Invesco S&P Global Water Index ETF (CGW) is a real-assets ETF. As of October 28, 2026, ETF Copilot scores CGW 4.1 out of 10 — highest on Value (9.3), lowest on Growth (0.4). Its ten largest holdings are 55% of the fund.
What stands out in CGW's data
Global water industry companies, from utilities to equipment makers.
Trades at a higher price than the typical real-assets fund — you pay more for each dollar of earnings.
Trailing P/E multiple of 17.5x sits above the category median of 16.8x. Top holdings concentration is 55.2%.
A thematic infrastructure sleeve that rises and falls with a small group of water stocks.
Why did CGW move this week? It fell 2.1% in the week to October 28, 2026 — Xylem and CIA de Saneamento Basico DO Estado de SAO Paulo drove it
CGW fell 2.1% in the week to October 28, 2026. The holdings that moved it most were Xylem (−17.0%), CIA de Saneamento Basico DO Estado de SAO Paulo (−26.1%) and CIA de Saneamento de Minas Gerais-Copasa (−25.2%); Pentair (+21.8%) pushed the other way.
How is CGW rated? ETF Copilot scores Invesco S&P Global Water Index ETF (CGW) 4.1 out of 10
As of October 28, 2026, ETF Copilot scores Invesco S&P Global Water Index ETF (CGW) 4.1 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 4.1 / 10
- Growth: 0.4 / 10
- Value: 9.3 / 10
- Risk: 5.4 / 10
- Quality: 5.7 / 10
- Return: 2.6 / 10
What's inside CGW?
What's inside CGW: Size (Large 4%, Mid 65%, Small 31%); Geography (International 43%, US 57%); Tech 1.5%.
What are CGW's top holdings? The ten largest are 55% of the fund
American Water Works, Xylem, Veralto, United Utilities, Essential Utilities, Severn Trent, CIA de Saneamento Basico DO Estado de SAO Paulo Sabesp, Veolia Environnement, Ecolab and Geberit are CGW's largest holdings, in that order.
More concentrated than 52% of 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.
What is CGW's expense ratio? 0.58% a year
As of October 28, 2026, CGW charges 0.58% a year, yields 1.58% and holds $1.0B in assets across 73 positions.
| Measure | CGW |
|---|---|
| Expense ratio | 0.58% |
| Dividend yield | 1.58% |
| Assets under management | $1.0B |
| Holdings | 73 |
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, “Invesco S&P Global Water Index ETF (CGW) scores and holdings analysis”, as of October 28, 2026.
https://etf-copilot.com/etf/cgw
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