Is PIO a good investment?

Invesco Global Water ETF (PIO) is a real-assets ETF. As of September 11, 2026, ETF Copilot scores PIO 4.6 out of 10 — highest on Valuation (9.6), lowest on Return (1.5). Its ten largest holdings are 57% of the fund.

Updated September 11, 2026

How is PIO rated? ETF Copilot scores Invesco Global Water ETF (PIO) 4.6 out of 10

As of September 11, 2026, ETF Copilot scores Invesco Global Water ETF (PIO) 4.6 out of 10 overall.

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

Overall: 4.6 / 10
Growth: 5.5 / 10
Valuation: 9.6 / 10
Risk: 3.2 / 10
Quality: 4.0 / 10
Return: 1.5 / 10

What is PIO's expense ratio? 0.75% a year

As of September 11, 2026, PIO charges 0.75% a year, yields 1.63% and holds $269M in assets across 40 positions.

Invesco Global Water ETF (PIO) — cost, income and size
Measure	PIO
Expense ratio	0.75%
Dividend yield	1.63%
Assets under management	$269M
Holdings	40

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 PIO's data

A global ETF focused on water-related businesses and infrastructure.

Its annual costs are unusually high for a sector fund.

The expense ratio is 0.75%, which is exceptionally high.

Adds targeted exposure to water utilities and technology within a global portfolio.

Why did PIO move this week? It fell 2.4% in the week to September 11, 2026 — Roper Technologies and Pentair drove it

PIO fell 2.4% in the week to September 11, 2026. The holdings that moved it most were Roper Technologies (−8.0%), Pentair (−5.7%) and Idexx Labs (−4.6%); CIA de Saneamento Basico DO Estado de SAO Paulo (+2.3%) pushed the other way.

What's inside PIO?

What's inside PIO: Size (Large 33%, Mid 50%, Small 17%); Geography (International 60%, US 41%); Tech 0.4%.

What are PIO's top holdings? The ten largest are 57% of the fund

Roper Technologies, Ecolab, CIA de Saneamento Basico DO Estado de SAO Paulo Sabesp, Pentair, Ebara, Waters, Geberit, Ferguson Enterprises, Veolia Environnement and Idexx Labs are PIO's largest holdings, in that order.

More concentrated than 62% of Thematic - Real Assets ETFs.

Half of PIO's weight sits in its 9 largest positions, and once those weights are taken into account it behaves like 22 equally weighted holdings.

Cite this

ETF Copilot, “Invesco Global Water ETF (PIO) scores and holdings analysis”, as of September 11, 2026.
https://etf-copilot.com/etf/pio