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PHO - ETF AI Analysis
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Invesco Water Resources ETF (PHO)
Rating:72Outperform
Price Target:―
Positive Factors
Strong Leading Holdings
Several of the largest positions, such as Ferguson, Core & Main, and IDEX, have shown strong year-to-date gains, helping support the fund’s overall performance.
Focused Water Theme with Industry Diversification
The ETF targets the water industry while spreading its investments across industrials, utilities, technology, materials, and health care, which helps reduce reliance on any single sector within the theme.
Solid Asset Base
With a large amount of money invested in the fund, it benefits from good liquidity and appears to have strong investor interest.
Negative Factors
High Expense Ratio
The fund’s fee is relatively high for an ETF, which can slowly eat into long-term returns compared with lower-cost options.
Concentration in Top Positions
A meaningful share of the portfolio is tied up in a small group of companies, so weakness in any of these names could noticeably impact the fund.
Heavy U.S. Exposure
With the vast majority of its holdings in U.S. companies, the ETF is heavily tied to the health of the U.S. market and offers limited geographic diversification.
PHO vs. SPDR S&P 500 ETF (SPY)
AUM2.19B
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. Volume58,361
30 Day Avg. Volume57,385
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
80.95Price 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 a fund that follows the NASDAQ OMX US Water index and focuses on companies tied to the water industry. It holds businesses involved in water treatment, pipes, pumps, and related technology, mainly in the United States. Well-known holdings include Ecolab and American Water. Someone might invest in PHO to tap into long-term growth from rising global demand for clean and reliable water, while spreading risk across many water-focused companies. A key risk is that it’s concentrated in one sector, so it can rise or fall sharply with changes in the water and infrastructure industries.
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 a pure play on U.S. water infrastructure, with an industrial tilt that really sets the tone. Ecolab and Ferguson are doing much of the heavy lifting, with both stocks rising lately and helping keep the fund’s momentum afloat. Waters and IDEX are also in the plus column, adding steady support. On the flip side, Roper Technologies has been lagging and acts like a small anchor on returns, while American Water has been more or less treading water. Overall, it’s a concentrated bet on water-focused industrials, not broad tech or global markets.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Ecolab | 8.18% | $174.93M | $80.46B | 13.98% | 66 Neutral | |
| Ferguson PLC | 8.00% | $171.06M | £35.65B | 25.36% | 65 Neutral | |
| Waters | 7.22% | $154.37M | $23.23B | -4.74% | 70 Outperform | |
| American Water | 6.87% | $146.78M | $25.48B | 2.25% | 73 Outperform | |
| Roper Technologies | 6.46% | $138.11M | $39.75B | -33.64% | 71 Outperform | |
| Core & Main | 4.57% | $97.64M | $10.77B | -2.32% | 71 Outperform | |
| IDEX | 4.52% | $96.56M | $14.58B | -10.27% | 75 Outperform | |
| Itron | 4.01% | $85.66M | $4.53B | -6.32% | 70 Outperform | |
| Pentair | 4.00% | $85.46M | $17.61B | 3.46% | 75 Outperform | |
| Advanced Drainage Systems | 3.97% | $84.85M | $11.90B | 23.11% | 74 Outperform |
PHO Technical Analysis
Neutral
―
Price Trends
71.91
Positive
72.08
Positive
70.51
Positive
Market Momentum
0.46
Positive
46.75
Neutral
36.73
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For PHO, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 72.76, equal to the 50-day MA of 71.91, and equal to the 200-day MA of 70.51, indicating a neutral trend. The MACD of 0.46 indicates Positive momentum. The RSI at 46.75 is Neutral, neither overbought nor oversold. The STOCH value of 36.73 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for PHO.
PHO Peer Comparison
Comparison Results
Performance Comparison
PHO
Invesco Water Resources ETF
72.22
4.12
6.05%
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.
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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