ETF comparison

PHOvsXLK

Thematic vs Technology.

Invesco Water Resources ETF · State Street Technology Select Sector SPDR ETF

Holdings overlap

Weighted by ISIN/CUSIP
0.2%

1 positions appear in both funds. Buying equal dollars of PHO and XLK would leave roughly0.2%of each dollar exposed to the same underlying securities.

PHO only 99.9%Shared 0.2%XLK only 99.7%
In PHO only
36 positions
Shared
1 positions
In XLK only
74 positions

Side by side

PHO

Invesco Water Resources ETF

Invesco · Thematic

54composite / 100
Expense ratio
0.59%
Net assets
$2.03B
TTM yield
0.59%
Top-10 conc.
59.9%
XLK

State Street Technology Select Sector SPDR ETF

State Street · Technology

82composite / 100
Expense ratio
0.080%
Net assets
$121.44B
TTM yield
0.43%
Top-10 conc.
64.5%

Sub-score comparison

41
Cost
92
77
Tax efficiency
85
70
Liquidity
100
29
Concentration
22
Tracking quality
PHOsub-scoreXLK

Tracking quality isn't part of the composite — seewhat we don't scorefor why.

Cost difference

XLK is 51 bps cheaper than PHO. On a $100,000 position that's about $510/yr more in fees for PHO.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open thecost calculator pre-filled with PHO vs XLK.

Top shared holdings

1 shared in total
#HoldingIn PHOIn XLKOverlap
1Roper Technologies, Inc.8.57%0.19%0.19%

Only in PHO

36 total
  • Ferguson Enterprises Inc.8.68%
  • Waters Corp.8.18%
  • Ecolab Inc.7.14%
  • American Water Works Co., Inc.6.95%
  • IDEX Corp.4.39%
  • Mueller Industries, Inc.4.37%
  • Core & Main, Inc.3.93%
  • Xylem Inc.3.85%
  • Veralto Corp.3.83%
  • AECOM3.63%

Only in XLK

74 total
  • NVIDIA Corp14.65%
  • Apple Inc12.85%
  • Microsoft Corp8.38%
  • Micron Technology Inc5.42%
  • Broadcom Inc5.41%
  • Advanced Micro Devices Inc5.28%
  • Intel Corp3.68%
  • Applied Materials Inc3.20%
  • Lam Research Corp3.02%
  • Cisco Systems Inc2.58%

Open PHO or XLK at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodologyand funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see/methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.