PHOvsFEMVETF Comparison
VS
Invesco Water Resources ETF (PHO) belongs to the Natural Resources segment. Fidelity Enhanced Mid Cap Value ETF (FEMV) is part of the US Multi-Factor segment. PHO's top 3 sector exposures are Industrials, Healthcare and Non-Energy Materials. In contrast, FEMV's top sector exposures are Finance, Industrials and Technology. PHO is more expensive with a Total Expense Ratio (TER) of 0.59%, versus 0.23% for FEMV. Run a side-by-side ETF comparison of PHO and FEMV below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
PHO vs FEMV performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 07/24/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | PHO FEMV | +0.84%+2.86% | -1.14%+9.24% | -2.38%n/a | -2.82%n/a | +19.55%n/a | +26.02%n/a |
| Flows | PHO FEMV | -$18M+$1M | -$67M+$6M | -$72M- | -$174M- | -$296M- | -$201M- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | PHO FEMV | +16.50%+11.95% | +15.63%n/a | +16.41%n/a | +18.29%n/a |
| Max drawdown | PHO FEMV | -7.56%-2.78% | -13.83%n/a | -19.26%n/a | -28.58%n/a |
| Max drawdown duration | PHO FEMV | 60d7d | 276dn/a | 250dn/a | 715dn/a |
Trading data
PHO | FEMV | |
Last sale 7/24/2026 at 1:30 PM | $68.43 | $26.92 |
| Previous close 07/23/2026 | $67.59 | $26.67 |
| Consolidated volume 07/23/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of June 30, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
FEMV
is actively managed and doesn’t replicate an indexPHO | FEMV | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 7/24/2026 at 1:30 PM
Live
Closed
PHO | FEMV | |
|---|---|---|
| Last price | $68.43 | $26.92 |
| 1D performance | +1.24% | +0.94% |
| AuM | $1.96 B | $6.73 M |
| E/R | 0.59% | 0.23% |
Advertisement
Exposure
Countries
PHO
USA
94.59%
Other
5.41%
FEMV
USA
95.32%
Other
4.68%
Sectors
PHO
Industrials
46.17%
Healthcare
17.05%
Non-Energy Materi.
16.79%
Technology
12.53%
Utilities
7.45%
FEMV
Finance
21.52%
Industrials
15.45%
Technology
15.24%
Non-Energy Materi.
9.92%
Healthcare
8.87%
Energy
8.41%
Other
20.59%
Advertisement
Diversification
PHO
Total weight of top 15 holdings out of 15
72.4%
FEMV
Total weight of top 15 holdings out of 15
16.5%
Top 15 holdings
Data as of June 30, 2026
PHO
Ecolab, Inc.
8.49%
Roper Technologies, Inc.
7.96%
Ferguson Enterprises, Inc.
7.10%
Waters Corp.
6.76%
IDEXX Laboratories, Inc.
6.45%
Veralto Corp.
4.18%
American Water Works Co., Inc.
4.12%
Xylem, Inc.
4.07%
Agilent Technologies, Inc.
3.84%
Pentair plc
3.73%
IDEX Corp.
3.66%
Advanced Drainage Systems, Inc.
3.21%
Jacobs Solutions, Inc.
3.16%
AECOM
2.97%
Core & Main, Inc.
2.72%
FEMV
Marathon Petroleum Corp.
1.30%
Kinder Morgan, Inc.
1.18%
Digital Realty Trust, Inc.
1.15%
United Airlines Holdings, Inc.
1.10%
Valero Energy Corp.
1.10%
Corteva, Inc.
1.09%
The Bank of New York Mellon Corp.
1.08%
AMETEK, Inc.
1.08%
Nucor Corp.
1.07%
Ciena Corp.
1.07%
Ford Motor Co.
1.06%
Keysight Technologies, Inc.
1.06%
Ross Stores, Inc.
1.06%
State Street Corp.
1.04%
L3Harris Technologies, Inc.
1.04%
Frequently asked questions about PHO and FEMV
Which ETF is bigger: PHO or FEMV?
As of July 24, 2026, PHO holds $1.96 B in assets under management (AUM), while FEMV manages $6.73 M.
What sectors do the PHO and FEMV ETFs invest in?
PHO leans toward sectors like Industrials, Healthcare and Non-Energy Materials. Meanwhile, FEMV focuses on Finance, Industrials and Technology.
What are the top holdings of the PHO ETF and FEMV ETF?
PHO top holdings include Ecolab, Inc., Roper Technologies, Inc. and Ferguson Enterprises, Inc.. FEMV holds in its top three: Marathon Petroleum Corp., Kinder Morgan, Inc. and Digital Realty Trust, Inc..
Which ETF is more diversified: PHO or FEMV?
PHO holds 40 securities with 72.4% of its assets in the top 15. FEMV has 197 securities and a top 15 weight of 16.5%.
Advertisement
Latest news about PHO & FEMV
There's an ETF for that? The 3 Best ETFs for Investing in Water
January 17, 2024
PHO
3 Water ETFs for Thirsty Investors
February 3, 2023
PHO
Advertisement
Advertisement
