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PIO - ETF AI Analysis
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Invesco Global Water ETF (PIO)
Rating:63Neutral
Price Target:―
Positive Factors
Solid Recent Performance
The ETF has shown positive returns so far this year and over the past month, indicating generally supportive momentum in its holdings.
Global Diversification
Holdings spread across the U.S., Europe, and Asia help reduce reliance on any single country’s economy or market.
Strong Contributors Among Top Holdings
Some of the largest positions, such as Ferguson, Stantec, and Ecolab, have delivered strong year-to-date gains that support the fund’s overall performance.
Negative Factors
High Expense Ratio
The fund’s relatively high fee means more of the investment return is used to cover costs instead of staying with investors.
Sector Concentration in Industrials
A heavy tilt toward industrial companies makes the ETF more sensitive to economic cycles and downturns in that sector.
Mixed Performance Within Top Holdings
Several major positions, including Roper Technologies, Veolia, and Geberit, have shown weak year-to-date performance, which can drag on the fund’s results.
PIO vs. SPDR S&P 500 ETF (SPY)
AUM271.61M
RegionGlobal
Expense Ratio0.75%
Beta0.78
IssuerInvesco
Inception DateJun 13, 2007
Dividend Yield1.02%
Asset ClassEquity
Index TrackedNASDAQ OMX Global Water
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume22,155
30 Day Avg. Volume13,834
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
52.42Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering33
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
PIO Summary
The Invesco Global Water ETF (PIO) tracks the NASDAQ OMX Global Water index and focuses on companies involved in the global water industry, such as water treatment, infrastructure, and related technology. It holds well-known names like Pentair and Ecolab, giving investors exposure to businesses that help deliver, clean, and manage water around the world. Someone might invest in PIO to tap into long-term growth tied to rising water demand and to diversify beyond traditional broad market funds. A key risk is that it’s concentrated in the water sector, so its price can swing more than the overall market.
How much will it cost me?The Invesco Global Water ETF (PIO) has an expense ratio of 0.75%, which means you’ll pay $7.50 per year for every $1,000 invested. This is higher than average because the fund is actively managed and focuses on a specialized sector, requiring more research and management effort. It provides targeted exposure to companies addressing global water challenges.
What would affect this ETF?The Invesco Global Water ETF (PIO) could benefit from increasing global demand for water management solutions driven by population growth, urbanization, and climate change, as well as advancements in water-related technologies. However, it may face challenges from regulatory changes, rising interest rates that could impact infrastructure investments, or economic slowdowns that affect industrial and utility sectors, which make up a significant portion of its holdings.
PIO Top 10 Holdings
PIO is very much a pure-play water story, with industrial names doing most of the heavy lifting. Japan’s Ebara has been rising and looks like one of the main engines for recent gains, while Veolia and Ecolab are also pulling their weight with steady-to-strong momentum. Ferguson and Geberit are more in cruise control, contributing without much drama. On the flip side, Roper Technologies and Stantec have been lagging, acting as a bit of a brake. With holdings spread across the U.S., Europe, and Japan, this is a truly global bet on water infrastructure and services.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Ebara | 10.03% | $27.22M | ¥2.38T | 170.54% | 60 Neutral | |
| ― | 8.59% | $23.29M | ― | ― | ― | |
| Ferguson PLC | 7.46% | $20.23M | £33.64B | 40.63% | 65 Neutral | |
| Pentair | 7.00% | $18.98M | $14.83B | 6.23% | 75 Outperform | |
| Roper Technologies | 6.40% | $17.35M | $36.26B | -37.81% | 71 Outperform | |
| Veolia Environnement | 4.53% | $12.30M | €24.06B | 8.25% | 71 Outperform | |
| Ecolab | 4.08% | $11.07M | $78.11B | 8.55% | 66 Neutral | |
| Stantec | 3.83% | $10.38M | $10.43B | 11.30% | 70 Outperform | |
| American Water | 3.76% | $10.21M | $26.22B | -4.63% | 73 Outperform | |
| Geberit AG | 3.76% | $10.19M | CHF17.86B | -2.29% | 66 Neutral |
PIO Technical Analysis
Negative
―
Price Trends
46.60
Negative
45.71
Negative
45.03
Negative
Market Momentum
-0.48
Positive
32.48
Neutral
26.50
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For PIO, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 47.21, equal to the 50-day MA of 46.60, and equal to the 200-day MA of 45.03, indicating a bearish trend. The MACD of -0.48 indicates Positive momentum. The RSI at 32.48 is Neutral, neither overbought nor oversold. The STOCH value of 26.50 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for PIO.
PIO Peer Comparison
Comparison Results
Performance Comparison
PIO
Invesco Global Water ETF
44.06
3.80
9.44%
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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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