Question: **Aliens, for some unknown reason, want all the water (H2O) in our oceans, seas, lakes, rivers, (all large bodies of water on earth), and plan to steal it from us overnight.** 

Luckily for us, they don't want to wreck life on this planet. 

As highly advanced lifeforms, they have the technology to replace all our water with an equivalent amount of "magic liquid". We don't know why they can't make H2O - they just can't, but they can make anything else.

**So the question is: Is there a replacement for H2O that the aliens can replace our water with that won't destroy life as we know it? This chemical compound should have most (if not all) of the properties of H2O.** 

**Note:** How they manage to do this is irrelevant. You can assume that by some hand-waved process, all the H2O just gets replaced with the aforementioned magic liquid instantaneously.

Answer: 
I believe the answer is "NO". Water is water is water. On top of that, hydrogen and oxygen are two of the most abundant elements in the universe. Stealing it from a populated planet (where you don't want to hurt the lifeforms) is madness.
It is a non-believable old story trope that aliens want *our* water. Why not just grab a chunk from the Oort cloud? I read reciently that it looks like one of Jupiter's moons appears to have a bit more water than Earth's oceans. The most common elements in the universe are, in order, Hydrogen, Helium, and Oxygen. Water is ubiquitous.