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ETFs

Global X Funds Global X Clean Water ETF

AQWA
$--
Today’s Change
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Snapshot
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Inception Date
Apr 08 2021
Expense Ratio
0.50%
Type
Global Equities
Fund Owner
Global X
Volume (1m avg. daily)
$19,050
AUM
$8,369,400
Associated Index
Solactive Global Clean Water Industry Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

ECL
Ecolab, Inc.
9.13%
AWK
American Water Works Co. Inc.
7.92%
XYL
Xylem Inc
7.88%
FERG
Ferguson Plc.
7.44%
WTRG
Essential Utilities Inc
6.74%
SVT
SEVERN TRENT PLC
4.77%
AOS
A.O. Smith Corp.
4.72%
UU/
UNITED UTILITIES GROUP PLC
4.71%
PNR
Pentair plc
4.47%
AQUA
Evoqua Water Technologies Corp
3.67%
Invest with AQWA

What is AQWA?

The Global X Clean Water ETF (AQWA) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Clean Water Industry Index. The index is designed to track performance of companies that have business operations in the provision of clean water.

ETFs related toAQWA

ETFs correlated to AQWA include CGW, FIW, PHO

AQWA
Global X Funds - Global X Clean Water ETF
CGW
Invesco Capital Management LLC - Invesco S&P Global Water Index ETF
FIW
First Trust Exchange-Traded Fund III - First Trust Water ETF
PHO
Invesco Capital Management LLC - Invesco Water Resources ETF
FVD
First Trust Exchange-Traded Fund III - First Trust Value Line Dividend Index Fund
SDY
SPDR Series Trust - SPDR Dividend ETF
NFRA
FlexShares Trust - FlexShares STOXX Global Broad Infrastructure Index Fund
LGLV
SPDR Series Trust - SPDR SSGA US Large Cap Low Volatility Index ETF
AOR
BlackRock Institutional Trust Company N.A. - iShares Core Growth Allocation ETF
IFRA
BlackRock Institutional Trust Company N.A. - iShares U.S. Infrastructure ETF
GLOV
Goldman Sachs ETF Trust - Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

AQWA is a Global Equities ETF. The Global X Clean Water ETF (AQWA) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Clean Water Industry Index. The index is designed to track performance of companies that have business operations in the provision of clean water.

AQWA tracks the Solactive Global Clean Water Industry Index.

No, AQWA is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, AQWA is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on AQWA is 0.0082%. This is the percent change in the value of AQWA over the most recent 1-month period. The 3-month return on AQWA is 0.0383%. This is the percent change in the value of AQWA over the most recent 3-month period.

The standard deviation of AQWA for the past year is 0.2264%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to AQWA include IGF, PBW, and EFG.

ETFs correlated to AQWA include CGW, FIW, and PHO.

ETFs that are inversely correlated to AQWA include SH, SPXU, and SDS.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.