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›ETF Providers›Invesco›PIO

PIO ETF · Invesco Global Water ETF

The Invesco Global Water ETF (NASDAQ: PIO) is an investment fund specifically designed to offer exposure to the global water industry. This ETF aims to replicate as closely as possible, before fees and expenses, the performance of the NASDAQ OMX Global Water Index. The index seeks to track the performance of globally listed companies that focus on the provision of potable water, the treatment of water, and the technology and services directly associated with water consumption including irrigation equipment. The portfolio holdings consist predominantly of equities from across the world. The allocation spans different market sectors which majorly include Utilities, Industrials, and Technology along with minor allocations in Materials, Energy, and others. The geographical distribution is largely towards North America followed by Europe and a minimal portion is set in Asia-Pacific and other regions. Investors interested in participating in environmental sustainability initiatives or those who predict a substantial growth in global water demand might consider this ETF for their portfolio. Given its index methodology and its concentration on a niche sector, potential investors should conduct thorough research to understand all associated risks. Please note that any decision to invest should be made based on individual financial circumstances and investment goals. It may also be beneficial to seek advice from a professional financial advisor prior to making any investments. This information is subject to change and does not constitute investment advice or any form of endorsement or recommendation. Please note that past performance is not representative of future results.

Last update Today at 5:01 PM UTC
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This fund is part ofNatural Resources1M perf.+0.15%
Last price
$43.66
+0.32%
1M perf.
-9.06%
1M flows
-€6M
AuM
€231M
E/R
0.75%
Rating
ESG Consensus®
esg grade icon
PIO
$43.66
+0.32%

Performance & flows

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December 15, 2025 → March 13, 2026
005101520%JANFEBMAR
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PIO
$43.56
-1.86%
Natural Resources
+15.03%

Historic performance and flows

1M3M1Y3Y5YMTDQTDYTD
Perf.
-9.06%
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-1.86%
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+9.97%
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+32.79%
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+28.46%
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-9.82%
-1.35%
-1.35%
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Flows

Key fund info

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This ETF's jurisdiction country is not in your region (Europe and Middle East) Â· 
Main characteristics
Issuer
CUSIP
46138E651
ISIN
US46138E6510
AuM
€231M
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E/R
0.75%
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Replication rating
icon
ESG Consensus®
esg grade icon
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More details
NAV
3/13/2026
$43.56
1D NAV change
-0.87%
Dividend policy
Replication method
Direct (Physical)
Replication model
Full replication
No. of holdings
36
Inception date
6/13/2007
Jurisdiction
United States
Distribution
Sweden (Qualified Investor)
Finland (Qualified Investor)
United Kingdom (Qualified Investor)
Netherlands (Qualified Investor)
United States
Legal structure
Open-end Fund
Base currency
USD
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
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Classification
Product type
Asset class
Factors
N/A
Investment strategy
The Invesco Global Water ETF (Fund) is based on the NASDAQ OMX Global Water Index. The Fund generally will invest at least 90% of its total assets in companies listed on a global exchange that create products designed to conserve and purify water for homes, businesses and industries. The Fund and the Index are rebalanced quarterly and reconstituted annually in April.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Risk profile

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Historical risk/return profile

3M1Y3Y5Y
Returns
-1.86%
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+9.97%
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+32.79%
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+28.46%
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Volatility
Perf./Volatility
Max drawdown
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
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Exposure

Countries
USA
38.50%
Japan
15.71%
Switzerland
9.71%
Ireland
7.89%
Brazil
7.53%
United Kingdom
6.92%
France
4.13%
Canada
4.00%
India
2.03%
Other
3.58%
Sectors
Industrials
50.47%
Utilities
19.89%
Information Technology
9.93%
Materials
3.96%
Health Care
3.60%
Consumer Discretionary
1.23%
Unavailable
10.92%
Diversification
Total weight of top 15 holdings out of 36
Top 15 holdings
Data as of January 31, 2026
EBARA
PENTAIR PLC
US31488V1070
COMPANHIA DE SANEAMENTO BASICO
ROPER TECHNOLOGIES INC
VEOLIA ENVIRONNEMENT VE
STANTEC
ECOLAB
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GEBERIT
WATERS
AMERICAN WATER WORKS
BELIMO
XYLEM
HALMA PLC
CORE & MAIN
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Sustainability

Integrates ESG criteria
Yes
SDG

ESG Consensus® by Conser

Data as of December 31, 2025
Methodology

Our partner Conser gathers the industry's consensus on the business practices of the underlying holdings. We have computed the following metrics about PIO ETF's sustainability, based on their methodology.

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ESG Consensus®
esg grade icon

ESG Consensus® is based on the Final Sustainability Grade, which itself consists of 10 grades. Our partner Conser calculates the exact grade, based on market intelligence, using their proprietary ESG Consensus® methodology.


PIO’s has a Final Sustainability Grade of either A+, A, or A-.

This fund’s exact Final Sustainability Grade is available in Trackinsight Enterprise.
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Holdings review
90.71% of holdings have positive scoring
9.29% of holdings have negative scoring
28.57%
53.91%
8.23%
8.64%
Consensus levels
Strong
Medium
Weak
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Replication

Trackinsight replication rating:
Replication quality
Calculated over 12m, as of February 27, 2026
Tracking error
Tracking difference
Replication information
Index
NASDAQ OMX Global Water Total Return Index - USD
Index ticker
GWATERLX Index
Index dividend policy
GTR
Replication method
Replication model
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Issuer

Invesco
Invesco ID Card
Number of funds
631
Total AuM
€852.43B
Expense ratio range
0.04% - 5.39%
Average expense ratio
0.3562%
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Frequently asked questions about PIO

What does Invesco Global Water ETF, PIO, invest in?

PIO is a Passive ETF. This ETF provides exposure to Other Global Equities.

Which benchmark or index does PIO replicate?

PIO tracks the NASDAQ OMX Global Water Total Return Index - USD, through a full replication replication method.

What is the Total Expense ratio (TER) of PIO?

PIO carries a total expense ratio (TER) of 0.75%, indicating the annual cost for holding the fund.

When was PIO launched?

PIO was introduced to the market on June 13, 2007. It trades on Sweden (Qualified Investor), among other exchanges

Who is the ETF issuer of PIO?

Invesco Global Water ETF, PIO, is provided by Invesco. Learn more about Invesco here.

What is the current assets under management (AUM) of PIO?

PIO oversees €231M in assets as of March 13, 2026.

How has PIO performed lately?

Based on data from March 13, 2026, PIO returned -9.06% over the past month, -1.86% over the last three months and -1.35% year-to-date.

What are the latest inflows or outflows for PIO?

As of March 13, 2026, PIO recorded net flows of -€6M over the last month and -€4.1M year-to-date.

Does PIO distribute dividends?

PIO follows a distributing dividend policy, meaning it pays out income to investors. As of March 13, 2026, its 12-month trailing yield was 1.05%.

What are the main country or region exposures of PIO?

As of January 31, 2026, PIO has significant geographic allocations in USA, Japan and Switzerland.

In which sector or theme does PIO invest in?

As of January 31, 2026, PIO focuses largely on Industrials, Utilities and Information Technology.

How many securities does PIO hold and how diversified is it?

As of January 31, 2026, PIO holds 36 positions in its portfolio, with 74.38% of assets concentrated in its top 15 holdings.

What are the main positions in PIO?

As of January 31, 2026, PIO top three holdings include EBARA, PENTAIR PLC and US31488V1070.

What is the base currency of PIO?

The base currency of PIO is USD.

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