Invesco KBW Bank ETF
$89.46−0.75 (−0.83%)
- Expense ratio
- 0.35%
- Fund size
- $6.5B
- 1Y return
- +17.1%
- Yield · Last 12 months
- 2.07%
- Holdings
- 26
- Volume · 30D
- 1.6M sh
- NAV per share
- $92.37
- 52W range
The ETF.net KBWB Grade
Score 63 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.BScore 62Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 52Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 88Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 46Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 75Category rank
Our read on KBWB
BBanks, and nothing but. KBWB has tracked the KBW Nasdaq Bank Index since 2011, packing roughly two dozen US bank stocks into one ticker with no insurers or asset managers diluting the theme.
The Fund seeks to track the KBW Nasdaq Bank Index and normally invests at least 90% of its total assets in securities represented by that index.
Why people hold it
- Undiluted US bank exposure: it tracks the KBW Nasdaq Bank Index and normally keeps at least 90% of assets in that index's securities.
- A multi-billion-dollar fund that trades actively, so entering and exiting is usually straightforward even on noisy days for the sector.
- 0.35% expense ratio, the going rate in bank funds and the same sticker as SPDR rivals KBE and KRE.
- Live since 2011 and one of the stronger builds in its bank-fund peer group, with a mandate that has stayed put.
Worth knowing
- Around 26 holdings in a single industry. When banks wobble, there is nothing else in the basket to absorb it.
- Bank shares live and die by rates, credit conditions and regulation, which makes for a bumpier ride than a broad-market fund.
- Distributions land quarterly, not monthly, and the amount moves with what the underlying banks choose to pay.
KBWB Holdings
- Stocks
- 26
- 61%
- JPM
Sectors
Geography
KBWB Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
KBWB$11,710
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | KBWB |
|---|---|
| Year to date | +8.8% |
| 1 month | −5.2% |
| 3 months | −3.0% |
| 1 year | +17.1% |
| 3 years | +34.4% |
| 5 years | +10.1% |
| 10 years | +12.3% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | KBWB |
|---|---|---|
| 2026 YTD | +8.8% | |
| 2025 | +32.0% | |
| 2024 | +36.7% | |
| 2023 | −1.2% | |
| 2022 | −21.7% | |
| 2021 | +37.8% | |
| 2020 | −10.4% |
KBWB in the news
KBWB Dividends
- 2.07%
- $1.87
- $0.46 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 21, 2026 | Pays Sep 25, 2026 | $0.46 |
| Jun 22, 2026 | Jun 26, 2026 | $0.47 |
| Mar 23, 2026 | Mar 27, 2026 | $0.49 |
| Dec 22, 2025 | Dec 26, 2025 | $0.44 |
| Sep 22, 2025 | Sep 26, 2025 | $0.45 |
| Jun 23, 2025 | Jun 27, 2025 | $0.41 |
| Mar 24, 2025 | Mar 28, 2025 | $0.41 |
| Dec 23, 2024 | Dec 27, 2024 | $0.36 |
| Sep 23, 2024 | Sep 27, 2024 | $0.42 |
| Jun 24, 2024 | Jun 28, 2024 | $0.40 |
| Mar 18, 2024 | Mar 22, 2024 | $0.43 |
| Dec 18, 2023 | Dec 22, 2023 | $0.39 |
KBWB Risk
- 21.4%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.31
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −49.3%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.24
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
KBWB Cost
0.35%
KBWB0.35%
- The middle half of Banks funds
- Median 0.35%
1 of the 9 Banks funds charge less.