PHOInvesco Water Resources ETF
PHO Fund Description
The Invesco Water Resource Portfolio tracks a modified liquidity-weighted index of US-listed companies that create products to conserve and purify water.
PHO Factset Analytics Insight
Despite its narrow geographic focus (the fund only holds US listings), PHO is the most popular water-themed fund on the market, and also the most liquid. As one would expect, its US-centric, modified liquidity-weighted basket looks very different from our global benchmark. PHO tilts small, and makes a few sector bets, chief among them a bias to industrials and an underweight to utilities. Investors who want US-only exposure in this segment will be well-served, but those who don't should look elsewhere. The fund trades in decent volumes, and spreads are small. Underlying liquidity is excellent. PHO charges a reasonable fee for a niche fund, and tracking is pretty tight.
PHO MSCI ESG Analytics Insight
The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of June 21, 2018 the Invesco Water Resources ETF MSCI ESG Fund Quality Score is 5.14 out of 10.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. PHO ranks in the 75th percentile within its peer group and in the 40th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.
PHO CHARTS AND PERFORMANCE
PHO Top 10 Countries
PHO Top 10 Sectors
PHO Top 10 Holdings [View All]
PHO Summary Data
PHO Portfolio Data
PHO Index Data
PHO Portfolio Management
PHO Tax Exposures
PHO Fund Structure
PHO Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of PHO. PHO is rated a 5 out of 5.
PHO Sector/Industry Breakdown
PHO TOP 10 HOLDINGS[View All]
PHO Economic Development
PHO Performance Statistics
PHO MSCI ESG Ratings
PHO BENCHMARK COMPARISON SUMMARY
PHO BENCHMARK COMPARISON MARKET CAP SIZE
Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.