PHO - PHO: Liquidity At A Long-Term Discount
2024-07-15 08:58:43 ET
Summary
- PHO is the largest water ETF with over $2 billion in AUM, tracking companies that conserve and purify water.
- Contaminated water is a widespread issue, with PFAS chemicals causing health problems and a lack of clean water globally.
- PHO offers diversification with holdings in various sectors, including technology companies, providing growth potential in a stable industry.
Investing in water is far from flashy, but it’s hard to imagine a more critical commodity across the world. Invesco Water Resources ETF ( PHO ) is the largest water ETF with over $2 billion in AUM. Yet even at that size, it is a relatively undiscovered area of ETF investing. Leading water stocks are not household names, and thought the asset base is strong here, it took more than 18 years in existence for PHO to reach that point....
PHO: Liquidity At A Long-Term Discount