Water Investment Index Heats Up

NEW YORK NY

As of Thursday, the S&P Global Water Index , which includes 50 water-linked companies worldwide, had climbed nearly 18% in 2019. Many of its components have seen strong year-to-date gains, with utility American Water Works Inc. AWK, -1.09% up 36%, water-technology provider Xylem Inc. XYL, +2.92% up 17%, and conglomerate Danaher Corp. DHR, -0.03% up 36% in Friday dealings. The Invesco Water Resources exchange-traded fund PHO, +1.49% trades 29% higher for the year so far.

Free