{"url":"https://etfiq.com/compare/themes/pho-vs-tblu","section":"compare","title":"PHO vs TBLU: Holdings Overlap & Returns | ETFIQ","description":"Over the year to Oct 28, 2026, PHO returned \u22120.2% to TBLU's \u22123.8%; 46% of their weight is in the same names. Returns and overlap to Oct 28, 2026.","as_of":"Oct 28, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Do PHO and TBLU hold the same stocks?","acceptedAnswer":{"@type":"Answer","text":"By their latest filings, 46% of their books are the same securities at the same weight. 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, PHO or TBLU?","acceptedAnswer":{"@type":"Answer","text":"PHO has 62% of its weight in S&P 500 names and TBLU has 33%, so TBLU differs more from the index."}},{"@type":"Question","name":"Which is cheaper, PHO or TBLU?","acceptedAnswer":{"@type":"Answer","text":"PHO charges 0.59% a year and TBLU charges 0.40%, so TBLU 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":"Compare ETFs","item":"https://etfiq.com/compare/"},{"@type":"ListItem","position":4,"name":"PHO vs TBLU","item":"https://etfiq.com/compare/themes/pho-vs-tblu"}]},{"@type":"WebPage","name":"PHO vs TBLU: Holdings Overlap & Returns","description":"Over the year to Oct 28, 2026, PHO returned \u22120.2% to TBLU's \u22123.8%; 46% of their weight is in the same names. Returns and overlap to Oct 28, 2026.","url":"https://etfiq.com/compare/themes/pho-vs-tblu","dateModified":"2026-10-28","abstract":"Over the year to Oct 28, 2026, PHO returned \u22120.2% to TBLU's \u22123.8%; 46% of their weight is in the same names.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of PHO and TBLU","description":"Over the year to Oct 28, 2026, PHO returned \u22120.2% to TBLU's \u22123.8%; 46% of their weight is in the same names. Returns and overlap to Oct 28, 2026.","dateModified":"2026-10-28","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/themes/pho-vs-tblu","license":"https://etfiq.com/license/","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":6979,"truncated":true,"content":"ETFIQ / Thematic ETFs / Compare ETFs / PHO vs TBLU \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Oct 28, 2026 .\n\n PHO vs TBLU: Holdings Overlap & Returns\n\n Over the year to Oct 28, 2026, PHO returned \u22120.2% to TBLU's \u22123.8%; 46% of their weight is in the same names.\n Copy this for sharing \n \n TBLU costs 0.19 points a year less; their one-year returns differ by 3.6 points.\n PHO and TBLU at a glance. As of Oct 28, 2026. Source: ETFIQ. PHO TBLU \n Expense ratio 0.59% 0.40% \n Net assets, PHO as of Oct 27, 2026 and TBLU as of May 31, 2026 $2.0bn $53m \n Total return, 1 year \u22120.2% \u22123.8% \n What ","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/","license_text":"Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, PHO against TBLU, data as of Oct 28, 2026. https://etfiq.com/compare/themes/pho-vs-tblu","a":{"ticker":"PHO","name":"Invesco Water Resources ETF","issuer":"Invesco","desk":"themes","as_of":"2026-10-28","verdict":"Over the year to Oct 28, 2026, PHO lost 0.2%.","url":"https://etfiq.com/funds/pho","key_facts":[{"label":"Already in the S&P 500","value":"62.5%","as_of":"2026-10-27","source":"the issuer\u2019s daily holdings file"},{"label":"Active share vs the S&P 500","value":"99.4%","as_of":"2026-10-27","source":"ETFIQ"},{"label":"Top ten holdings","value":"58.5%","as_of":"2026-10-27","source":"the issuer\u2019s daily holdings file"},{"label":"Total return, 1 year","value":"\u22120.2%","as_of":"2026-10-28","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"12-month yield, capital gains included, on its starting price","value":"0.5%","as_of":"2026-10-28","source":"computed by ETFIQ from Tiingo daily prices and distributions"},{"label":"Last payment (paid quarterly), ex-date Sep 21, 2026","value":"$0.0613","as_of":"2026-09-21","source":"Tiingo end-of-day distributions"},{"label":"Net assets","value":"$2.0bn","as_of":"2026-10-27","source":"issuer page, as of Oct 27, 2026"},{"label":"Expense ratio","value":"0.59%","as_of":"2026-08-27","source":"485BPOS XBRL, Aug 27, 2026"}]},"b":{"ticker":"TBLU","name":"Tortoise Global Water ETF","issuer":"Tortoise","desk":"themes","as_of":"2026-10-28","verdict":"Over the year to Oct 28, 2026, TBLU lost 3.8%, against 13.7% for VOO.","url":"https://etfiq.com/funds/tblu","key_facts":[{"label":"Already in the S&P 500","value":"33.4%","as_of":"2026-05-31","source":"its SEC filing (Form N-PORT)"},{"label":"Active share vs the S&P 500","value":"99.7%","as_of":"2026-05-31","source":"ETFIQ"},{"label":"Top ten holdings","value":"60.2%","as_of":"2026-05-31","source":"its SEC filing (Form N-PORT)"},{"label":"Total return, 1 year","value":"\u22123.8%","as_of":"2026-10-28","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"12-month yield, capital gains included, on its starting price","value":"3.3%","as_of":"2026-10-28","source":"computed by ETFIQ from Tiingo daily prices and distributions"},{"label":"Last payment (paid annually), ex-date Jun 25, 2026","value":"$0.5046","as_of":"2026-06-25","source":"Tiingo end-of-day distributions"},{"label":"Net assets","value":"$53m","as_of":"2026-05-31","source":"SEC filing, whole fund, as filed for May 31, 2026"},{"label":"Expense ratio","value":"0.40%","as_of":"2026-03-30","source":"485BPOS XBRL, Mar 30, 2026"}]},"overlap_pct":46,"full_text_at":"https://etfiq.com/compare/themes/pho-vs-tblu"}