Invesco Water Resources Etf Profile
| PHO Etf | USD 71.54 0.11 0.15% |
Performance3 of 100
| Odds Of DistressLess than 9
|
Invesco Water is selling at 71.54 as of the 28th of November 2024; that is 0.15 percent increase since the beginning of the trading day. The etf's open price was 71.43. Invesco Water has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Invesco Water Resources are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
The fund generally will invest at least 90 percent of its total assets in securities that comprise the underlying index. Water Resources is traded on NASDAQ Exchange in the United States. More on Invesco Water Resources
Moving together with Invesco Etf
Invesco Etf Highlights
| Thematic Ideas | (View all Themes) |
| Old Names | [Peel Hotels Plc, Photon Control Inc, Photon Control Inc, Powershares Water Resources] |
| Business Concentration | Oslo Exchange Mutual, Oslo All Share, OBX Health Care, OSE Benchmark, Sector ETFs, Industrials ETFs, Natural Resources, Invesco (View all Sectors) |
| Issuer | Invesco |
| Inception Date | 2005-12-06 |
| Benchmark | NASDAQ OMX US Water Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 2.32 Billion |
| Average Trading Valume | 76,148 |
| Asset Type | Equity |
| Category | Sector |
| Focus | Industrials |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | Invesco Capital Management LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | Invesco Distributors, Inc. |
| Portfolio Manager | Peter Hubbard, Michael Jeanette, Pratik Doshi, Tony Seisser |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 30-Apr |
| Exchange | NASDAQ |
| Number of Constituents | 39.0 |
| Market Maker | Citadel |
| Total Expense | 0.6 |
| Management Fee | 0.5 |
| Country Name | USA |
| Returns Y T D | 17.73 |
| Name | Invesco Water Resources ETF |
| Currency Code | USD |
| Open Figi | BBG000K5HLS0 |
| In Threey Volatility | 20.82 |
| 1y Volatility | 17.56 |
| 200 Day M A | 67.0968 |
| 50 Day M A | 69.9994 |
| Code | PHO |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
Invesco Water Resources [PHO] is traded in USA and was established 2005-12-06. The fund is classified under Natural Resources category within Invesco family. The entity is thematically classified as Sector ETFs. Invesco Water Resources at this time have 1.52 B in assets. , while the total return for the last 3 years was 7.4%.
Check Invesco Water Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Invesco Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Invesco Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Invesco Water Resources Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Invesco Water Resources Etf Constituents
| ROP | Roper Technologies, Common | Stock | Industrials | |
| XYL | Xylem Inc | Stock | Industrials | |
| WTRG | Essential Utilities | Stock | Utilities | |
| WMS | Advanced Drainage Systems | Stock | Industrials | |
| WAT | Waters | Stock | Health Care | |
| TTEK | Tetra Tech | Stock | Industrials | |
| TTC | Toro Co | Stock | Industrials | |
| AOS | Smith AO | Stock | Industrials |
Invesco Water Top Holders
| AAANX | Horizon Active Asset | Mutual Fund | Tactical Allocation | |
| HASAX | Horizon Active Asset | Mutual Fund | Tactical Allocation | |
| HASIX | Horizon Active Asset | Mutual Fund | Tactical Allocation | |
| HECO | SPDR Galaxy Hedged | Etf | Miscellaneous Sector | |
| QALAX | Quantified Alternative Investment | Mutual Fund | Macro Trading | |
| QALTX | Quantified Alternative Investment | Mutual Fund | Macro Trading |
Invesco Water Resources Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Invesco Water. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0371 | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.11) |
Invesco Water Against Markets
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Invesco Water Resources. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
The market value of Invesco Water Resources is measured differently than its book value, which is the value of Invesco that is recorded on the company's balance sheet. Investors also form their own opinion of Invesco Water's value that differs from its market value or its book value, called intrinsic value, which is Invesco Water's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Invesco Water's market value can be influenced by many factors that don't directly affect Invesco Water's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Invesco Water's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Water is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Water's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.