# PHO holdings and overlap

Invesco Water Resources ETF, Natural Resources, Invesco.

Canonical page: https://tickerinside.com/etf/pho/
Holdings from the issuer file published 2026-09-05. Prices through 2026-09-04.
Licence: CC BY 4.0, attribution to TickerInside. Measurements, not investment advice.

## Largest positions, issuer file of 2026-09-05

| Rank | Ticker | Company | Weight |
| --- | --- | --- | --- |
| 1 | ROP | Roper Technologies Inc | 9.42% |
| 2 | ECL | Ecolab Inc | 8.21% |
| 3 | WAT | Waters Corp | 7.27% |
| 4 | FERG | Ferguson Enterprises Inc | 6.71% |
| 5 | IDXX | IDEXX Laboratories Inc | 6.15% |
| 6 | VLTO | Veralto Corp | 4.41% |
| 7 | AWK | American Water Works Co Inc | 4.3% |
| 8 | A | Agilent Technologies Inc | 4.19% |
| 9 | XYL | Xylem Inc/NY | 3.65% |
| 10 | J | Jacobs Solutions Inc | 3.62% |
| 11 | IEX | IDEX Corp | 3.54% |
| 12 | TRMB | Trimble Inc | 3.02% |
| 13 | PNR | Pentair PLC | 2.89% |
| 14 | WMS | Advanced Drainage Systems Inc | 2.77% |
| 15 | ACM | Aecom | 2.74% |
| 16 | TTEK | Tetra Tech Inc | 2.66% |
| 17 | CNM | Core & Main Inc | 2.41% |
| 18 | AOS | A O Smith Corp | 2.34% |
| 19 | BSY | Bentley Systems Inc | 2.15% |
| 20 | ITRI | Itron Inc | 2.0% |
| 21 | WTS | Watts Water Technologies Inc | 1.96% |
| 22 | VMI | Valmont Industries Inc | 1.88% |
| 23 | MLI | Mueller Industries Inc | 1.86% |
| 24 | BMI | Badger Meter Inc | 1.79% |
| 25 | ZWS | Zurn Elkay Water Solutions Corp | 1.11% |

All 40 positions with weights: https://tickerinside.com/api/v1/fund/pho.json

## Key figures

| Measure | Value |
| --- | --- |
| Last close, 2026-09-04 | 70.55 USD (-0.41% on the day) |
| Expense ratio | 0.59% |
| Positions | 40 |
| Weight in the ten largest | 57.9% |
| Total return, 1 year | -3.4% |
| Total return, 3 years | 31.2% |
| Volatility, annualised | 15.8% |
| Worst fall, 3 years | -15.9% |
| Beta against SPY | 0.75 |
| Assets | $2.0B |

## What does PHO share with other funds?

| Fund | Overlap by weight | Of PHO held there | Of that fund in PHO | Companies in both |
| --- | --- | --- | --- | --- |
| PIO | 46.1% | 61.5% | 53.0% | 13 |
| CGW | 32.5% | 38.8% | 51.3% | 22 |
| EFRA | 29.4% | 31.3% | 39.5% | 16 |
| EWL | 9.4% | 9.4% | 13.8% | 1 |
| POWA | 8.6% | 27.1% | 8.6% | 4 |
| RSPN | 8.6% | 27.2% | 8.6% | 7 |
| IYM | 7.2% | 10.1% | 7.2% | 2 |
| CZA | 6.5% | 20.7% | 6.6% | 7 |
| BMED | 6.0% | 16.7% | 6.1% | 2 |
| XMHQ | 5.4% | 11.3% | 5.4% | 5 |
| IXJ | 5.2% | 27.0% | 5.3% | 4 |
| VAW | 5.0% | 8.7% | 5.0% | 2 |


Method: https://tickerinside.com/how-the-numbers-are-produced/