PHO - Invesco Water Resources ETFEquity - Sector Equity
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.
|Index History (%)|
|NASDAQ OMX US Water Index||-7.55||7.82||12.26||8.24||N/A||N/A|
|S&P 500 Index||-8.27||8.19||9.87||9.23||12.65||8.39|
|Fund History (%)|
|After Tax Held||-7.63||7.04||11.51||7.44||8.57||6.63|
|After Tax Sold||-4.52||4.32||9.07||5.93||7.11||5.57|
|Fund Market Price||-8.69||5.89||11.22||7.32||8.58||6.59|
|Index History (%)|
|NASDAQ OMX US Water Index||38.34||38.34||17.43||9.68||N/A||N/A|
|S&P 500 Index||31.49||31.49||15.27||11.70||13.56||9.16|
|Fund History (%)|
|After Tax Held||37.21||37.21||16.62||8.84||9.13||7.31|
|After Tax Sold||22.17||22.17||13.16||7.05||7.59||6.16|
|Fund Market Price||37.84||37.84||16.81||8.99||9.28||7.36|
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 12/31/2019. 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||Percent of Fund|
|Health Care Equipment & Supplies||9.05%|
|Life Sciences Tools & Services||8.43%|
|Electronic Equipment, Instruments & Components||3.87%|
|Trading Companies & Distributors||3.31%|
|Commercial Services & Supplies||2.87%|
|Construction & Engineering||2.34%|
Market Cap & Style Allocations
as of 04/01/2020 Top Holdings | View All
Fund Holdings subject to change
|Ticker||Company||% of Fund|
|AWK||American Water Works Co Inc||9.57|
|ROP||Roper Technologies Inc||8.37|
|WTRG||Essential Utilities Inc||4.48|
|AOS||AO Smith Corp||3.78|
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, and 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 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.