AQWAGlobal X Clean Water ETF
AQWA Fund Description
AQWA tracks a market-cap-weighted index of global companies that are efficient in treating, purifying, and managing water.
AQWA Factset Analytics Insight
AQWA provides exposure to the global water industry by investing in companies of all capitalization that derive at least 50% of their revenue from either water infrastructure or water equipment and/or services. The fund commences by screening public information using a proprietary natural language processing algorithm to identify firms that are defined as “clean water companies” and are involved in the treatment, purification, conservation and management of water. Eligible securities must then meet minimum ESG requirements as defined by the UN Global Compact principles to be included in the index. The 40 highest ranking companies are then weighted by market-cap with individual security weight capped at 8% and the aggregate weight of companies with equal to or above 4.5% weight is capped at 40%. The index is reconstituted and rebalanced semi-annually.
AQWA MSCI ESG Analytics Insight
Global X Clean Water ETF has an MSCI ESG Fund Rating of AAA based on a score of 9.37 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
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. Global X Clean Water ETF ranks in the 99th percentile within its peer group and in the 0th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
AQWA Summary Data
AQWA Portfolio Data
AQWA Index Data
AQWA Portfolio Management
AQWA Tax Exposures
AQWA Fund Structure
AQWA Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of AQWA. AQWA is rated a 4 out of 5.
AQWA Sector/Industry Breakdown
AQWA Economic Development
AQWA Performance Statistics
AQWA MSCI ESG Ratings
AQWA Benchmark Comparison Summary
AQWA 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.