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 |
| 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 has a high expense ratio of 0.35%, indicating higher-than-average management fees.
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. VFH, KBWB vs. KRE, KBWB vs. KBWR, KBWB vs. IYF, KBWB vs. VOO, KBWB vs. SCHD, KBWB vs. SPY, 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 6.39% year-to-date (YTD) and 31.40% in the last 12 months. Over the past 10 years, Invesco KBW Bank ETF had an annualized return of 6.49%, while the S&P 500 had an annualized return of 10.37%, indicating that Invesco KBW Bank ETF did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 6.39% | 5.57% |
| 1 month | -3.30% | -4.16% |
| 6 months | 39.17% | 20.07% |
| 1 year | 31.40% | 20.82% |
| 5 years (annualized) | 2.84% | 11.56% |
| 10 years (annualized) | 6.49% | 10.37% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.14% | 1.26% | 8.80% | |||||||||
| 2023 | -5.42% | 15.41% | 13.35% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of KBWB is 58, suggesting that the investment has average results relative to the market in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Invesco KBW Bank ETF(KBWB)
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 granted a 3.21% dividend yield in the last twelve months. The annual payout for that period amounted to $1.67 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.67 | $1.57 | $1.57 | $1.44 | $1.32 | $1.39 | $1.12 | $0.74 | $0.72 | $0.58 | $0.58 | $0.51 |
Dividend yield | 3.21% | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.43 | |||||||||
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 2013 | $0.06 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.19 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
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 26.25%.
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 5.75%, 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.