CGW vs SPY
Comparison between INVESCO S&P GLOBAL WATER INDEX ETF (CGW, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).
5-Year PerformanceSPY has outperformed CGW, delivering a return of +13.2% compared to +5.2%
CGW vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
CGW
$998M
Winner
SPY
$784B
Expense Ratio
CGW
0.58%
Winner
SPY
0.09%
Max Drawdown
CGW
61.08%
Winner
SPY
56.47%
Sharpe Ratio
CGW
0.20
Winner
SPY
1.54
5Y Beta
Winner
CGW
0.52
SPY
1.00
P/E Ratio
Winner
CGW
23.67
SPY
27.62
Forward P/E
Winner
CGW
20.02
SPY
21.11
PEG Ratio
CGW
1.07
SPY
N/A
5Y Dividends CAGR
Winner
CGW
11.92%
SPY
6.00%
5Y EPS CAGR
CGW
14.97%
Winner
SPY
25.30%
Debt to Equity
CGW
48.42%
Winner
SPY
31.11%
P/S Ratio
Winner
CGW
3.19
SPY
3.49
P/B Ratio
Winner
CGW
2.94
SPY
5.30
CGW vs SPY - Holdings Comparison
CGW and SPY have 6 common holdings. Overlap is 0.24%
CGW's top 25 holdings weight is 81.42%. SPY's top 25 holdings weight is 51.24%.
| Rank | CGW | SPY |
|---|---|---|
| #1 | AMERICAN WATER WORKS CO INC (AWK) - 7.65% | NVIDIA CORP (NVDA) - 7.81% |
| #2 | XYLEM INC (XYL) - 7.26% | APPLE INC (AAPL) - 6.81% |
| #3 | n/a (n/a) - 6.88% | MICROSOFT CORP (MSFT) - 4.53% |
| #4 | ESSENTIAL UTILITIES INC (WTRG) - 5.69% | AMAZON.COM INC (AMZN) - 3.72% |
| #5 | VERALTO CORP (VLTO) - 5.16% | ALPHABET INC CLASS A (GOOGL) - 3.39% |
| #6 | UNITED UTILITIES GROUP PLC CLASS A (n/a) - 4.29% | BROADCOM INC (AVGO) - 2.77% |
| #7 | ECOLAB INC (ECL) - 4.10% | ALPHABET INC CLASS C (GOOG) - 2.72% |
| #8 | SEVERN TRENT PLC (n/a) - 4.01% | META PLATFORMS INC CLASS A (META) - 2.03% |
| #9 | ADVANCED DRAINAGE SYSTEMS INC (WMS) - 3.48% | MICRON TECHNOLOGY INC (MU) - 1.78% |
| #10 | GEBERIT AG (n/a) - 3.41% | TESLA INC (TSLA) - 1.76% |
| #11 | WATTS WATER TECHNOLOGIES INC CLASS A (WTS) - 3.11% | BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 1.41% |
| #12 | AMERICAN STATES WATER CO (AWR) - 2.53% | JPMORGAN CHASE & CO (JPM) - 1.38% |
| #13 | ZURN ELKAY WATER SOLUTIONS CORP (ZWS) - 2.44% | ELI LILLY AND CO (LLY) - 1.38% |
| #14 | CALIFORNIA WATER SERVICE GROUP (CWT) - 2.29% | ADVANCED MICRO DEVICES INC (AMD) - 1.28% |
| #15 | CORE & MAIN INC CLASS A (CNM) - 2.27% | EXXON MOBIL CORP (XOM) - 0.92% |
| #16 | KURITA WATER INDUSTRIES LTD (n/a) - 2.12% | JOHNSON & JOHNSON (JNJ) - 0.88% |
| #17 | PENTAIR PLC (PNR) - 2.01% | VISA INC CLASS A (V) - 0.87% |
| #18 | BELIMO HOLDING AG (n/a) - 1.95% | INTEL CORP (INTC) - 0.85% |
| #19 | H2O AMERICA (HTO) - 1.80% | WALMART INC (WMT) - 0.82% |
| #20 | n/a (n/a) - 1.80% | CISCO SYSTEMS INC (CSCO) - 0.73% |
| #21 | SELECT WATER SOLUTIONS INC CLASS A (WTTR) - 1.69% | LAM RESEARCH CORP (LRCX) - 0.71% |
| #22 | n/a (n/a) - 1.50% | APPLIED MATERIALS INC (AMAT) - 0.70% |
| #23 | n/a (MWA) - 1.35% | CATERPILLAR INC (CAT) - 0.68% |
| #24 | BADGER METER INC (BMI) - 1.32% | COSTCO WHOLESALE CORP (COST) - 0.68% |
| #25 | FRANKLIN ELECTRIC CO INC (FELE) - 1.31% | MASTERCARD INC CLASS A (MA) - 0.63% |
| Total Holdings | 83 | 505 |
CGW vs SPY - Historical Returns
Returns include dividend reinvestment.
1M
Winner
CGW
+0.69%
SPY
-1.37%
3M
CGW
-0.14%
Winner
SPY
+12.22%
6M
CGW
-0.77%
Winner
SPY
+7.20%
1Y
CGW
+4.09%
Winner
SPY
+23.58%
5Y(CAGR)
CGW
+5.21%
Winner
SPY
+13.19%
10Y(CAGR)
CGW
+9.36%
Winner
SPY
+15.12%
Max(CAGR)
CGW
+7.13%
Winner
SPY
+8.44%
CGW vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | CGW | SPY |
|---|---|---|
| 2026 | -1.01% | +7.95% |
| 2025 | +18.94% | +18.00% |
| 2024 | +5.72% | +25.59% |
| 2023 | +15.01% | +26.72% |
| 2022 | -21.44% | -18.64% |
| 2021 | +32.39% | +30.52% |
| 2020 | +15.09% | +17.28% |
| 2019 | +34.65% | +31.09% |
| 2018 | -10.29% | -5.24% |
| 2017 | +26.50% | +20.78% |
| 2016 | +7.75% | +13.59% |
| 2015 | -1.33% | +1.31% |
| 2014 | +4.94% | +14.56% |
| 2013 | +23.91% | +29.00% |
| 2012 | +18.86% | +14.17% |
| 2011 | -8.41% | +0.85% |
| 2010 | +13.20% | +13.14% |
| 2009 | +27.61% | +22.67% |
| 2008 | -39.60% | -36.25% |
| 2007 | +4.78% | +5.32% |
| 2006 | N/A | +13.85% |
| 2005 | N/A | +5.32% |
| 2004 | N/A | +10.75% |
| 2003 | N/A | +24.18% |
| 2002 | N/A | -22.42% |
| 2001 | N/A | -10.13% |
| 2000 | N/A | -8.84% |
| 1999 | N/A | +8.61% |
CGW vs SPY Drawdown Comparison
The maximum drawdown for CGW was -57.31%, occurring on Mar 9, 2009. Recovery took 1301 trading sessions.
The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.
The current CGW drawdown is -8.55%. The current SPY drawdown is -3.18%.
| Rank | CGW | SPY |
|---|---|---|
| #1 | -57.31% Oct 31, 2007 - Jan 2, 2013 | -55.20% Oct 9, 2007 - Aug 16, 2012 |
| #2 | -35.72% Feb 19, 2020 - Oct 12, 2020 | -47.50% Mar 24, 2000 - Oct 26, 2006 |
| #3 | -32.74% Dec 31, 2021 - May 15, 2024 | -33.70% Feb 19, 2020 - Aug 10, 2020 |
| #4 | -16.41% Jan 26, 2018 - Mar 18, 2019 | -24.50% Jan 3, 2022 - Dec 13, 2023 |
| #5 | -15.54% May 14, 2015 - Jun 1, 2016 | -19.34% Sep 20, 2018 - Apr 12, 2019 |
| #6 | -14.18% Sep 30, 2024 - May 15, 2025 | -18.76% Feb 19, 2025 - Jun 26, 2025 |
| #7 | -13.69% Jun 20, 2014 - May 14, 2015 | -13.02% Jul 20, 2015 - Apr 18, 2016 |
| #8 | -13.63% Jul 13, 2007 - Oct 12, 2007 | -10.10% Jan 26, 2018 - Aug 6, 2018 |
| #9 | -10.86% Feb 26, 2026 - May 19, 2026 | -9.44% Sep 2, 2020 - Nov 11, 2020 |
| #10 | -10.27% May 21, 2013 - Sep 11, 2013 | -9.30% Jan 19, 2000 - Mar 17, 2000 |
| #11 | -8.54% Sep 22, 2016 - Mar 17, 2017 | -9.05% Jul 19, 2007 - Oct 5, 2007 |
| #12 | -8.31% May 21, 2024 - Aug 23, 2024 | -8.88% Jan 27, 2026 - Apr 14, 2026 |
| #13 | -7.96% Sep 2, 2021 - Nov 12, 2021 | -8.41% Jul 16, 2024 - Sep 19, 2024 |
| #14 | -7.48% Jun 23, 2016 - Aug 11, 2016 | -7.35% Sep 14, 2012 - Jan 2, 2013 |
| #15 | -6.81% Oct 24, 2025 - Jan 15, 2026 | -7.27% Sep 18, 2014 - Oct 31, 2014 |
Correlation
Correlation between CGW and SPY is 0.98 which considered as a very strong positive correlation - the stocks move almost identically together.
0.98
-101
Dividend Comparison (1999 - 2026)
CGW vs SPY dividend yield comparison.
| Year | CGW | SPY |
|---|---|---|
| 2026 | 0.00% | 0.50% |
| 2025 | 1.58% | 1.07% |
| 2024 | 2.27% | 1.21% |
| 2023 | 1.55% | 1.40% |
| 2022 | 1.45% | 1.65% |
| 2021 | 1.59% | 1.20% |
| 2020 | 1.41% | 1.52% |
| 2019 | 1.48% | 1.75% |
| 2018 | 2.14% | 2.04% |
| 2017 | 1.71% | 1.80% |
| 2016 | 1.65% | 2.03% |
| 2015 | 1.67% | 2.06% |
| 2014 | 1.77% | 1.87% |
| 2013 | 1.52% | 1.81% |
| 2012 | 2.03% | 2.18% |
| 2011 | 2.19% | 2.05% |
| 2010 | 2.01% | 1.80% |
| 2009 | 1.09% | 1.95% |
| 2008 | 8.77% | 3.02% |
| 2007 | 0.42% | 1.85% |
| 2006 | 0.00% | 1.73% |
| 2005 | 0.00% | 1.73% |
| 2004 | 0.00% | 1.82% |
| 2003 | 0.00% | 1.47% |
| 2002 | 0.00% | 1.70% |
| 2001 | 0.00% | 1.25% |
| 2000 | 0.00% | 1.15% |
| 1999 | 0.00% | 0.24% |
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