AQWA vs TBLU: holdings overlap, shared companies and scores
As of October 9, 2026, AQWA and TBLU overlap 47.1% by weight. Global X Clean Water ETF (AQWA): Global water companies Tortoise Global Water Fund (TBLU): Global water companies.
Updated October 9, 2026
What moved AQWA and TBLU this week
AQWA fell 0.6% in the week to October 9, 2026. The holdings that moved it most were Watts Water Technologies (−2.9%), Ferguson Enterprises (−1.5%) and Core & Main (−2.4%); CIA de Saneamento de Minas Gerais-Copasa (+19.7%) pushed the other way.
TBLU rose 0.8% in the week to October 9, 2026. The holdings that moved it most were CIA Saneamento Basico (+25.3%), Ecolab (+3.0%) and Veralto (+2.4%); Ferguson Enterprises (−1.5%) pushed the other way.
What do AQWA and TBLU each hold?
What's inside AQWA: Tech 2%.
59% of AQWA is its ten largest holdings.
What's inside TBLU: Tech 1%.
62% of TBLU is its ten largest holdings.
How much do AQWA and TBLU overlap? 47.1% by weight
As of October 9, 2026, AQWA and TBLU overlap 47.1% by weight.
90% of AQWA is already inside TBLU.
47% of TBLU is already inside AQWA.
AQWA holds 40 companies and TBLU holds 60; 30 are in both.
Computed by ETF Copilot from both funds' holdings rather than quoted from a data provider, and rebuilt nightly.
How does ETF Copilot score AQWA and TBLU? 5.2 and 4.5 out of 10
As of October 9, 2026, ETF Copilot scores AQWA 5.2 out of 10 and TBLU 4.5 out of 10.
They differ most on Risk: AQWA 5.6 and TBLU 4.3.
The five factor scores behind them are set out below, 0–10 and higher is better, ranked against every US equity ETF we track.
| Factor | AQWA | TBLU |
|---|---|---|
| Growth | 5.4 | 4.4 |
| Value | 9.8 | 8.8 |
| Risk | 5.6 | 4.3 |
| Quality | 5.4 | 4.8 |
| Return | 1.3 | 1.5 |
TBLU is the cheaper of the two at 0.40% a year
As of October 9, 2026, AQWA charges 0.50% a year, yields 1.66% and holds $20M in assets across 40 positions.
As of October 9, 2026, TBLU charges 0.40% a year, yields 3.59% and holds $53M in assets across 60 positions.
| Measure | AQWA | TBLU |
|---|---|---|
| Expense ratio | 0.50% | 0.40% |
| Dividend yield | 1.66% | 3.59% |
| Assets under management | $20M | $53M |
| Holdings | 40 | 60 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “AQWA vs TBLU holdings overlap and scores”, as of October 9, 2026.
https://etf-copilot.com/compare/aqwa-vs-tblu
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