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Invesco Water Resources ETF

PHO

Invesco

Invesco Water Resources ETF (PHO) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 99.86%. Below: the fund under all five rulebooks, its facts and every holding with its own verdict.

Akinda fund screen

Akinda fund screen (AAOIFI-derived)Not halalCoverage: 99.86%
  • Halal 86.36%
  • Doubtful 6.32%
  • Not halal 7.18%
  • Not rated 0.14%

The bar is scaled to fit; the figures are as reported, and the buckets do not always total 100%.

Coverage is the share of the fund's weight we hold a usable verdict for. Below 95%, a fund is rated only when the weight we can see already breaches the 5% limit; otherwise it is not rated by this method.

Fund facts

Issuer
Invesco
Venue (where it trades)
United States
Domicile (where it is registered)
United States
Reporting currency
USD
Expense ratio
0.59%
AUM
2.12B USD
Holdings
41 (40 screened)
Basket as of (provider)
26 Oct 2026
Basket fetched by Akinda
26 Oct 2026
Verdict updated
3 Nov 2026

Venue is where a fund trades; domicile is where it is registered. London-listed funds are domiciled in Ireland or Luxembourg, so use Venue for UK ETFs.

Five rulebooks

RulebookVerdictHalalNot halalSplit (0–100%)
Akinda fund screen (AAOIFI)Not halal86.36%7.18%
DJIMNot halal86.36%7.18%
FTSENot halal64.33%29.21%
MSCINot halal64.48%29.05%
S&PNot halal86.90%6.64%

Every bar uses the same 0–100% scale. Index rulebooks report only halal and not-halal weight; uncoloured weight is weight that rulebook does not classify. Coverage is published for the Akinda fund screen only.

The fund screen and the four index rulebooks answer different questions, so they are expected to disagree. A fund can be doubtful on our fund screen and halal under S&P; both are correct.

Holdings

1–41 of 41 holdings, largest first · basket as of 26 Oct 2026
No.HoldingWeightAkinda (AAOIFI)DJIMFTSEMSCIS&P
1
ECLEcolab Inc
8.05%HalalHalalNot halalNot halalHalal
2
FERGFerguson Enterprises Inc
7.98%HalalHalalHalalHalalHalal
3
WATWaters Corp
7.31%HalalHalalHalalHalalHalal
4
ROPRoper Technologies Inc
7.16%HalalHalalHalalHalalHalal
5
IDXXIDEXX Laboratories Inc
6.95%HalalHalalHalalHalalHalal
6
AAgilent Technologies Inc
4.45%HalalHalalHalalHalalHalal
7
TRMBTrimble Inc
4.18%HalalHalalHalalHalalHalal
8
VLTOVeralto Corp
4.15%HalalHalalNot halalNot halalHalal
9
AWKAmerican Water Works Co Inc
4.08%Not halalNot halalNot halalNot halalNot halal
10
XYLXylem Inc/NY
3.90%HalalHalalHalalHalalHalal
11
PNRPentair PLC
3.61%HalalHalalHalalHalalHalal
12
IEXIDEX Corp
3.32%DoubtfulNot ratedNot ratedNot ratedNot rated
13
ACMAECOM
3.04%HalalHalalHalalHalalHalal
14
JJacobs Solutions Inc
2.99%DoubtfulNot ratedNot ratedNot ratedNot rated
15
WTSWatts Water Technologies Inc
2.44%HalalHalalHalalHalalHalal
16
WMSAdvanced Drainage Systems Inc
2.39%HalalHalalNot halalNot halalHalal
17
BSYBentley Systems Inc
2.31%HalalHalalNot halalNot halalHalal
18
AOSA O Smith Corp
2.30%HalalHalalHalalHalalHalal
19
VMIValmont Industries Inc
2.28%HalalHalalHalalHalalHalal
20
CNMCore & Main Inc
2.27%HalalHalalNot halalNot halalHalal
21
TTEKTetra Tech Inc
2.26%HalalHalalHalalHalalHalal
22
MLIMueller Industries Inc
1.72%HalalHalalNot halalNot halalHalal
23
BMIBadger Meter Inc
1.48%HalalHalalHalalHalalHalal
24
ITRIItron Inc
1.36%HalalHalalNot halalNot halalHalal
25
SBSCia de Saneamento Basico do Estado de Sao Paulo SABESP
1.20%Not halalNot halalNot halalNot halalNot halal
26
ZWSZurn Elkay Water Solutions Corp
1.03%HalalHalalHalalHalalHalal
27
STNStantec Inc
0.68%HalalHalalHalalHalalHalal
28
FELEFranklin Electric Co Inc
0.61%HalalHalalHalalHalalHalal
29
MWAMueller Water Products Inc
0.59%HalalHalalHalalHalalHalal
30
HTOH2O America
0.54%Not halalNot halalNot halalNot halalNot halal
31
AWRAmerican States Water Co
0.54%Not halalNot halalNot halalNot halalHalal
32
CWTCalifornia Water Service Group
0.54%Not halalNot halalHalalHalalNot halal
33
HWKNHawkins Inc
0.53%HalalHalalHalalHalalHalal
34
NWPXNWPX Infrastructure Inc
0.47%HalalHalalHalalHalalHalal
35
LNNLindsay Corp
0.35%HalalHalalHalalHalalHalal
36
GRCGorman-Rupp Co/The
0.32%HalalHalalNot halalNot halalHalal
37
MSEXMiddlesex Water Co
0.19%Not halalNot halalHalalHalalNot halal
38
ERIIEnergy Recovery Inc
0.15%HalalHalalNot halalHalalHalal
39
AGPXXInvesco Government & Agency Portfolio
0.10%Not ratedNot ratedNot ratedNot ratedNot rated
40
YORWYork Water Co/The
0.09%Not halalNot halalNot halalNot halalNot halal
41
CWCOConsolidated Water Co Ltd
0.06%HalalHalalNot halalNot halalHalal

Not rated means we hold no usable verdict for that company; it is never treated as compliant.

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