PIO ISSUER
The Invesco Global Water ETF (PIO) is managed by Invesco, a leading global provider of exchange-traded funds (ETFs) and other financial services. PIO aims to track the Nasdaq OMX Global Water Index, which is curated by Nasdaq, Inc. The index consists of companies from various global exchanges, including the United States, developed, and emerging markets, focused on providing water conservation and purification solutions for residential, commercial, and industrial purposes. With a commitment to environmental sustainability, Invesco's PIO ETF offers investors exposure to companies driving innovation in the crucial sector of water management and purification.
PIO DIVIDEND
Despite being focused on companies involved in water conservation and purification, the Invesco Global Water ETF (PIO) still offers dividend distributions to investors. These distributions typically reflect the dividend policies of the underlying index constituents, which consist of global exchange-listed companies dedicated to water-related solutions. Investors should note that while PIO may concentrate its investments in specific sectors like water-related industries, its dividend eligibility and distribution are influenced by the dividend practices of the companies within its portfolio.
PIO TRACKING
PIO Tracking entails mirroring the performance of the Nasdaq Clean Edge Water Index, a benchmark composed of companies globally listed in developed and emerging markets. These companies focus on developing products dedicated to conserving and purifying water for various applications across residential, commercial, and industrial sectors. With a meticulous full replication approach, the fund invests substantially in all securities within the Nasdaq Clean Edge Water Index, maintaining proportionate allocations. As of December 31, 2022, the index comprised 42 securities, spanning market capitalizations from $218 million to $193 billion. The concentration policy of the fund reflects its commitment to investing in water-related industries, industrials, and utilities, offering investors targeted exposure to this vital sector.
PIO CORRELATION
The correlation aspect of the Invesco Global Water ETF (PIO) is essential for understanding its performance relative to the global water industry. As PIO invests in companies involved in water conservation and purification, its correlation with the water industry and related sectors is significant. Investors rely on PIO's correlation data to gauge its sensitivity to changes within the water sector and to make strategic investment decisions accordingly. ETF Insider provides a comprehensive web app allowing users to study PIO's correlations with various market segments, offering valuable insights through intuitive visualization tools that highlight overlaps and relationships within the water industry and beyond.
PIO SECTOR
The PowerShares Global Water Portfolio ETF (PIO) primarily focuses on companies within the water-related industry, including those involved in water conservation and purification technologies. As of the latest available data, PIO invests in securities of global exchange-listed companies located in the United States, as well as developed and emerging markets worldwide, that contribute to water management solutions. With a portfolio comprised of 42 securities, ranging from established giants to smaller innovators, PIO provides investors with exposure to a vital sector addressing the global challenge of water scarcity. While the fund is non-diversified, concentrating its investments in industries related to water conservation and purification, it offers an opportunity for investors seeking targeted exposure to this essential and potentially lucrative market.
PIO EXPOSURE
The PowerShares Global Water Portfolio (PIO) offers investors exposure to companies across the water-related industry, spanning various regions and sectors. With a focus on securities of global exchange-listed companies, PIO taps into developed and emerging markets worldwide that are involved in water conservation and purification. The fund's holdings reflect a diverse range of market capitalizations, from smaller firms to large-cap enterprises, providing investors with a comprehensive view of the water sector's investment landscape. Whether seeking exposure to this vital industry for its growth potential or as a strategic part of a thematic investment approach, PIO offers a unique avenue to invest in companies dedicated to addressing global water challenges.