Key stats
About GLOBAL X FDS CLEAN WTR ETF
Expense ratio
0.50%
Home page
Inception date
Apr 8, 2021
AQWA provides exposure to the global water industry by investing in companies of all capitalization that derive at least 50% of their revenue from either water infrastructure or water equipment and/or services. The fund commences by screening public information using a proprietary natural language processing algorithm to identify firms that are defined as clean water companies and are involved in the treatment, purification, conservation and management of water. Eligible securities must then meet minimum ESG requirements as defined by the UN Global Compact principles to be included in the index. The 40 highest ranking companies are then weighted by market-cap with individual security weight capped at 8% and the aggregate weight of companies with equal to or above 4.5% weight is capped at 40%. The index is reconstituted and rebalanced semi-annually.
Classification
What's in the fund
Exposure type
Producer Manufacturing
Utilities
Distribution Services
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.