Invesco KBW Bank ETF
$86.77−1.22 (−1.39%)
- 0.35%
- $6.1B
- +22.2%
- 2.12%
- 1.9M sh
- $87.59
- low $73.32high $100.61
The ETF.net KBWB Grade
B
Score 63 out of 100
- 3 of 9
Score 63 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.B62 out of 100Rank 2 of 9Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C52 out of 100Rank 4 of 9Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A88 out of 100Rank 1 of 9Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C46 out of 100Rank 7 of 9Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A75 out of 100Rank 2 of 9
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
- 28
- 60%
- WFC
Sectors
- Financials100.0%
Geography
- United States100.00%
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$12,223
Returns run to the Oct 12, 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 | +6.1% |
| 1 month | −8.7% |
| 3 months | −7.9% |
| 1 year | +22.2% |
| 3 years | +34.4% |
| 5 years | +7.9% |
| 10 years | +11.8% |
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 | +6.1% | |
| 2025 | +32.0% | |
| 2024 | +36.7% | |
| 2023 | −1.2% | |
| 2022 | −21.7% | |
| 2021 | +37.8% | |
| 2020 | −10.4% |
KBWB in the news
KBWB Dividends
- 2.12%
- $1.87
- $0.46 per share
- Quarterly
Distribution history
KBWB Risk
- 22.0%
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.
- 1.21
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.
Other funds in Banks
- BKBEState Street SPDR S&P Bank ETFExpense ratio 0.35%1 year return +14.9%
- BKREState Street SPDR S&P Regional Banking ETFExpense ratio 0.35%1 year return +18.3%
- BGSIBThemes Global Systemically Important Banks ETFExpense ratio 0.35%1 year return +36.3%
- BPBEUPortfolio Building Block European Banks Index ETFExpense ratio 0.13%1 year return —
- CFDIQInvesco Bloomberg Financial Data Providers ETFExpense ratio 0.35%1 year return —