PHO - ETF AI Analysis
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Invesco Water Resources ETF (PHO)
Rating:72Outperform
Price Target:―
Positive Factors
Focused Exposure to Water Theme
The ETF targets companies tied to water infrastructure, treatment, and technology, giving investors a direct way to invest in this long-term theme.
Sector Diversification Within Industrials and Utilities
Holdings are spread across industrials, utilities, technology, health care, and materials, which helps reduce the impact if one sector struggles.
Several Strong-Performing Core Holdings
Key positions like Ferguson, Mueller Industries, and IDEX have shown strong recent performance, helping support the fund despite some weaker names.
Negative Factors
High Expense Ratio
The fund’s expense ratio is relatively high for an ETF, which means more of the returns are eaten up by fees over time.
Concentration in a Few Stocks
The top five holdings make up a large share of the portfolio, so poor performance from any one of them could significantly hurt overall returns.
Mixed Recent Performance and Weakness in Some Top Holdings
The ETF’s year-to-date return is slightly negative and several major holdings like Waters, Roper Technologies, Xylem, and Veralto have been weak, which has weighed on overall results.
PHO vs. SPDR S&P 500 ETF (SPY)
AUM2.07B
RegionNorth America
Expense Ratio0.59%
Beta0.73
IssuerInvesco
Inception DateDec 06, 2005
Dividend Yield0.57%
Asset ClassEquity
Index TrackedNASDAQ OMX US Water
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume128,624
30 Day Avg. Volume82,129
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
81.23Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering37
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
PHO Summary
The Invesco Water Resources ETF (PHO) tracks the NASDAQ OMX US Water index and focuses on companies involved in water supply, treatment, and infrastructure. It mainly holds U.S. industrial and utility businesses that help deliver clean water, fix pipes, and improve water systems. Well-known holdings include Ecolab and American Water. Someone might invest in PHO to tap into long-term growth driven by rising global demand for clean water and to add a specialized theme to a diversified portfolio. A key risk is that it’s concentrated in the water sector, so it can rise or fall more than the broader market.
How much will it cost me?The Invesco Water Resources ETF (PHO) has an expense ratio of 0.59%, which means you’ll pay $5.90 per year for every $1,000 invested. This is higher than the average for passively managed ETFs because it focuses on a specialized niche—the water sector—which requires more research and management to track companies in this unique area.
What would affect this ETF?The Invesco Water Resources ETF (PHO) could benefit from increasing global focus on water conservation and infrastructure modernization, driven by growing concerns about water scarcity and environmental sustainability. However, potential challenges include regulatory changes, economic downturns that may reduce infrastructure spending, and rising interest rates, which could negatively impact the industrial and utility sectors that make up a significant portion of the ETF's holdings.
PHO Top 10 Holdings
PHO is very much a U.S.-centric bet on the nuts and bolts of water infrastructure, with industrial names in the driver’s seat. Ferguson, Mueller Industries, and IDEX have been rising, giving the fund a solid boost as demand for plumbing, flow control, and related equipment stays healthy. On the other side, Waters, Xylem, and Veralto have been lagging lately, acting like a bit of an anchor despite decent business fundamentals. Utilities like American Water are more of a steady ballast, helping smooth out the bumps in this water-focused ride.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Ferguson PLC | 8.48% | $174.43M | £37.89B | 53.97% | 65 Neutral | |
| Roper Technologies | 8.44% | $173.48M | $36.18B | -36.14% | 71 Outperform | |
| Waters | 7.86% | $161.59M | $30.42B | -11.80% | 70 Outperform | |
| Ecolab | 7.27% | $149.55M | $76.11B | 12.07% | 66 Neutral | |
| American Water | 7.08% | $145.51M | $25.86B | -8.53% | 73 Outperform | |
| Mueller Industries | 4.36% | $89.68M | $15.04B | 87.40% | 78 Outperform | |
| IDEX | 4.14% | $85.22M | $15.19B | 19.12% | 75 Outperform | |
| Xylem | 3.99% | $82.05M | $29.25B | 6.55% | 79 Outperform | |
| Pentair | 3.89% | $80.07M | $14.83B | 2.53% | 75 Outperform | |
| Core & Main | 3.89% | $79.99M | $9.64B | -4.79% | 71 Outperform |
PHO Technical Analysis
Negative
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Price Trends
68.90
Negative
70.61
Negative
71.21
Negative
Market Momentum
-0.15
Positive
40.57
Neutral
17.95
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For PHO, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 69.14, equal to the 50-day MA of 68.90, and equal to the 200-day MA of 71.21, indicating a bearish trend. The MACD of -0.15 indicates Positive momentum. The RSI at 40.57 is Neutral, neither overbought nor oversold. The STOCH value of 17.95 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for PHO.
PHO Peer Comparison
Comparison Results
Performance Comparison
PHO
Invesco Water Resources ETF
67.45
2.26
3.47%
THRO
Ishares U.S. Thematic Rotation Active Etf
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FDN
First Trust Dow Jones Internet Index Fund
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IFRA
iShares U.S. Infrastructure ETF
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JTEK
JPMorgan U.S. Tech Leaders ETF
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FIW
First Trust Water ETF
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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.
DisclaimerThis 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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