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ETFs

Invesco S&P Global Water Index ETF

CGW
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
May 14 2007
Expense Ratio
0.57%
Type
Global Equities
Fund Owner
Invesco
Volume (1m avg. daily)
$1,879,393
AUM
$903,695,290
Associated Index
S&P Global Water Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

AWK
American Water Works Co. Inc.
7.93%
XYL
Xylem Inc
7.11%
UU.
United Utilities Group PLC - Ordinary Shares - Class A
6.76%
SVT
Severn Trent plc
6.21%
WTRG
Essential Utilities Inc
5.39%
WMS
Advanced Drainage Systems Inc
4.35%
VIE
Veolia Environnement S.A.
4.10%
ECL
Ecolab, Inc.
4.02%
GEBN
Geberit AG
4.02%
SBS
Companhia de Saneamento Basico do Estado de Sao Paulo. - ADR
3.48%
Invest with CGW

What is CGW?

The Invesco S&P Global Water Index ETF (Fund) is based on the S&P Global Water Index (Index). The Fund will invest at least 90% of its total assets in stock and American depositary receipts (ADRs) that comprise the Index. The Index is comprised of developed market securities including water utilities, infrastructure, equipment, instruments and materials. The index is computed using the net return, which withholds applicable taxes for non-resident investors. The Fund and the Index are rebalanced semiannually.

ETFs related toCGW

ETFs correlated to CGW include FIW, PHO, GLOV

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
GLOV
Goldman Sachs ETF Trust - Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF
TPLC
Timothy Plan - Timothy Plan US Large/Mid Cap Core ETF
FVD
First Trust Exchange-Traded Fund III - First Trust Value Line Dividend Index Fund
AOA
BlackRock Institutional Trust Company N.A. - iShares Core Aggressive Allocation ETF
RSP
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight ETF
NOBL
ProShares Trust - ProShares S&P 500 Dividend Aristocrats ETF
NFRA
FlexShares Trust - FlexShares STOXX Global Broad Infrastructure Index Fund
LGLV
SPDR Series Trust - SPDR SSGA US Large Cap Low Volatility Index 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

CGW is a Global Equities ETF. The Invesco S&P Global Water Index ETF (Fund) is based on the S&P Global Water Index (Index). The Fund will invest at least 90% of its total assets in stock and American depositary receipts (ADRs) that comprise the Index. The Index is comprised of developed market securities including water utilities, infrastructure, equipment, instruments and materials. The index is computed using the net return, which withholds applicable taxes for non-resident investors. The Fund and the Index are rebalanced semiannually.

CGW tracks the S&P Global Water Index.

No, CGW 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, CGW 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 CGW is -0.0375%. This is the percent change in the value of CGW over the most recent 1-month period. The 3-month return on CGW is -0.0618%. This is the percent change in the value of CGW over the most recent 3-month period.

The standard deviation of CGW for the past year is 0.1941%. 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 CGW include PBW, IGF, and ARKK.

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

ETFs that are inversely correlated to CGW include SPXU, SPXS, 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.