Invesco KBW Property & Casualty Insurance ETF
$128.22+0.61 (+0.47%)
- 0.35%
- $278M
- +6.5%
- 1.92%
- 0M sh
- $126.33
- low $114.62high $140.37
The ETF.net KBWP Grade
B
Score 60 out of 100
- 8 of 18
Score 60 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.A74 out of 100Rank 5 of 18Mission
Whether the fund did what it promised, tested against its stated mandate.A82 out of 100Rank 5 of 10Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C51 out of 100Rank 11 of 18Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D31 out of 100Rank 14 of 18Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D39 out of 100Rank 15 of 18Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D36 out of 100Rank 14 of 18
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
- 26
- 61%
- CB
Sectors
- Financials100.0%
Geography
- United States66.98%
- Bermuda13.76%
- Switzerland8.45%
- Ireland7.13%
- United Kingdom3.67%
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.
KBWP$10,645
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 | KBWP |
|---|---|
| Year to date | +1.8% |
| 1 month | −1.4% |
| 3 months | −3.2% |
| 1 year | +6.5% |
| 3 years | +16.5% |
| 5 years | +12.5% |
| 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 | +1.8% | |
| 2025 | +11.5% | |
| 2024 | +30.5% | |
| 2023 | +7.1% | |
| 2022 | +10.1% | |
| 2021 | +20.7% | |
| 2020 | −2.0% |
KBWP in the news
KBWP Dividends
- 1.92%
- $2.45
- $0.36 per share
- Quarterly
Distribution history
KBWP Risk
- 17.4%
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.
- 0.66
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
0.35%
KBWP0.35%
- The middle half of Financials (Broad) funds
- Median 0.37%
4 of the 18 Financials (Broad) funds charge less.
Other funds in Financials (Broad)
- BIYFiShares U.S. Financials ETFExpense ratio 0.37%1 year return +7.3%
- BPSCFInvesco S&P SmallCap Financials ETFExpense ratio 0.29%1 year return +14.4%
- BIAKiShares U.S. Insurance ETFExpense ratio 0.37%1 year return +10.4%
- BFXOFirst Trust Financials AlphaDEX FundExpense ratio 0.60%1 year return +12.0%
- CRSPFInvesco S&P 500 Equal Weight Financials ETFExpense ratio 0.40%1 year return +6.5%