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Name

As of 11/20/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Invesco KBW Bank ETF

KBWB | ETF

$68.46

$1.54 B

2.47%

$1.70

0.35%

Vitals

YTD Return

42.4%

1 yr return

67.1%

3 Yr Avg Return

2.4%

5 Yr Avg Return

7.4%

Net Assets

$1.54 B

Holdings in Top 10

59.2%

52 WEEK LOW AND HIGH

$68.6
$42.29
$69.30

Expenses

OPERATING FEES

Expense Ratio 0.35%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Exchange Traded Fund

Name

As of 11/20/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Invesco KBW Bank ETF

KBWB | ETF

$68.46

$1.54 B

2.47%

$1.70

0.35%

KBWB - Profile

Distributions

  • YTD Total Return 42.4%
  • 3 Yr Annualized Total Return 2.4%
  • 5 Yr Annualized Total Return 7.4%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 2.25%
DIVIDENDS
  • Dividend Yield 2.5%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Invesco KBW Bank ETF
  • Fund Family Name
    INVESCOETF
  • Inception Date
    Nov 01, 2011
  • Shares Outstanding
    33130000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Peter Hubbard

Fund Description

The Fund generally will invest at least 90% of its total assets in the securities that comprise the Underlying Index.
Strictly in accordance with its guidelines and mandated procedures, Keefe, Bruyette & Woods, Inc. and Nasdaq, Inc. (“KBW Nasdaq” or the “Index Provider”) compile, maintain, and calculate the Underlying Index, which is a modified-market capitalization-weighted index of companies primarily engaged in U.S. banking activities, as determined by the Index Provider. The Underlying Index is designed to track the performance of large national U.S. money centers, regional banks, and thrift institutions that are publicly traded in the U.S. 
As of October 31, 2023, the Underlying Index was comprised of 24 securities with market capitalizations ranging from $4.5 billion to $404.1 billion.
The Fund employs a “full replication” methodology in seeking to track the Underlying Index, meaning that the Fund generally invests in all of the securities comprising the Underlying Index in proportion to their weightings in the Underlying Index.
The Fund is “non-diversified” and therefore is not required to meet certain diversification requirements under the Investment Company Act of 1940, as amended (the “1940 Act”).
Concentration Policy. The Fund will concentrate its investments (i.e., invest more than 25% of the value of its net assets) in securities of issuers in any one industry or group of industries only to the extent that the Underlying Index reflects a concentration in that industry or group of industries. The Fund will not otherwise concentrate its investments in securities of issuers in any one industry or group of industries. As of August 31, 2023, the Fund had significant exposure to the banking industry. The Fund's portfolio holdings, and the extent to which it concentrates its investments, are likely to change over time.
Read More

KBWB - Performance

Return Ranking - Trailing

Period KBWB Return Category Return Low Category Return High Rank in Category (%)
YTD 42.4% 5.8% 43.0% 2.25%
1 Yr 67.1% 9.5% 67.1% 1.12%
3 Yr 2.4%* -20.1% 19.5% 80.90%
5 Yr 7.4%* -6.1% 22.5% 80.90%
10 Yr 8.9%* -0.7% 15.9% 50.68%

* Annualized

Return Ranking - Calendar

Period KBWB Return Category Return Low Category Return High Rank in Category (%)
2023 -4.7% -12.2% 29.3% 91.01%
2022 -23.9% -56.2% 9.4% 77.53%
2021 34.7% 1.6% 54.4% 16.85%
2020 -13.5% -41.2% 61.3% 92.13%
2019 32.4% 10.5% 97.3% 8.99%

Total Return Ranking - Trailing

Period KBWB Return Category Return Low Category Return High Rank in Category (%)
YTD 42.4% 5.8% 43.0% 2.25%
1 Yr 67.1% 9.5% 67.1% 1.12%
3 Yr 2.4%* -20.1% 19.5% 80.90%
5 Yr 7.4%* -6.1% 22.5% 80.90%
10 Yr 8.9%* -0.7% 15.9% 50.68%

* Annualized

Total Return Ranking - Calendar

Period KBWB Return Category Return Low Category Return High Rank in Category (%)
2023 -1.2% -8.5% 32.0% 89.89%
2022 -21.7% -56.2% 11.4% 89.89%
2021 37.8% 18.8% 56.8% 25.84%
2020 -10.4% -41.2% 61.3% 92.13%
2019 35.9% 15.1% 101.7% 4.49%

KBWB - Holdings

Concentration Analysis

KBWB Category Low Category High KBWB % Rank
Net Assets 1.54 B 1.54 M 37.7 B 8.89%
Number of Holdings 26 24 407 94.38%
Net Assets in Top 10 1.03 B 657 K 21.2 B 5.62%
Weighting of Top 10 59.24% 12.9% 76.5% 15.73%

Top 10 Holdings

  1. Goldman Sachs Group, Inc. (The) 8.09%
  2. JPMorgan Chase Co. 8.03%
  3. Morgan Stanley 7.66%
  4. Bank of America Corp. 7.37%
  5. Wells Fargo Co. 7.06%
  6. Truist Financial Corp. 4.26%
  7. PNC Financial Services Group, Inc. (The) 4.25%
  8. U.S. Bancorp 4.21%
  9. State Street Corp. 4.17%
  10. Bank of New York Mellon Corp. (The) 4.14%

Asset Allocation

Weighting Return Low Return High KBWB % Rank
Stocks 		99.87% 92.97% 100.72% 13.48%
Cash 		0.95% 0.00% 24.47% 55.06%
Preferred Stocks 		0.00% 0.00% 3.05% 78.65%
Other 		0.00% -0.55% 3.97% 78.65%
Convertible Bonds 		0.00% 0.00% 0.00% 73.03%
Bonds 		0.00% 0.00% 2.80% 74.16%

Stock Sector Breakdown

Weighting Return Low Return High KBWB % Rank
Financial Services 		100.00% 46.33% 100.00% 20.22%
Utilities 		0.00% 0.00% 0.00% 73.03%
Technology 		0.00% 0.00% 43.13% 84.27%
Real Estate 		0.00% 0.00% 40.95% 88.76%
Industrials 		0.00% 0.00% 5.08% 78.65%
Healthcare 		0.00% 0.00% 0.20% 73.03%
Energy 		0.00% 0.00% 0.00% 73.03%
Communication Services 		0.00% 0.00% 4.06% 75.28%
Consumer Defense 		0.00% 0.00% 4.21% 73.03%
Consumer Cyclical 		0.00% 0.00% 42.54% 74.16%
Basic Materials 		0.00% 0.00% 0.00% 73.03%

Stock Geographic Breakdown

Weighting Return Low Return High KBWB % Rank
US 		99.87% 0.00% 100.72% 12.36%
Non US 		0.00% 0.00% 99.42% 82.02%

KBWB - Expenses

Operational Fees

KBWB Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.35% 0.08% 13.33% 92.13%
Management Fee 0.35% 0.03% 1.25% 11.11%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.10% 0.25% N/A

Sales Fees

KBWB Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

KBWB Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

KBWB Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 3.00% 406.00% 34.34%

KBWB - Distributions

Dividend Yield Analysis

KBWB Category Low Category High KBWB % Rank
Dividend Yield 2.47% 0.00% 11.71% 25.56%

Dividend Distribution Analysis

KBWB Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annual Quarterly Annual

Net Income Ratio Analysis

KBWB Category Low Category High KBWB % Rank
Net Income Ratio 2.25% -0.76% 10.57% 13.48%

Capital Gain Distribution Analysis

KBWB Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Semi-Annually Annually

Distributions History

View More +

KBWB - Fund Manager Analysis

Managers

Peter Hubbard

Start Date

Tenure

Tenure Rank

Nov 01, 2011

10.59

10.6%

Peter Hubbard, Vice President and Director of Portfolio Management of the Invesco PowerShares Capital Management LLC. Mr. Hubbard has been a Portfolio Manager of the Adviser since June 2007 and has been associated with the Adviser since 2005. Prior to joining the Invesco PowerShares Capital Management LLC, Hubbard was a research analyst and trader for Ritchie Capital from September 2003 to May 2005.

Michael Jeanette

Start Date

Tenure

Tenure Rank

Nov 01, 2011

10.59

10.6%

Michael Jeanette, Senior Portfolio Manager of Invesco Capital Management LLC, has been associated with Invesco Capital Management LLC since 2008. Prior to joining Invesco Capital Management LLC, Mr. Jeanette was a trust advisor and GM of Chicago based Richard Lamb, LLC from 1998 to 2007.

Tony Seisser

Start Date

Tenure

Tenure Rank

Feb 28, 2014

8.26

8.3%

Tony Seisser is a Vice President and Portfolio Manager of Invesco PowerShares Capital Management LLC since December 2013. Prior to joining the Adviser, he was employed by Guggenheim Funds Distributors, Inc. where he was a trader from 2010 to 2013. Prior to that, Mr. Seisser was a compliance investigator at the Chicago Board of Options Exchange and Chicago Futures Exchange from 2008 to 2010.

Pratik Doshi

Start Date

Tenure

Tenure Rank

Dec 20, 2019

2.45

2.5%

Pratik Doshi is a Portfolio Manager of Invesco Capital Management. Mr. Doshi has been a Portfolio Manager of Invesco Capital Management since October 2019 and has been associated with Invesco Capital Management since 2018. Prior to joining Invesco Capital Management, Mr. Doshi was a business student in the MBA program at the University of Chicago from 2016 to 2018. From 2014 to 2016, he served as a Vice President at Bank of America, and from 2007 to 2014 he served as Assistant Vice President at Barclays Capital.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 25.42 9.61 4.58

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