Invesco Global Water ETF·Financial Services
The Invesco Global Water ETF (Fund) is based on the Nasdaq OMX Global Water Index (Index). The Fund generally will invest at least 90% of its total assets in companies listed on a global exchange 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.
Financial Services
Asset Management
2007-06-13
1.28
Market Peers

The Invesco Global Water ETF (PIO) was launched on June 13, 2007, and is a passively managed exchange traded fund designed to offer broad exposure to the Industrials - Water segment of the equity market.

Launched on 06/13/2007, the Invesco Global Water ETF (PIO) is a smart beta exchange traded fund offering broad exposure to the Industrials ETFs category of the market.

Looking for broad exposure to the Industrials - Water segment of the equity market? You should consider the Invesco Global Water ETF (PIO), a passively managed exchange traded fund launched on June 13, 2007.

PIO is assigned a strong sell rating due to persistent underperformance versus domestic water ETFs (achieving only 25% of the return of the leading fund over the last eighteen years). The fund offers exposure to the global water sector (i.e., industrials and utilities) versus ownership of the scarce natural asset. Many of PIO's holdings have only small water segments (by their share of revenue), diluting the pure-play water exposure.