Invesco Water Resources ETF

$PHO · Invesco · tracks Nasdaq OMX US Water Index · since 2005

Dividend yield

0.88%

Expense ratio

0.60%

Assets

$1.9B

Weighted P/E

26.4x

About PHO

Tracks U.S. companies focused on water conservation, purification, distribution, and infrastructure. PHO is one of the oldest and largest water-themed ETFs, providing exposure to utilities, industrial water treatment firms, and water technology providers.

Top holdings

Xylem Inc.$XYLEM American Water Works$AWK Pentair PLC$PNR Artesian Water Co.$WTR Consolidated Water Co.$CWCO Helios Technologies$HLIO Itron Inc.$ITRI Mueller Water Products$MWA First Water Acquisition$FWAA Evoqua Water Technologies$AQUA

Sector exposure

Water Utilities32.4%
Water Treatment Tech28.6%
Water Infrastructure22.4%
Water Metering / Analytics10.8%
Other5.8%

How StockWorthy analyses PHO

ETFs hold companies rather than generating cash flow themselves, so PHO is assessed on cost, income and the valuation of what it owns: the expense ratio, the current yield against its own 0.76% long-run average, and a holdings-weighted P/E and growth rate built from the underlying positions. Figures are educational and not investment advice.