Key stats
About Invesco KBW High Dividend Yield Financial ETF
Home page
Inception date
Dec 2, 2010
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
KBWD seeks to provide exposure to the financial sector in the US. Aside from selecting stocks with competitive dividend yields, the fund also follows a modified dividend-weighting methodology. This focus on high-dividend stocks tilts KBWDs portfolio materially away from the broad financials market. It also excludes industry giants, in favor of smaller companies offering bigger yields. It follows that KBWD tilts small. The funds dividend-centric strategy also leads to massive sector bets, as it underweights insurance companies and loads up on REITs and private equity. The index and is reconstituted and rebalanced on a quarterly basis.
Classification
What's in the fund
Exposure type
Finance
Miscellaneous
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
KBWD trades at 13.91 USD today, its price has risen 0.29% in the past 24 hours. Track more dynamics on KBWD price chart.
KBWD net asset value is 13.89 today — it's risen 3.24% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
KBWD assets under management is 399.55 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
KBWD price has fallen by −0.07% over the last month, and its yearly performance shows a −8.97% decrease. See more dynamics on KBWD price chart.
NAV returns, another gauge of an ETF dynamics, showed a −1.73% decrease in three-month performance and has increased by 3.60% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −1.73% decrease in three-month performance and has increased by 3.60% in a year.
KBWD fund flows account for 61.92 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
KBWD invests in stocks. See more details in our Analysis section.
KBWD expense ratio is 4.93%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, KBWD isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, KBWD technical analysis shows the neutral rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating KBWD shows the sell signal. See more of KBWD technicals for a more comprehensive analysis.
Today, KBWD technical analysis shows the neutral rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating KBWD shows the sell signal. See more of KBWD technicals for a more comprehensive analysis.
Yes, KBWD pays dividends to its holders with the dividend yield of 13.03%.
KBWD trades at a premium (0.01%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
KBWD shares are issued by Invesco Ltd.
KBWD follows the KBW Nasdaq Financial Sector Dividend Yield Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Dec 2, 2010.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.