Invesco S&P Global Water ETF (CGW) Performance
CGW total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +3.8% since Dec 31, 2025
- 1 year
- +1.1% total return
- 5 years
- +4.0% a year
- 10 years
- +10.1% a year
- Since first price
- +7.2% a year since 2007
CGW trailing returns vs SPY, QQQ, AGG
| Period | CGW total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +4.0% | +4.0% | −1.0% | −5.0% | +0.9% |
| 3 months | +1.3% | +1.3% | +3.2% | +1.9% | −0.4% |
| 6 months | −0.7% | −0.7% | +7.8% | +8.4% | −1.5% |
| YTD | +3.8% | +3.8% | +12.3% | +15.1% | −1.0% |
| 1 year | +1.1% | −0.5% | +14.4% | +15.9% | −1.1% |
| 3 years | +53.3%+15.3%/yr | +45.3% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +21.4%+4.0%/yr | +11.6% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +161.8%+10.1%/yr | +121.2% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +332.6%+10.3%/yr | +233.6% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| Since inceptionMay 14, 2007 | +287.6%+7.2%/yr | +163.8% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: CGW vs SPY
From May 14, 2007: CGW grew to $38,755, SPY to $72,084.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
CGW returns by calendar year
13 of 18 full years positive. Best 2019 (+34.0%), worst 2008 (−40.1%). 2026 is year to date.
CGW annual returns table
| Year | CGW | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +3.8% | −10.9% | +12.3% | +15.1% | −1.0% |
| 2025 | +18.1% | −9.8% | +17.7% | +20.8% | +7.2% |
| 2024 | +4.5% | −9.4% | +24.9% | +25.6% | +1.3% |
| 2023 | +15.5% | −16.2% | +26.2% | +54.9% | +5.7% |
| 2022 | −22.0% | −32.3% | −18.2% | −32.6% | −13.0% |
| 2021 | +31.7% | −8.0% | +28.7% | +27.4% | −1.8% |
| 2020 | +15.4% | −35.7% | +18.3% | +48.6% | +7.5% |
| 2019 | +34.0% | −5.5% | +31.2% | +39.0% | +8.5% |
| 2018 | −10.5% | −16.5% | −4.6% | −0.1% | +0.1% |
| 2017 | +27.1% | −3.0% | +21.7% | +32.7% | +3.6% |
| 2016 | +6.6% | −8.5% | +12.0% | +7.1% | +2.4% |
| 2015 | −1.7% | −14.2% | +1.2% | +9.4% | +0.5% |
| 2014 | +3.3% | −13.7% | +13.5% | +19.2% | +6.0% |
| 2013 | +26.3% | −10.3% | +32.3% | +36.6% | −2.0% |
| 2012 | +21.1% | −9.7% | +16.0% | +18.1% | +3.8% |
| 2011 | −7.8% | −19.9% | +1.9% | +3.4% | +7.7% |
| 2010 | +15.0% | −16.0% | +15.1% | +19.9% | +6.4% |
| 2009 | +31.5% | −30.1% | +26.4% | +54.7% | +3.0% |
| 2008 | −40.1% | −54.8% | −36.8% | −41.7% | +7.9% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
CGW largest drawdowns
Now 5.0% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Oct 31, 2007 | −57.2% | Mar 9, 2009 | Jan 2, 2013 | 1.4 years | 5.2 years |
| Feb 19, 2020 | −35.7% | Mar 23, 2020 | Oct 12, 2020 | 33 days | 8 months |
| Dec 31, 2021 | −32.7% | Sep 27, 2022 | May 15, 2024 | 9 months | 2.4 years |
| Jan 26, 2018 | −16.5% | Dec 24, 2018 | Mar 18, 2019 | 11 months | 1.1 years |
| May 14, 2015 | −15.5% | Jan 21, 2016 | Jun 1, 2016 | 8 months | 1.1 years |
| Sep 30, 2024 | −14.2% | Apr 8, 2025 | May 15, 2025 | 6 months | 7 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
CGW risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2007 |
|---|---|---|---|---|
| Annualized return | +12.2% | +4.0% | +9.1% | +6.8% |
| Volatility (annualized) | 14.4% | 18.3% | 16.5% | 17.2% |
| Sharpe ratio | 0.57 | 0.11 | 0.47 | 0.39 |
| Sortino ratio | 0.94 | 0.16 | 0.69 | 0.55 |
| Best month | +11.4% | +11.4% | +11.4% | +13.0% |
| Worst month | −7.1% | −11.0% | −14.1% | −20.2% |
| Best 12 months | +33.6% | +33.6% | +50.3% | +53.1% |
| Worst 12 months | −1.4% | −25.2% | −25.2% | −47.1% |
| Positive months | 61% | 53% | 65% | 62% |
| Beta vs S&P 500 | 0.53 | 0.90 | 0.86 | — |
| Correlation with S&P 500 | 0.46 | 0.77 | 0.80 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
CGW rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 222 | −47.1% | +9.2% | +53.1% | 78% |
| 3-year (a year) | 198 | −10.6% | +9.9% | +26.8% | 93% |
| 5-year (a year) | 174 | −2.3% | +9.8% | +22.2% | 96% |
| 10-year (a year) | 114 | +4.9% | +10.0% | +14.4% | 100% |
Every holding period starting at a month-end since 2007. Returns for 3 years and longer are annualized.
CGW performance overview
Invesco S&P Global Water ETF (CGW) returned +1.1% over the past year and +10.1% a year over ten years, with distributions reinvested. Since its first recorded price in 2007 it has returned +7.2% a year, turning $10,000 into about $38,755. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −57.2%, from Oct 31, 2007 to Mar 9, 2009, and it took 3.8 years to get back to the old high. CGW finished 13 of its 18 full calendar years with a gain; the best year was 2019 (+34.0%) and the worst 2008 (−40.1%). Volatility has been 17.2% a year.
Related: CGW chart, CGW holdings, CGW dividends. See the CGW overview for the latest quote and fund facts.
CGW performance FAQ
What is the CGW return over the past year?
CGW returned +1.1% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 0.5%.
What is the average annual return of CGW?
CGW has returned +4.0% a year over 5 years, +10.1% a year over 10 years, +7.2% a year since May 14, 2007 (total return, distributions reinvested).
How much would $10,000 invested in CGW be worth?
$10,000 invested in CGW at its first recorded close on May 14, 2007 would be worth about $38,755 on October 23, 2026 with distributions reinvested.
What was the worst year for CGW?
The worst calendar year was 2008, with a total return of −40.1%. The best was 2019 at +34.0%.
What is the biggest drawdown of CGW?
The largest peak-to-trough decline was −57.2% between October 31, 2007 and March 9, 2009. It recovered to the old high on January 2, 2013, 3.8 years after the bottom.
How volatile is CGW?
Over the past 3 years CGW had an annualized volatility of 14.4% and a Sharpe ratio of 0.57 (excess return over 1–3 month T-bills per unit of risk).