Invesco KBW Bank ETF (KBWB) belongs to the Financials Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with KBWB. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to KBWB
KBWB charges 0.35% annually. There are 8 ETFs in the Financials Equities category with lower expense ratios, going as low as 0.08%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Financial Select Sector SPDR ETF | 0.08% | 57.61B | Dec 1998 | KBWB vs XLF | |
| Fidelity MSCI Financials Index ETF | 0.08% | 2.23B | Oct 2013 | KBWB vs FNCL | |
| Vanguard Financials ETF | 0.09% | 13.90B | Jan 2004 | KBWB vs VFH | |
| Gabelli Financial Services Opportunities ETF | 0.10% | 50.20M | May 2022 | KBWB vs GABF | |
| VanEck Financials TruSector ETF | 0.10% | 593.86K | Apr 2026 | KBWB vs TRUF |
Best Risk-Adjusted Alternatives to KBWB
KBWB has a PortfoliosLab risk / return rank of 65. There are 4 ETFs in the Financials Equities category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| HSBC Holdings plc ADRhedged ETF | 95 | 5.04M | Oct 2024 | KBWB vs HSBH | |
| Themes Global Systemically Important Banks ETF | 90 | 48.36M | Dec 2023 | KBWB vs GSIB | |
| iShares MSCI Europe Financials ETF | 74 | 4.20B | Jan 2010 | KBWB vs EUFN | |
| Invesco S&P SmallCap Financials ETF | 67 | 27.49M | Apr 2010 | KBWB vs PSCF | |
| iShares Global Financials ETF | 65 | 690.89M | Nov 2001 | KBWB vs IXG |
Top Performing KBWB Alternatives (YTD)
KBWB is at 15.29% YTD. There are 10 ETFs in the Financials Equities category with higher YTD returns, going as high as 38.03%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| HSBC Holdings plc ADRhedged ETF | 38.03% | 5.04M | Oct 2024 | KBWB vs HSBH | |
| First Trust NASDAQ ABA Community Bank Index Fund | 23.18% | 93.23M | Jun 2009 | KBWB vs QABA | |
| Themes Global Systemically Important Banks ETF | 22.66% | 48.36M | Dec 2023 | KBWB vs GSIB | |
| Portfolio Building Block European Banks Index ETF | 21.81% | 438.81M | Nov 2025 | KBWB vs PBEU | |
| SPDR S&P Regional Banking ETF | 18.73% | 4.62B | Jun 2006 | KBWB vs KRE |
Lowest Volatility Alternatives to KBWB
KBWB has 20.60% 1-year volatility. There are 29 ETFs in the Financials Equities category with lower 1-year volatility, going as low as 11.88%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Financial Select Sector SPDR Premium ... | 11.88% | 7.51M | Jul 2025 | KBWB vs XLFI | |
| iShares MSCI Kuwait ETF | 13.36% | 68.36M | Sep 2020 | KBWB vs KWT | |
| VanEck Financials TruSector ETF | 13.53% | 593.86K | Apr 2026 | KBWB vs TRUF | |
| iShares Global Financials ETF | 14.12% | 690.89M | Nov 2001 | KBWB vs IXG | |
| iShares U.S. Financials ETF | 14.67% | 4.43B | May 2000 | KBWB vs IYF |
Lowest Drawdown Alternatives to KBWB
KBWB has a 1-year max drawdown of -16.38%. There are 25 ETFs in the Financials Equities category with shallower 1-year drawdowns, going as shallow as -7.62%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares U.S. Insurance ETF | -7.62% | 537.00M | May 2006 | KBWB vs IAK | |
| Invesco KBW Property & Casualty Insurance ETF | -9.56% | 272.55M | Dec 2010 | KBWB vs KBWP | |
| Invesco S&P SmallCap Financials ETF | -9.91% | 27.49M | Apr 2010 | KBWB vs PSCF | |
| iShares Global Financials ETF | -11.33% | 690.89M | Nov 2001 | KBWB vs IXG | |
| iShares MSCI Kuwait ETF | -11.54% | 68.36M | Sep 2020 | KBWB vs KWT |
Other ETFs from Invesco
The 10 most viewed Invesco ETFs shown here include QQQ, SPMO, QQQM and span 12 categories. AUM among these funds goes as high as $453B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | Nasdaq-100 | 49 | 12.26% | 452.80B | Mar 1999 | KBWB vs QQQ | |
| Invesco S&P 500 Momentum ETF | Momentum, S&P 500 | 46 | 21.07% | 21.05B | Oct 2015 | KBWB vs SPMO | |
| Invesco NASDAQ 100 ETF | Nasdaq-100 | 49 | 12.29% | 97.11B | Oct 2020 | KBWB vs QQQM | |
| Invesco S&P 500 Equal Weight ETF | S&P 500, Equal Weight | 73 | 13.16% | 96.96B | Apr 2003 | KBWB vs RSP | |
| Invesco PHLX Semiconductor ETF | Semiconductors, Technology Equities | 88 | 59.97% | 2.58B | Jun 2021 | KBWB vs SOXQ | |
| Invesco S&P 500 Quality ETF | Quality Factor, S&P 500, Large Cap Blend Equities | 62 | 13.51% | 19.45B | Dec 2005 | KBWB vs SPHQ | |
| Invesco S&P 500 Top 50 ETF | S&P 500 | 35 | 2.89% | 10.56B | May 2005 | KBWB vs XLG | |
| Invesco S&P 500® High Dividend Low Volatility ETF | Dividend, S&P 500, Low Volatility | 53 | 12.28% | 4.04B | Oct 2012 | KBWB vs SPHD | |
| Invesco S&P MidCap Momentum ETF | Momentum, Mid Cap Growth Equities | 39 | 11.79% | 7.18B | Mar 2005 | KBWB vs XMMO | |
| Invesco S&P International Developed Momentum ETF | Momentum, Foreign Large Cap Equities | 55 | 10.66% | 4.08B | Feb 2012 | KBWB vs IDMO |
Often Compared With KBWB
Investors most often compare KBWB with KBE, SPY, FTXO. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare KBWB with Any Fund or Stock
Compare KBWB with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair KBWB with funds that move differently
Invesco KBW Bank ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to KBWB.
Explore KBWB Diversifiers