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PIO vs CTEC

Invesco Global Water ETF vs Global X ClimateTech ETF

PIO

Invesco Global Water ETF

Invesco

Annual cost

0.75%

Fund size

$281M

CTEC

Global X ClimateTech ETF

Global X Funds

Annual cost

0.50%

Fund size

$30M

Key differences

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

Side-by-side comparison

PIOCTEC
Annual cost (TER)0.75%0.50%
Fund size (AUM)$281M$30M
Since20072020
Dividend yield0.97%0.59%
Asset classequityequity
Regionglobal
Strategyindex trackingindex tracking
CAGR 1Y+4.3%+131.2%
CAGR 3Y+8.8%+2.6%
CAGR 5Y+3.8%-2.8%
Sharpe 3Y0.390.15
Volatility 1Y14.70%34.90%
Max drawdown-35.76%-81.58%

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

Similar to PIO and CTEC