TBLU
Tortoise Global Water ESG ETF
The Tortoise Global Water ESG ETF aims to provide investors with exposure to a diversified portfolio of companies involved in water-related industries while promoting environmental, social, and governance (ESG) principles.
Global
EQUITY
Passive
MANAGEMENT STYLE
$ 55.7 M
ASSETS UNDER MGMT
40 bp
EXPENSES
Fund Basics
| Inception date | Feb 14, 2017 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| FERGUSON ENTERPRISES INC | 8.2 % |
| VEOLIA ENVIRONNEMENT | 7.8 % |
| XYLEM INC | 7.6 % |
| AMERICAN WATER WORKS CO INC | 7.4 % |
| ECOLAB INC | 7.1 % |
| GEBERIT AG-REG | 7.0 % |
| CIA SANEAMENTO BASICO DE-ADR | 4.6 % |
| UNITED UTILITIES GROUP PLC | 4.1 % |
| IDEX CORP | 4.0 % |
| PENTAIR PLC | 3.8 % |
Constituent Breakdown
| Number of holdings | 56 |
| Herfindahl-Hirschman Index | 473 |
| Wgt avg mkt cap (mns) | $17,303 |
| Large cap (>$10bn) | 59.4% |
| Mid cap ($2-10bn) | 27.1% |
| Small cap (<$2bn) | 3.7% |
| Developed mkts. | 86.4% |
| Emerging mkts. | 4.6% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 46.3 % |
 |
BRITAIN | 12.4 % |
 |
SWITZERLAND | 10.6 % |
 |
FRANCE | 7.9 % |
 |
JAPAN | 5.2 % |
 |
BRAZIL | 4.6 % |
 |
CANADA | 2.7 % |
 |
HONG KONG | 1.4 % |
Historical Performance
Standardized Performance (as of 03/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -0.8% | 6.6% | 3.9% | 8.4% | 3.9% | -- | -- | 7.9% |
| Dividend Yield | 0.0% | 0.8% | 1.1% | 1.3% | 1.5% | -- | -- | 1.5% |
| Total Returns | -0.8% | 7.4% | 5.0% | 9.7% | 5.4% | -- | -- | 9.5% | Ann. Volatility | 17.5% | 17.5% | 16.0% | 15.3% | 17.3% | -- | -- | 19.0% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.67 | 53% |
| MSCI EAFE | 0.80 | 64% |
| MSCI Emg Mkts | 0.57 | 43% |
Liquidity Measures
| Avg. volume (000) | 2 |
| ADV traded (mns) | $0 |
| Turnover | 0.2% |
| Avg. Bid/Ask (% of price) | 0.45% |
Technical Indicators
| 30d moving avg. (EMA) | $52.08 |
| Relative strength (RSI) | 53 |
| MACD/Signal | 0.27/-0.07 |
| Bollinger Bands (Upper/Lower) | $54.25/$48.23 |
| 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. TBLU |
Expenses vs. TBLU |
ALTAR Score™ vs. TBLU |
|---|---|---|---|---|
| CGW | Invesco S&P Global Water Index ETF | 58.2% | +17 bp | +0.1% |
| PIO | Invesco Global Water ETF | 49.3% | +35 bp | 0.0% |
| EFRA | iShares Environmental Infrastructure and Industrials ETF | 48.0% | +7 bp | +0.7% |
| PHO | Invesco Water Resources ETF | 44.1% | +20 bp | +0.5% |
| AQWA | Global X Clean Water ETF | 42.4% | +10 bp | +0.6% |
| EBLU | Ecofin Global Water ESG Fund | 41.1% | 0 bp | +0.1% |
| FIW | First Trust Water ETF | 37.5% | +13 bp | +0.6% |
| EVX | VanEck Environmental Services ETF | 29.6% | +15 bp | -0.3% |
| SIMS | State Street SPDR S&P Kensho Intelligent Structures ETF | 12.5% | +5 bp | +0.4% |
| FTRI | First Trust Indxx Global Natural Resources Income ETF | 12.0% | +30 bp | +1.2% |
Risk and Returns: TBLU 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 4/22/2026
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
4.8%
ALTAR SCORE™
57th
PERCENTILE
NEUTRAL
ETFRC RATING
There are 587 funds in the Global Equity category with an average
ALTAR Score™ of 4.4% and a standard deviation
of 2.6%. TBLU's ALTAR Score™ is approximately 0.2 standard
deviations above the category average. This places TBLU in the 57th percentile
among funds in the category.
Sell-Side Consensus
$61.01
PRICE TARGET
+16.2%
UPSIDE