PHO · Invesco

Invesco Water Resources ETF

Name: PHO (Invesco Water Resources ETF) look-through valuation
Creator: ratio/fox
License: https://ratiofox.com/data-licence/v1

See how 43 reported holdings combine into this ETF’s P/E and P/S. Market value, signed ordinary earnings and revenue are added before each ratio is calculated.

Holdings dated 19 August 2026Price US$72.19 as of 21 August 2026Coverage limitations apply

Core valuation

Trailing P/E26.59×91.71% coverage

Latest-quarter run-rate P/E28.56×98.64% coverage

Trailing P/S3.17×91.71% coverage

Latest-quarter run-rate P/S2.95×98.64% coverage

Coverage is the share of positive eligible-equity holding value represented in each metric. The published holdings account for 100.00% of fund weight. The reliability standard requires at least 90.00% disclosed fund weight and metric coverage, with no individual uncovered holding above 1.00%.

Largest reported holdings

Holding	Weight	Trailing P/E	Trailing P/S
ROPRoper Technologies Inc	9.17%	24.24×	5.12×
ECLEcolab Inc	8.18%	37.64×	138.01×
WATWaters Corp	7.19%	61.38×	10.69×
FERGFerguson Enterprises Inc	6.92%	Unavailable	Unavailable
IDXXIDEXX Laboratories Inc	6.29%	40.11×	9.88×
VLTOVeralto Corp	4.46%	25.03×	4.34×
AAgilent Technologies Inc	4.20%	31.76×	6.21×
AWKAmerican Water Works Co Inc	4.15%	23.99×	5.09×
XYLXylem Inc/NY	3.89%	27.48×	2.97×
IEXIDEX Corp	3.61%	34.17×	4.91×

Top 10 of 43 reported holdings. * A holding uses its latest full-year result only when both trailing and latest-quarter inputs are unavailable; open the stock for the exact year end.

Most similar funds

Ranked by shared weight across matching disclosed company holdings and explicitly reported same-currency cash.

EFRA · iShares Environmental Infrastructure and Industrials ETF29.65% holdings overlap · NASDAQ
SIMS · State Street SPDR S&P Kensho Intelligent Structures ETF19.52% holdings overlap · US market
CZA · Invesco Zacks Mid-Cap ETF9.78% holdings overlap · US market
POWA · Invesco Bloomberg Pricing Power ETF8.70% holdings overlap · US market
US14064D6590 · FULLERTHALER BEHAVIORAL UNCONSTRAINED EQUITY8.51% holdings overlap · United States

Sources and limitations

Holdings are sourced from Invesco and company financial inputs retain primary-source links. Monetary values are normalised to USD. Corporate actions, reporting lags, unmapped securities and cash can create differences from provider figures.

Open official holdings source

Research holdings date: 19 August 2026. Informational research, not investment advice.

about

If your portfolio was one company, what would its P/E and P/S be?

Fund P/E figures published by issuers are often simplified.

One major issuer describes portfolio P/E as the weighted average price/earnings ratio of the stocks it holds.

This approach can exclude loss-making companies, causing the reported P/E to appear lower and the portfolio to look more attractively valued than when all holdings’ signed earnings are combined.

ratio/fox treats each ETF, mutual fund, or portfolio as one large conglomerate made up of its holdings. It combines their market values, signed earnings, and sales before calculating P/E and P/S. Loss-making companies reduce total earnings, while missing inputs reduce the reported coverage rather than being treated as zero.

The result is a consistent look-through valuation of the entire basket, with trailing and latest-quarter run-rate figures shown separately.

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Invesco Water Resources ETF

Core valuation

Largest reported holdings

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about

If your portfolio was one company, what would its P/E and P/S be?

How much of each company do you really own?

How much of one fund do you already own through another?

Which investments appear in public discovery?

Data quality

Registered users

User portfolios

Core valuation readiness

ETF coverage

Mutual fund coverage

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eight reported quarters

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Look-through stocks

Trading listings

ETF and mutual-fund exposure

Invesco Water Resources ETF

Core valuation

Largest reported holdings

Most similar funds

Sources and limitations

Open ratio/fox through a web server

about

If your portfolio was one company, what would its P/E and P/S be?

How much of each company do you really own?

How much of one fund do you already own through another?

Which investments appear in public discovery?

Data quality

Registered users

User portfolios

Core valuation readiness

ETF coverage

Mutual fund coverage

Open data-quality issues

stocks

portfolios

Portfolio account

Browser portfolios

New portfolio

ETFs

mutual funds

ETF valuation

eight reported quarters

This detail is unavailable

Included portfolios

Holdings

Most similar funds

Look-through stocks

Trading listings

ETF and mutual-fund exposure