ETF overview
The TBLU fund offers investors exposure to a diverse array of water-related enterprises across all market capitalization sizes within developed nations. Its investment strategy focuses on identifying companies that generate at least 40% of their gross revenue from either water infrastructure, water equipment, or water services. Water infrastructure firms encompass those engaged in public water distribution, engineering, construction, or consulting activities. Companies providing water equipment supply crucial components such as pipes, valves, and pumps, alongside water efficiency products like filtration, treatment, and testing solutions. Service companies, meanwhile, deliver technologies designed to facilitate the management of water distribution, usage, treatment, and irrigation. The fund's portfolio typically consists of a few dozen holdings, with a notable emphasis on U.S.-based companies. Before June 5, 2018, the fund tracked the Tortoise Water Index, primarily investing in North American water companies. Prior to its merger with Ecofin on August 21, 2020, the fund operated under the name Tortoise Global Water ESG Fund and traded with the ticker TBLU. Post-merger, it was rebranded as the Ecofin Global Water ESG Fund and traded as EBLU. However, as of September 17, 2024, both the fund's name and ticker have reverted to Tortoise Global Water ESG Fund and TBLU, respectively.
Fund facts
- Expense ratio
- 0.40%
- Fund assets
- 55.15M USD (all share classes)
- Issuer
- Tortoise
- Inception date
- Feb 14, 2017
- Number of holdings
- 61
Breakdown
Holdings (61)
| Name | Ticker | Weight |
|---|---|---|
| Veralto Corp | VLTO | 7.88% |
| Ecolab Inc | ECL | 7.84% |
| Ferguson Enterprises Inc | FERG | 7.67% |
| Veolia Environnement SA | VIE.PA | 7.32% |
| Xylem Inc/NY | XYL | 7.14% |
| American Water Works Co Inc | AWK | 7.11% |
| CIA SANEAMENTO BASICO SPONSORED ADR | SBS | 4.76% |
| UNITED UTILITIES GROUP PLC | UU.L | 4.37% |
| IDEX Corp | IEX | 4.12% |
| Severn Trent PLC | SVT.L | 4.04% |
| and 48 more | ||
Similar ETFs
- Invesco S&P Global Water Index ETFCGW · Overlap 59% · Expense ratio 0.58%
- Invesco Global Water ETFPIO · Overlap 50% · Expense ratio 0.75%
- iShares Global Water UCITS ETFIQQQ.DE · Overlap 59% · Expense ratio 0.65%
- iShares Global Water Index ETFCWW.TO · Overlap 55% · Expense ratio 0.66%
- Amundi MSCI Water UCITS ETF AccWATC.L · Overlap 54% · Expense ratio 0.60%
- Invesco Water Resources ETFPHO · Overlap 43% · Expense ratio 0.59%
- First Trust Water ETFFIW · Overlap 39% · Expense ratio 0.50%
- VanEck Environmental Services ETFEVX · Overlap 30% · Expense ratio 0.55%
Overlap is the share of assets the two funds hold in common.
Historical returns do not guarantee future returns. This is not investment advice.
- Expense ratio
- 0.40%
- Fund assets
- 55.15M USD (all share classes)
- Issuer
- Tortoise
- Inception date
- Feb 14, 2017
- Number of holdings
- 61
| Name | Ticker | Weight |
|---|---|---|
| Veralto Corp | VLTO | 7.88% |
| Ecolab Inc | ECL | 7.84% |
| Ferguson Enterprises Inc | FERG | 7.67% |
| Veolia Environnement SA | VIE.PA | 7.32% |
| Xylem Inc/NY | XYL | 7.14% |
| American Water Works Co Inc | AWK | 7.11% |
| CIA SANEAMENTO BASICO SPONSORED ADR | SBS | 4.76% |
| UNITED UTILITIES GROUP PLC | UU.L | 4.37% |
| IDEX Corp | IEX | 4.12% |
| Severn Trent PLC | SVT.L | 4.04% |
| and 48 more | ||
The TBLU fund offers investors exposure to a diverse array of water-related enterprises across all market capitalization sizes within developed nations. Its investment strategy focuses on identifying companies that generate at least 40% of their gross revenue from either water infrastructure, water equipment, or water services. Water infrastructure firms encompass those engaged in public water distribution, engineering, construction, or consulting activities. Companies providing water equipment supply crucial components such as pipes, valves, and pumps, alongside water efficiency products like filtration, treatment, and testing solutions. Service companies, meanwhile, deliver technologies designed to facilitate the management of water distribution, usage, treatment, and irrigation. The fund's portfolio typically consists of a few dozen holdings, with a notable emphasis on U.S.-based companies. Before June 5, 2018, the fund tracked the Tortoise Water Index, primarily investing in North American water companies. Prior to its merger with Ecofin on August 21, 2020, the fund operated under the name Tortoise Global Water ESG Fund and traded with the ticker TBLU. Post-merger, it was rebranded as the Ecofin Global Water ESG Fund and traded as EBLU. However, as of September 17, 2024, both the fund's name and ticker have reverted to Tortoise Global Water ESG Fund and TBLU, respectively.
- Invesco S&P Global Water Index ETFCGW · Overlap 59% · Expense ratio 0.58%
- Invesco Global Water ETFPIO · Overlap 50% · Expense ratio 0.75%
- iShares Global Water UCITS ETFIQQQ.DE · Overlap 59% · Expense ratio 0.65%
- iShares Global Water Index ETFCWW.TO · Overlap 55% · Expense ratio 0.66%
- Amundi MSCI Water UCITS ETF AccWATC.L · Overlap 54% · Expense ratio 0.60%
- Invesco Water Resources ETFPHO · Overlap 43% · Expense ratio 0.59%
- First Trust Water ETFFIW · Overlap 39% · Expense ratio 0.50%
- VanEck Environmental Services ETFEVX · Overlap 30% · Expense ratio 0.55%
Overlap is the share of assets the two funds hold in common.
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