KBWB vs. FTXO
Compare and contrast key facts about Invesco KBW Bank ETF (KBWB) and First Trust Nasdaq Bank ETF (FTXO).
KBWB and FTXO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. KBWB is a passively managed fund by Invesco that tracks the performance of the KBW Nasdaq Bank Index. It was launched on Nov 1, 2011. FTXO is a passively managed fund by First Trust that tracks the performance of the NASDAQ US Banks Index. It was launched on Sep 20, 2016. Both KBWB and FTXO 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
KBWB vs. FTXO - Performance Comparison
Loading graphics...
KBWB vs. FTXO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KBWB Invesco KBW Bank ETF | -5.53% | 32.05% | 36.73% | -1.18% | -21.68% | 37.72% | -10.46% | 35.90% | -18.30% | 18.11% |
FTXO First Trust Nasdaq Bank ETF | -4.09% | 21.32% | 29.05% | 0.05% | -17.93% | 40.53% | -12.53% | 30.11% | -21.79% | 14.25% |
Returns By Period
In the year-to-date period, KBWB achieves a -5.53% return, which is significantly lower than FTXO's -4.09% return.
KBWB
- 1D
- 3.56%
- 1M
- -2.73%
- YTD
- -5.53%
- 6M
- 2.34%
- 1Y
- 29.02%
- 3Y*
- 27.16%
- 5Y*
- 7.87%
- 10Y*
- 11.89%
FTXO
- 1D
- 3.40%
- 1M
- -2.44%
- YTD
- -4.09%
- 6M
- 2.40%
- 1Y
- 21.28%
- 3Y*
- 22.50%
- 5Y*
- 5.52%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
KBWB vs. FTXO - Expense Ratio Comparison
KBWB has a 0.35% expense ratio, which is lower than FTXO's 0.60% expense ratio.
Return for Risk
KBWB vs. FTXO — Risk / Return Rank
KBWB
FTXO
KBWB vs. FTXO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco KBW Bank ETF (KBWB) and First Trust Nasdaq Bank ETF (FTXO). 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.
| KBWB | FTXO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.12 | 0.82 | +0.30 |
Sortino ratioReturn per unit of downside risk | 1.53 | 1.19 | +0.34 |
Omega ratioGain probability vs. loss probability | 1.24 | 1.18 | +0.06 |
Calmar ratioReturn relative to maximum drawdown | 1.88 | 1.36 | +0.51 |
Martin ratioReturn relative to average drawdown | 5.58 | 3.86 | +1.72 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| KBWB | FTXO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.12 | 0.82 | +0.30 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.30 | 0.20 | +0.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.41 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.47 | 0.29 | +0.18 |
Correlation
The correlation between KBWB and FTXO is 0.97, 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
KBWB vs. FTXO - Dividend Comparison
KBWB's dividend yield for the trailing twelve months is around 2.27%, more than FTXO's 1.87% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KBWB Invesco KBW Bank ETF | 2.27% | 2.04% | 2.46% | 3.20% | 3.05% | 2.13% | 2.62% | 2.38% | 2.54% | 1.35% | 1.53% | 1.53% |
FTXO First Trust Nasdaq Bank ETF | 1.87% | 1.92% | 2.18% | 3.20% | 2.94% | 1.64% | 2.74% | 2.53% | 3.51% | 1.09% | 0.16% | 0.00% |
Drawdowns
KBWB vs. FTXO - Drawdown Comparison
The maximum KBWB drawdown since its inception was -50.27%, smaller than the maximum FTXO drawdown of -55.26%. Use the drawdown chart below to compare losses from any high point for KBWB and FTXO.
Loading graphics...
Drawdown Indicators
| KBWB | FTXO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.27% | -55.26% | +4.99% |
Max Drawdown (1Y)Largest decline over 1 year | -16.38% | -16.69% | +0.31% |
Max Drawdown (5Y)Largest decline over 5 years | -49.31% | -46.55% | -2.76% |
Max Drawdown (10Y)Largest decline over 10 years | -50.27% | — | — |
Current DrawdownCurrent decline from peak | -12.21% | -12.56% | +0.35% |
Average DrawdownAverage peak-to-trough decline | -11.82% | -16.03% | +4.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.51% | 5.89% | -0.38% |
Volatility
KBWB vs. FTXO - Volatility Comparison
Invesco KBW Bank ETF (KBWB) has a higher volatility of 6.61% compared to First Trust Nasdaq Bank ETF (FTXO) at 6.19%. This indicates that KBWB's price experiences larger fluctuations and is considered to be riskier than FTXO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| KBWB | FTXO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.61% | 6.19% | +0.42% |
Volatility (6M)Calculated over the trailing 6-month period | 15.99% | 16.34% | -0.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.00% | 26.14% | -0.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.65% | 27.07% | -0.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.25% | 30.15% | -0.90% |