KBWYInvesco KBW Premium Yield Equity REIT ETF
KBWY Fund Description
The Invesco KBW Premium Yield Equity REIT Portfolio tracks a dividend yield-weighted index of small and mid-cap equity REITs.
KBWY Factset Analytics Insight
KBWY is an outsider in the US real estate space. The fund rejects the traditional cap-weighted methodology in favor of dividend yield-weighting. KBWY also intentionally nixes large cap REITs in favor of smaller capitalization alternatives. This produces a basket that tilts very small—70% small- and microcaps—and also underweights residential REITs in favor of commercial REITs. Still, KBWY's dividend-focused strategy makes some sense: the reliable dividends of REITs are a big draw for real estate investors. KBWY’s yield currently looks strong next to our benchmark, but its yield advantage is unstable, in part because the fund’s long-term returns are more variable due to its small cap bias. Note too that the fund isn’t as liquid as IYR and VNQ, so it's not for frequent or casual traders.
KBWY MSCI ESG Analytics Insight
The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of June 18, 2018 the Invesco KBW Premium Yield Equity REIT ETF MSCI ESG Fund Quality Score is 2.35 out of 10.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. KBWY ranks in the 7th percentile within its peer group and in the 0th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.
KBWY CHARTS AND PERFORMANCE
KBWY Top 10 Countries
KBWY Top 10 Sectors
KBWY Top 10 Holdings [View All]
KBWY Summary Data
KBWY Portfolio Data
KBWY Index Data
KBWY Portfolio Management
KBWY Tax Exposures
KBWY Fund Structure
KBWY Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of KBWY. KBWY is rated a 4 out of 5.
KBWY Sector/Industry Breakdown
KBWY TOP 10 HOLDINGS[View All]
KBWY Economic Development
KBWY Performance Statistics
KBWY MSCI ESG Ratings
KBWY BENCHMARK COMPARISON SUMMARY
KBWY BENCHMARK COMPARISON MARKET CAP SIZE