Invesco KBW High Dividend Yield Financial ETF
$11.53−0.19 (−1.62%)
- Expense ratio
- 5.39%
- Fund size
- $384M
- 1Y return
- −1.4%
- Yield · Last 12 months
- 14.63%
- Holdings
- 38
- Volume · 30D
- 0.4M sh
- NAV per share
- $11.67
- 52W range
The ETF.net KBWD Grade
Score 22 of 100 sits in the F 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.FScore 0Category 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.FScore 17Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 32Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 71Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 53Category rank
Our read on KBWD
FMost financials ETFs are a bet on big banks. KBWD flips the screen and picks financial companies on dividend yield instead, packing about 40 of them into a monthly-paying portfolio. It has run that playbook since 2010.
The Fund generally invests at least 90% of its assets in publicly listed financial companies selected for competitive dividend yields.
Why people hold it
- Yield is the entire selection rule: the KBW Nasdaq Financial Sector Dividend Yield Index screens listed financial companies for competitive dividend yields, not size.invesco.com
- Distributions land monthly, not quarterly.
- About 40 holdings, so the income-heavy corners of finance actually drive the fund instead of getting buried under mega-cap banks.
- Live since 2010 and moderately traded, with assets in the hundreds of millions. This is a long-running strategy, not a launch-week experiment.
Worth knowing
- Cost is the headline trade-off: a 5.39% total expense ratio against a 0.44% median for broad financials funds. That is a wide gap for the yield to cover.
- Plain financials exposure is far cheaper. XLF runs 0.08% and VFH 0.09%, but both lean toward the big banks rather than the highest payers.
- Screening for the fattest yields in finance concentrates you in roughly 40 rate-sensitive names inside one sector.
KBWD Holdings
- Stocks
- 38
- 37%
- FSK
Sectors
- Financials60.7%
- Real Estate39.3%
Geography
- United States100.00%
KBWD Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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 | KBWD |
|---|---|
| Year to date | −5.2% |
| 1 month | −4.9% |
| 3 months | +1.1% |
| 1 year | −1.4% |
| 3 years | +3.4% |
| 5 years | +0.7% |
| 10 years | +4.0% |
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 | KBWD |
|---|---|---|
| 2026 YTD | −5.2% | |
| 2025 | +5.6% | |
| 2024 | +4.3% | |
| 2023 | +20.2% | |
| 2022 | −19.1% | |
| 2021 | +31.9% | |
| 2020 | −15.4% |
KBWD in the news
ETF.net Research hasn’t filed on KBWD yet — coverage lands here as it’s written.
KBWD Dividends
- 14.63%
- $1.71
- $0.13 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 21, 2026 | Pays Sep 25, 2026 | $0.13 |
| Aug 24, 2026 | Aug 28, 2026 | $0.14 |
| Jul 20, 2026 | Jul 24, 2026 | $0.14 |
| Jun 22, 2026 | Jun 26, 2026 | $0.14 |
| May 18, 2026 | May 22, 2026 | $0.14 |
| Apr 20, 2026 | Apr 24, 2026 | $0.14 |
| Mar 23, 2026 | Mar 27, 2026 | $0.15 |
| Feb 23, 2026 | Feb 27, 2026 | $0.15 |
| Jan 20, 2026 | Jan 23, 2026 | $0.15 |
| Dec 22, 2025 | Dec 26, 2025 | $0.15 |
| Nov 24, 2025 | Nov 28, 2025 | $0.15 |
| Oct 20, 2025 | Oct 24, 2025 | $0.15 |
KBWD Risk
- 16.2%
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.
- 0.06
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.
- −30.7%
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.
- 0.80
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
KBWD Cost
- The middle half of Financials (Broad) funds
- Median 0.37%
Every other Financials (Broad) fund charges less.