Invesco Water Resources ETF (PHO) Holdings
PHO holdings summary
as of Oct 25, 2026- Holdings
- 41 positions listed
- Top 10 weight
- 58.3% of net assets
- Effective holdings
- 22 equal-weight equivalent
- Largest holding
- ECL 8.07% Ecolab Inc.
- Annual turnover
- 0.0% of the portfolio traded
All PHO holdings
| # | Name | ||||||
|---|---|---|---|---|---|---|---|
| 1 | ECL | Ecolab Inc. | Basic Materials | 8.07% | $161.9M | $80.98B | 38.8 |
| 2 | FERG | Ferguson plc | Industrials | 7.72% | $154.8M | $44.81B | 22.8 |
| 3 | ROP | Roper Technologies, Inc. | Technology | 7.48% | $150.1M | $37.85B | 15.9 |
| 4 | IDXX | IDEXX Laboratories, Inc. | Healthcare | 7.20% | $144.4M | $44.20B | 39.8 |
| 5 | WAT | Waters Corporation | Healthcare | 7.08% | $142.1M | $42.90B | 110.6 |
| 6 | A | Agilent Technologies, Inc. | Healthcare | 4.42% | $88.6M | $48.77B | 34.1 |
| 7 | VLTO | Veralto Corporation | Industrials | 4.21% | $84.5M | $24.63B | 25.8 |
| 8 | TRMB | Trimble Inc. | Technology | 4.07% | $81.7M | $13.86B | — |
| 9 | XYL | Xylem Inc. | Industrials | 4.01% | $80.4M | $24.29B | 24.8 |
| 10 | AWK | American Water Works Company, Inc. | Utilities | 3.99% | $80.0M | $26.82B | 23.4 |
| 11 | PNR | Pentair plc | Industrials | 3.50% | $70.1M | $8.53B | 13.8 |
| 12 | IEX | IDEX Corporation | Industrials | 3.42% | $68.6M | $17.36B | 33.9 |
| 13 | J | Jacobs Engineering Group Inc. | Industrials | 3.11% | $62.3M | $16.51B | 46.9 |
| 14 | ACM | AECOM | Industrials | 3.09% | $62.0M | $7.59B | 20.8 |
| 15 | WTS | Watts Water Technologies, Inc. | Industrials | 2.44% | $48.9M | $11.91B | 31.2 |
| 16 | WMS | Advanced Drainage Systems, Inc. | Industrials | 2.43% | $48.6M | $9.67B | 21.8 |
| 17 | TTEK | Tetra Tech, Inc. | Industrials | 2.34% | $46.9M | $8.89B | 20.9 |
| 18 | CNM | Core & Main, Inc. | Industrials | 2.30% | $46.2M | $7.74B | 17.3 |
| 19 | BSY | Bentley Systems, Incorporated | Technology | 2.25% | $45.2M | $10.69B | 38.9 |
| 20 | AOS | A. O. Smith Corporation | Industrials | 2.20% | $44.1M | $8.05B | 16.5 |
| 21 | VMI | Valmont Industries, Inc. | Industrials | 2.19% | $43.9M | $8.63B | 17.4 |
| 22 | MLI | Mueller Industries, Inc. | Industrials | 1.72% | $34.5M | $13.29B | 15.6 |
| 23 | BMI | Badger Meter, Inc. | Technology | 1.55% | $31.0M | $3.67B | 29.6 |
| 24 | ITRI | Itron, Inc. | Technology | 1.34% | $26.8M | $3.64B | 13.9 |
| 25 | SBS | Companhia de Saneamento Básico do Estado de São Paulo - SABESP | Utilities | 1.16% | $23.3M | $22.01B | 14.2 |
| 26 | ZWS | Zurn Elkay Water Solutions Corporation | Industrials | 1.03% | $20.7M | $7.81B | 29.2 |
| 27 | STN | Stantec Inc | Industrials | 0.69% | $13.9M | — | — |
| 28 | FELE | Franklin Electric Co., Inc. | Industrials | 0.62% | $12.5M | $4.43B | 28.9 |
| 29 | MWA | Mueller Water Products, Inc. | Industrials | 0.60% | $12.0M | $3.40B | 15.3 |
| 30 | CWT | California Water Service Group | Utilities | 0.53% | $10.6M | $2.87B | 20.8 |
| 31 | SJW | SJW Group Common Stock | Utilities | 0.53% | $10.6M | — | — |
| 32 | HWKN | Hawkins, Inc. | Basic Materials | 0.52% | $10.4M | $2.75B | 34.1 |
| 33 | AWR | American States Water Company | Utilities | 0.52% | $10.3M | $3.31B | 22.9 |
| 34 | NWPX | NWPX Infrastructure, Inc. | Basic Materials | 0.46% | $9.2M | $940.7M | 19.6 |
| 35 | LNN | Lindsay Corporation | Industrials | 0.35% | $7.1M | $1.09B | 20.6 |
| 36 | GRC | The Gorman-Rupp Company | Industrials | 0.32% | $6.5M | $1.90B | 30.3 |
| 37 | MSEX | Middlesex Water Company | Utilities | 0.18% | $3.7M | $1.03B | 21.1 |
| 38 | ERII | Energy Recovery, Inc. | Industrials | 0.16% | $3.2M | $339.4M | 25.6 |
| 39 | AGPXX | Invesco Short-Term Investments Trust Government & Agency Portfolio Institutional | Other | 0.10% | $2.0M | — | — |
| 40 | YORW | The York Water Company | Utilities | 0.09% | $1.8M | $502.1M | 19.2 |
| 41 | CWCO | Consolidated Water Co. Ltd. | Utilities | 0.06% | $1.1M | $452.2M | 27.7 |
Weights as a percentage of net assets. Value held = weight × net assets ($2.01B). Market cap and P/E from each company's latest fundamentals (U.S.-listed stocks).
PHO sector breakdown
| Sector | Weight | Holdings | Largest |
|---|---|---|---|
| Industrials | 48.5% | 21 | FERG, VLTO, XYL |
| Healthcare | 18.7% | 3 | IDXX, WAT, A |
| Technology | 16.7% | 5 | ROP, TRMB, BSY |
| Basic Materials | 9.0% | 3 | ECL, HWKN, NWPX |
| Utilities | 7.1% | 8 | AWK, SBS, CWT |
| Other | 0.1% | 1 | AGPXX |
Sum of the weights of the holdings in each sector.
PHO top industries
PHO overlap with other ETFs
| ETF | Fund | Overlap | Shared holdings | Expense ratio |
|---|---|---|---|---|
| FIW | First Trust Water ETF | 74.9% | 32 of 36 | 0.55% |
| IWM | iShares Russell 2000 ETF | 1.3% | 15 of 1,962 | 0.19% |
| VTI | Vanguard Total Stock Market ETF | 0.7% | 38 of 2,941 | 0.03% |
| VXUS | Vanguard Total International Stock ETF | 0.7% | 6 of 8,035 | 0.05% |
| SPY | SPDR S&P 500 ETF | 0.6% | 14 of 502 | 0.09% |
| QQQ | Invesco QQQ ETF | 0.4% | 2 of 101 | 0.17% |
Overlap = sum over shared holdings of the smaller of the two weights. 100% means identical portfolios.
About the PHO portfolio
Invesco Water Resources ETF holds 41 positions. The ten largest make up 58.3% of the fund, so it behaves like a portfolio of about 22 equally weighted stocks. The biggest positions are Ecolab Inc. (8.07%), Ferguson plc (7.72%), Roper Technologies, Inc. (7.48%), IDEXX Laboratories, Inc. (7.20%), Waters Corporation (7.08%).
By sector, Industrials is 48.5%, Healthcare is 18.7%, Technology is 16.7%. Holdings data is from the fund's latest portfolio as reported by EODHD on October 25, 2026; positions change as the fund rebalances.
Related: PHO chart, PHO performance, PHO dividends, PHO valuation, PHO overview.
PHO holdings FAQ
How many holdings does PHO have?
PHO holds 41 positions as of October 25, 2026.
What are the top 10 holdings of PHO?
The ten largest holdings are Ecolab Inc. (8.07%), Ferguson plc (7.72%), Roper Technologies, Inc. (7.48%), IDEXX Laboratories, Inc. (7.20%), Waters Corporation (7.08%), Agilent Technologies, Inc. (4.42%), Veralto Corporation (4.21%), Trimble Inc. (4.07%), Xylem Inc. (4.01%), American Water Works Company, Inc. (3.99%). Together they are 58.3% of the fund.
What percentage of PHO is Ecolab Inc.?
Ecolab Inc. is the largest holding at 8.07% of net assets, about $161.9M of the fund's $2.01B.
Which sector is the largest in PHO?
Industrials is the largest sector at 48.5%, followed by Healthcare (18.7%) and Technology (16.7%), based on the sectors of the individual holdings.
How concentrated is PHO?
The top 10 holdings are 58.3% of the fund. By the effective number of holdings (1 divided by the sum of squared weights) PHO behaves like a portfolio of about 22 equally weighted stocks.