Invesco S&P Global Water Index ETF
Find Ratings Reports- Last Ratings Update:02/29/2024
- Price as of 02/29/2024 :$53.16
- Net Assets:$0 Million
- NAV:$53.53
- Premium-0.69%
- Peer Rank:59 of 95
- Investment Rating:C
- Performance:C+
- RiskC+
We rate Invesco S&P Global Water Idx at C. Positive factors that influence this rating include a greater than above average total return, low price volatility, low expense structure and long term portfolio management tenure. The fund invests approximately 100% of its assets in stocks and may be considered for investors seeking a Sector - Energy/Natural Res strategy.
Total return ranks above peers over the last three years. The Invesco S&P Global Water Idx has returned an annual rate of 6.71% since inception. More recently, the fund has generated a total return of 10.41% in the last five years, 5.73% in the last three years, and 10.10% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 76% of them. It has also outpaced 64% of its competitors on a three year basis and 50% of them over the last year for the period ending 2/29/2024. On a year to date basis, CGW has returned 0.87%.
Downside risk has been below average. CGW has a draw down risk of -32.28%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 22.0%. This fund has experienced a high level of volatility in its monthly performance over the last 36 months.
Low expense ratio helps performance. As CGW is an exchange traded fund, it has no front end or back end load.
The Invesco S&P Global Water Idx is managed by Peter Hubbard at Invesco Capital Management LLC. This fund is one of 201 Invesco Capital Management LLC exchange-traded funds launched since 3/10/1999 that we track.