PIO - ETF AI Analysis
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Invesco Global Water ETF (PIO)
Rating:62Neutral
Price Target:―
Positive Factors
Global Water Focus
The fund gives investors targeted exposure to companies involved in the global water industry, which can benefit from long-term demand for water infrastructure and services.
Geographic Diversification
Holdings spread across the U.S., Europe, Asia, and emerging markets help reduce the impact of problems in any single country.
Several Strong Individual Holdings
Some of the larger positions, such as Ebara, Veolia, and SABESP, have shown strong recent performance, helping offset weaker names in the portfolio.
Negative Factors
High Expense Ratio
The fund’s relatively high annual fee means more of the investment return goes to costs instead of staying in investors’ pockets.
Recent Weak Performance
The ETF has delivered negative returns over the past month, three months, and year to date, which may concern investors looking for near-term strength.
Concentration in a Few Names and Sectors
A small group of industrial and general-sector stocks makes up a large share of the portfolio, and several top holdings like Roper Technologies, Pentair, Geberit, and Idexx have been weak, increasing the risk if these companies continue to struggle.
PIO vs. SPDR S&P 500 ETF (SPY)
AUM270.79M
RegionGlobal
Expense Ratio0.75%
Beta0.78
IssuerInvesco
Inception DateJun 13, 2007
Dividend Yield0.91%
Asset ClassEquity
Index TrackedNASDAQ OMX Global Water
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume5,928
30 Day Avg. Volume6,011
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
51.86Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering38
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
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?The Invesco Global Water ETF (PIO) has an expense ratio of 0.75%, which means you’ll pay $7.50 per year for every $1,000 invested. This is higher than average because the fund is actively managed and focuses on a specialized sector, requiring more research and management effort. It provides targeted exposure to companies addressing global water challenges.
What would affect this ETF?The Invesco Global Water ETF (PIO) could benefit from increasing global demand for water management solutions driven by population growth, urbanization, and climate change, as well as advancements in water-related technologies. However, it may face challenges from regulatory changes, rising interest rates that could impact infrastructure investments, or economic slowdowns that affect industrial and utility sectors, which make up a significant portion of its holdings.
PIO Top 10 Holdings
PIO is a pure play on the global water story, with performance largely steered by industrial and equipment names. Ecolab and Waters have been rising steadily, giving the fund a helpful lift, while Roper adds more strength despite some choppiness under the surface. On the other side, Pentair is clearly lagging, and Brazil’s SABESP has been dragging the fund, offsetting some of the gains. With holdings spread across the U.S., Europe, Japan, and Brazil, this is a globally diversified bet on water infrastructure and technology rather than a single-country or Big Tech play.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Roper Technologies | 9.89% | $26.72M | $40.28B | -21.44% | 71 Outperform | |
| Ecolab | 8.63% | $23.30M | $78.29B | 2.09% | 66 Neutral | |
| Pentair | 6.72% | $18.15M | $9.61B | -45.58% | 75 Outperform | |
| Companhia de Saneamento Basico do Estado de Sao Paulo SABESP | 6.29% | $16.99M | R$93.51B | 9.56% | ― | |
| Ebara | 5.54% | $14.96M | ¥2.03T | 137.50% | 60 Neutral | |
| Waters | 4.22% | $11.40M | $40.22B | 33.64% | 70 Outperform | |
| Geberit AG | 4.19% | $11.32M | CHF17.53B | -5.82% | 66 Neutral | |
| Ferguson Enterprises | 4.00% | $10.79M | $44.19B | -4.17% | 65 Neutral | |
| Idexx Laboratories | 3.76% | $10.14M | $42.18B | -16.74% | 78 Outperform | |
| Veolia Environnement | 3.61% | $9.76M | €23.35B | 12.60% | 71 Outperform |
PIO Technical Analysis
Negative
―
Price Trends
44.96
Negative
44.76
Negative
44.90
Negative
Market Momentum
-0.20
Positive
42.33
Neutral
12.55
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For PIO, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 44.92, equal to the 50-day MA of 44.96, and equal to the 200-day MA of 44.90, indicating a bearish trend. The MACD of -0.20 indicates Positive momentum. The RSI at 42.33 is Neutral, neither overbought nor oversold. The STOCH value of 12.55 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for PIO.
PIO Peer Comparison
Comparison Results
Performance Comparison
PIO
Invesco Global Water ETF
44.25
0.15
0.34%
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SPDR S&P Global Infrastructure ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis 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.Date of analysis: ―
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