PHO
Invesco Water Resources ETF
📎 Investment Objective
The Invesco Water Resources ETF (PHO) seeks to track the performance of the NASDAQ OMX US Water Index, which is designed to provide exposure to the U.S. water industry.
Overview
ETF tracking Invesco Water Resources ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Invesco Water Resources ETF (PHO) seeks to track the performance of the NASDAQ OMX US Water Index, which is designed to provide exposure to the U.S. water industry.
🎯 Investment Strategy
The ETF invests at least 90% of its total assets in the securities that comprise the underlying index. The index is composed of companies that create products designed to conserve and purify water for homes, businesses and industries.
✨ Key Features
- Provides exposure to companies involved in water infrastructure, treatment, and conservation
- Diversified portfolio across water-related industries such as utilities, engineering, and equipment manufacturing
- Low expense ratio of 0.00%
- Tracks the NASDAQ OMX US Water Index
⚠️ Primary Risks
- Concentration risk as the fund is focused on a specific industry sector
- Potential volatility due to the specialized nature of the water industry
- Liquidity risk as the fund may have limited trading volume
- Tracking error risk as the fund may not perfectly replicate the performance of the underlying index
👤 Best For
This ETF may be suitable for long-term investors seeking exposure to the water industry and who have a higher risk tolerance. It could be used as a thematic or sector-specific allocation within a diversified portfolio.
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