FDIQ vs. KBWD

Last updated Apr 1, 2026

Compare and contrast key facts about Invesco Bloomberg Financial Data Providers ETF (FDIQ) and Invesco KBW High Dividend Yield Financial ETF (KBWD).

FDIQ and KBWD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FDIQ is a passively managed fund by Invesco that tracks the performance of the Bloomberg Financial Data Providers Index. It was launched on Nov 1, 2011. KBWD is a passively managed fund by Invesco that tracks the performance of the KBW Nasdaq Financial Sector Dividend Yield Index. It was launched on Dec 2, 2010. Both FDIQ and KBWD are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

FDIQ vs. KBWD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Bloomberg Financial Data Providers ETF (FDIQ) and Invesco KBW High Dividend Yield Financial ETF (KBWD). The values are adjusted to include any dividend payments, if applicable.

FDIQ vs. KBWD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FDIQ Invesco Bloomberg Financial Data Providers ETF	11.45%	6.32%	12.76%	-0.84%	-7.23%	36.05%	-8.95%	23.57%	-18.31%	1.81%
KBWD Invesco KBW High Dividend Yield Financial ETF	-5.14%	5.59%	4.30%	20.21%	-19.14%	31.89%	-15.58%	20.72%	-8.70%	12.06%

Returns By Period

In the year-to-date period, FDIQ achieves a 11.45% return, which is significantly higher than KBWD's -5.14% return. Over the past 10 years, FDIQ has outperformed KBWD with an annualized return of 8.58%, while KBWD has yielded a comparatively lower 5.16% annualized return.

FDIQ

• 1D: 1.80%
• 1M: -5.59%
• YTD: 11.45%
• 6M: 14.36%
• 1Y: 25.32%
• 3Y*: 17.52%
• 5Y*: 5.11%
• 10Y*: 8.58%

KBWD

• 1D: 2.45%
• 1M: -2.89%
• YTD: -5.14%
• 6M: -1.01%
• 1Y: -1.20%
• 3Y*: 7.16%
• 5Y*: 1.84%
• 10Y*: 5.16%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FDIQ vs. KBWD - Expense Ratio Comparison

FDIQ has a 0.35% expense ratio, which is lower than KBWD's 1.24% expense ratio.

KBWD

Invesco KBW High Dividend Yield Financial ETF

FDIQ

Invesco Bloomberg Financial Data Providers ETF

Return for Risk

FDIQ vs. KBWD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FDIQ

FDIQ Risk / Return Rank: 55
FDIQ Sharpe Ratio Rank: 49
FDIQ Sortino Ratio Rank: 50
FDIQ Omega Ratio Rank: 50
FDIQ Calmar Ratio Rank: 71
FDIQ Martin Ratio Rank: 54

KBWD

KBWD Risk / Return Rank: 11
KBWD Sharpe Ratio Rank: 11
KBWD Sortino Ratio Rank: 11
KBWD Omega Ratio Rank: 11
KBWD Calmar Ratio Rank: 11
KBWD Martin Ratio Rank: 11

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FDIQ vs. KBWD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Bloomberg Financial Data Providers ETF (FDIQ) and Invesco KBW High Dividend Yield Financial ETF (KBWD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	FDIQ	KBWD	Difference
Sharpe ratio Return per unit of total volatility	0.92	-0.06	+0.98
Sortino ratio Return per unit of downside risk	1.38	0.05	+1.33
Omega ratio Gain probability vs. loss probability	1.20	1.01	+0.19
Calmar ratio Return relative to maximum drawdown	1.86	-0.07	+1.93
Martin ratio Return relative to average drawdown	5.45	-0.18	+5.63
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FDIQ vs. KBWD - Sharpe Ratio Comparison

The current FDIQ Sharpe Ratio is 0.92, which is higher than the KBWD Sharpe Ratio of -0.06. The chart below compares the historical Sharpe Ratios of FDIQ and KBWD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FDIQ	KBWD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.92	-0.06	+0.98
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.18	0.09	+0.08
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.28	0.22	+0.05
Sharpe Ratio (All Time) Calculated using the full available price history	0.38	0.27	+0.11

Correlation

The correlation between FDIQ and KBWD is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

FDIQ vs. KBWD - Dividend Comparison

FDIQ's dividend yield for the trailing twelve months is around 2.52%, less than KBWD's 14.06% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FDIQ Invesco Bloomberg Financial Data Providers ETF	2.52%	2.66%	2.69%	2.89%	2.51%	2.04%	2.92%	2.44%	2.45%	1.59%	1.50%	1.92%
KBWD Invesco KBW High Dividend Yield Financial ETF	14.06%	12.83%	12.45%	11.45%	11.32%	7.26%	9.68%	8.63%	9.47%	8.77%	8.68%	8.89%

Drawdowns

FDIQ vs. KBWD - Drawdown Comparison

The maximum FDIQ drawdown since its inception was -52.86%, smaller than the maximum KBWD drawdown of -58.63%. Use the drawdown chart below to compare losses from any high point for FDIQ and KBWD.

Drawdown Indicators

	FDIQ	KBWD	Difference
Max Drawdown Largest peak-to-trough decline	-52.86%	-58.63%	+5.77%
Max Drawdown (1Y) Largest decline over 1 year	-14.15%	-15.05%	+0.90%
Max Drawdown (5Y) Largest decline over 5 years	-42.99%	-30.74%	-12.25%
Max Drawdown (10Y) Largest decline over 10 years	-52.86%	-58.63%	+5.77%
Current Drawdown Current decline from peak	-7.08%	-11.88%	+4.80%
Average Drawdown Average peak-to-trough decline	-11.64%	-7.39%	-4.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.84%	5.54%	-0.70%

Volatility

FDIQ vs. KBWD - Volatility Comparison

The current volatility for Invesco Bloomberg Financial Data Providers ETF (FDIQ) is 5.91%, while Invesco KBW High Dividend Yield Financial ETF (KBWD) has a volatility of 6.66%. This indicates that FDIQ experiences smaller price fluctuations and is considered to be less risky than KBWD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FDIQ	KBWD	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.91%	6.66%	-0.75%
Volatility (6M) Calculated over the trailing 6-month period	17.49%	11.53%	+5.96%
Volatility (1Y) Calculated over the trailing 1-year period	27.55%	19.67%	+7.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.94%	19.81%	+9.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.21%	23.18%	+8.03%