Is CGW a good investment?

Invesco S&P Global Water Index ETF (CGW) is a real-assets ETF. As of September 11, 2026, ETF Copilot scores CGW 5.4 out of 10 — highest on Valuation (9.8), lowest on Return (2.3). Its ten largest holdings are 56% of the fund.

Updated September 11, 2026

How is CGW rated? ETF Copilot scores Invesco S&P Global Water Index ETF (CGW) 5.4 out of 10

As of September 11, 2026, ETF Copilot scores Invesco S&P Global Water Index ETF (CGW) 5.4 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

Overall: 5.4 / 10
Growth: 7.0 / 10
Valuation: 9.8 / 10
Risk: 4.6 / 10
Quality: 4.2 / 10
Return: 2.3 / 10

What is CGW's expense ratio? 0.58% a year

As of September 11, 2026, CGW charges 0.58% a year, yields 2.17% and holds $1.0B in assets across 66 positions.

Invesco S&P Global Water Index ETF (CGW) — cost, income and size
Measure	CGW
Expense ratio	0.58%
Dividend yield	2.17%
Assets under management	$1.0B
Holdings	66

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.

What stands out in CGW's data

Global water industry companies, from utilities to equipment makers.

Trades at a richer price than most real-asset peers — you pay more for each dollar of earnings.

Its trailing EBITDA multiple of 10.8x sits above the category median of 9.2x. Top holdings concentration is 55.8%, so a few names drive most of the return.

A thematic infrastructure sleeve that rises and falls with a small group of water stocks.

Why did CGW move this week? It fell 1.8% in the week to September 11, 2026 — American Water Works and Veralto drove it

CGW fell 1.8% in the week to September 11, 2026. The holdings that moved it most were American Water Works (−2.3%), Veralto (−3.9%) and Advanced Drainage Systems (−5.2%); CIA de Saneamento Basico DO Estado de SAO Paulo (+2.3%) pushed the other way.

What's inside CGW?

What's inside CGW: Size (Large 4%, Mid 63%, Small 33%); Geography (International 42%, US 58%); Tech 1.3%.

What are CGW's top holdings? The ten largest are 56% of the fund

American Water Works, CIA de Saneamento Basico DO Estado de SAO Paulo Sabesp, Xylem, Essential Utilities, United Utilities, Severn Trent, Veralto, Ecolab, Geberit and Watts Water Technologies are CGW's largest holdings, in that order.

More concentrated than 54% of Thematic - Real Assets ETFs.

Half of CGW's weight sits in its 9 largest positions, and once those weights are taken into account it behaves like 25 equally weighted holdings.

Cite this

ETF Copilot, “Invesco S&P Global Water Index ETF (CGW) scores and holdings analysis”, as of September 11, 2026.
https://etf-copilot.com/etf/cgw