{"url":"https://etfiq.com/compare/themes/aqwa-vs-cgw","section":"compare","title":"AQWA vs CGW: which is really different? | ETFIQ","description":"19.5% of AQWA and 25.6% of CGW is already in the S&P 500 by weight, as filed, and 58% of the two books are the same names at the same weight.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Do AQWA and CGW hold the same stocks?","acceptedAnswer":{"@type":"Answer","text":"By their latest filings, 58% of their books are the same securities at the same weight, which is close to holding one of them twice. Overlap is the sum of the smaller weight of every security they share."}},{"@type":"Question","name":"Which is more different from the S&P 500, AQWA or CGW?","acceptedAnswer":{"@type":"Answer","text":"AQWA has 20% of its weight in S&P 500 names and CGW has 26%, so AQWA differs more from the index."}},{"@type":"Question","name":"Which is cheaper, AQWA or CGW?","acceptedAnswer":{"@type":"Answer","text":"AQWA charges 0.50% a year and CGW charges 0.58%, so AQWA is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Thematic ETFs","item":"https://etfiq.com/themes/"},{"@type":"ListItem","position":3,"name":"AQWA vs CGW","item":"https://etfiq.com/compare/themes/aqwa-vs-cgw"}]},{"@type":"WebPage","name":"AQWA vs CGW: which is really different?","description":"19.5% of AQWA and 25.6% of CGW is already in the S&P 500 by weight, as filed, and 58% of the two books are the same names at the same weight. Returns and overlap to Sep 30, 2026.","url":"https://etfiq.com/compare/themes/aqwa-vs-cgw","dateModified":"2026-09-30","abstract":"AQWA and CGW hold 58% of their weight in the same names, and CGW returned \u22121.4% over the year.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of AQWA and CGW","description":"19.5% of AQWA and 25.6% of CGW is already in the S&P 500 by weight, as filed, and 58% of the two books are the same names at the same weight. Returns and overlap to Sep 30, 2026.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/themes/aqwa-vs-cgw","license":"https://etfiq.com/standards/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/thematic.json"}],"variableMeasured":["Weight overlap with the S&P 500","Active share","Holdings","Top ten share of the fund","Total return","Fee for the differing part","Expense ratio"],"keywords":["exchange-traded funds","ETF","Thematic ETFs","fund data","SEC filings"]}],"characters":7041,"truncated":true,"content":"ETFIQ / Thematic ETFs / Head to head / AQWA vs CGW \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n AQWA vs CGW: which is really different?\n\n AQWA and CGW hold 58% of their weight in the same names, and CGW returned \u22121.4% over the year.\n Copy this for sharing \n \n Global X Clean Water ETF and Invesco S&P Global Water Index ETF.\n\n Download as PDF \n\n 19.5% AQWA in the S&P 500 \n 25.6% CGW in the S&P 500 \n \u22126.1% AQWA total return, 1 year \n \u22121.4% CGW total return, 1 year \n\n ETFIQ Off-Index Score: AQWA scores higher\n How much of it is not the index it is sold as an alternative ","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Sep 30, 2026. https://etfiq.com/compare/themes/aqwa-vs-cgw","a":{"ticker":"AQWA","name":"Global X Clean Water ETF","issuer":"Global X","desk":"themes","as_of":"2026-09-30","verdict":"AQWA holds 44 stocks, and 80% of its weight is outside the S&P 500.","url":"https://etfiq.com/funds/aqwa","key_facts":[{"label":"Already in the S&P 500","value":"19.5%","as_of":"2026-09-30","source":null},{"label":"Active share vs the S&P 500","value":"99.9%","as_of":"2026-09-30","source":null},{"label":"Top ten holdings","value":"59.0%","as_of":"2026-09-30","source":null},{"label":"Total return, 1 year","value":"\u22126.1%","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$20m","as_of":"2026-09-30","source":"the issuer\u2019s own daily fund list, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.50%","as_of":"2026-09-30","source":"485BPOS XBRL, Mar 27, 2026"}]},"b":{"ticker":"CGW","name":"Invesco S&P Global Water Index ETF","issuer":"Invesco","desk":"themes","as_of":"2026-09-30","verdict":"CGW holds 81 stocks, and 74% of its weight is outside the S&P 500.","url":"https://etfiq.com/funds/cgw","key_facts":[{"label":"Already in the S&P 500","value":"25.6%","as_of":"2026-09-30","source":null},{"label":"Active share vs the S&P 500","value":"99.8%","as_of":"2026-09-30","source":null},{"label":"Top ten holdings","value":"55.8%","as_of":"2026-09-30","source":null},{"label":"Total return, 1 year","value":"\u22121.4%","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$1.0bn","as_of":"2026-09-30","source":"the issuer\u2019s daily holdings, added up, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.58%","as_of":"2026-09-30","source":"485BPOS XBRL, Feb 26, 2026"}]},"overlap_pct":58,"full_text_at":"https://etfiq.com/compare/themes/aqwa-vs-cgw"}