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Opinions Terry Shaunessy
ISHARES SP GLOBAL WATER IDX ETFCWW.TOCOMMENTFeb 07, 2019
Terry ShaunessyUnknown
$33.45
Stock price when the opinion was issued
$65.80
As of Jun 19, 2026. Market Open.
E.T.F.'s
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COMMENT
BUY ON WEAKNESS
Why do the dividends on this and similar ETFs fluctuate so much from quarter to quarter? The lumpiness may be due to M&A activity in the space and CQQ had to distribute a capital gain; or some international stocks pay dividends only once a year, so they're lumpy. Water infrastructure is so essential to human life, and this infrastructure is 100 years old and needs repair. A massive opportunity to rebuild and fix this, but the water space is not cheap.
E.T.F.'s
BUY
He's used it in the past, buy uses something else with more diversity. But CWW is good with fine diversification and has performed well this year. We're in a world dealing with climate change and drought. So getting water to people is becoming a bigger deal and therefore more demand for companies that deal in water. CWW is fairly safe for this need for water.
E.T.F.'s
DON'T BUY
A long-term hold to buy on dips. Not a fan of water stocks. Limits your water stocks to 5% on your portfolio. If you want dividends, go to banks and utilities. These stocks will grow, but likely valuations will run ahead of the stocks. Better to donate to a water charity than buying water stocks.
E.T.F.'s
PAST TOP PICK
(A Top Pick Sep 04/18, Down 5%) It's industrials and utilities in water. He's not surprised this is under water because industrials are down. As climate change worsens, governments will need to invest heavily in water infrastructure (due to flooding and drought). He has no problem adding to his position.
Tim NashOwned
E.T.F.'s
TOP PICK
Global warming means water is precious, and governments will invest in water infrastructure. This sector will do really well as global warming increases.
Tim NashOwned
E.T.F.'s
This is part of the ESG (environmental, social and governance) theme. It is a good instrument if this cause is close to your heart. Might be early (Which, financially early is like being wrong) as an investment.