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CGW - ETF AI Analysis
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Invesco S&P Global Water Index ETF (CGW)
Rating:60Neutral
Price Target:―
Positive Factors
Strong Top Holdings
Several key holdings, like Xylem and Advanced Drainage Systems, have delivered strong year-to-date performance, supporting the ETF’s overall growth.
Sector Focus on Stability
The ETF’s heavy exposure to Industrials and Utilities provides stability, as these sectors tend to perform well in various market conditions.
Global Diversification
The ETF includes exposure to multiple countries beyond the U.S., such as the UK and Switzerland, reducing reliance on a single geographic market.
Negative Factors
High Expense Ratio
The ETF’s expense ratio is higher than many passive funds, which can eat into investor returns over time.
Over-Concentration in U.S. Market
With over 61% of assets in U.S.-based companies, the fund is heavily reliant on the performance of the domestic market.
Mixed Performance Among Holdings
Some holdings, like Veralto Corporation, have shown weaker year-to-date performance, which could drag on overall returns.
CGW vs. SPDR S&P 500 ETF (SPY)
AUM997.72M
RegionGlobal
Expense Ratio0.59%
Beta0.55
IssuerInvesco
Inception DateMay 14, 2007
Dividend Yield1.91%
Asset ClassEquity
Index TrackedS&P Global Water
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume22,681
30 Day Avg. Volume32,864
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
70.97Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering63
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
CGW Summary
The Invesco S&P Global Water Index ETF (CGW) is a fund that focuses on companies involved in the water industry, such as water utilities, infrastructure, and equipment. It follows the S&P Global Water Index and includes well-known companies like American Water and Xylem. This ETF is ideal for investors who want to support sustainable industries while potentially benefiting from the growing demand for water solutions worldwide. However, new investors should be aware that the ETF’s performance can be affected by changes in the global economy and the water sector specifically.
How much will it cost me?The Invesco S&P Global Water Index ETF (CGW) has an expense ratio of 0.59%, meaning you’ll pay $5.90 per year for every $1,000 invested. This is higher than average for ETFs because it is passively managed but focuses on a niche sector, which often involves higher costs to track specialized indexes.
What would affect this ETF?The CGW ETF could benefit from increasing global investment in water infrastructure and sustainability initiatives, as well as growing demand for clean water solutions driven by population growth and climate change. However, it may face challenges from regulatory changes, rising interest rates that could impact utilities and industrial companies, or economic slowdowns that reduce infrastructure spending. Its global exposure and focus on water-related industries position it to capitalize on long-term trends but also make it sensitive to sector-specific risks.
CGW Top 10 Holdings
The Invesco S&P Global Water Index ETF (CGW) is making waves with its focus on water utilities and infrastructure, but recent stock performance has been a mixed bag. Xylem, a top holding, is steadying the ship with solid growth prospects, while American Water is lagging due to bearish momentum and valuation concerns. Meanwhile, Advanced Drainage Systems is rising on strong financials, adding buoyancy to the fund. With a clear tilt toward industrials and utilities, CGW is globally diversified but concentrated in water-focused names, making it a niche play for sustainability-minded investors.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| ― | 8.51% | $85.07M | ― | ― | ― | |
| Xylem | 7.60% | $75.96M | $34.36B | 12.35% | 79 Outperform | |
| American Water | 7.35% | $73.45M | $25.34B | -6.12% | 65 Neutral | |
| United Utilities | 5.89% | $58.83M | £8.36B | 9.47% | 61 Neutral | |
| Veralto Corporation | 5.83% | $58.25M | $25.15B | -6.20% | 71 Outperform | |
| Severn Trent | 5.27% | $52.69M | £8.59B | 4.62% | 68 Neutral | |
| Essential Utilities | 4.29% | $42.91M | $11.11B | -2.53% | 72 Outperform | |
| Geberit AG | 4.11% | $41.07M | CHF19.88B | 19.50% | 66 Neutral | |
| Advanced Drainage Systems | 3.98% | $39.82M | $11.94B | 15.21% | 74 Outperform | |
| Ecolab | 3.90% | $38.97M | $77.89B | 11.02% | 66 Neutral |
CGW Technical Analysis
Positive
―
Price Trends
63.97
Positive
63.65
Positive
60.88
Positive
Market Momentum
-0.26
Negative
54.99
Neutral
71.67
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For CGW, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 63.60, equal to the 50-day MA of 63.97, and equal to the 200-day MA of 60.88, indicating a bullish trend. The MACD of -0.26 indicates Negative momentum. The RSI at 54.99 is Neutral, neither overbought nor oversold. The STOCH value of 71.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CGW.
CGW Peer Comparison
Comparison Results
Performance Comparison
CGW
Invesco S&P Global Water Index ETF
64.33
6.01
10.31%
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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