Invesco KBW Bank ETF (KBWB)
KBWB is a passive ETF by Invesco tracking the investment results of the KBW Nasdaq Bank Index. KBWB launched on Nov 1, 2011 and has a 0.35% expense ratio.
ETF Info
| ISIN | US73937B7468 |
|---|---|
| CUSIP | 46138E628 |
| Issuer | Invesco |
| Inception Date | Nov 1, 2011 |
| Region | North America (U.S.) |
| Category | Financials Equities |
| Leveraged | 1x |
| Index Tracked | KBW Nasdaq Bank Index |
| Home Page | www.invesco.com |
| Asset Class | Equity |
Asset Class Size | Multi-Cap |
Asset Class Style | Value |
Expense Ratio
KBWB features an expense ratio of 0.35%, falling within the medium range.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: KBWB vs. XLF, KBWB vs. KBE, KBWB vs. KRE, KBWB vs. VFH, KBWB vs. KBWR, KBWB vs. IYF, KBWB vs. SPY, KBWB vs. VOO, KBWB vs. SCHD, KBWB vs. USRT
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Invesco KBW Bank ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Invesco KBW Bank ETF had a return of 29.72% year-to-date (YTD) and 57.24% in the last 12 months. Over the past 10 years, Invesco KBW Bank ETF had an annualized return of 7.81%, while the S&P 500 had an annualized return of 10.96%, indicating that Invesco KBW Bank ETF did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 29.72% | 20.10% |
| 1 month | 6.10% | -0.39% |
| 6 months | 19.44% | 11.72% |
| 1 year | 57.24% | 31.44% |
| 5 years (annualized) | 5.33% | 13.30% |
| 10 years (annualized) | 7.81% | 10.96% |
Monthly Returns
The table below presents the monthly returns of KBWB, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.14% | 1.26% | 8.80% | -3.30% | 4.10% | -0.21% | 9.87% | 1.41% | -0.97% | 6.69% | 29.72% | ||
| 2023 | 12.24% | -2.78% | -24.88% | -0.60% | -5.94% | 5.75% | 11.60% | -8.40% | -3.58% | -5.42% | 15.41% | 13.35% | -1.16% |
| 2022 | 2.18% | -0.40% | -7.20% | -11.23% | 6.22% | -13.14% | 7.55% | -2.21% | -9.14% | 8.79% | 4.75% | -7.04% | -21.69% |
| 2021 | -0.16% | 16.30% | 6.29% | 6.06% | 5.13% | -6.16% | -2.34% | 5.26% | 1.88% | 6.44% | -5.59% | 1.34% | 37.72% |
| 2020 | -7.38% | -12.81% | -27.87% | 14.05% | 0.39% | 0.43% | 0.31% | 3.10% | -4.47% | 5.92% | 17.58% | 8.64% | -10.46% |
| 2019 | 13.01% | 3.92% | -6.21% | 9.27% | -9.93% | 7.04% | 4.24% | -8.46% | 7.76% | 3.84% | 6.07% | 3.40% | 35.90% |
| 2018 | 8.09% | -2.12% | -5.23% | 0.45% | -0.80% | -1.77% | 4.87% | 1.42% | -4.65% | -5.57% | 2.98% | -15.59% | -18.30% |
| 2017 | -0.42% | 5.42% | -4.13% | -0.91% | -2.40% | 7.78% | 0.45% | -2.93% | 6.90% | 2.29% | 3.32% | 2.20% | 18.11% |
| 2016 | -12.72% | -5.30% | 6.78% | 7.68% | 2.81% | -8.31% | 5.03% | 7.05% | -2.37% | 5.29% | 17.44% | 5.37% | 28.13% |
| 2015 | -10.31% | 8.55% | -0.05% | 2.24% | 2.70% | 2.40% | 1.48% | -7.19% | -3.64% | 4.14% | 4.62% | -3.47% | -0.13% |
| 2014 | -2.82% | 2.75% | 4.95% | -5.39% | 1.00% | 3.50% | -1.39% | 1.91% | 0.36% | 0.92% | 1.08% | 2.44% | 9.24% |
| 2013 | 5.21% | 0.43% | 4.29% | 1.18% | 6.50% | 1.85% | 7.13% | -5.30% | 0.11% | 3.32% | 5.79% | 2.29% | 37.35% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of KBWB is 83, placing it in the top 17% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Invesco KBW Bank ETF (KBWB) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Invesco KBW Bank ETF provided a 2.63% dividend yield over the last twelve months, with an annual payout of $1.64 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.64 | $1.57 | $1.57 | $1.44 | $1.32 | $1.39 | $1.12 | $0.74 | $0.72 | $0.58 | $0.58 | $0.51 |
Dividend yield | 2.63% | 3.20% | 3.05% | 2.13% | 2.62% | 2.38% | 2.54% | 1.35% | 1.53% | 1.53% | 1.52% | 1.43% |
Monthly Dividends
The table displays the monthly dividend distributions for Invesco KBW Bank ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.43 | $0.00 | $0.00 | $0.40 | $0.00 | $0.00 | $0.42 | $0.00 | $0.00 | $1.25 | |
| 2023 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.45 | $0.00 | $0.00 | $0.41 | $0.00 | $0.00 | $0.39 | $1.57 |
| 2022 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $0.45 | $0.00 | $0.00 | $0.38 | $0.00 | $0.00 | $0.41 | $1.57 |
| 2021 | $0.00 | $0.00 | $0.29 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $0.48 | $1.44 |
| 2020 | $0.00 | $0.00 | $0.37 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.29 | $0.00 | $0.00 | $0.33 | $1.32 |
| 2019 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.37 | $0.00 | $0.00 | $0.45 | $1.39 |
| 2018 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $0.38 | $1.12 |
| 2017 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.28 | $0.74 |
| 2016 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.27 | $0.72 |
| 2015 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.23 | $0.58 |
| 2014 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.22 | $0.58 |
| 2013 | $0.06 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.19 | $0.51 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Invesco KBW Bank ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Invesco KBW Bank ETF was 50.27%, occurring on Mar 23, 2020. Recovery took 206 trading sessions.
The current Invesco KBW Bank ETF drawdown is 10.08%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -50.27% | Jan 3, 2020 | 55 | Mar 23, 2020 | 206 | Jan 14, 2021 | 261 |
| -49.31% | Jan 14, 2022 | 327 | May 4, 2023 | — | — | — |
| -29.43% | Feb 2, 2018 | 225 | Dec 24, 2018 | 244 | Dec 12, 2019 | 469 |
| -29.1% | Jul 23, 2015 | 141 | Feb 11, 2016 | 189 | Nov 9, 2016 | 330 |
| -18.02% | Mar 27, 2012 | 48 | Jun 4, 2012 | 71 | Sep 13, 2012 | 119 |
Volatility
Volatility Chart
The current Invesco KBW Bank ETF volatility is 5.57%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.