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PIO vs AQWA

Invesco Global Water ETF vs Global X Clean Water ETF

PIO

Invesco Global Water ETF

Invesco

Annual cost

0.75%

Fund size

$281M

AQWA

Global X Clean Water ETF

Global X Funds

Annual cost

0.50%

Fund size

$26M

Key differences

  • AQWA costs 0.25% less per year.
  • PIO is significantly larger than AQWA — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, AQWA has delivered higher annualized returns.
  • PIO has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PIOAQWA
Annual cost (TER)0.75%0.50%
Fund size (AUM)$281M$26M
Since20072021
Dividend yield0.97%1.41%
Asset classequityequity
Regionglobal
Strategyindex trackingindex tracking
CAGR 1Y+4.3%+4.4%
CAGR 3Y+8.8%+9.9%
CAGR 5Y+3.8%+5.4%
Sharpe 3Y0.390.47
Volatility 1Y14.70%14.42%
Max drawdown-35.76%-29.44%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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