PIO vs KBWP
Comparison between INVESCO GLOBAL WATER ETF (PIO, ETF) and INVESCO KBW PROPERTY & CASUALTY INSURANCE ETF (KBWP, ETF).
5-Year PerformanceKBWP has outperformed PIO, delivering a return of +13.3% compared to +2.2%
PIO vs KBWP - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
PIO
$273M
KBWP
$273M
Expense Ratio
PIO
0.75%
Winner
KBWP
0.35%
Max Drawdown
PIO
65.37%
Winner
KBWP
40.31%
Sharpe Ratio
PIO
-0.10
Winner
KBWP
0.61
5Y Beta
PIO
0.74
Winner
KBWP
0.30
P/E Ratio
PIO
24.83
Winner
KBWP
10.86
Forward P/E
PIO
21.48
Winner
KBWP
12.23
PEG Ratio
PIO
0.63
Winner
KBWP
0.18
5Y Dividends CAGR
Winner
PIO
10.89%
KBWP
9.21%
5Y EPS CAGR
PIO
N/A
KBWP
17.99%
Debt to Equity
PIO
44.38%
Winner
KBWP
39.79%
P/S Ratio
PIO
3.48
Winner
KBWP
1.61
P/B Ratio
PIO
3.62
Winner
KBWP
2.07
PIO vs KBWP - Holdings Comparison
PIO and KBWP have 2 common holdings. Overlap is 0.08%
PIO's top 25 holdings weight is 92.07%. KBWP's top 25 holdings weight is 100.00%.
| Rank | PIO | KBWP |
|---|---|---|
| #1 | ROPER TECHNOLOGIES INC (ROP) - 9.75% | THE TRAVELERS COMPANIES INC (TRV) - 8.60% |
| #2 | ECOLAB INC (ECL) - 8.69% | MARSH (MRSH) - 8.20% |
| #3 | PENTAIR PLC (PNR) - 7.21% | PROGRESSIVE CORP (PGR) - 7.91% |
| #4 | EBARA CORP (n/a) - 6.02% | AON PLC CLASS A (AON) - 7.64% |
| #5 | COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO (n/a) - 5.52% | CHUBB LTD (CB) - 7.58% |
| #6 | WATERS CORP (WAT) - 4.22% | WILLIS TOWERS WATSON PLC (WTW) - 4.66% |
| #7 | GEBERIT AG (n/a) - 4.19% | ARTHUR J. GALLAGHER & CO (AJG) - 4.44% |
| #8 | FERGUSON ENTERPRISES INC (FERG) - 4.19% | BROWN & BROWN INC (BRO) - 4.41% |
| #9 | IDEXX LABORATORIES INC (IDXX) - 3.89% | ALLSTATE CORP (ALL) - 4.37% |
| #10 | VEOLIA ENVIRONNEMENT SA (n/a) - 3.82% | ARCH CAPITAL GROUP LTD (ACGL) - 3.82% |
| #11 | AGILENT TECHNOLOGIES INC (A) - 3.18% | WR BERKLEY CORP (WRB) - 3.80% |
| #12 | COMPANIA DE SANEAMENTO DE MINAS GERAIS COPASA MG (n/a) - 3.10% | THE HARTFORD INSURANCE GROUP INC (HIG) - 3.75% |
| #13 | AMERICAN WATER WORKS CO INC (AWK) - 2.96% | EVEREST GROUP LTD (EG) - 3.71% |
| #14 | XYLEM INC (XYL) - 2.89% | CINCINNATI FINANCIAL CORP (CINF) - 3.71% |
| #15 | STANTEC INC (STN) - 2.50% | ASSURANT INC (AIZ) - 3.55% |
| #16 | VERALTO CORP (VLTO) - 2.35% | AMERICAN INTERNATIONAL GROUP INC (AIG) - 3.53% |
| #17 | UNITED UTILITIES GROUP PLC CLASS A (n/a) - 2.34% | RENAISSANCERE HOLDINGS LTD (RNR) - 3.48% |
| #18 | HALMA PLC (n/a) - 2.28% | AMERICAN FINANCIAL GROUP INC (AFG) - 3.07% |
| #19 | GEA GROUP AG (n/a) - 2.16% | THE HANOVER INSURANCE GROUP INC (THG) - 1.97% |
| #20 | BELIMO HOLDING AG (n/a) - 1.96% | AXIS CAPITAL HOLDINGS LTD (AXS) - 1.87% |
| #21 | SEVERN TRENT PLC (n/a) - 1.95% | RLI CORP (RLI) - 1.52% |
| #22 | COWAY (n/a) - 1.85% | MERCURY GENERAL CORP (MCY) - 1.49% |
| #23 | IDEX CORP (IEX) - 1.81% | RYAN SPECIALTY HOLDINGS INC CLASS A (RYAN) - 1.41% |
| #24 | KURITA WATER INDUSTRIES LTD (n/a) - 1.71% | SELECTIVE INSURANCE GROUP INC (SIGI) - 1.39% |
| #25 | GEORG FISCHER AG (n/a) - 1.53% | INVESCO SHRT-TRM INV GOV&AGCY INSTL (AGPXX) - 0.12% |
| Total Holdings | 49 | 26 |
PIO vs KBWP - Historical Returns
Returns include dividend reinvestment.
1M
Winner
PIO
+1.96%
KBWP
+1.03%
3M
PIO
+3.25%
Winner
KBWP
+13.50%
6M
PIO
-6.43%
Winner
KBWP
+11.56%
1Y
PIO
+0.69%
Winner
KBWP
+14.91%
5Y(CAGR)
PIO
+2.20%
Winner
KBWP
+13.27%
10Y(CAGR)
PIO
+8.61%
Winner
KBWP
+12.94%
Max(CAGR)
PIO
+4.48%
Winner
KBWP
+13.73%
PIO vs KBWP - Annual Returns (2007 - 2026)
Returns include dividend reinvestment.
| Year | PIO | KBWP |
|---|---|---|
| 2026 | +2.04% | +10.30% |
| 2025 | +14.88% | +12.19% |
| 2024 | +0.77% | +28.79% |
| 2023 | +21.34% | +6.85% |
| 2022 | -23.40% | +10.93% |
| 2021 | +26.12% | +23.29% |
| 2020 | +13.96% | -1.94% |
| 2019 | +35.07% | +30.22% |
| 2018 | -9.66% | -0.62% |
| 2017 | +26.39% | +9.12% |
| 2016 | +1.84% | +22.06% |
| 2015 | -7.16% | +16.27% |
| 2014 | +2.10% | +12.15% |
| 2013 | +28.16% | +32.29% |
| 2012 | +14.11% | +24.21% |
| 2011 | -21.57% | -0.75% |
| 2010 | +9.36% | -0.04% |
| 2009 | +36.58% | N/A |
| 2008 | -44.55% | N/A |
| 2007 | +0.08% | N/A |
PIO vs KBWP Drawdown Comparison
The maximum drawdown for PIO was -64.88%, occurring on Mar 9, 2009. Recovery took 1661 trading sessions.
The maximum drawdown for KBWP was -39.74%, occurring on Mar 23, 2020. Recovery took 269 trading sessions.
The current PIO drawdown is -6.65%. The current KBWP drawdown is -2.47%.
| Rank | PIO | KBWP |
|---|---|---|
| #1 | -64.88% Oct 31, 2007 - Jun 9, 2014 | -39.74% Feb 11, 2020 - Mar 8, 2021 |
| #2 | -35.76% Feb 19, 2020 - Sep 2, 2020 | -19.06% Apr 29, 2011 - Feb 3, 2012 |
| #3 | -34.27% Dec 29, 2021 - Mar 28, 2024 | -17.01% Apr 1, 2022 - Nov 25, 2022 |
| #4 | -26.33% May 21, 2015 - Sep 8, 2017 | -16.57% Sep 21, 2018 - Apr 11, 2019 |
| #5 | -17.09% May 15, 2024 - May 15, 2025 | -13.35% Feb 7, 2023 - Nov 22, 2023 |
| #6 | -16.95% Jan 22, 2018 - Mar 13, 2019 | -12.29% Nov 27, 2024 - Apr 1, 2025 |
| #7 | -16.14% Jul 13, 2007 - Oct 29, 2007 | -12.27% Aug 4, 2017 - Nov 29, 2017 |
| #8 | -13.88% Jun 20, 2014 - May 14, 2015 | -11.59% Apr 1, 2025 - May 19, 2025 |
| #9 | -13.15% Feb 26, 2026 - Mar 27, 2026 | -10.43% Dec 31, 2013 - May 29, 2014 |
| #10 | -9.89% Sep 2, 2021 - Dec 29, 2021 | -9.61% Dec 29, 2015 - Mar 17, 2016 |
| #11 | -7.14% Mar 28, 2024 - May 15, 2024 | -9.57% Dec 30, 2025 - Jun 26, 2026 |
| #12 | -6.54% Jan 8, 2021 - Apr 1, 2021 | -8.92% May 10, 2021 - Aug 20, 2021 |
| #13 | -6.20% Oct 24, 2025 - Jan 15, 2026 | -8.45% Jun 2, 2025 - Dec 12, 2025 |
| #14 | -5.98% May 3, 2019 - Jun 20, 2019 | -8.30% Aug 18, 2015 - Oct 20, 2015 |
| #15 | -5.80% Oct 12, 2020 - Nov 5, 2020 | -7.48% Oct 25, 2021 - Jan 4, 2022 |
Correlation
Correlation between PIO and KBWP is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.
0.95
-101
Dividend Comparison (2008 - 2026)
PIO vs KBWP dividend yield comparison.
| Year | PIO | KBWP |
|---|---|---|
| 2026 | 0.78% | 1.09% |
| 2025 | 1.04% | 1.58% |
| 2024 | 0.78% | 1.64% |
| 2023 | 0.84% | 1.68% |
| 2022 | 1.02% | 1.99% |
| 2021 | 1.19% | 3.02% |
| 2020 | 0.88% | 1.93% |
| 2019 | 1.20% | 1.99% |
| 2018 | 2.00% | 2.11% |
| 2017 | 1.00% | 1.90% |
| 2016 | 1.45% | 2.14% |
| 2015 | 1.63% | 1.35% |
| 2014 | 1.42% | 2.73% |
| 2013 | 1.50% | 1.72% |
| 2012 | 1.82% | 3.06% |
| 2011 | 1.63% | 2.86% |
| 2010 | 0.87% | 0.00% |
| 2009 | 1.27% | 0.00% |
| 2008 | 1.38% | 0.00% |
Select Stocks to Compare
Popular: PIO vs SPYKBWP vs SPY
More Comparisons
Compare with similar stocks