KBWY Invesco KBW Premium Yield Equity REIT ETF
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.
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 Benchmark Comparison Summary
KBWY Benchmark Comparison Market Cap Size