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 06/13/24

Inception Date 04/08/21
Total Expense Ratio 0.50%
Net Assets $10.12 million
NAV $17.45
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 06/13/24

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 06/13/24

30-Day SEC Yield 1.34%
Distribution Frequency Semi-Annually

ETF Prices As of 06/13/24

NAV $17.45 Daily Change $0.05 0.29%
Market Price $17.44 Daily Change $0.08 0.46%

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 22.73% 22.51% 23.33%
3 Years 4.90% 4.75% 5.27%
Since Inception 6.55% 6.51% 6.92%
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 7.65% 7.33% 7.89%
1 Month 3.05% 3.23% 3.10%
3 Months 4.27% 4.52% 4.43%
Since Inception 22.10% 21.95% 23.45%

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 06/13/24

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
8.99 ECL ECOLAB INC 2304227 241.53 3,768 910,085.04
8.53 XYL XYLEM INC B3P2CN8 140.67 6,135 863,010.45
7.97 AWK AMERICAN WATER W B2R3PV1 129.22 6,241 806,462.02
7.89 FERG FERGUSON PLC BKB0C57 207.60 3,845 798,222.00
6.66 PNR PENTAIR PLC BLS09M3 78.90 8,544 674,121.60
4.89 CNM CORE & MAIN INC-CLASS A BNXKS92 51.05 9,694 494,878.70
4.52 WMS ADVANCED DRAINAG BP7RS59 174.01 2,628 457,298.28
4.41 WTRG ESSENTIAL UTILITIES INC BLCF3J9 36.95 12,083 446,466.85
4.39 UU/ LN UNITED UTILITIES B39J2M4 13.41 33,106 443,991.48
4.36 AOS SMITH (A.O.) CORP 2816023 83.67 5,279 441,693.93
4.33 SVT LN SEVERN TRENT PLC B1FH8J7 32.17 13,630 438,498.66
3.12 BMI BADGER METER INC 2069128 188.82 1,675 316,273.50
2.95 WTS WATTS WATER TE-A 2943620 192.09 1,553 298,315.77
2.67 SBSP3 BZ SABESP B1YCHL8 13.78 19,594 270,100.73
2.53 ZWS Zurn Elkay Water Solution BMV1ZD3 31.18 8,206 255,863.08
2.41 6370 JP KURITA WATER IND 6497963 42.84 5,699 244,120.94
2.18 FELE FRANKLIN ELECTRIC CO INC 2350383 97.35 2,270 220,984.50
1.56 CWT CALIF WATER SRVC 2165383 47.96 3,283 157,452.68
1.54 MWA MUELLER WATER-A B15RZR4 17.68 8,802 155,619.36
1.46 AWR AMERICAN STATES WATER CO 2267171 70.41 2,092 147,297.72
1.22 021240 KS COWAY CO LTD 6173401 40.11 3,083 123,647.63
1.21 RWC AU RELIANCE WORLDWI BD1DM79 3.19 38,455 122,819.45
0.95 270 HK GUANGDONG INVESTMENT LTD 6913168 0.59 163,100 96,270.39
0.90 KIT SP KEPPEL INFRASTRU B1P31B8 0.34 267,618 91,218.76
0.84 SJW SJW GROUP 2811932 51.68 1,654 85,478.72
0.82 600008 C1 BEIJING CAPITA-A BP3R7K1 0.38 220,000 82,941.76
0.75 6368 JP ORGANO CORP 6470522 52.83 1,436 75,860.70
0.74 000598 C2 CHENGDU XINGRO-A BD5CJV5 1.06 70,500 74,887.00
0.71 371 HK BJ ENT WATER B01YCG0 0.32 223,740 71,331.41
0.68 300070 C2 BEIJING ORIGIN-A BD5CNZ7 0.62 110,600 68,480.62
0.50 MSEX MIDDLESEX WATER CO 2589466 52.01 980 50,969.80
0.41 ERII ENERGY RECOVERY INC B3B5J07 13.44 3,093 41,569.92
0.40 RAHH MK RANHILL UTILITIES BHD BD0CP78 0.35 117,384 40,644.91
0.39 6254 JP NOMURA MICRO SCI B248ZF3 29.54 1,336 39,460.63
0.39 CSMG3 BZ COPASA MG - ORD B0YBZJ2 3.62 10,885 39,431.25
0.39 AWPT AB ALKHORAYEF WATER BN33QN1 48.19 812 39,128.36
0.29 YORW YORK WATER CO 2425292 36.37 793 28,841.41
0.28 300774 C2 BGT GROUP CO LTD-A BNHPRG3 0.98 29,300 28,583.40
0.26 OTHER PAYABLE & RECEIVABLES 1.00 26,641 26,641.10
0.26 ARTNA ARTESIAN RES-A 2418258 34.68 768 26,634.24
0.23 CWCO CONS WATER CO-OR 2099095 25.19 922 23,225.18
0.04 CASH 1.00 3,666 3,665.80
0.00 JAPANESE YEN 0.01 -2 -0.01
Holdings are subject to change. "Cash" denotes U.S. dollars.

Exposure As of 05/31/24

Sector Weight (%)
Industrials 53.4
Utilities 33.6
Materials 8.6
Information Technology 3.2
Consumer Discretionary 1.2

Source: new windowAltaVista Research, LLC

Industry Weight (%)
Water Utilities 29.8
Industrial Machinery 22.0
Miscellaneous Manufacturing 14.9
Wholesale Distributors 13.6
Chemicals: Specialty 8.8
Building Products 5.7
Environmental Services 1.4
Electronics/Appliances 1.3
Industrial Conglomerates 0.9
Gas Distributors 0.9
Electrical Products 0.4
Other 0.3

Source: new windowAltaVista Research, LLC

Country Weight (%)
United States 62.2
Britain 22.9
Japan 3.6
Brazil 3.1
China 2.6
Hong Kong 1.6
South Korea 1.2
Australia 1.2
Singapore 0.9
Saudi Arabia 0.3
Cayman Islands 0.3
Other 0.1

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 06/13/24

Return on Equity 14.80%
Weighted Avg. Market Cap 18,196 M
2023 2024
Price-to-earnings 24.28 21.24
Price-to-book value 3.28 3.01

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 05/31/24

Versus Beta
S&P 500 1.05
NASDAQ-100 0.75
MSCI EAFE 1.01
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.