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Launched · SEC filings

Invesco Next Gen Connectivity ETF

KNCTNYSE ArcaInvescoB

$172.70−0.94 (−0.54%)

As of Nov 10, 2026, 11:15 AM ET

B63/ 100

Rank 1 of 6 in Metaverse & Connectivity

B63/100Rank 1 of 6inMetaverse & Connectivity
Intraday session: down, 21 prints from 173.64 to 172.70. Range 171.97 to 173.92. Use the arrow keys to read each point.172.00173.00174.0010 AM12 PM2 PM4 PM
Expense ratio
0.40%
Fund size
$131M
1Y total return
+33.7%
Yield · Last 12 months
0.94%
Holdings
108
Avg volume · 30D
3.08K sh
52W range
low $126.32high $219.83
Launched
Filings
SEC EDGAR

The ETF.net KNCT Grade

Based on 5 of 6 pillars

B

Score 63 out of 100

Category
Metaverse & Connectivity⁠
Rank
1 of 6
Six-pillar profile for KNCT. Scores out of 100: Cost 81, Risk 46, Mission not scored, Tradability 60, Holdings 39, Durability 65. Strongest: Cost (81). Weakest: Holdings (39). Based on 5 of 6 pillars.

Score 63 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.
    A81 out of 100
    Rank 1 of 6

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C46 out of 100
    Rank 3 of 6

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B60 out of 100
    Rank 3 of 6

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D39 out of 100
    Rank 5 of 6

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B65 out of 100
    Rank 3 of 6

Our read on KNCT

ETF.net Research

In short

BA next-gen connectivity theme sitting on an unusually old ticker: KNCT dates to 2005. Today it tracks a global index of roughly 100 connectivity names for 0.40% a year.

Stated mandate

The fund is designed to follow the STOXX World AC NexGen Connectivity Index and normally invests at least 90% of its total assets in common stocks included in that Index.

Why people hold it

  • 0.40% a year undercuts what global thematic funds typically charge, so less of the theme's upside leaks out as fees.
  • Rules, not hunches: normally at least 90% of assets sit in common stocks from the STOXX World AC NexGen Connectivity Index.invesco.com
  • Global mandate rather than a US-only tech sleeve, spread across roughly 100 holdings, with distributions paid quarterly.
  • An operating history running back to 2005, a long resume in a category where most theme funds are only a few years old.

Worth knowing

  • Thinly traded. Spreads can widen and quotes get jumpy, especially away from the market's busiest hours.
  • One theme, roughly 100 stocks. The ride can look nothing like a broad global index in either direction.
  • Asset base is modest by ETF standards, which is worth knowing for anyone sizing a large position.

KNCT Holdings

Holdings pillarD39 out of 100Rank 5 of 6 in Metaverse & Connectivity
Asset class
Stocks
Holdings
108
Top-10 weight
56%
Largest holding
AAPL10.1%

Sectors

  • Technology83.2%
  • Communication12.3%
  • Real Estate4.0%
  • Industrials0.5%

Geography

  • United States71.15%
  • South Korea9.84%
  • Taiwan9.63%
  • Japan2.88%
  • China1.10%
  • Germany0.87%
  • India0.87%
  • United Kingdom0.56%
  • Other countries (11)3.11%

Developed 22% · Emerging 78% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 8.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1AAPLApple Inc10.06%38,509$13.2M725
22330.TWTaiwan Semiconductor Manufacturing Co Ltd8.17%162,022$10.7M177
3AVGOBroadcom Inc7.81%34,853$10.2M746
4MUMicron Technology Inc6.77%12,867$8.88M688
5005930.KSSamsung Electronics Co Ltd5.58%52,317$7.31M185
6000660.KSSK hynix Inc4.40%6,822$5.77M194
7CSCOCisco Systems Inc3.88%54,172$5.08M584
8PANWPalo Alto Networks Inc3.22%13,431$4.22M511
9INTCIntel Corp3.03%70,514$3.97M497
10CRWDCrowdstrike Holdings Inc2.78%16,782$3.64M491
11VZVerizon Communications Inc2.39%68,468$3.13M442
12ANETArista Networks Inc2.30%17,667$3.02M507
13QCOMQUALCOMM Inc1.98%15,701$2.6M520
14TAT&T Inc1.84%111,418$2.41M418
15IBMInternational Business Machines Corp1.76%9,396$2.3M441

Showing 1–15 of 108 holdings

KNCT Performance

Launched Jun 23, 2005

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

KNCT$13,370
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,339
Nov 7, 2025 to Nov 9, 2026. KNCT $13,370. SPY $11,339. Use the arrow keys to read each point.$10,000$12,500$15,000Nov 2025May 2026Nov 2026

Nov 7, 2025 – Nov 9, 2026

Returns run to the Nov 9, 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.

Trailing total return for KNCT. Periods over one year show the average yearly return.
PeriodKNCT
Year to date+30.6%
1 month−15.9%
3 months−11.3%
1 year+33.7%
3 yearsper year+31.3%
5 yearsper year+11.8%
10 yearsper year+17.0%

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for KNCT
YearReturn barKNCT
2026 YTD+30.6%
2025+28.6%
2024+19.4%
2023+27.4%
2022−29.5%
2021+21.8%
2020+39.1%

KNCT in the news

KNCT Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Nov 9, 2026.
0.94%Last 12 months
Payout per share
$1.64Last 12 months
Last payment
$0.72 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2017–2026

One bar per payment. 31 payments from 2017 to 2026 YTD. Jun 16, 2017 $0.24; Sep 18, 2017 $0.06; Jun 18, 2018 $0.12; Sep 24, 2018 $0.12; Dec 24, 2018 $0.35; Mar 18, 2019 $0.12; Jun 24, 2019 $0.12; Sep 23, 2019 $0.02; Mar 23, 2020 $0.02; Jun 22, 2020 $0.03; Sep 21, 2020 $0.10; Dec 21, 2020 $0.0039; Sep 20, 2021 $0.25; Dec 20, 2021 $0.31; Mar 21, 2022 $0.47; Jun 21, 2022 $0.52; Sep 19, 2022 $0.19; Dec 19, 2022 $0.40; Sep 18, 2023 $0.12; Dec 18, 2023 $0.41; Mar 18, 2024 $0.30; Jun 24, 2024 $0.43; Sep 23, 2024 $0.33; Dec 23, 2024 $0.39; Mar 24, 2025 $0.22; Jun 23, 2025 $0.36; Sep 22, 2025 $0.36; Dec 22, 2025 $0.22; Mar 23, 2026 $0.32; Jun 22, 2026 $0.39; Sep 21, 2026 $0.72. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 21, 2026Sep 25, 2026$0.72
Jun 22, 2026Jun 26, 2026$0.39
Mar 23, 2026Mar 27, 2026$0.32
Dec 22, 2025Dec 26, 2025$0.22
Sep 22, 2025Sep 26, 2025$0.36
Jun 23, 2025Jun 27, 2025$0.36
Mar 24, 2025Mar 28, 2025$0.22
Dec 23, 2024Dec 27, 2024$0.39
Sep 23, 2024Sep 27, 2024$0.33
Jun 24, 2024Jun 28, 2024$0.43
Mar 18, 2024Mar 22, 2024$0.30
Dec 18, 2023Dec 22, 2023$0.41

See all 36 payments⁠

$10,000 in KNCT 10 years ago paid $2,013 in dividends.⁠

KNCT Risk

Risk pillarC46 out of 100Rank 3 of 6 in Metaverse & Connectivity
How much the fund’s monthly returns vary, scaled to a year.
24.1%
Annualised · 36 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
1.21
vs 3-month T-bills · to Oct 2026
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.

The largest fall from a peak to the low that followed.
−34.6%
Trough Jun 2022
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.

How strongly the fund’s returns move with its asset-class index.
1.37
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

KNCT Cost

Compare KNCT and FMET

Overpaying vs FMET, cheapest in Metaverse & Connectivity

$192

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • KNCT 0.40%

    $8,090

  • FMET 0.39% Cheapest

    $7,898

$10,000
30 years

Cost over time

  • KNCT 0.40%
  • FMET 0.39%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530KNCT $8,090FMET $7,898

Year by year

YearKNCTFMETOverpaying
10$723$705$18
20$2,793$2,725$68
30$8,090$7,898$192

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