Invesco KBW Property & Casualty Insurance ETF
$124.99−0.27 (−0.22%)
- Expense ratio
- 0.35%
- Fund size
- $282M
- 1Y return
- +6.0%
- Yield · Last 12 months
- 1.96%
- Holdings
- 25
- Volume · 30D
- 0M sh
- NAV per share
- $127.20
- 52W range
The ETF.net KBWP Grade
Score 60 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.AScore 74Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 81Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 58Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 28Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 39Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.DScore 36Category rank
Our read on KBWP
BFinancials without the banks. KBWP holds a tight basket of property and casualty insurers, the companies that price hurricanes and fender-benders, tracking the KBW Nasdaq P&C index since 2010.
The Fund seeks to track, before fees and expenses, the investment results of its underlying index by investing primarily in securities that comprise that index.
Why people hold it
- A true pure play: around 25 property and casualty insurers, no banks, no brokers, no asset managers diluting the theme.invesco.com
- 0.35% a year, below the median for broad financial-sector ETFs, which is unusual for a niche slice this specific.
- Live since 2010, so it has run through full underwriting cycles and catastrophe seasons rather than a single market mood.
- Straightforward index build that has stayed close to its benchmark, and it lands in the upper half of its financials peer group overall.
Worth knowing
- Thinly traded next to financials heavyweights like XLF and VFH, so spreads can be wider and large orders need more care.
- Roughly 25 names means single-company news and big catastrophe losses land hard. Concentration is the point and the risk.
- US insurers only, and no bank exposure, so rate-driven bank moves that lift broad financials funds pass this one by.
KBWP Holdings
- Stocks
- 25
- 60%
- TRV
Sectors
- Financials100.0%
Geography
- United States67.57%
- Bermuda13.48%
- Switzerland7.82%
- Ireland6.69%
- United Kingdom4.45%
Developed 58% · Emerging 42%
KBWP 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 | KBWP |
|---|---|
| Year to date | −0.1% |
| 1 month | −6.3% |
| 3 months | +4.4% |
| 1 year | +6.0% |
| 3 years | +15.3% |
| 5 years | +12.6% |
| 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 | KBWP |
|---|---|---|
| 2026 YTD | −0.1% | |
| 2025 | +11.5% | |
| 2024 | +30.5% | |
| 2023 | +7.1% | |
| 2022 | +10.1% | |
| 2021 | +20.7% | |
| 2020 | −2.0% |
KBWP in the news
ETF.net Research hasn’t filed on KBWP yet — coverage lands here as it’s written.
KBWP Dividends
- 1.96%
- $2.45
- $0.36 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 21, 2026 | Pays Sep 25, 2026 | $0.36 |
| Jun 22, 2026 | Jun 26, 2026 | $0.50 |
| Mar 23, 2026 | Mar 27, 2026 | $0.99 |
| Dec 22, 2025 | Dec 26, 2025 | $0.60 |
| Sep 22, 2025 | Sep 26, 2025 | $0.37 |
| Jun 23, 2025 | Jun 27, 2025 | $0.38 |
| Mar 24, 2025 | Mar 28, 2025 | $0.65 |
| Dec 23, 2024 | Dec 27, 2024 | $0.78 |
| Sep 23, 2024 | Sep 27, 2024 | $0.34 |
| Jun 24, 2024 | Jun 28, 2024 | $0.31 |
| Mar 18, 2024 | Mar 22, 2024 | $0.48 |
| Dec 18, 2023 | Dec 22, 2023 | $0.44 |
KBWP Risk
- 16.7%
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.
- 0.87
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.
- −17.0%
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.
- 0.21
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
KBWP Cost
- The middle half of Financials (Broad) funds
- Median 0.37%
4 of the 18 Financials (Broad) funds charge less.