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PHOvsCVMCETF Comparison
Invesco Water Resources ETF (PHO) belongs to the Natural Resources segment. Calvert US Mid-Cap Core Responsible Index ETF (CVMC) is part of the US Mid Cap segment. PHO's top 3 sector exposures are Industrials, Information Technology and Utilities. In contrast, CVMC's top sector exposures are Industrials, Information Technology and Financials. PHO is more expensive with a Total Expense Ratio (TER) of 0.59%, versus 0.15% for CVMC. PHO is down -2.69% year-to-date (YTD) with -$13M in YTD flows. CVMC performs better with 2.25% YTD performance, and -$3M in YTD flows. Run a side-by-side ETF comparison of PHO and CVMC below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
PHO vs CVMC performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | PHO CVMC | -6.81%-3.82% | -4.75%+0.99% | -2.69%+2.25% | +5.67%+16.39% | +36.29%+43.67% | +44.19%n/a |
| Flows | PHO CVMC | -$31K- | -$14M-$55K | -$13M-$3M | -$197M+$12M | -$256M+$47M | -$7M- |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | PHO CVMC | +15.44%+13.51% | +18.45%+18.73% | +16.22%+16.04% | +18.14%n/a |
| Max drawdown | PHO CVMC | -8.11%-4.90% | -11.61%-13.93% | -19.26%-21.43% | -28.58%n/a |
| Max drawdown duration | PHO CVMC | 48d12d | 43d46d | 250d269d | 715dn/a |
PHO | CVMC | |
Last sale 3/12/2026 at 1:30 PM | $67.15 | $63.91 |
| Previous close 03/11/2026 | $68.46 | $65.17 |
| Consolidated volume 03/11/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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PHO | CVMC | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
PHO | CVMC | |
|---|---|---|
| Last price | $67.15 | $63.91 |
| 1D performance | -1.91% | -1.93% |
| AuM | $2.02 B | $85.18 M |
| E/R | 0.59% | 0.15% |
PHO | CVMC | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | Invesco | Morgan Stanley |
| Benchmark | NASDAQ OMX US Water Index | Calvert US Mid-Cap Core Responsible Index |
| N° of holdings | 34 | 574 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | December 6, 2005 | February 1, 2023 |
| ESG | Yes | Yes |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the PHO and CVMC ETFs performed in 2026?
As of March 11, 2026, PHO is down -2.69% year-to-date (YTD), while CVMC has returned 2.25%. That puts CVMC better performer ahead so far this year.
Which ETF is attracting more investor money: PHO or CVMC?
Year-to-date, the PHO ETF saw -$13M in flows, compared to -$3M for CVMC.
Which ETF is more volatile: PHO or CVMC?
Over the past year, PHO had a volatility of 18.45%, while CVMC experienced 18.73%.
Which ETF is bigger: PHO or CVMC?
As of March 11, 2026, PHO holds $2.02 B in assets under management (AUM), while CVMC manages $85.18 M.
What sectors do the PHO and CVMC ETFs invest in?
PHO leans toward sectors like Industrials, Information Technology and Utilities. Meanwhile, CVMC focuses on Industrials, Information Technology and Financials.
What are the top holdings of the PHO ETF and CVMC ETF?
PHO top holdings include ECOLAB, US31488V1070 and WATERS. CVMC holds in its top three: SEAGATE TECHNOLOGY HOLDINGS PLC, WESTERN DIGITAL and CORNING.
Which ETF is more diversified: PHO or CVMC?
PHO holds 36 securities with 76.33% of its assets in the top 15. CVMC has 587 securities and a top 15 weight of 9.54%.
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