PIO - ETF AI Analysis
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Invesco Global Water ETF (PIO)
PIO, the Invesco Global Water ETF, has a solid overall rating driven mainly by strong, high-quality holdings like Pentair and Idexx Laboratories, which show robust financial performance and positive earnings outlooks. Other key positions such as Ecolab, Ferguson, Veolia, Waters, and Roper also add strength through good fundamentals, though concerns about high valuations and some bearish or cautious technical signals in several of these stocks slightly hold back the fund’s rating. The main risk factor is that many of its core holdings appear potentially overvalued or show weak technical momentum, which could increase volatility for investors.
PIO vs. SPDR S&P 500 ETF (SPY)
- AUM
- 269.50M
- Region
- Global
- Expense Ratio
- 0.75%
- Beta
- 0.76
- Issuer
- Invesco
- Inception Date
- Jun 13, 2007
- Dividend Yield
- 0.91%
- Asset Class
- Equity
- Index Tracked
- NASDAQ OMX Global Water
PIO Summary
The Invesco Global Water ETF (PIO) is a fund that follows the NASDAQ OMX Global Water Index and focuses on companies involved in the global water business, such as utilities, infrastructure, equipment, and technology. It holds well-known names like Ecolab and Veolia, which help treat, move, and manage clean water around the world. Investors might consider PIO if they want long-term growth from the rising demand for water and to diversify into an essential, environmentally focused theme. A key risk is that it is concentrated in water-related companies, so its price can rise and fall more than a broad market fund.
How much will it cost me?
PIO has an annual expense ratio of 0.75%, which means you’ll pay about $7.50 per year for every $1,000 invested. This cost is higher than the average ETF because it’s a specialized, thematically focused fund that requires more active management to track companies in the global water sector.
What would affect this ETF?
PIO could benefit from growing global demand for clean water, infrastructure upgrades, and supportive environmental policies that encourage investment in water utilities, equipment, and technology across both developed and emerging markets. On the downside, higher interest rates, economic slowdowns, or tighter regulations affecting major holdings like water utilities and industrial companies could weigh on profits and reduce investor appetite for this specialized global water ETF.
PIO Top 10 Holdings
PIO is tightly focused on the global water theme, with industrial and utility names doing most of the heavy lifting. Waters and Agilent have been rising steadily, giving the fund a helpful boost, while Ecolab and Veolia are more mixed, adding stability but not much spark. Pentair, on the other hand, has been clearly lagging and is dragging on overall returns. With key holdings spread across the U.S., Europe, Japan, and Brazil, the ETF offers a global mix, but its story is firmly anchored in companies tied to water infrastructure and treatment.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
 BR:SBSP3 | Companhia de Saneamento Basico do Estado de Sao Paulo SABESP | 8.27% | $22.27M | BRL 114.69B | 26.22% | ―― |
 ECL | Ecolab | 8.13% | $21.89M | $80.76B | 4.91% | 66Neutral |
 FERG | Ferguson Enterprises | 8.12% | $21.85M | $43.93B | -7.41% | 65Neutral |
 PNR | Pentair | 6.99% | $18.82M | $8.44B | -50.05% | 75Outperform |
 JP:6361 | Ebara | 6.97% | $18.75M | JPY 1.83T | -2.04% | 60Neutral |
 BR:CSMG3 | Companhia de Saneamento de Minas Gerais | 4.70% | $12.65M | BRL 23.89B | 77.76% | ―― |
 WAT | Waters | 4.41% | $11.87M | $44.95B | 27.55% | 70Outperform |
 IDXX | Idexx Laboratories | 3.97% | $10.70M | $43.95B | -12.25% | 78Outperform |
 FR:VIE | Veolia Environnement | 3.79% | $10.19M | EUR 23.44B | 8.23% | 71Outperform |
 ROP | Roper Technologies | 3.74% | $10.07M | $39.32B | -8.71% | 71Outperform |
PIO Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For PIO, the sentiment is Positive. The current price of 44.49 is above the 20-day moving average (MA) of 44.01, above the 50-day MA of 44.07, and below the 200-day MA of 44.84, indicating a neutral trend. The MACD of 0.18 indicates Negative momentum. The RSI at 57.91 is Neutral, neither overbought nor oversold. The STOCH value of 64.23 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PIO.
PIO Peer Comparison
Comparison Results
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| PIO | $44.50 | $47.00(5.63% Upside) | $269.50M | 0.75% | 60Neutral |
 BLOK | $53.65 | $95.37(77.77% Upside) | $967.77M | 0.70% | 58Neutral |
 GII | $73.63 | $81.85(11.16% Upside) | $945.36M | 0.40% | 62Neutral |
 IVES | $38.67 | $52.89(36.76% Upside) | $917.04M | 0.75% | 70Outperform |
 TAN | $41.07 | $60.24(46.67% Upside) | $897.22M | 0.70% | 58Neutral |
 ROBT | $57.37 | $74.84(30.45% Upside) | $758.83M | 0.65% | 62Neutral |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| PIO | Invesco Global Water ETF | 44.49 | -1.05 | -2.32% | |
| BLOK | Amplify Transformational Data Sharing Etf | 53.65 | -18.59 | -25.74% | |
| GII | SPDR S&P Global Infrastructure ETF | 73.63 | 4.88 | 7.10% | |
| IVES | Dan IVES Wedbush AI Revolution ETF | 38.67 | 4.06 | 11.74% | |
| TAN | Invesco Solar ETF | 41.07 | -7.84 | -16.03% | |
| ROBT | First Trust Nasdaq Artificial Intelligence & Robotics ETF | 57.37 | 0.80 | 1.42% |
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.