CGWInvesco S&P Global Water Index ETF
CGW Fund Description
CGW tracks a market-cap-weighted index of global water utilities, infrastructure and water equipment & materials companies.
CGW Factset Analytics Insight
CGW offers comprehensive coverage of the global water segment in an efficient wrapper. The fund starts with all eligible securities from the S&P Global BMI Index that are classified in either water equipment & materials or water utilities & infrastructure cluster. To identify industry relevance, each company from both clusters will be assigned an exposure score based on its business description and most recent reported revenue. The 25 largest companies with an exposure score of 1 from each cluster will be selected for inclusion. However, if fewer than 25 companies have an exposure score of 1, the fund will select the largest companies with a 0.5 exposure score until the portfolio contains a total of 25 constituents for each cluster. Stocks are weighted by market-cap within each bucket and are constrained, such that securities with an exposure score of 1 are capped at 10% and those with 0.5 exposure score are capped at 5%. Index rebalancing occurs semi-annually.
CGW MSCI ESG Analytics Insight
Invesco S&P Global Water Index ETF has an MSCI ESG Fund Rating of AAA based on a score of 8.88 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. Invesco S&P Global Water Index ETF ranks in the 90th percentile within its peer group and in the 0th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
CGW MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
CGW Summary Data
CGW Portfolio Data
CGW Index Data
CGW Portfolio Management
CGW Tax Exposures
CGW Fund Structure
CGW Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of CGW. CGW is rated a 5 out of 5.
CGW Sector/Industry Breakdown
CGW Economic Development
CGW Performance Statistics
CGW MSCI ESG Ratings
CGW Benchmark Comparison Summary
CGW Benchmark Comparison Market Cap Size