PHO Performance — Invesco Water Resources ETF
Data updated: 2026-09-28
PHO returned +0.02% year to date and +0.15% over one year to Jul 2026. Annualised returns are +7.18% over 3 years and +4.87% over 5 years. The fund trailed its US Mid-Cap Blend category average: $100 invested three years ago grew to $123, against $144 for the category, and to $100 over one year, against $119. Volatility over the past three years was 15.78% a year. In the 12 months to Jul 2026 the fund lost a net $177.0M, and assets reached $2.00B.
PHO Growth of $100
What $100 invested in Invesco Water Resources ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Mid-Cap Blend category average over the same months.
| Period | PHO | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $100 | $119 |
| 3 years (Aug 2023 – Jul 2026) | $123 | $144 |
| 5 years (Aug 2021 – Jul 2026) | $127 | $145 |
| Since data start (Aug 2019 – Jul 2026) | $202 | $204 |
PHO Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.02% |
| 1 year | +0.15% |
| 3 years (annualised) | +7.18% |
| 5 years (annualised) | +4.87% |
PHO Annual Returns
Calendar-year total returns of Invesco Water Resources ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +0.02% |
| 2025 | +7.50% |
| 2024 | +8.59% |
| 2023 | +18.91% |
| 2022 | −14.88% |
| 2021 | +31.26% |
| 2020 | +20.81% |
| 2019 (Aug–Dec) | +7.70% |
PHO Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +3.0% | +0.9% | −8.4% | +2.8% | −4.1% | +5.0% | +1.5% | — | — | — | — | — |
| 2025 | +3.9% | −1.6% | −3.9% | +1.3% | +4.1% | +2.8% | +0.7% | +3.5% | −1.0% | −0.9% | +1.4% | −2.7% |
| 2024 | −2.7% | +7.9% | +4.2% | −3.5% | +3.0% | −1.8% | +7.2% | +0.5% | +1.0% | −3.3% | +5.1% | −8.2% |
| 2023 | +5.6% | −2.6% | +0.8% | −1.4% | −1.1% | +8.6% | +2.7% | −1.3% | −6.8% | −4.5% | +11.5% | +7.7% |
| 2022 | −12.9% | −3.0% | +3.2% | −7.9% | +0.6% | −5.7% | +12.9% | −4.8% | −8.0% | +10.3% | +5.8% | −3.1% |
| 2021 | −0.6% | +4.3% | +2.6% | +5.7% | +1.7% | +0.9% | +6.0% | +3.6% | −6.9% | +5.9% | −1.0% | +6.1% |
| 2020 | +1.3% | −8.8% | −11.9% | +9.7% | +6.6% | −0.9% | +7.2% | +1.6% | +0.4% | +2.7% | +9.6% | +4.0% |
| 2019 | — | — | — | — | — | — | — | +0.7% | +1.3% | +0.4% | +2.1% | +3.0% |
PHO Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 15.78%
- 3-year Sharpe ratio: 0.17 (vs 4.5% risk-free rate)
- Best month: +11.45% (Nov 2023)
- Worst month: −8.37% (Mar 2026)
PHO Fund Flows
Monthly money in and out of Invesco Water Resources ETF, from SEC Form N-PORT.
- 12-month net flow: −$177.0M
- 12-month gross sales (incl. reinvestments): $145.2M
- Sales ÷ redemptions: 0.45×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $1.4M | $16.5M | −$15.1M |
| Jun 2026 | $18.8M | $100.8M | −$82.1M |
| May 2026 | $22.5M | $44.2M | −$21.7M |
| Apr 2026 | $56.8M | $10.3M | $46.4M |
| Mar 2026 | $24.8M | $14.0M | $10.8M |
| Feb 2026 | $2.9M | $8.1M | −$5.2M |
| Jan 2026 | $730K | $8.7M | −$8.0M |
| Dec 2025 | $8.6M | $10.8M | −$2.2M |
| Nov 2025 | $0 | $13.6M | −$13.6M |
| Oct 2025 | $1.4M | $87.9M | −$86.4M |
| Sep 2025 | $4.3M | $4.4M | −$72K |
| Aug 2025 | $2.9M | $2.9M | −$50 |
PHO Assets Under Management
Net assets of Invesco Water Resources ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $2.00B |
| 2026-04-30 | $2.09B |
| 2026-01-31 | $2.14B |
| 2025-10-31 | $2.14B |
| 2025-07-31 | $2.19B |
| 2025-04-30 | $2.06B |
| 2025-01-31 | $2.21B |
| 2024-10-31 | $2.22B |
| 2024-07-31 | $2.25B |
| 2024-04-30 | $2.06B |
| 2024-01-31 | $1.90B |
| 2023-10-31 | $1.67B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.