Invesco Water Resources ETF (PHO)
| Assets | $2.18B |
| Expense Ratio | 0.59% |
| PE Ratio | 26.74 |
| Shares Out | 32.34M |
| Dividend (ttm) | $0.30 |
| Dividend Yield | 0.44% |
| Ex-Dividend Date | Dec 23, 2024 |
| Payout Ratio | 11.75% |
| 1-Year Return | +15.15% |
| Volume | 53,109 |
| Open | 68.00 |
| Previous Close | 67.51 |
| Day's Range | 67.68 - 68.15 |
| 52-Week Low | 58.76 |
| 52-Week High | 72.59 |
| Beta | 1.00 |
| Holdings | 41 |
| Inception Date | Dec 6, 2005 |
About PHO
Fund Home PageThe Invesco Water Resources ETF (PHO) is an exchange-traded fund that is based on the NASDAQ OMX US Water index. The fund tracks a modified liquidity-weighted index of US-listed companies that create products to conserve and purify water. PHO was launched on Dec 6, 2005 and is issued by Invesco.
Top 10 Holdings
57.56% of assets| Name | Symbol | Weight |
|---|---|---|
| Ecolab Inc. | ECL | 8.14% |
| Roper Technologies, Inc. | ROP | 7.76% |
| Ferguson Enterprises Inc. | FERG | 6.92% |
| Veralto Corporation | VLTO | 6.49% |
| Xylem Inc. | XYL | 6.43% |
| Core & Main, Inc. | CNM | 4.79% |
| Waters Corporation | WAT | 4.46% |
| Mueller Industries, Inc. | MLI | 4.29% |
| Tetra Tech, Inc. | TTEK | 4.29% |
| IDEX Corporation | IEX | 3.99% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 23, 2024 | $0.092 | n/a |
| Sep 23, 2024 | $0.050 | Sep 27, 2024 |
| Jun 24, 2024 | $0.093 | Jun 28, 2024 |
| Mar 18, 2024 | $0.063 | Mar 22, 2024 |
| Dec 18, 2023 | $0.115 | Dec 22, 2023 |
| Sep 18, 2023 | $0.050 | Sep 22, 2023 |
News
PHO: Water Sounds Appealing, But I Don't Love This Fund
Investing in the water industry is promising due to outdated infrastructure, droughts, and global water scarcity, with governments ramping up infrastructure spending. It's not so easy to define what e...
PHO: Liquidity At A Long-Term Discount
PHO is the largest water ETF with over $2 billion in AUM, tracking companies that conserve and purify water. Contaminated water is a widespread issue, with PFAS chemicals causing health problems and a...
PHO: A Water Resource Fund With Qualities As Average As A Plain Glass Of Water
Invesco Water Resources ETF (PHO) has mediocre prospects and does not deserve a buy rating due to its relative underperformance, high expense ratio, and low dividend yield.
PHO: Drinking Water Is Bullish
Invesco Water Resources ETF offers investors exposure to companies operating within the water resources industry. The PHO ETF's holdings span various sectors within the water industry, providing expos...
PHO: Water Is A Long Term Play
Invesco Water Resources ETF focuses on the water industry and related industries, holding about 40-45 water-related stocks. The fund's holdings include companies in healthcare, life sciences, diagnost...
Taming The Tides: Navigating PHO's Turbulent Market Ride
PHO has been underperforming the S&P 500 and is approaching a turning point, potentially moving $2-3 higher before resuming a downward trend. The valuation remains relatively high, with a low dividend...
PHO: Sustainable Demand For Clean Water Solutions
PHO offers diversified exposure to water conservation and treatment solutions. The demand growth for the industry will be driven by increased investment in water infrastructure upgrades in the US.
PHO: Swimming Against The Tide - A Bearish Perspective On The Water Industry
Water investments have grown in popularity in recent years, owing to rising demand for ESG investments and increased awareness of the developing scarcity issue. Investors have poured money into the in...
PHO: U.S.-Centered Water Play Is Valued Horribly
With $1.5 billion in net assets, PHO tracks the modified liquidity-weighted NASDAQ OMX US Water Index. The fund favors the industrial, utilities, and healthcare, sectors. Its performance since incepti...
PHO: Valuation Will Likely Be A Drag On Future Returns
Valuations in the water sector remain excessive and continue to be a major factor of risk for potential buyers. It's critical to underline that we are currently seeing tighter financial conditions acr...
PHO: Pay Close Attention To Valuations
Since my previous article, PHO lost ~22% vs. a loss of ~16% for the S&P 500 and has clearly underperformed the market. Investors' sentiment is shifting from the ESG trade to stocks that can shield the...
5 'Blue Economy' Stocks and Funds
Blue economy isn't a household term – one investing expert told us he had to search for it on the internet when we asked about it recently. But it's getting a growing amount of attention.
PHO: A Basket Of High-Quality Stocks To Benefit From The Water Megatrend
PHO provides exposure to the US water industry and invests in companies involved in the purification and conservation of water. PHO has outperformed PIO over a 10-year timeframe and has closely matche...
Water Investing: 5 Funds You Should Tap
As the importance of water sustainability becomes ever more apparent, so too do the potential rewards of investing in water.
PHO: A Watertight Tsunami
The Invesco Water Resources ETF seems all set to grow and prosper as the bipartisan infrastructure bill has allocated $55 billion to the water resources sector. Two outperforming peers in this sector ...
3 Reasons We're Overweight Industrials
The confluence of the strong economic cycle and what we expect will be a step up in capital investment spending suggests a portfolio focus on industrials. We believe favorable market structures exist ...
ETF Edge, June 28, 2021
CNBC's Bob Pisani dives into two off the hottest market trends — activist investing and ESG — with Engine No. 1 CEO Jennifer Grancio and DWS Group's Head of Systematic Investment Solutions for the Ame...
Water ETFs: $111 Billion For Water Infrastructure
The Biden jobs bill has $111 billion for water infrastructure. An ETF is a good way to play this without a lot of investment in time. There are a wide range of companies that will benefit, mostly larg...
Invesco Water Resources Portfolio ETF: More Than What Comes Out Of The Tap
Population growth and climate change have made securing fresh water supplies a much higher priority in many parts of the world, including recently Texas. Like for other natural resource ETFs, Invesco ...
ETFs: 5 Funds For Investing In Water, A Vital Resource
Water doesn't typically get the same focus that I put on other utilities like electric and gas companies. Though, that doesn't mean that investing in water ETFs doesn't have its own merits; it certain...
Best Water ETFs for Q1 2021
The best Water ETFs for Q1 2021 are PHO, PIO, and FIW.
Why Every Investor Should Invest in Water
This might surprise you, but water is a fantastic investment.