Invesco KBW Premium Yield Equity REIT ETF
$16.89−0.32 (−1.83%)
- Expense ratio
- 0.35%
- Fund size
- $311M
- 1Y return
- +16.4%
- Yield · Last 12 months
- 8.60%
- Holdings
- 29
- Volume · 30D
- 0.2M sh
- NAV per share
- $17.16
- 52W range
The ETF.net KBWY Grade
Score 59 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.CScore 50Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 85Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 38Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 46Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 74Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 57Category rank
Our read on KBWY
BMost real estate ETFs own the sector by size. KBWY goes yield hunting instead: a tight basket of roughly 30 equity REITs picked for premium payouts, with cash out the door monthly.
The fund seeks to track, before fees and expenses, the performance of the MSCI US REIT Index.
Why people hold it
- A yield-first slice of the REIT market rather than a cap-weighted mirror of it: around 30 equity REITs screened for premium payouts, distributing monthly.
- At 0.35% a year, the fee sits a shade under the typical US real estate ETF, which is unusual for a screened, non-vanilla strategy.
- Live since 2010 and a close reader of its own rulebook: it stays tightly aligned with its stated yield mandate, and lands in the upper half of its real estate peer group.
Worth knowing
- Roughly 30 holdings, so one landlord's bad quarter shows up here far louder than in broad REIT funds holding hundreds of names.
- Plain cap-weighted REIT trackers cost far less: SCHH at 0.07% and VNQ at 0.13% versus 0.35% here. You are paying for the yield screen.
- Moderately traded rather than a category heavyweight, so spreads can run wider than the largest real estate ETFs, especially in fast markets.
KBWY Holdings
- Other
- 29
- 46%
- IIPR
Geography
- United States100.00%
KBWY 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 | KBWY |
|---|---|
| Year to date | +19.0% |
| 1 month | −4.6% |
| 3 months | −1.7% |
| 1 year | +16.4% |
| 3 years | +8.1% |
| 5 years | +1.8% |
| 10 years | +0.2% |
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 | KBWY |
|---|---|---|
| 2026 YTD | +19.0% | |
| 2025 | −5.3% | |
| 2024 | −3.5% | |
| 2023 | +12.9% | |
| 2022 | −19.0% | |
| 2021 | +31.2% | |
| 2020 | −25.8% |
KBWY in the news
ETF.net Research hasn’t filed on KBWY yet — coverage lands here as it’s written.
KBWY Dividends
- 8.60%
- $1.48
- $0.12 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 21, 2026 | Pays Sep 25, 2026 | $0.12 |
| Aug 24, 2026 | Aug 28, 2026 | $0.12 |
| Jul 20, 2026 | Jul 24, 2026 | $0.12 |
| Jun 22, 2026 | Jun 26, 2026 | $0.12 |
| May 18, 2026 | May 22, 2026 | $0.12 |
| Apr 20, 2026 | Apr 24, 2026 | $0.13 |
| Mar 23, 2026 | Mar 27, 2026 | $0.12 |
| Feb 23, 2026 | Feb 27, 2026 | $0.13 |
| Jan 20, 2026 | Jan 23, 2026 | $0.13 |
| Dec 22, 2025 | Dec 26, 2025 | $0.13 |
| Nov 24, 2025 | Nov 28, 2025 | $0.13 |
| Oct 20, 2025 | Oct 24, 2025 | $0.13 |
KBWY Risk
- 20.6%
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.
- 0.20
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.
- −32.3%
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.
- 0.98
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
KBWY Cost
- The middle half of US Real Estate funds
- Median 0.35%
10 of the 21 US Real Estate funds charge less.