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PHO - ETF AI Analysis
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Invesco Water Resources ETF (PHO)
Rating:72Outperform
Price Target:―
Positive Factors
Strong Sector Diversification
The ETF is spread across five sectors, with a focus on Industrials, reducing reliance on any single industry.
Healthy Asset Growth
The fund has over $2.2 billion in assets under management, indicating strong investor interest and stability.
Solid Performance
The ETF has delivered steady gains year-to-date and over recent months, showing resilience in the market.
Negative Factors
High U.S. Concentration
With over 91% of its exposure in U.S. companies, the ETF lacks geographic diversification and is sensitive to domestic market conditions.
Mixed Top Holdings Performance
Some of the largest holdings, like Waters and IDEX, have underperformed year-to-date, which could drag on overall returns.
Above-Average Expense Ratio
The ETF charges a relatively high expense ratio compared to similar funds, which may reduce net returns for investors.
PHO vs. SPDR S&P 500 ETF (SPY)
AUM2.14B
RegionNorth America
Expense Ratio0.59%
Beta0.74
IssuerInvesco
Inception DateDec 06, 2005
Dividend Yield0.53%
Asset ClassEquity
Index TrackedNASDAQ OMX US Water
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume52,563
30 Day Avg. Volume75,198
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
82.40Price 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) is an investment fund that focuses on companies involved in the water industry, including water conservation, purification, and infrastructure development. It tracks the NASDAQ OMX US Water Index and includes well-known companies like American Water and Ecolab. This ETF is a good option for investors interested in growth opportunities tied to the increasing global demand for clean water and sustainable resource management. However, new investors should be aware that the ETF’s performance can fluctuate with the broader market and is heavily influenced by trends in the water sector.
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
The Invesco Water Resources ETF (PHO) is swimming in the water sector, with a strong focus on industrials and utilities driving its performance. Mueller Industries is making waves with bullish momentum and solid financial results, while Advanced Drainage Systems is steadily buoying the fund thanks to its growth initiatives. On the flip side, Roper Technologies is dragging the fund with bearish momentum and valuation concerns, and Ferguson PLC is facing mixed signals amid residential market challenges. Overall, the ETF’s U.S.-centric portfolio offers a thematic play on water resource management, blending stability with growth potential.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Ecolab | 7.88% | $169.18M | $76.12B | 15.85% | 66 Neutral | |
| Roper Technologies | 7.77% | $166.80M | $47.10B | -14.86% | 71 Outperform | |
| Waters | 7.42% | $159.30M | $23.78B | 6.00% | 70 Outperform | |
| Ferguson PLC | 7.27% | $156.16M | £32.31B | 22.64% | 65 Neutral | |
| American Water | 6.97% | $149.60M | $24.84B | 5.43% | 73 Outperform | |
| Core & Main | 4.55% | $97.63M | $10.41B | 7.66% | 71 Outperform | |
| IDEX | 4.24% | $90.98M | $13.51B | -11.52% | 75 Outperform | |
| Veralto Corporation | 4.01% | $86.10M | $24.91B | -0.25% | 76 Outperform | |
| Xylem | 3.99% | $85.79M | $33.95B | 21.55% | 79 Outperform | |
| Itron | 3.96% | $85.14M | $4.45B | -7.90% | 70 Outperform |
PHO Technical Analysis
Positive
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Price Trends
71.50
Positive
71.99
Positive
69.81
Positive
Market Momentum
0.02
Negative
56.01
Neutral
76.18
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For PHO, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 71.45, equal to the 50-day MA of 71.50, and equal to the 200-day MA of 69.81, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 56.01 is Neutral, neither overbought nor oversold. The STOCH value of 76.18 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PHO.
PHO Peer Comparison
Comparison Results
Performance Comparison
PHO
Invesco Water Resources ETF
72.35
8.20
12.78%
THRO
Ishares U.S. Thematic Rotation Active Etf
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FDN
First Trust Dow Jones Internet Index Fund
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JTEK
JPMorgan U.S. Tech Leaders ETF
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IFRA
iShares U.S. Infrastructure 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.
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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