Invesco KBW Premium Yield Equity REIT ETF
$16.45+0.01 (+0.03%)
- 0.35%
- $289M
- +19.6%
- 9.00%
- 0.2M sh
- $16.39
- low $14.82high $19.35
The ETF.net KBWY Grade
B
Score 59 out of 100
- 12 of 22
Score 59 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.C50 out of 100Rank 11 of 22Mission
Whether the fund did what it promised, tested against its stated mandate.A85 out of 100Rank 14 of 16Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C40 out of 100Rank 18 of 22Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C46 out of 100Rank 11 of 22Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A74 out of 100Rank 8 of 22Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B56 out of 100Rank 12 of 22
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
- 45%
- 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.
KBWY$11,956
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 | KBWY |
|---|---|
| Year to date | +13.7% |
| 1 month | −5.3% |
| 3 months | −9.4% |
| 1 year | +19.6% |
| 3 years | +7.8% |
| 5 years | +0.6% |
| 10 years | +0.5% |
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 | +13.7% | |
| 2025 | −5.3% | |
| 2024 | −3.5% | |
| 2023 | +12.9% | |
| 2022 | −19.0% | |
| 2021 | +31.2% | |
| 2020 | −25.8% |
KBWY in the news
Category Review
Vanguard's property fund lost a first-half lead over stocks
KBWY Dividends
- 9.00%
- $1.48
- $0.12 per share
- Monthly
Distribution history
KBWY Risk
- 20.3%
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.
- 0.23
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.
- 1.00
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
0.35%
KBWY0.35%
- The middle half of US Real Estate funds
- Median 0.35%
10 of the 21 US Real Estate funds charge less.
Other funds in US Real Estate
- BRDOGALPS REIT Dividend Dogs ETFExpense ratio 0.35%1 year return +16.0%
- BIYRiShares U.S. Real Estate ETFExpense ratio 0.37%1 year return +5.9%
- CRSPRInvesco S&P 500 Equal Weight Real Estate ETFExpense ratio 0.40%1 year return +2.1%
- BREZiShares Residential and Multisector Real Estate ETFExpense ratio 0.48%1 year return +11.0%
- CPPTYUS Diversified Real Estate ETFExpense ratio 0.53%1 year return +9.1%