PIO:NASDAQInvesco Global Water ETF analysis
Data as of Sep 28, 2026 - not real-time
- Latest price
- $43.19
- Risk: medium
- 4/10Medium risk
Summary
Invesco Global Water ETF is priced at $43.19 and its moving averages line up in bearish order, the shorter trailing the longer. The last 30 days have lost 5.1%. Momentum indicators put RSI at 41.4 (neutral) with MACD reading bullish. Watch $42.73 as support and $45.19 as the nearer resistance level.
The 0.75% expense ratio is middling for its category, and the fund manages $272.5M in assets.
Risk scores 4 out of 10, which is moderate for this asset class. With 30-day volatility of 11.9%, a beta of 0.85 and a maximum drawdown of 13.2%, position sizing matters here. Thin trading volumes mean execution costs can be material on larger orders. The wider market backdrop reads extreme greed at 95 on the fear-greed composite.
Near-term and long-term part ways here — sell short-term against hold longer out, with 3/10 conviction on the long call.
The 0.75% expense ratio is middling for its category, and the fund manages $272.5M in assets.
Risk scores 4 out of 10, which is moderate for this asset class. With 30-day volatility of 11.9%, a beta of 0.85 and a maximum drawdown of 13.2%, position sizing matters here. Thin trading volumes mean execution costs can be material on larger orders. The wider market backdrop reads extreme greed at 95 on the fear-greed composite.
Near-term and long-term part ways here — sell short-term against hold longer out, with 3/10 conviction on the long call.
Top market events
- Designed to provide broad exposure to the Industrials ETFs category of the market, the Invesco Global Water ETF PIO is...
- Morningstar%2c Inc.1monInvesco Global Water ETFThe investment seeks to track the investment results before fees and...
Market outlook
Short term
< 1 yearCautious
Model confidence5/105 out of 10
Key factors
- Short-term moving averages stacked below long-term ones
- Trading below the 200-day average of 45.06
- MACD momentum is positive
Medium term
1–3 yearsNeutral
Model confidence4/104 out of 10
Key factors
- Short-term moving averages stacked below long-term ones
- Trading below the 200-day average of 45.06
- MACD momentum is positive
Long term
> 3 yearsNeutral
Model confidence3/103 out of 10
Key factors
- Thin trading liquidity raises execution risk
- Short-term moving averages stacked below long-term ones
- 30-day volatility of 11.9%
Key metrics
Fund metrics
Expense Ratio0.75%
AUM$272.5M
Inception Date2007-06-13
Avg Daily Volume5,990
Premium/Discount0.00%
Tracking Error0.00%
Dividend Yield0.90%
Technical analysis
TrendBearish
RSI41.4
Support$42.73
Resistance$45.19
MA 20$43.58
MA 50$44.44
MA 200$45.06
MACDBullish
VolumeDecreasing
Fear & Greed Index94.88
Risk assessment
Beta0.85
Volatility11.92%
Sector RiskMedium
Currency RiskLow
Liquidity RiskHigh
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This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.