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
$ 55.4 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 +
| VERALTO CORPORATION | 8.0 % |
| ECOLAB INC | 7.7 % |
| AMERICAN WATER WORKS CO INC | 7.4 % |
| FERGUSON ENTERPRISES INC | 7.4 % |
| VEOLIA ENVIRONNEMENT | 7.4 % |
| XYLEM INC | 7.4 % |
| CIA SANEAMENTO BASICO DE-ADR | 4.8 % |
| UNITED UTILITIES GROUP PLC | 4.4 % |
| SEVERN TRENT PLC | 4.1 % |
| ESSENTIAL UTILITIES, INC. | 4.0 % |
Constituent Breakdown
| Number of holdings | 57 |
| Herfindahl-Hirschman Index | 488 |
| Wgt avg mkt cap (mns) | $22,581 |
| Large cap (>$10bn) | 73.7% |
| Mid cap ($2-10bn) | 22.4% |
| Small cap (<$2bn) | 3.1% |
| Developed mkts. | 94.5% |
| Emerging mkts. | 4.8% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 57.6 % |
 |
BRITAIN | 10.7 % |
 |
SWITZERLAND | 9.0 % |
 |
FRANCE | 7.4 % |
 |
JAPAN | 5.4 % |
 |
BRAZIL | 4.8 % |
 |
CANADA | 2.8 % |
 |
HONG KONG | 1.5 % |
Historical Performance
Standardized Performance (as of 09/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -3.9% | -8.4% | -1.3% | 8.7% | 1.4% | -- | -- | 7.1% |
| Dividend Yield | 1.0% | 3.2% | 2.4% | 2.3% | 2.0% | -- | -- | 1.8% |
| Total Returns | -3.0% | -5.2% | 1.1% | 10.9% | 3.4% | -- | -- | 9.0% | Ann. Volatility | 15.8% | 14.9% | 15.9% | 15.5% | 17.4% | -- | -- | 18.8% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.68 | 35% |
| MSCI EAFE | 0.68 | 53% |
| MSCI Emg Mkts | 0.29 | 24% |
Liquidity Measures
| Avg. volume (000) | 1 |
| ADV traded (mns) | $0 |
| Turnover | 0.1% |
| Avg. Bid/Ask (% of price) | 0.16% |
Technical Indicators
| 30d moving avg. (EMA) | $50.03 |
| Relative strength (RSI) | 55 |
| MACD/Signal | 0.24/0.01 |
| Bollinger Bands (Upper/Lower) | $51.15/$48.26 |
| Short interest (% of AUM) | 0.1% |
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 | 55.3% | +18 bp | -0.2% |
| PHO | Invesco Water Resources ETF | 49.0% | +19 bp | +0.0% |
| AQWA | Global X Clean Water ETF | 47.7% | +10 bp | +0.4% |
| EFRA | iShares Environmental Infrastructure and Industrials ETF | 46.7% | +7 bp | +0.6% |
| PIO | Invesco Global Water ETF | 46.4% | +35 bp | +0.3% |
| EBLU | Ecofin Global Water ESG Fund | 41.3% | 0 bp | +0.8% |
| FIW | First Trust Water ETF | 36.0% | +10 bp | +0.7% |
| EVX | VanEck Environmental Services ETF | 30.1% | +22 bp | -0.3% |
| FTRI | First Trust Indxx Global Natural Resources Income ETF | 15.6% | +30 bp | +3.2% |
| SIMS | State Street SPDR S&P Kensho Intelligent Structures ETF | 10.8% | +5 bp | +0.4% |
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 10/31/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
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
5.4%
ALTAR SCORE™
61st
PERCENTILE
OVERWEIGHT
ETFRC RATING
There are 755 funds in the Global Equity category with an average
ALTAR Score™ of 4.7% and a standard deviation
of 2.7%. TBLU's ALTAR Score™ is approximately 0.3 standard
deviations above the category average. This places TBLU in the 61st percentile
among funds in the category.
Sell-Side Consensus
$60.56
PRICE TARGET
+19.1%
UPSIDE