Invesco Global Water Etf Profile
| PIO Etf | USD 41.51 0.05 0.12% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Invesco Global is selling at 41.51 as of the 28th of November 2024; that is 0.12 percent increase since the beginning of the trading day. The etf's open price was 41.46. Invesco Global has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Invesco Global Water 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 the securities that comprise the underlying index, as well as ADRs and GDRs that are based on the securities in the underlying index. Global Water is traded on NASDAQ Exchange in the United States. More on Invesco Global Water
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Invesco Etf Highlights
| Thematic Ideas | (View all Themes) |
| Old Names | [PIONEER, PIONEER - Dusseldorf Stock Exchang, PIONEER, PIONEER (PIO.SG), Pioneer Corporation, PowerShares Global Water UCITS ETF, Pioneer Resources Limited, PWRSHS GLB WTR PORT] |
| Business Concentration | Sector ETFs, Industrials ETFs, Natural Resources, Invesco (View all Sectors) |
| Issuer | Invesco |
| Inception Date | 2007-06-13 |
| Benchmark | NASDAQ OMX Global Water Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 271.92 Million |
| Average Trading Valume | 9,609.8 |
| 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 | 31-Oct |
| Exchange | NASDAQ |
| Number of Constituents | 38.0 |
| Market Maker | Citadel |
| Total Expense | 0.75 |
| Management Fee | 0.75 |
| Country Name | USA |
| Returns Y T D | 5.54 |
| Name | Invesco Global Water ETF |
| Currency Code | USD |
| Open Figi | BBG000QJXJP4 |
| In Threey Volatility | 21.41 |
| 1y Volatility | 20.73 |
| 200 Day M A | 41.4415 |
| 50 Day M A | 41.6578 |
| Code | PIO |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
Invesco Global Water [PIO] is traded in USA and was established 2007-06-13. The fund is classified under Natural Resources category within Invesco family. The entity is thematically classified as Sector ETFs. Invesco Global Water at this time have 236.02 M in assets. , while the total return for the last 3 years was 1.0%.
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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 Global Water 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.
Invesco Global Water Currency Exposure
Invesco Global Water holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Invesco Global will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Invesco Global Water.
Top Invesco Global Water Etf Constituents
| AOS | Smith AO | Stock | Industrials | |
| AWK | American Water Works | Stock | Utilities | |
| DHR | Danaher | Stock | Health Care | |
| ECL | Ecolab Inc | Stock | Materials | |
| FERG | Ferguson Plc | Stock | Industrials | |
| IEX | IDEX Corporation | Stock | Industrials | |
| PNR | Pentair PLC | Stock | Industrials | |
| ROP | Roper Technologies, Common | Stock | Industrials |
Invesco Global Water 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 Global. 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 | (0.02) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | (0.04) |
Invesco Global Against Markets
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Invesco Global Water. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
The market value of Invesco Global Water 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 Global's value that differs from its market value or its book value, called intrinsic value, which is Invesco Global'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 Global's market value can be influenced by many factors that don't directly affect Invesco Global'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 Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Global'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.