Sector Snapshot: Water ETF Performance Trails Broader Markets in 2025 The S&P Global Water Index, tracked by CGW, posted a 2.79% year-to-date return as of March 31, lagging the MSCI EAFE Index’s 6.86%. Despite this, CGW’s long-term annualized returns remain robust, highlighting the sector’s resilience and appeal for investors focused on sustainable infrastructure.25