Invesco KBW High Dividend Yield Financial ETF (KBWD)

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The chart shows the growth of an initial investment of $10,000 in Invesco KBW High Dividend Yield Financial ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Invesco KBW High Dividend Yield Financial ETF (KBWD) has returned -5.14% so far this year and -1.20% over the past 12 months. Over the last ten years, KBWD has returned 5.16% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Dec 2, 2010, KBWD's average daily return is +0.03%, while the average monthly return is +0.67%. At this rate, your investment would double in approximately 8.7 years.

Historically, 59% of months were positive and 41% were negative. The best month was Nov 2020 with a return of +19.6%, while the worst month was Mar 2020 at -44.5%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 5 months.

On a daily basis, KBWD closed higher 52% of trading days. The best single day was Mar 26, 2020 with a return of +16.3%, while the worst single day was Mar 18, 2020 at -18.6%.

Invesco KBW High Dividend Yield Financial ETF has an annualized alpha of -3.05%, beta of 0.87, and R² of 0.51 versus S&P 500 Index. Calculated based on daily prices since December 03, 2010.

• This ETF participated in 117.91% of S&P 500 Index downside but only 89.70% of its upside — more exposed to losses than it benefited from rallies.
• This ETF had an annualized alpha of -3.05% versus S&P 500 Index — delivering less than market exposure alone would predict.
• With beta of 0.87 and R² of 0.51, this ETF moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

KBWD has a high expense ratio of 1.24%, indicating above-average management fees.

KBWD ranks 10 for risk / return — in the bottom 10% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

The table below present risk-adjusted performance metrics for Invesco KBW High Dividend Yield Financial ETF (KBWD) and compare them to a chosen benchmark (S&P 500 Index).

Invesco KBW High Dividend Yield Financial ETF provided a 14.06% dividend yield over the last twelve months, with an annual payout of $1.76 per share.

The table displays the monthly dividend distributions for Invesco KBW High Dividend Yield Financial ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the Invesco KBW High Dividend Yield Financial 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 High Dividend Yield Financial ETF was 58.63%, occurring on Apr 3, 2020. Recovery took 267 trading sessions.

The current Invesco KBW High Dividend Yield Financial ETF drawdown is 11.88%.

The chart below shows the rolling one-month volatility.