PIO - ETF AI Analysis
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Invesco Global Water ETF (PIO)
Rating:61Neutral
Price Target:―
Positive Factors
Solid Recent Performance
The ETF has shown strong gains so far this year and over the past month, indicating positive recent momentum.
Global Diversification
Holdings spread across the U.S., Europe, and Asia help reduce the impact of weakness in any single country.
Exposure to Water-Related Industrials
A large allocation to industrial companies tied to water infrastructure and services offers focused exposure to a long-term global theme.
Negative Factors
High Expense Ratio
The fund’s relatively high annual fee means more of the return is eaten up by costs compared with many other ETFs.
Concentration in Top Holdings and Sector
A significant share of assets is in a handful of stocks and heavily tilted toward industrials, increasing the impact if these areas struggle.
Mixed Performance Among Key Stocks
Several major holdings have shown weak or negative performance this year, which can drag on overall fund returns despite some strong names.
PIO vs. SPDR S&P 500 ETF (SPY)
AUM278.92M
RegionGlobal
Expense Ratio0.75%
Beta0.78
IssuerInvesco
Inception DateJun 13, 2007
Dividend Yield0.99%
Asset ClassEquity
Index TrackedNASDAQ OMX Global Water
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume9,551
30 Day Avg. Volume13,011
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
51.73Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering35
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 utilities, infrastructure, equipment, and water technology. It holds well-known names like Ecolab and American Water, giving investors exposure to businesses that help treat, move, 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 across many water-related companies. A key risk is that it’s concentrated in one theme, so its price can swing more than the broader stock 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 and utility names doing most of the heavy lifting across the U.S., Europe, and Japan. Veolia and Ferguson have been rising nicely, giving the fund a solid global backbone, while Japan’s Ebara has also been a bright spot. On the flip side, heavyweights Roper Technologies and Pentair have seen more mixed, recently lagging action, and Waters and Stantec have been losing a bit of steam. Overall, performance is being driven by a handful of globally diversified water infrastructure and services leaders.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| ― | 9.26% | $25.60M | ― | ― | ― | |
| Roper Technologies | 8.61% | $23.80M | $35.85B | -37.80% | 71 Outperform | |
| Ebara | 7.91% | $21.88M | ¥2.40T | 140.08% | 60 Neutral | |
| Ecolab | 7.03% | $19.42M | $72.18B | 0.19% | 66 Neutral | |
| Pentair | 6.58% | $18.20M | $12.46B | -17.15% | 75 Outperform | |
| Ferguson PLC | 4.24% | $11.71M | £37.48B | 50.58% | 65 Neutral | |
| Veolia Environnement | 4.11% | $11.37M | €25.81B | 9.34% | 71 Outperform | |
| Waters | 4.00% | $11.06M | $29.63B | -13.35% | 70 Outperform | |
| Stantec | 3.93% | $10.86M | $10.38B | -0.78% | 70 Outperform | |
| Halma plc | 3.49% | $9.65M | £17.10B | 59.51% | 78 Outperform |
PIO Technical Analysis
Positive
―
Price Trends
45.25
Positive
45.60
Positive
45.20
Positive
Market Momentum
0.19
Positive
52.59
Neutral
45.88
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For PIO, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 46.09, equal to the 50-day MA of 45.25, and equal to the 200-day MA of 45.20, indicating a neutral trend. The MACD of 0.19 indicates Positive momentum. The RSI at 52.59 is Neutral, neither overbought nor oversold. The STOCH value of 45.88 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PIO.
PIO Peer Comparison
Comparison Results
Performance Comparison
PIO
Invesco Global Water ETF
45.91
4.31
10.36%
IVES
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GII
SPDR S&P Global Infrastructure ETF
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BKGI
BNY Mellon Global Infrastructure Income ETF
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BUG
Global X Cybersecurity Etf
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MGNR
American Beacon GLG Natural Resources 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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