See what your fund actually adds
Invesco Water Resources ETF PHO
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | PHO | Replication |
|---|---|---|
| Annualized growth | 4.6% | 8.0% |
| Annualized volatility | 18.3% | 16.3% |
| Sharpe ratio | 0.34 | 0.55 |
| Maximum drawdown | 28.4% | 22.5% |
| Replication fit (R²) | 0.81 · Tracking error 7.9% | |
Replication portfolio
The published portfolio below is the investable basket used to model PHO’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| IJR | US Small Cap | 33.1% |
| XLI | Sector · Industrials | 24.2% |
| XLV | Sector · Healthcare | 23.5% |
| VOT | Mid-Cap · Growth | 19.2% |