|Bid||32.3900 x 1800|
|Ask||32.4000 x 900|
|Day's Range||32.2999 - 32.4300|
|52 Week Range||28.1800 - 32.4300|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.62%|
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.
Investing in stocks can be lucrative, but for a lot of people, it can also be devastating — picking wrong can put a big dent in your nest egg.
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). Water is one of those areas, putting the Powershares Water Resource Portfolio ETF (NASDAQ:PHO) at the top of a short list of ways to tap into this surprisingly lucrative business.