AQWA


Clean Water ETF

Reasons to Consider AQWA

High Growth Potential

The global water and wastewater treatment market is expected to pass $328bn in 2023. Forecasts suggest it could reach over $575bn by 2032.1

Global Tailwinds

Despite its apparent abundance, freshwater is a scarce and finite resource. As the global population grows, investment in clean water technologies may be essential to sustaining and improving standards of living.

Unconstrained Approach

Clean water is a dynamic theme, supporting a long-term challenge of providing safe and accessible water sources. AQWA invests accordingly, with global exposure across multiple sectors and industries.

1Precedence Research, Jul 2023

Key Information As of 05/28/24

Inception Date 04/08/21
Total Expense Ratio 0.50%
Net Assets $10.11 million
NAV $17.43
Fact Sheet View the document

ETF Summary

The Global X Clean Water ETF (AQWA) seeks to invest in companies advancing the provision of clean water through industrial water treatment, storage and distribution infrastructure, as well as purification and efficiency strategies, among other activities.

ETF Objective

The Global X Clean Water ETF (AQWA) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Clean Water Industry Index.

Trading Details As of 05/28/24

Ticker AQWA
Bloomberg Index Ticker SOLAQWA
CUSIP 37954Y186
ISIN US37954Y1863
Primary Exchange Nasdaq
Shares Outstanding 580,000
Number of Holdings 40
30-Day Median Bid-Ask Spread 0.44%

Distributions As of 05/28/24

30-Day SEC Yield 1.24%
Distribution Frequency Semi-Annually

ETF Prices As of 05/28/24

NAV $17.43 Daily Change -$0.35 -1.97%
Market Price $17.38 Daily Change -$0.38 -2.14%

Performance History

As of recent
(03/31/24)
As of recent
(03/31/24)
Fund NAV Market Price Index
1 Year 21.59% 21.77% 22.09%
Since Inception 6.76% 6.74% 7.13%
1 Year 18.05% 18.02% 18.60%
3 Years 4.74% 4.59% 5.09%
Since Inception 5.69% 5.59% 6.06%
Year-to-Date 7.16% 6.91% 7.30%
1 Month 3.80% 4.11% 3.85%
3 Months 7.16% 6.91% 7.30%
Since Inception 21.54% 21.47% 22.77%
Year-to-Date 4.47% 3.97% 4.65%
1 Month -2.51% -2.74% -2.47%
3 Months 7.91% 7.73% 8.06%
Since Inception 18.49% 18.13% 19.74%

Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.

Top Holdings As of 05/28/24

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
8.52 ECL ECOLAB INC 2304227 228.90 3,762 861,121.80
8.52 XYL XYLEM INC B3P2CN8 140.36 6,135 861,108.60
7.79 FERG FERGUSON PLC BKB0C57 205.39 3,836 787,876.04
7.79 AWK AMERICAN WATER W B2R3PV1 126.24 6,241 787,863.84
6.67 PNR PENTAIR PLC BLS09M3 78.95 8,544 674,548.80
5.60 CNM CORE & MAIN INC-CLASS A BNXKS92 58.57 9,664 566,020.48
4.48 WMS ADVANCED DRAINAG BP7RS59 172.42 2,628 453,119.76
4.35 WTRG ESSENTIAL UTILITIES INC BLCF3J9 36.53 12,045 440,003.85
4.31 AOS SMITH (A.O.) CORP 2816023 82.54 5,279 435,728.66
4.11 SVT LN SEVERN TRENT PLC B1FH8J7 30.47 13,630 415,362.94
4.11 UU/ LN UNITED UTILITIES B39J2M4 12.54 33,106 415,310.82
3.25 BMI BADGER METER INC 2069128 196.03 1,675 328,350.25
3.10 WTS WATTS WATER TE-A 2943620 203.11 1,545 313,804.95
2.79 SBSP3 BZ SABESP B1YCHL8 14.47 19,494 281,991.65
2.54 ZWS Zurn Elkay Water Solution BMV1ZD3 31.29 8,206 256,765.74
2.40 6370 JP KURITA WATER IND 6497963 42.55 5,699 242,501.36
2.20 FELE FRANKLIN ELECTRIC CO INC 2350383 98.03 2,270 222,528.10
1.60 MWA MUELLER WATER-A B15RZR4 18.38 8,802 161,780.76
1.59 CWT CALIF WATER SRVC 2165383 48.98 3,283 160,801.34
1.49 AWR AMERICAN STATES WATER CO 2267171 71.95 2,092 150,519.40
1.26 021240 KS COWAY CO LTD 6173401 41.22 3,083 127,073.20
1.24 RWC AU RELIANCE WORLDWI BD1DM79 3.25 38,455 124,791.50
0.97 270 HK GUANGDONG INVESTMENT LTD 6913168 0.60 163,100 97,519.62
0.90 KIT SP KEPPEL INFRASTRU B1P31B8 0.34 267,618 91,330.43
0.89 600008 C1 BEIJING CAPITA-A BP3R7K1 0.41 220,000 89,956.01
0.89 SJW SJW GROUP 2811932 54.28 1,654 89,779.12
0.78 6368 JP ORGANO CORP 6470522 54.96 1,436 78,920.72
0.74 371 HK BJ ENT WATER B01YCG0 0.34 223,740 75,052.66
0.72 000598 C2 CHENGDU XINGRO-A BD5CJV5 1.03 70,500 72,309.68
0.71 300070 C2 BEIJING ORIGIN-A BD5CNZ7 0.65 110,600 71,717.82
0.50 MSEX MIDDLESEX WATER CO 2589466 51.14 980 50,117.20
0.42 CSMG3 BZ COPASA MG - ORD B0YBZJ2 3.93 10,885 42,808.73
0.42 ERII ENERGY RECOVERY INC B3B5J07 13.80 3,093 42,683.40
0.41 6254 JP NOMURA MICRO SCI B248ZF3 30.64 1,336 40,928.82
0.34 AWPT AB ALKHORAYEF WATER BN33QN1 41.81 812 33,947.90
0.33 RAHH MK RANHILL UTILITIES BHD BD0CP78 0.29 117,384 33,761.58
0.31 300774 C2 BGT GROUP CO LTD-A BNHPRG3 1.07 29,300 31,262.26
0.29 YORW YORK WATER CO 2425292 36.28 793 28,770.04
0.26 ARTNA ARTESIAN RES-A 2418258 34.52 768 26,511.36
0.24 CWCO CONS WATER CO-OR 2099095 26.64 922 24,562.08
0.15 OTHER PAYABLE & RECEIVABLES 1.00 15,048 15,048.39
0.03 CASH 1.00 2,496 2,495.59
0.00 JAPANESE YEN 0.01 -2 -0.01
Holdings are subject to change. "Cash" denotes U.S. dollars.

Exposure As of 04/30/24

Sector Weight (%)
Industrials 53.3
Utilities 33.7
Materials 8.6
Information Technology 3.1
Consumer Discretionary 1.3

Source: new windowAltaVista Research, LLC

Industry Weight (%)
Water Utilities 30.2
Industrial Machinery 21.5
Miscellaneous Manufacturing 14.3
Wholesale Distributors 14.1
Chemicals: Specialty 8.8
Building Products 5.9
Environmental Services 1.4
Electronics/Appliances 1.3
Gas Distributors 1.0
Industrial Conglomerates 0.8
Electrical Products 0.5
Other 0.2

Source: new windowAltaVista Research, LLC

Country Weight (%)
United States 61.1
Britain 23.7
Brazil 3.5
Japan 3.4
China 2.8
Hong Kong 1.4
Australia 1.3
South Korea 1.3
Singapore 1.0
Saudi Arabia 0.4
Cayman Islands 0.2

Source: new windowAltaVista Research, LLC

All Sector, Industry and Geographic breakdowns, where provided, are based on equity positions held by the ETF and exclude cash, currencies, and other holdings.

ETF Characteristics As of 05/28/24

Return on Equity 14.60%
Weighted Avg. Market Cap 17,997 M
2023 2024
Price-to-earnings 24.18 21.43
Price-to-book value 3.27 3.00

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 04/30/24

Versus Beta
S&P 500 1.05
NASDAQ-100 0.75
MSCI EAFE 1.02
MSCI Emg. Mkts 0.70
Standard Deviation 19.90%

Source: new windowAltaVista Research, LLC

ETF Research

Investing involves risk, including the possible loss of principal. The investable universe of companies in which AQWA may invest may be limited. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. Clean Water Companies typically face intense competition, short product lifecycles and potentially rapid product obsolescence. Clean Water Companies are subject to significant regulation regarding the usage, treatment, and distribution of water. Clean Water Companies may also be adversely affected by the impact of global climate change on the available supply of clean water reserves. AQWA is non-diversified.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. The market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share, and do not represent the returns you would receive if you traded shares at other times. NAVs are calculated using prices as of 4:00 PM Eastern Time. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.

Since the Fund’s shares did not trade in the secondary market until several days after the Fund’s inception, for the period from inception to the first day of secondary market trading in Shares, the NAV of the Fund is used to calculate market returns.

Carefully consider the Fund’s investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Fund’s summary or full prospectuses. Please read the prospectus carefully before investing.

Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments. Global X Funds are not sponsored, endorsed, issued, sold or promoted by Solactive AG, nor does Solactive AG make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO, Global X nor Mirae Asset Global Investments are affiliated with Solactive AG.