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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Invesco Next Gen Connectivity ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
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Returns By Period
Invesco Next Gen Connectivity ETF (KNCT) has returned 3.66% so far this year and 39.27% over the past 12 months. Looking at the last ten years, KNCT has achieved an annualized return of 16.17%, outperforming the S&P 500 Index benchmark, which averaged 12.16% per year.
Invesco Next Gen Connectivity ETF
- 1D
- 3.38%
- 1M
- -6.68%
- YTD
- 3.66%
- 6M
- 9.60%
- 1Y
- 39.27%
- 3Y*
- 23.01%
- 5Y*
- 11.86%
- 10Y*
- 16.17%
Benchmark (S&P 500 Index)
- 1D
- 2.91%
- 1M
- -5.09%
- YTD
- -4.63%
- 6M
- -2.39%
- 1Y
- 16.33%
- 3Y*
- 16.69%
- 5Y*
- 10.18%
- 10Y*
- 12.16%
Monthly Returns
Based on dividend-adjusted daily data since Jun 23, 2005, KNCT's average daily return is +0.06%, while the average monthly return is +1.12%. At this rate, your investment would double in approximately 5.2 years.
Historically, 59% of months were positive and 41% were negative. The best month was Apr 2009 with a return of +22.0%, while the worst month was Sep 2008 at -16.2%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 5 months.
On a daily basis, KNCT closed higher 53% of trading days. The best single day was Nov 24, 2008 with a return of +10.8%, while the worst single day was Oct 15, 2008 at -11.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 6.37% | 4.43% | -6.68% | 3.66% | |||||||||
| 2025 | 2.28% | -1.16% | -5.28% | 2.19% | 5.73% | 8.50% | -1.02% | 2.24% | 7.12% | 7.98% | -2.25% | 0.18% | 28.65% |
| 2024 | 0.98% | 2.36% | 2.23% | -5.57% | 4.68% | 6.95% | -0.63% | 1.76% | 2.17% | -0.40% | 3.39% | 0.48% | 19.41% |
| 2023 | 1.83% | 1.92% | 5.01% | -6.05% | 5.12% | 4.72% | 1.62% | -0.33% | -5.04% | -0.47% | 8.34% | 8.97% | 27.39% |
| 2022 | -11.94% | -0.50% | 2.90% | -12.40% | -4.62% | -6.15% | 8.49% | -0.65% | -8.65% | 11.18% | -1.65% | -7.42% | -29.54% |
| 2021 | 1.92% | -1.73% | -2.50% | 3.57% | 1.60% | 4.62% | 2.86% | 4.26% | -5.92% | 6.57% | 2.91% | 2.42% | 21.83% |
Benchmark Metrics
Invesco Next Gen Connectivity ETF has an annualized alpha of 4.41%, beta of 0.99, and R² of 0.60 versus S&P 500 Index. Calculated based on daily prices since June 24, 2005.
- This ETF captured 122.44% of S&P 500 Index gains and 106.57% of its losses — amplifying both gains and losses, but participating more in upside than downside.
- This ETF generated an annualized alpha of 4.41% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
- With beta of 0.99 and R² of 0.60, this ETF moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 4.41%
- Beta
- 0.99
- R²
- 0.60
- Upside Capture
- 122.44%
- Downside Capture
- 106.57%
Expense Ratio
KNCT has an expense ratio of 0.40%, placing it in the medium range.
Return for Risk
Risk / Return Rank
KNCT ranks 87 for risk / return — in the top 87% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Invesco Next Gen Connectivity ETF (KNCT) and compare them to a chosen benchmark (S&P 500 Index).
| KNCT | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.70 | 0.90 | +0.80 |
Sortino ratioReturn per unit of downside risk | 2.39 | 1.39 | +1.00 |
Omega ratioGain probability vs. loss probability | 1.33 | 1.21 | +0.12 |
Calmar ratioReturn relative to maximum drawdown | 3.03 | 1.40 | +1.63 |
Martin ratioReturn relative to average drawdown | 14.17 | 6.61 | +7.56 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Explore KNCT risk-adjusted metrics in detail
Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.
Dividends
Dividend History
Invesco Next Gen Connectivity ETF provided a 0.90% dividend yield over the last twelve months, with an annual payout of $1.25 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.25 | $1.15 | $1.45 | $0.54 | $1.58 | $0.56 | $0.15 | $0.27 | $0.59 | $0.30 | $0.18 |
Dividend yield | 0.90% | 0.86% | 1.38% | 0.60% | 2.24% | 0.55% | 0.18% | 0.44% | 1.22% | 0.66% | 0.44% |
Monthly Dividends
The table displays the monthly dividend distributions for Invesco Next Gen Connectivity 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.32 | $0.32 | |||||||||
| 2025 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.36 | $0.00 | $0.00 | $0.36 | $0.00 | $0.00 | $0.22 | $1.15 |
| 2024 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.43 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.39 | $1.45 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.41 | $0.54 |
| 2022 | $0.00 | $0.00 | $0.47 | $0.00 | $0.00 | $0.52 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.40 | $1.58 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.31 | $0.56 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Invesco Next Gen Connectivity 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 Next Gen Connectivity ETF was 57.18%, occurring on Nov 21, 2008. Recovery took 342 trading sessions.
The current Invesco Next Gen Connectivity ETF drawdown is 6.94%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -57.18% | Jul 20, 2007 | 341 | Nov 21, 2008 | 342 | Apr 6, 2010 | 683 |
| -34.55% | Nov 10, 2021 | 151 | Jun 16, 2022 | 515 | Jul 8, 2024 | 666 |
| -31.91% | Feb 15, 2011 | 160 | Oct 3, 2011 | 464 | Aug 8, 2013 | 624 |
| -31.71% | Feb 7, 2020 | 26 | Mar 16, 2020 | 53 | Jun 1, 2020 | 79 |
| -30% | Jun 19, 2015 | 162 | Feb 9, 2016 | 154 | Sep 19, 2016 | 316 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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