|Bid||26.30 x 1000|
|Ask||0.00 x 800|
|Day's Range||33.38 - 34.07|
|52 Week Range||26.46 - 34.23|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.04|
|Expense Ratio (net)||0.62%|
Ketos raised $9 million in its latest funding round that it will use to grow a platform that aims to upgrade and improve the quality and safety of the water supply.
Among exchange traded funds with exposure to the industrial and utilities sectors, water funds can go overlooked, but there is significant opportunity with these funds. This year, the Invesco Water Resources ...
Although the idea of socially responsible ETFs that focus on environmental, social and governance (ESG) is not relatively new, it’s still struggling to break into the investment mainstream. “Shark Tank” ...
Much of 2018 was rosy for the industrials sector. Businesses with excess cash early in the year fueled a spending spree on equipment and other industrials products as well. Given the poor general performance of the industrials sector in 2018, it comes as no surprise that exchange-traded funds (ETFs) which focused on these stocks also suffered as well.
Water stocks and sector-related exchange traded funds are following the broad market lower this year, but some of the funds have been less bad than bad than the broader industrial sector. The First Trust ISE Water ETF (FIW) and Invesco Water Resources Portfolio (PHO) , which both track U.S. companies that derive their revenue from products that conserve and purify water, are sporting year-to-date losses which are well below those found on broader industrial ETFs. Some analysts believe water stocks can rebound in 2019.
James Brumley’s pick is the Invesco Water Resources ETF (NASDAQ:PHO). All in all, the Invesco Water Resources ETF (NASDAQ:PHO) got 2018 started on a solid enough foot. A. O. Smith (NYSE:AOS) gets a big chunk of the blame, down 30% year to date.
Take Dr. Michael Burry, played rather eccentrically by the actor Christian Bale in the 2016 film, "The Big Short." In real life, Burry invests in water and the evidence shows that he and other aqua investors are onto something. In fact, it takes 872 gallons of water to create one gallon of wine. It also takes 2,061 gallons of water to make one pound of chocolate.
This article is a part of InvestorPlace’s Best ETFs for 2018 contest. James Brumley’s pick for the contest is Invesco Water Resources ETF (NASDAQ:PHO).
The ETF industry has something for everyone -- the Invesco Water Resources ETF (ticker: PHO) tracks the business of water. In this week's "There's an ETF for That", Bloomberg's Scarlet Fu explains ...
The bottom line is that water is a precious and increasingly scarce commodity, so now might be the right time to consider adding it to your portfolio for long-term growth. More investment advisors are recommending commodities as a dedicated asset class to hedge other assets in your overall portfolio. If you're looking at diversifying your commodities holdings to include exposure to water, you could look at individual water utilities stocks if you have the time and inclination – or you could check out the emerging class of water exchange-traded funds (ETFs) to hedge your bets.
This article is a part of InvestorPlace’s Best ETFs for 2018 contest. James Brumley’s pick for the contest is Powershares Water Resource Portfolio (NASDAQ:PHO). As far as investment returns go, my 2018 ETF pick of Invesco Water Resources ETF (NASDAQ:PHO) has been less than thrilling.
With one quarter under our belts, the pack in the Best ETFs for 2018 contest has started to space out, but we’re still early in the year. The leaders cannot rest on their laurels and there’s still plenty of time for the lagging exchange-traded funds to catch up.