Key stats
About Invesco KBW High Dividend Yield Financial ETF
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Inception date
Dec 2, 2010
Structure
Open-Ended Fund
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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Miscellaneous
Stocks96.40%
Finance70.91%
Miscellaneous25.49%
Bonds, Cash & Other3.60%
Mutual fund3.60%
Cash−0.00%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
KBWD invests in stocks. The fund's major sectors are Finance, with 70.91% stocks, and Miscellaneous, with 25.49% of the basket. The assets are mostly located in the North America region.
KBWD top holdings are Invesco Mortgage Capital Inc. and Orchid Island Capital, Inc., occupying 4.24% and 3.78% of the portfolio correspondingly.
KBWD last dividends amounted to 0.15 USD. The month before, the issuer paid 0.14 USD in dividends, which shows a 5.22% increase.
KBWD assets under management is 400.41 M USD. It's risen 10.24% over the last month.
KBWD fund flows account for 61.15 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.
Yes, KBWD pays dividends to its holders with the dividend yield of 13.52%. The last dividend (May 23, 2025) amounted to 0.15 USD. The dividends are paid monthly.
KBWD shares are issued by Invesco Ltd. under the brand Invesco. The ETF was launched on Dec 2, 2010, and its management style is Passive.
KBWD expense ratio is 4.93% meaning you'd have to pay 4.93% of your investment to help manage the fund.
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.
KBWD invests in stocks.
KBWD price has risen by 4.93% over the last month, and its yearly performance shows a −14.04% decrease. See more dynamics on KBWD price chart.
NAV returns, another gauge of an ETF dynamics, showed a −12.05% decrease in three-month performance and has decreased by −3.58% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −12.05% decrease in three-month performance and has decreased by −3.58% in a year.
KBWD trades at a premium (0.08%) meaning the ETF is trading at a higher price than the calculated NAV.