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SPY - PHO: A Basket Of High-Quality Stocks To Benefit From The Water Megatrend
December, 09 2021 03:44 AM
SPDR S&P 500
PHO provides exposure to the US water industry and invests in companies involved in the purification and conservation of water. PHO has outperformed PIO over a 10-year timeframe and has closely matched the performance of the S&P 500. The valuation is stretched, and for this reason, it would be better to buy PHO during a market downturn. For further details see:
PHO: A Basket Of High-Quality Stocks To Benefit From The Water Megatrend
Stock Information
Company Name:
SPDR S&P 500
Stock Symbol:
SPY
Market:
NYSE
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