---
ticker: "KBWP"
name: "Invesco KBW Property & Casualty Insurance ETF"
url: "https://etf.net/etf/KBWP"
grade: "B"
score: 60
graded_at: "2026-10-12"
category: "Financials (Broad)"
category_rank: "8 of 18"
methodology: "https://etf.net/methodology"
---

# KBWP: Invesco KBW Property & Casualty Insurance ETF

Grade **B**, Score 60 of 100. Rank 8 of 18 in Financials (Broad).

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 74 | 5 of 18 |
| Mission | 82 | 5 of 10 |
| Risk | 51 | 11 of 18 |
| Tradability | 31 | 14 of 18 |
| Holdings | 39 | 15 of 18 |
| Durability | 36 | 14 of 18 |

## Top holdings

The fund holds 26 positions. These are the largest 26, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | CB | Chubb Ltd | 8.44% |
| 2 | TRV | Travelers Cos Inc/The | 8.44% |
| 3 | PGR | Progressive Corp/The | 8.35% |
| 4 | MRSH | Marsh & McLennan Cos Inc | 7.76% |
| 5 | AON | Aon PLC | 7.13% |
| 6 | WRB | W R Berkley Corp | 4.46% |
| 7 | AIG | American International Group Inc | 4.23% |
| 8 | ACGL | Arch Capital Group Ltd | 4.08% |
| 9 | CINF | Cincinnati Financial Corp | 4.03% |
| 10 | HIG | Hartford Insurance Group Inc/The | 3.94% |
| 11 | RE | Everest Group Ltd | 3.91% |
| 12 | RNR | RenaissanceRe Holdings Ltd | 3.81% |
| 13 | ALL | Allstate Corp/The | 3.73% |
| 14 | AJG | Arthur J Gallagher & Co | 3.72% |
| 15 | WTW | Willis Towers Watson PLC | 3.67% |
| 16 | BRO | Brown & Brown Inc | 3.65% |
| 17 | AIZ | Assurant Inc | 3.64% |
| 18 | AFG | American Financial Group Inc/OH | 3.24% |
| 19 | THG | Hanover Insurance Group Inc/The | 2.11% |
| 20 | AXS | Axis Capital Holdings Ltd | 1.95% |
| 21 | MCY | Mercury General Corp | 1.57% |
| 22 | RLI | RLI Corp | 1.41% |
| 23 | SIGI | Selective Insurance Group Inc | 1.39% |
| 24 | RYAN | Ryan Specialty Holdings Inc | 1.25% |
| 25 | — | USD Pending Dividends | 0.09% |
| 26 | AGPXX | Invesco Government & Agency Portfolio | 0.03% |

Source: etf.net, https://etf.net/etf/KBWP. Please cite the page URL.