Invesco Water Resources ETF

Invesco Exchange-Traded Fund Trust · 1 share class

U.S. equity index ETF
One fund, 1 share class:PHO
$2.09B NAV
39 positions · as of 2026-04-30 · filed 2026-06-26

Fund classification

Classified from what the fund holds · as of 2026 Q2

Invesco Water Resources ETF is a U.S. equity index ETF that tracks the Nasdaq OMX US Water Index. 2% of PHO’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 98% of the fund’s equity).

Asset class
Equity
Region
United States
Management
Index (passive)
Fund type
ETF
Features
Non-diversified

Fund profile

As filed in the prospectus · 2025 Q3

The Invesco Water Resources ETF (the Fund) seeks to track the investment results (before fees and expenses) of the Nasdaq OMX US Water TM Index (the Underlying Index).

Strategy · summarised

The fund tracks the Nasdaq OMX US Water Index through full replication, holding all constituents in their index weights; the index comprises companies listed on major U.S. exchanges that create products designed to conserve and purify water for homes, businesses and industries. Because the fund is non-diversified, it is not required to meet certain diversification requirements under the Investment Company Act of 1940. The fund will concentrate its investments in any industry or group of industries only to the extent the index itself does.

Expenses
0.59%one share class
Share classExpense ratio
PHO0.59%

Portfolio turnover 25.00% · as of 2025 Q3

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

104.40%
of net assets
Stocks99.98%
Cash & short-term4.42%

Sector allocation

The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2

100%
of net assets
Industrials53.0%
Information Technology12.5%
Utilities12.2%
Health Care7.8%
3 smaller14.4%

Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).

Portfolio growth profile

How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2

Revenue growth
2%of stock holdings in top-quartile growers
covering 98% of the fund’s equity
Earnings growth
16%of stock holdings in top-quartile growers
covering 93% of the fund’s equity

Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 0 new0 exited

Return profile

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

1-year
+5.65%
3-year
+32.78%
5-year
+34.99%
Volatility
12.03%
Worst 3-yr fall
-12.13%
Cumulative return· May 2023 – Apr 2026

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
Ferguson Enterprises Inc.FERG8.68%$180.97M
Roper Technologies, Inc.ROP8.57%$178.83M
Waters Corp.WAT8.18%$170.67M
Ecolab Inc.ECL7.14%$148.97M
American Water Works Co., Inc.AWK6.95%$145.00M
IDEX Corp.IEX4.39%$91.66M
Mueller Industries, Inc.MLI4.37%$91.11M
Core & Main, Inc.CNM3.93%$81.97M
Xylem Inc.XYL3.85%$80.38M
Veralto Corp.VLTO3.83%$79.78M
Showing 10 of 39Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.

Top 10 positions are 59.90% of net assets, top 25 97.35%, across 39 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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