KBWY Invesco KBW Premium Yield Equity REIT ETF

*Unless otherwise stated, data provided by FactSet.

What is KBWY?

KBWY 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—around 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 may have some yield advantage, but this can be unstable, in part because the fund’s long-term returns are more variable due to its small-cap bias. The index is rebalanced and reconstituted on a quarterly basis.

PERFORMANCE [as of 03/24/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
KBWY -16.79% -11.43% -10.25% -25.28% 11.31% -3.67% 0.48%
KBWY (NAV) -16.69% -11.38% -10.30% -25.29% 11.15% -3.63% 0.49%
KBW Nasdaq Premium Yield Equity REIT Index -16.68% -11.30% -10.22% -24.96% 11.24% -3.62% 0.67%
MSCI USA IMI / Equity Real Estate Investment Trusts (REITs) -IND -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

KBWY Summary Data

Invesco
12/02/10
Open-Ended Fund
0.35%
$208.97M
$1.92M
0.09%

KBWY Portfolio Data

$3.06B
38.20
1.11
8.96%
N/A
31

KBWY Index Data

Tiered
Committee
MSCI USA IMI / Equity Real Estate Investment Trusts (REITs) -IND

KBWY Portfolio Management

0.35%
-0.45%
-0.31%
-0.58%

KBWY Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

KBWY Fund Structure

Open-Ended Fund
No
Yes
-- / --
N/A
N/A
Low
Daily

KBWY Factset Analytics Block Liquidity

As of 03/27/23
5
4
3
2
1

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 Tradability

95,166
$1.92M
68,368
$1.45M
0.09%
$0.02
0.02%
0.18% / -0.14%
None
100.00%
50,000
1.37
0.04%
0.35%
309
$17.15
4

KBWY Sector/Industry Breakdown


KBWY
Segment Benchmark
99.55%
--
0.45%
--

KBWY Countries


KBWY
Segment Benchmark
100.00%
--

KBWY Regions


KBWY
Segment Benchmark
100.00%
--

KBWY Economic Development


KBWY
Segment Benchmark
100.00%
--
0.00%
--

KBWY Performance Statistics

--
--
--
--
--
MSCI USA IMI / Equity Real Estate Investment Trusts (REITs) -IND

KBWY Benchmark Comparison Holdings

31
--
--
--

KBWY Benchmark Comparison Summary


KBWY
Segment Benchmark
31
--
$3.06B
--
38.20
--
1.11
--
7.62%
--
Medium
--

KBWY Benchmark Comparison Market Cap Size


KBWY
Segment Benchmark
2.35%
--
42.43%
--
55.54%
--
0.00%
--