GHHO Overview

The Nasdaq Clean Edge Global Water™ Index (GHHO™) is a modified equal-weighted Index designed to track the performance of companies that derive a substantial portion of their revenues from the potable water and wastewater industry, as defined by Clean Edge. Industry exposure includes water distribution, infrastructure (pumps, pipes, and valves), water solutions (purification and filtration), and ancillary services such as consulting, construction, and metering. Companies are also evaluated on the basis of their business activities, controversies, and ESG Risk Ratings.

See index components and learn more about up-to-date performance, licensed financial products, and our methodologies below.

GHHO Constituents

(Last updated March 2025)


Recent GHHO Index Performance

Total Return Through March 31, 2025

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The Nasdaq Clean Edge Global Water™ Index (GHHO) began on October 21, 2024 at a base value of 1,000.00. Click here  to learn more.

To be eligible for inclusion in the Index, a security must meet the following criteria (see complete list of index screens by clicking on the Methodology link below):

  • a security’s issuer must derive a portion of their revenues from the water distribution, infrastructure, water solutions, and ancillary services industries, according to Clean Edge;
  • a security must be listed on an Index-eligible exchange;
  • eligible security types generally include common stocks, ordinary shares, and depositary receipts. Preferred shares and units are also eligible for securities listed in Brazil;
  • a minimum market capitalization of at least $500 million (USD);
  • a minimum free float of 20%;
  • three-month average daily value traded (ADVT) of at least $3 million (USD);
  • one security per issuer is permitted;
  • have “seasoned” for at least three full calendar months, not including the month of initial listing
  • have passed a five-point screen by Morningstar Sustainalytics
  • the issuer of the security may not have entered into a definitive agreement or other arrangement which would likely result in the security no longer being Index-eligible; 
  • may not be issued by an issuer currently in bankruptcy proceedings.