Invesco KBW High Dividend Yield Financial ETF
$10.53−0.05 (−0.48%)
- 5.39%
- $351M
- −8.4%
- 16.20%
- 0.4M sh
- $10.63
- low $10.54high $14.74
The ETF.net KBWD Grade
F
Score 22 out of 100
- 17 of 18
Score 22 of 100 falls in the F 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.F0 out of 100Rank 18 of 18Mission
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.F15 out of 100Rank 17 of 18Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D34 out of 100Rank 11 of 18Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A72 out of 100Rank 5 of 18Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C53 out of 100Rank 10 of 18
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
- 39
- 37%
- IVR
Sectors
- Financials57.7%
- Real Estate42.3%
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.
KBWD$9,158
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 | KBWD |
|---|---|
| Year to date | −14.4% |
| 1 month | −10.4% |
| 3 months | −12.0% |
| 1 year | −8.4% |
| 3 years | +1.7% |
| 5 years | −2.0% |
| 10 years | +3.2% |
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 | −14.4% | |
| 2025 | +5.6% | |
| 2024 | +4.3% | |
| 2023 | +20.2% | |
| 2022 | −19.1% | |
| 2021 | +31.9% | |
| 2020 | −15.4% |
KBWD in the news
KBWD Dividends
- 16.20%
- $1.71
- $0.13 per share
- Monthly
Distribution history
KBWD Risk
- 17.2%
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.
- −0.07
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
5.39%
KBWD5.39%
- The middle half of Financials (Broad) funds
- Median 0.37%
Every other Financials (Broad) fund charges less.
Other funds in Financials (Broad)
- CIAIiShares U.S. Broker-Dealers & Securities Exchanges ETFExpense ratio 0.37%1 year return +5.5%
- CEUFNiShares MSCI Europe Financials ETFExpense ratio 0.49%1 year return +20.0%
- DTFNST. Rowe Price Financials ETFExpense ratio 0.44%1 year return +10.5%
- DPFIInvesco Dorsey Wright Financial Momentum ETFExpense ratio 0.78%1 year return +6.9%
- FBCFNBaron Financials ETFExpense ratio 0.80%1 year return —