PHO vs IYM: Holdings Overlap
PHOInvesco Water Resources ETF
Invesco · 36 holdings · $2.1B · as of 2026-04-30
IYMiShares U.S. Basic Materials ETF
iShares · 38 holdings · $1.1B · as of 2026-04-30
How similar are PHO and IYM?
Invesco Water Resources ETF (PHO, by Invesco) holds 36 positions; iShares U.S. Basic Materials ETF (IYM, by iShares) holds 38. They have 2 holdings in common, and by portfolio weight the two funds are 7.4% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 7.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 2PHO holds 36 · IYM holds 38
- Weight in Shared Holdings
- PHO 12%·IYM 7%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in PHO
34 of 36 positions (88.5% of the fund) are not held by IYM. Showing the top 30 by weight.
Sector Breakdown
| Sector | PHO | IYM |
|---|---|---|
| Materials | 8.1% | 88.4% |
| Industrials | 55.4% | 11.4% |
| Information Technology | 13.0% | 0.0% |
| Utilities | 12.8% | 0.0% |
| Health Care | 8.2% | 0.0% |
| Other Sectors | 0.0% | 0.0% |
| Unclassified | 2.5% | 0.0% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (2% of PHO, 0% of IYM).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| PHO | +5.7% | +4.5% | +3.2% | +8.8% | +5.6% | +12.2% | 0.55% |
| IYM | +5.2% | +23.1% | +34.0% | +13.6% | +9.2% | +10.8% | 1.24% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in PHO vs IYM →
Shared Holdings(2)
Frequently Asked Questions
How much do PHO and IYM overlap?
PHO and IYM overlap by 7.4% of portfolio weight. They share 2 holdings (PHO holds 36 positions and IYM holds 38), based on each fund's latest SEC-reported holdings.
Is it redundant to own both PHO and IYM?
The two portfolios are 7.4% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of PHO and IYM?
The largest positions held by both funds are ECL and MLI. Together the top 2 shared positions account for 100% of the total overlap.
What does PHO own that IYM doesn't?
34 positions (88.5% of PHO) are unique to PHO, led by FERG, ROP and WAT. In the other direction, 36 positions (92.4% of IYM) are unique to IYM.