PHO vs MLPA
Comparison between INVESCO WATER RESOURCES ETF (PHO, ETF) and GLOBAL X MLP ETF (MLPA, ETF).
5-Year PerformanceMLPA has outperformed PHO, delivering a return of +18.2% compared to +4.4%
PHO vs MLPA - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
PHO
$2B
Winner
MLPA
$2.10B
Expense Ratio
Winner
PHO
0.59%
MLPA
0.77%
Max Drawdown
Winner
PHO
55.80%
MLPA
86.16%
Sharpe Ratio
PHO
-0.43
Winner
MLPA
1.38
5Y Beta
PHO
0.72
Winner
MLPA
0.38
P/E Ratio
PHO
25.96
Winner
MLPA
15.23
Forward P/E
PHO
20.03
Winner
MLPA
13.69
PEG Ratio
Winner
PHO
1.13
MLPA
1.27
5Y Dividends CAGR
Winner
PHO
18.97%
MLPA
2.97%
5Y EPS CAGR
Winner
PHO
11.88%
MLPA
11.27%
Debt to Equity
PHO
46.49%
MLPA
N/A
P/S Ratio
PHO
2.57
Winner
MLPA
0.76
P/B Ratio
PHO
3.66
Winner
MLPA
3.15
PHO vs MLPA - Holdings Comparison
PHO and MLPA have 0 common holdings. Overlap is 0.00%
PHO's top 25 holdings weight is 92.74%. MLPA's top 25 holdings weight is 100.04%.
| Rank | PHO | MLPA |
|---|---|---|
| #1 | ROPER TECHNOLOGIES INC (ROP) - 8.54% | ENERGY TRANSFER LP (ET) - 13.64% |
| #2 | ECOLAB INC (ECL) - 8.45% | ENTERPRISE PRODUCTS PARTNERS LP (EPD) - 11.92% |
| #3 | FERGUSON ENTERPRISES INC (FERG) - 6.82% | MPLX LP PARTNERSHIP UNITS (MPLX) - 11.28% |
| #4 | WATERS CORP (WAT) - 6.82% | PLAINS ALL AMERICAN PIPELINE LP (PAA) - 11.07% |
| #5 | IDEXX LABORATORIES INC (IDXX) - 6.50% | WESTERN MIDSTREAM PARTNERS LP (WES) - 10.21% |
| #6 | VERALTO CORP (VLTO) - 4.29% | SUNOCO LP (SUN) - 8.96% |
| #7 | AMERICAN WATER WORKS CO INC (AWK) - 4.24% | HESS MIDSTREAM LP CLASS A (HESM) - 8.71% |
| #8 | XYLEM INC (XYL) - 4.11% | CHENIERE ENERGY PARTNERS LP (CQP) - 6.29% |
| #9 | PENTAIR PLC (PNR) - 3.73% | USA COMPRESSION PARTNERS LP (USAC) - 5.20% |
| #10 | AGILENT TECHNOLOGIES INC (A) - 3.68% | GENESIS ENERGY LP (GEL) - 3.85% |
| #11 | IDEX CORP (IEX) - 3.59% | GLOBAL PARTNERS LP (GLP) - 3.51% |
| #12 | JACOBS SOLUTIONS INC (J) - 3.20% | SUBURBAN PROPANE PARTNERS LP (SPH) - 2.86% |
| #13 | ADVANCED DRAINAGE SYSTEMS INC (WMS) - 3.15% | DELEK LOGISTICS PARTNERS LP (DKL) - 2.54% |
| #14 | AECOM (ACM) - 2.82% | CROSSAMERICA PARTNERS LP (CAPL) - 0.00% |
| #15 | TRIMBLE INC (TRMB) - 2.73% | MARTIN MIDSTREAM PARTNERS LP (MMLP) - 0.00% |
| #16 | CORE & MAIN INC CLASS A (CNM) - 2.48% | NGL ENERGY PARTNERS LP (NGL) - 0.00% |
| #17 | A.O. SMITH CORP (AOS) - 2.46% | ONEOK INC (OKE) - 0.00% |
| #18 | TETRA TECH INC (TTEK) - 2.24% | STAR GROUP LP (SGU) - 0.00% |
| #19 | VALMONT INDUSTRIES INC (VMI) - 2.19% | SUMMIT MIDSTREAM CORP (SMC) - 0.00% |
| #20 | BENTLEY SYSTEMS INC ORDINARY SHARES CLASS B (BSY) - 2.09% | USD PARTNERS LP (USDP) - 0.00% |
| #21 | WATTS WATER TECHNOLOGIES INC CLASS A (WTS) - 2.01% | N/A |
| #22 | BADGER METER INC (BMI) - 1.99% | N/A |
| #23 | ITRON INC (ITRI) - 1.78% | N/A |
| #24 | MUELLER INDUSTRIES INC (MLI) - 1.67% | N/A |
| #25 | ZURN ELKAY WATER SOLUTIONS CORP (ZWS) - 1.16% | N/A |
| Total Holdings | 42 | 20 |
PHO vs MLPA - Historical Returns
Returns include dividend reinvestment.
1M
PHO
+1.49%
Winner
MLPA
+5.94%
3M
PHO
-2.99%
Winner
MLPA
+7.34%
6M
PHO
-8.21%
Winner
MLPA
+15.74%
1Y
PHO
-4.22%
Winner
MLPA
+21.65%
5Y(CAGR)
PHO
+4.44%
Winner
MLPA
+18.21%
10Y(CAGR)
Winner
PHO
+11.30%
MLPA
+6.31%
Max(CAGR)
Winner
PHO
+8.01%
MLPA
+4.57%
PHO vs MLPA - Annual Returns (2005 - 2026)
Returns include dividend reinvestment.
| Year | PHO | MLPA |
|---|---|---|
| 2026 | -4.30% | +20.13% |
| 2025 | +8.35% | +4.45% |
| 2024 | +9.45% | +19.28% |
| 2023 | +18.88% | +17.53% |
| 2022 | -13.39% | +23.15% |
| 2021 | +33.29% | +41.00% |
| 2020 | +20.69% | -34.46% |
| 2019 | +38.21% | +10.44% |
| 2018 | -6.42% | -17.42% |
| 2017 | +22.55% | -9.05% |
| 2016 | +15.29% | +18.73% |
| 2015 | -15.22% | -30.73% |
| 2014 | +0.50% | +5.13% |
| 2013 | +23.97% | +14.50% |
| 2012 | +21.89% | +0.68% |
| 2011 | -11.75% | N/A |
| 2010 | +10.95% | N/A |
| 2009 | +13.91% | N/A |
| 2008 | -31.50% | N/A |
| 2007 | +17.56% | N/A |
| 2006 | +20.64% | N/A |
| 2005 | -1.72% | N/A |
PHO vs MLPA Drawdown Comparison
The maximum drawdown for PHO was -55.62%, occurring on Mar 9, 2009. Recovery took 1170 trading sessions.
The maximum drawdown for MLPA was -78.70%, occurring on Mar 18, 2020. Recovery took 2394 trading sessions.
The current PHO drawdown is -8.99%.
| Rank | PHO | MLPA |
|---|---|---|
| #1 | -55.62% Jun 5, 2008 - Jan 29, 2013 | -78.70% Aug 29, 2014 - Mar 6, 2024 |
| #2 | -34.92% Feb 14, 2020 - Oct 7, 2020 | -14.20% Apr 2, 2025 - Jan 27, 2026 |
| #3 | -29.70% Jun 20, 2014 - Apr 25, 2017 | -10.39% May 2, 2012 - Aug 3, 2012 |
| #4 | -28.60% Dec 31, 2021 - Dec 19, 2023 | -8.71% Nov 29, 2024 - Jan 16, 2025 |
| #5 | -19.38% Oct 10, 2007 - May 30, 2008 | -8.04% Oct 17, 2012 - Jan 10, 2013 |
| #6 | -19.19% Dec 3, 2024 - Aug 12, 2025 | -7.73% May 19, 2026 - Jul 23, 2026 |
| #7 | -18.31% May 9, 2006 - Jan 31, 2007 | -6.40% Jul 22, 2024 - Nov 6, 2024 |
| #8 | -17.89% Sep 20, 2018 - Feb 13, 2019 | -5.55% Feb 20, 2025 - Mar 19, 2025 |
| #9 | -13.79% Oct 21, 2025 - May 19, 2026 | -5.49% Apr 3, 2024 - Jun 24, 2024 |
| #10 | -10.10% Jul 19, 2007 - Sep 19, 2007 | -5.31% Jul 15, 2013 - Feb 7, 2014 |
| #11 | -9.51% Jan 26, 2018 - Aug 6, 2018 | -5.21% Mar 26, 2026 - Apr 30, 2026 |
| #12 | -8.59% May 21, 2013 - Jul 15, 2013 | -4.64% May 21, 2013 - Jul 11, 2013 |
| #13 | -8.20% Sep 2, 2021 - Nov 12, 2021 | -3.62% Feb 5, 2025 - Feb 20, 2025 |
| #14 | -7.90% Feb 23, 2007 - Apr 20, 2007 | -3.22% Jul 1, 2014 - Aug 15, 2014 |
| #15 | -7.80% Mar 20, 2013 - May 17, 2013 | -2.30% Jan 21, 2025 - Jan 30, 2025 |
Correlation
Correlation between PHO and MLPA is 0.51 which considered as a moderate positive correlation - the stocks show some tendency to move together.
0.51
-101
Dividend Comparison (2005 - 2026)
PHO vs MLPA dividend yield comparison.
| Year | PHO | MLPA |
|---|---|---|
| 2026 | 0.34% | 3.58% |
| 2025 | 0.54% | 7.82% |
| 2024 | 0.45% | 7.25% |
| 2023 | 0.59% | 7.49% |
| 2022 | 0.49% | 7.30% |
| 2021 | 0.20% | 8.72% |
| 2020 | 0.39% | 13.84% |
| 2019 | 0.43% | 9.09% |
| 2018 | 0.46% | 10.00% |
| 2017 | 0.34% | 8.05% |
| 2016 | 0.47% | 7.15% |
| 2015 | 0.75% | 9.29% |
| 2014 | 0.59% | 5.80% |
| 2013 | 0.49% | 5.62% |
| 2012 | 0.87% | 4.50% |
| 2011 | 0.64% | 0.00% |
| 2010 | 0.54% | 0.00% |
| 2009 | 0.69% | 0.00% |
| 2008 | 0.55% | 0.00% |
| 2007 | 0.40% | 0.00% |
| 2006 | 0.82% | 0.00% |
| 2005 | 0.22% | 0.00% |
Select Stocks to Compare
Popular: PHO vs SPYMLPA vs SPY
More Comparisons
Compare with similar stocks
Compare PHO with:
Compare MLPA with:
Popular suggestions:
PIO vs PHO
INVESCO GLOBAL WATER ETF vs INVESCO WATER RESOURCES ETF
AMLP vs MLPA
ALERIAN MLP ETF vs GLOBAL X MLP ETF
MLPA vs DIA
GLOBAL X MLP ETF vs SPDR Dow Jones Industrial Average ETF
MLPA vs SCHD
GLOBAL X MLP ETF vs SCHWAB U.S. DIVIDEND EQUITY ETF
MLPA vs XLE
GLOBAL X MLP ETF vs STATE STREET(R) ENERGY SELECT SECTOR SPDR(R) ETF