PHO is a Sector & Thematic ETF from Invesco holding 36 positions as of Apr 30, 2026, with $2.1B in assets and a 0.59% net expense ratio. Its largest positions are FERG (8.7%), ROP (8.6%) and WAT (8.2%); the top 10 holdings account for 59.9% of the portfolio. By sector it leans Industrials (55.4%) and Information Technology (13.0%). It yields 0.55% on a trailing-12-month basis.
- Issuer
- Invesco
- Holdings
- 364.4% cash, collateral & derivative positions excluded
- Net Assets
- $2.1BETF assets as of 2026-08-10
- Expense Ratio
- 0.59%per latest SEC prospectus filing
- TTM Yield
- 0.55%trailing 12-month distributions
Performance
- 1M
- +5.7%
- YTD
- +4.5%
- 1Y
- +3.2%
- 3Y (ann.)
- +8.8%
- 5Y (ann.)
- +5.6%
- 10Y (ann.)
- +12.2%
A $10,000 investment 10 years ago would be worth $31,561 today at the 10Y annualized rate. This is a backward-looking illustration, not a forecast. Project its future growth →
Total returns including dividends as of 2026-08-07. 3Y/5Y/10Y annualized. Past performance does not predict future results.
Sector Breakdown
| Industrials | 55.4% |
|---|---|
| Information Technology | 13.0% |
| Utilities | 12.8% |
| Health Care | 8.2% |
| Materials | 8.1% |
| Other Sectors | 0.0% |
| Unclassified | 2.5% |
We could not classify 2% of portfolio weight. It is shown separately as “Unclassified”, not lumped into a sector.
Top 25 Holdings
| # | Holding | Weight |
|---|---|---|
| 1 |  FERGFerguson Enterprises Inc. | 8.68% |
| 2 |  ROPRoper Technologies, Inc. | 8.57% |
| 3 |  WATWaters Corp. | 8.18% |
| 4 |  ECLEcolab Inc. | 7.14% |
| 5 |  AWKAmerican Water Works Co., Inc. | 6.95% |
| 6 |  IEXIDEX Corp. | 4.39% |
| 7 |  MLIMueller Industries, Inc. | 4.37% |
| 8 |  CNMCore & Main, Inc., Class A | 3.93% |
| 9 |  XYLXylem Inc. | 3.85% |
| 10 |  VLTOVeralto Corp. | 3.83% |
| 11 |  ACMAECOM | 3.63% |
| 12 |  PNRPentair PLC | 3.44% |
| 13 |  WTRGEssential Utilities, Inc. | 3.35% |
| 14 |  WMSAdvanced Drainage Systems, Inc. | 3.25% |
| 15 |  TTEKTetra Tech, Inc. | 3.21% |
| 16 |  AOSA.O. Smith Corp. | 2.85% |
| 17 |  ITRIItron, Inc. | 2.70% |
| 18 |  VMIValmont Industries, Inc. | 2.58% |
| 19 |  WTSWatts Water Technologies, Inc., Class A | 1.92% |
| 20 |  BMIBadger Meter, Inc. | 1.78% |
| 21 |  ZWSZurn Elkay Water Solutions Corp. | 1.78% |
| 22 |  FELEFranklin Electric Co., Inc. | 1.33% |
| 23 |  SBSCia de Saneamento Basico do Estado de Sao Paulo, ADR | 1.32% |
| 24 |  MWAMueller Water Products, Inc., Class A | 1.17% |
| 25 |  STNStantec Inc. | 1.16% |
Showing the top 25 of 36 holdings. See the full PHO holdings list →
PHO alternatives
The closest Sector & Thematic ETFs to PHO by portfolio overlap — the share of weight both funds hold in the same securities.
| Fund | Overlap | Expense | Assets | |
|---|---|---|---|---|
 IYMiShares U.S. Basic Materials ETF | 7% | 0.38%cheaper | $1.1B | Compare → |
 AIRRFirst Trust RBA American Industrial Renaissance ETF | 6% | 0.69%pricier | $10.7B | Compare → |
 XLBState Street® Materials Select Sector SPDR® ETF | 5% | 0.08%cheaper | $8.4B | Compare → |
| 4% | 0.08%cheaper | $579M | Compare → | |
 VAWVanguard Materials Index Fund | 4% | 0.09%cheaper | $3.0B | Compare → |
| 3% | 0.08%cheaper | $2.3B | Compare → | |
 XHBState Street® SPDR® S&P® Homebuilders ETF | 3% | 0.35%cheaper | $1.5B | Compare → |
 VISVanguard Industrials Index Fund | 3% | 0.09%cheaper | $8.5B | Compare → |
Frequently Asked Questions
What is PHO's expense ratio?
PHO has a net expense ratio of 0.59%, per its latest SEC prospectus filing. That works out to about $59 a year on a $10,000 investment.
How many holdings does PHO have?
PHO held 36 positions as of Apr 30, 2026, per its latest official holdings data. Cash, collateral and derivative positions (4.4% of portfolio weight) are excluded from that count.
What are PHO's top 10 holdings?
PHO's largest positions are FERG (8.7%), ROP (8.6%), WAT (8.2%), ECL (7.1%), AWK (7.0%), IEX (4.4%), MLI (4.4%), CNM (3.9%), XYL (3.9%), VLTO (3.8%). Together they account for 59.9% of the portfolio.
What is PHO's dividend yield?
PHO yields 0.55% based on its trailing 12-month distributions, as of Aug 7, 2026.
How big is PHO?
PHO has $2.1B in assets as of Aug 10, 2026.
What are good alternatives to PHO?
By portfolio overlap, the closest Sector & Thematic ETFs to PHO are IYM (7% overlap), AIRR (6% overlap), XLB (5% overlap). Overlap measures the share of portfolio weight both funds hold in the same securities.