Canadian Water ETFs
Exchange-traded funds (ETFs) invest in companies in the treatment and purification of water and its distribution. As a critical commodity, water ETFs are often used as defensive positions in a portfolio. But as water scarcity becomes a growing threat, it can be a crucial attacking game.
Key takeaways Water ETFs have performed better than the broader market over the past year. However, compared to other types of ETFs, the water ETF universe is relatively small, comprising only four funds traded in the US (excluding inverse leveraged ETFs and ETFs with assets of less than $50 million). Leading players Among the water ETFs are Pentair plc, American Water Works Company Inc. and Roper Technologies Inc.
The fund tracks the S ‘P Global Water Index, composed of 49 water stocks, most of which are utilities, industrial and information technology companies. In addition, the Water ETF represents the Nasdaq OMX US Water Index of 34 water stocks (most medium to large US stocks ). With assets under management of $981.5 million, PHO is the largest water ETF on the market.
Open-ended investment funds and exchange-traded funds are taken into account for population comparison. The list of water ETFs traded in the US is tagged with the ETF database. Asset Management CGW tracks the ISE Clean Edge Water Index, a modified index of the market capitalization of the 34 largest publicly-traded companies in the drinking water industry.
This table contains expense data and other descriptive information about the US-listed water ETFs tracked by the ETF Database. Includes historical returns data for the ETFs. Total cash flow (capital inflows into the ETF minus capital outflows from the ETF) for a specified period.
Investing in a water ETF is a convenient way to access the water industry through these funds. A typical water ETF invests in water utilities involved in water treatment, sewerage, pipeline construction and related equipment. Find out which fund is right for you in Best Water ETFs 2020.
Finding the reasons for the strong performance of water ETFs is complicated by the diversity of the funds themselves, she said. Water is not an asset class per se but has several asset classes, including staples, consumer goods, infrastructure, information technology, utilities, healthcare, and industry. For example, two of the companies involved in the five water ETFs traded in North America are Xylem Inc. and Danaher Corp. Xylems is classified as an industrial stock because it makes water treatment plants.
The information and opinions contained on this website constitute a solicitation of an offer by BlackRock or its affiliates to buy or sell any securities, futures options or other financial instruments, and no such securities may be offered or sold to anyone in any jurisdiction in which such offer, solicitation or sale would be unlawful under the securities laws of that jurisdiction. Nothing in this website constitutes legal, tax, accounting, regulatory, financial, insurance or investment advice. The tax information on this website is not exhaustive and does not constitute legal or tax advice.
Decisions based on the information contained on this website are the sole responsibility of the visitor. As a user, you may not sell, copy, publish, promote, distribute, transmit, modify, display, reproduce or create derivative works of the information or software found on this website. This website is for your personal, internal use only and may not be used for commercial purposes and is not for profit if you are a financial adviser seeking information about ISHARE products for your customers.
You acknowledge that you are not authorized to use the contents of this website in any other way. For example, you are not permitted to distribute pages, texts, pictures or contents of this website with a frame or similar technology. In addition, users of the BlackRock iShares product are required to notify Baul by e-mail of any information they may have access to on this website that could cause them to violate any applicable law or regulation.
BlackRock may terminate your access to this website for any reason without prior notice. This site is intended only for informational purposes and cannot be used as a forecast, research or investment advice. Any person or entity accessing this website on its initiative is responsible for compliance with all applicable local laws and regulations.
Check Out Other ETFs in Canada:
|Vix ETF canada|
|Canadian marijuana ETFs|
|Currency ETFs Canada|
|Canadian utilities ETF list|
|Canada energy ETF|
|blockchain technology ETF canada|
|actively managed emerging market ETF|