CGW vs QAI
Comparison between INVESCO S&P GLOBAL WATER INDEX ETF (CGW, ETF) and NYLI HEDGE MULTI-STRATEGY TRACKER ETF (QAI, ETF).
5-Year PerformanceCGW has outperformed QAI, delivering a return of +5.2% compared to +4.5%
CGW vs QAI - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
CGW
$998M
QAI
$995M
Expense Ratio
Winner
CGW
0.58%
QAI
0.88%
Max Drawdown
CGW
61.08%
Winner
QAI
15.18%
Sharpe Ratio
CGW
0.20
Winner
QAI
1.67
5Y Beta
CGW
0.52
Winner
QAI
0.36
P/E Ratio
CGW
23.67
QAI
N/A
Forward P/E
CGW
20.02
QAI
N/A
PEG Ratio
CGW
1.07
QAI
N/A
5Y Dividends CAGR
Winner
CGW
11.92%
QAI
-0.30%
5Y EPS CAGR
CGW
14.97%
QAI
N/A
Debt to Equity
CGW
48.42%
QAI
N/A
P/S Ratio
CGW
3.19
QAI
N/A
P/B Ratio
CGW
2.94
QAI
N/A
CGW vs QAI - Holdings Comparison
CGW and QAI have 1 common holdings. Overlap is -1.33%
CGW's top 25 holdings weight is 81.42%. QAI's top 25 holdings weight is 96.89%.
| Rank | CGW | QAI |
|---|---|---|
| #1 | AMERICAN WATER WORKS CO INC (AWK) - 7.65% | ISHARES FLOATING RATE BOND ETF (FLOT) - 16.25% |
| #2 | XYLEM INC (XYL) - 7.26% | VANGUARD SHORT-TERM TREASURY ETF (VGSH) - 13.93% |
| #3 | n/a (n/a) - 6.88% | VANGUARD FTSE DEVELOPED MARKETS ETF (VEA) - 7.28% |
| #4 | ESSENTIAL UTILITIES INC (WTRG) - 5.69% | FRANKLIN SENIOR LOAN ETF (FLBL) - 6.48% |
| #5 | VERALTO CORP (VLTO) - 5.16% | ISHARES CORE S&P SMALL-CAP ETF (IJR) - 5.12% |
| #6 | UNITED UTILITIES GROUP PLC CLASS A (n/a) - 4.29% | STATE STREET® SPDR® BLMBG INVGRDFLTRTETF (FLRN) - 4.89% |
| #7 | ECOLAB INC (ECL) - 4.10% | ISHARES MSCI EMERGING MKTS EX CHINA ETF (EMXC) - 4.39% |
| #8 | SEVERN TRENT PLC (n/a) - 4.01% | ISHARES MSCI USA MOMENTUM FACTOR ETF (MTUM) - 3.99% |
| #9 | ADVANCED DRAINAGE SYSTEMS INC (WMS) - 3.48% | STATE STREET® SPDR® BLMBG CNVRT SECS ETF (CWB) - 3.64% |
| #10 | GEBERIT AG (n/a) - 3.41% | ISHARES CONVERTIBLE BOND ETF (ICVT) - 3.21% |
| #11 | WATTS WATER TECHNOLOGIES INC CLASS A (WTS) - 3.11% | NYLI MERGER ARBITRAGE ETF (MNA) - 2.92% |
| #12 | AMERICAN STATES WATER CO (AWR) - 2.53% | JPMORGAN EQUITY PREMIUM INCOME ETF (JEPI) - 2.70% |
| #13 | ZURN ELKAY WATER SOLUTIONS CORP (ZWS) - 2.44% | VANGUARD TAX-EXEMPT BOND ETF (VTEB) - 2.63% |
| #14 | CALIFORNIA WATER SERVICE GROUP (CWT) - 2.29% | ISHARES NATIONAL MUNI BOND ETF (MUB) - 2.58% |
| #15 | CORE & MAIN INC CLASS A (CNM) - 2.27% | GLOBAL X US PREFERRED ETF (PFFD) - 2.55% |
| #16 | KURITA WATER INDUSTRIES LTD (n/a) - 2.12% | IMGP DBI MANAGED FUTURES STRATEGY ETF (DBMF) - 2.12% |
| #17 | PENTAIR PLC (PNR) - 2.01% | INVESCO DB AGRICULTURE (DBA) - 1.95% |
| #18 | BELIMO HOLDING AG (n/a) - 1.95% | VANGUARD MORTGAGE-BACKED SECS ETF (VMBS) - 1.86% |
| #19 | H2O AMERICA (HTO) - 1.80% | INVESCO OPTM YD DVRS CDTY STRA NO K1 ETF (PDBC) - 1.57% |
| #20 | n/a (n/a) - 1.80% | STATE STREET® COMMSERVSELSECTSPDR®ETF (XLC) - 1.53% |
| #21 | SELECT WATER SOLUTIONS INC CLASS A (WTTR) - 1.69% | REC FLOT US LML (n/a) - 1.33% |
| #22 | n/a (n/a) - 1.50% | SIMPLIFY MANAGED FUTURES STRATEGY ETF (CTA) - 1.23% |
| #23 | n/a (MWA) - 1.35% | ALTSHARES MERGER ARBITRAGE ETF (ARB) - 1.10% |
| #24 | BADGER METER INC (BMI) - 1.32% | ISHARES MSCI CHINA ETF (MCHI) - 0.88% |
| #25 | FRANKLIN ELECTRIC CO INC (FELE) - 1.31% | FRANKLIN FTSE INDIA ETF (FLIN) - 0.76% |
| Total Holdings | 83 | 76 |
CGW vs QAI - Historical Returns
Returns include dividend reinvestment.
1M
Winner
CGW
+0.69%
QAI
+0.61%
3M
CGW
-0.14%
Winner
QAI
+6.69%
6M
CGW
-0.77%
Winner
QAI
+8.10%
1Y
CGW
+4.09%
Winner
QAI
+15.12%
5Y(CAGR)
Winner
CGW
+5.21%
QAI
+4.50%
10Y(CAGR)
Winner
CGW
+9.36%
QAI
+3.85%
Max(CAGR)
Winner
CGW
+7.13%
QAI
+3.55%
CGW vs QAI - Annual Returns (2007 - 2026)
Returns include dividend reinvestment.
| Year | CGW | QAI |
|---|---|---|
| 2026 | -1.01% | +7.71% |
| 2025 | +18.94% | +8.05% |
| 2024 | +5.72% | +6.75% |
| 2023 | +15.01% | +10.07% |
| 2022 | -21.44% | -8.52% |
| 2021 | +32.39% | -0.29% |
| 2020 | +15.09% | +5.14% |
| 2019 | +34.65% | +8.57% |
| 2018 | -10.29% | -3.67% |
| 2017 | +26.50% | +6.14% |
| 2016 | +7.75% | +1.06% |
| 2015 | -1.33% | -2.46% |
| 2014 | +4.94% | +3.23% |
| 2013 | +23.91% | +4.89% |
| 2012 | +18.86% | +3.23% |
| 2011 | -8.41% | +0.11% |
| 2010 | +13.20% | +1.44% |
| 2009 | +27.61% | +8.60% |
| 2008 | -39.60% | N/A |
| 2007 | +4.78% | N/A |
CGW vs QAI Drawdown Comparison
The maximum drawdown for CGW was -57.31%, occurring on Mar 9, 2009. Recovery took 1301 trading sessions.
The maximum drawdown for QAI was -14.95%, occurring on Oct 14, 2022. Recovery took 771 trading sessions.
The current CGW drawdown is -8.55%. The current QAI drawdown is -1.20%.
| Rank | CGW | QAI |
|---|---|---|
| #1 | -57.31% Oct 31, 2007 - Jan 2, 2013 | -14.95% Feb 17, 2021 - Mar 12, 2024 |
| #2 | -35.72% Feb 19, 2020 - Oct 12, 2020 | -14.11% Jan 17, 2020 - Aug 5, 2020 |
| #3 | -32.74% Dec 31, 2021 - May 15, 2024 | -7.78% Feb 18, 2025 - Jun 27, 2025 |
| #4 | -16.41% Jan 26, 2018 - Mar 18, 2019 | -7.67% Apr 16, 2015 - Oct 13, 2017 |
| #5 | -15.54% May 14, 2015 - Jun 1, 2016 | -7.20% May 13, 2013 - Dec 31, 2013 |
| #6 | -14.18% Sep 30, 2024 - May 15, 2025 | -6.59% Jan 26, 2018 - Oct 24, 2019 |
| #7 | -13.69% Jun 20, 2014 - May 14, 2015 | -6.46% Jan 6, 2010 - Sep 24, 2010 |
| #8 | -13.63% Jul 13, 2007 - Oct 12, 2007 | -4.67% Jul 3, 2014 - Feb 13, 2015 |
| #9 | -10.86% Feb 26, 2026 - May 19, 2026 | -4.54% Jul 10, 2012 - May 6, 2013 |
| #10 | -10.27% May 21, 2013 - Sep 11, 2013 | -4.16% Nov 4, 2010 - Apr 27, 2011 |
| #11 | -8.54% Sep 22, 2016 - Mar 17, 2017 | -3.71% Feb 25, 2026 - Apr 13, 2026 |
| #12 | -8.31% May 21, 2024 - Aug 23, 2024 | -3.65% Jul 22, 2011 - Oct 27, 2011 |
| #13 | -7.96% Sep 2, 2021 - Nov 12, 2021 | -3.45% Jul 16, 2024 - Aug 30, 2024 |
| #14 | -7.48% Jun 23, 2016 - Aug 11, 2016 | -3.26% Oct 27, 2011 - Feb 1, 2012 |
| #15 | -6.81% Oct 24, 2025 - Jan 15, 2026 | -3.09% Feb 28, 2012 - Jul 10, 2012 |
Correlation
Correlation between CGW and QAI is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.
0.96
-101
Dividend Comparison (2007 - 2025)
CGW vs QAI dividend yield comparison.
| Year | CGW | QAI |
|---|---|---|
| 2025 | 1.58% | 1.50% |
| 2024 | 2.27% | 2.22% |
| 2023 | 1.55% | 4.08% |
| 2022 | 1.45% | 2.00% |
| 2021 | 1.59% | 0.28% |
| 2020 | 1.41% | 1.98% |
| 2019 | 1.48% | 1.91% |
| 2018 | 2.14% | 1.90% |
| 2017 | 1.71% | 0.00% |
| 2016 | 1.65% | 0.00% |
| 2015 | 1.67% | 0.48% |
| 2014 | 1.77% | 1.34% |
| 2013 | 1.52% | 1.26% |
| 2012 | 2.03% | 1.11% |
| 2011 | 2.19% | 1.37% |
| 2010 | 2.01% | 1.51% |
| 2009 | 1.09% | 0.85% |
| 2008 | 8.77% | 0.00% |
| 2007 | 0.42% | 0.00% |
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