EBLU
Ecofin Global Water ESG Fund
The Tortoise Water Fund tracks an index of water infrastructure and management companies listed in the US and Canada.
Global
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 60.7 M
ASSETS UNDER MGMT
40 bp
EXPENSES
Fund Basics
| Inception date | Feb 14, 2017 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Annually |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| STANTEC INC | 7.2 % |
| FISCHER (GEORG)-REG | 6.5 % |
| CHINA LESSO GROUP HOLDINGS LTD | 5.4 % |
| CORE & MAIN, INC. CLASS A | 4.6 % |
| GUANGDONG INVESTMENT LTD | 4.4 % |
| ENERGY RECOVERY INC | 4.3 % |
| SMITH (A.O.) CORP | 4.2 % |
| ADVANCED DRAINAGE SYSTEMS INC | 4.1 % |
| ECOLAB INC | 4.0 % |
| BADGER METER INC | 4.0 % |
Constituent Breakdown
| Number of holdings | 45 |
| Herfindahl-Hirschman Index | 387 |
| Wgt avg mkt cap (mns) | $10,838 |
| Large cap (>$10bn) | 37.0% |
| Mid cap ($2-10bn) | 37.0% |
| Small cap (<$2bn) | 16.8% |
| Developed mkts. | 90.8% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 53.5 % |
 |
SWITZERLAND | 10.4 % |
 |
BRITAIN | 8.6 % |
 |
CANADA | 7.2 % |
 |
HONG KONG | 4.4 % |
 |
FRANCE | 3.5 % |
 |
JAPAN | 3.3 % |
Historical Performance
Standardized Performance (as of 12/31/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 8.3% | 8.3% | 7.7% | 11.4% | 5.0% | -- | -- | 8.2% |
| Dividend Yield | 3.5% | 3.5% | 2.5% | 2.3% | 2.0% | -- | -- | 1.9% |
| Total Returns | 11.8% | 11.8% | 10.2% | 13.6% | 7.0% | -- | -- | 10.1% | Ann. Volatility | 16.2% | 16.2% | 15.2% | 15.2% | 17.1% | -- | -- | 19.1% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.61 | 31% |
| MSCI EAFE | 0.72 | 41% |
| MSCI Emg Mkts | 0.38 | 16% |
Liquidity Measures
| Avg. volume (000) | 0 |
| ADV traded (mns) | $0 |
| Turnover | 0.0% |
| Avg. Bid/Ask (% of price) | 0.52% |
Technical Indicators
| 30d moving avg. (EMA) | $51.33 |
| Relative strength (RSI) | 46 |
| MACD/Signal | -0.02/-0.02 |
| Bollinger Bands (Upper/Lower) | $51.97/$50.59 |
| Short interest (% of AUM) | 0.0% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. EBLU |
Expenses vs. EBLU |
ALTAR Score™ vs. EBLU |
|---|---|---|---|---|
| TBLU | Tortoise Global Water ESG ETF | 41.0% | 0 bp | -0.1% |
| CGW | Invesco S&P Global Water Index ETF | 38.4% | +17 bp | +0.0% |
| PHO | Invesco Water Resources ETF | 33.6% | +20 bp | +0.5% |
| AQWA | Global X Clean Water ETF | 32.6% | +10 bp | +0.6% |
| PIO | Invesco Global Water ETF | 31.1% | +35 bp | -0.1% |
| EFRA | iShares Environmental Infrastructure and Industrials ETF | 28.6% | +7 bp | +0.6% |
| FIW | First Trust Water ETF | 27.9% | +13 bp | +0.6% |
| EVX | VanEck Environmental Services ETF | 18.3% | +15 bp | -0.4% |
| SIMS | State Street SPDR S&P Kensho Intelligent Structures ETF | 10.0% | +5 bp | +0.0% |
Risk and Returns: EBLU vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 5/6/2026
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
5.0%
ALTAR SCORE™
60th
PERCENTILE
OVERWEIGHT
ETFRC RATING
There are 585 funds in the Global Equity category with an average
ALTAR Score™ of 4.3% and a standard deviation
of 2.6%. EBLU's ALTAR Score™ is approximately 0.3 standard
deviations above the category average. This places EBLU in the 60th percentile
among funds in the category.
Sell-Side Consensus
$67.95
PRICE TARGET
+29.1%
UPSIDE