PIO
Invesco Global Water ETF
📎 Investment Objective
The Invesco Global Water ETF (PIO) seeks to track the performance of the NASDAQ OMX Global Water Index, which is designed to provide exposure to companies involved in the water industry, including water utilities, infrastructure, equipment, instruments, and materials.
Overview
ETF tracking Invesco Global Water ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Invesco Global Water ETF (PIO) seeks to track the performance of the NASDAQ OMX Global Water Index, which is designed to provide exposure to companies involved in the water industry, including water utilities, infrastructure, equipment, instruments, and materials.
🎯 Investment Strategy
The ETF invests at least 90% of its total assets in the securities that comprise the underlying index. The index includes companies that create products designed to conserve and purify water for homes, businesses, and industries.
✨ Key Features
- Provides exposure to a diversified portfolio of global water-related companies
- Tracks an index focused on the water industry, including utilities, infrastructure, and equipment
- Low expense ratio of 0.00%
- Suitable for investors seeking exposure to the water industry and sustainability trends
⚠️ Primary Risks
- Concentration risk as the fund is focused on a specific industry
- Exposure to international markets and currencies, which can be volatile
- Liquidity risk due to the relatively small asset size of the fund
- Potential for underperformance compared to the broader market
👤 Best For
This ETF may be suitable for investors with a long-term investment horizon who are looking to gain exposure to the global water industry and trends related to water conservation, purification, and infrastructure. It may be appropriate as a satellite holding in a diversified portfolio.
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