Key stats
About GLOBAL X CLEAN WATER ETF
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Inception date
Apr 8, 2021
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Global X Management Co. LLC
Distributor
SEI Investments Distribution Co.
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
Top 10 holdings
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
AQWA trades at 369.00 MXN today, its price has risen 4.55% in the past 24 hours. Track more dynamics on AQWA price chart.
AQWA net asset value is 355.63 today — it's risen 6.81% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
AQWA assets under management is 203.09 M MXN. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
AQWA price has risen by 4.55% over the last month, and its yearly performance shows a −0.81% decrease. See more dynamics on AQWA price chart.
NAV returns, another gauge of an ETF dynamics, showed a 1.04% increase in three-month performance and has increased by 19.21% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 1.04% increase in three-month performance and has increased by 19.21% in a year.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
AQWA invests in stocks. See more details in our Analysis section.
AQWA expense ratio is 0.50%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, AQWA isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, AQWA pays dividends to its holders with the dividend yield of 1.29%.
AQWA trades at a premium (2.66%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
AQWA shares are issued by Mirae Asset Global Investments Co., Ltd.
AQWA follows the Solactive Global Clean Water Industry Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Apr 8, 2021.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.