the return of the Underlying Index. The Fund is subject to certain other risks. Please see the current prospectus for more information regarding the risk associated with an investment in the Fund.
Investments focused in a particular industry, such as water, or sector, such as industrials, are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.
Stocks of small and mid-sized companies tend to be more vulnerable to adverse developments, may be more volatile, and may be illiquid or restricted as to resale.
The risks of investing in securities of foreign issuers can include fluctuations in foreign currencies, political and economic instability, and foreign taxation issues.
The Fund is non-diversified and may experience greater volatility than a more diversified investment.
The Fund relies on the Index Provider to identify the securities to be included in the Index that provide exposure to the environmental themes of water conservation and purification. Fund performance may suffer if such securities are not correctly identified, or securities included in the Index do not benefit from the development of such themes. Information used to evaluate thematic factors may not be readily available, complete or accurate, which could negatively impact the Index Provider's ability to apply its standards when compiling the Index and may negatively impact the Fund's performance. Performance may also be impacted by the inclusion of non-theme-relevant exposures in the Index.
The Palisades Water Index™ is a modified equal-dollar weighted index designed to track the performance of companies engaged in the water industry.
The Global Industry Classification Standard was developed by and is the exclusive property and a service mark of MSCI, Inc. and Standard & Poor's.
The Invesco Water Resources ETF is not sponsored, endorsed, sold or promoted by the NASDAQ OMX Group, Inc. or its affiliates (NASDAQ OMX, with its affiliates, are referred to as the "Corporations"). The Corporations have no liability in connection with the administration, marketing or trading of the Invesco Water Resources ETF. "NASDAQ®" is a registered trademark and is used under license.