Invesco KBW High Dividend Yield Financial ETF (KBWD)
| Assets | $414.77M |
| Expense Ratio | 4.93% |
| PE Ratio | 11.07 |
| Shares Out | 30.84M |
| Dividend (ttm) | $1.75 |
| Dividend Yield | 12.87% |
| Ex-Dividend Date | Oct 20, 2025 |
| Payout Frequency | Monthly |
| Payout Ratio | 142.42% |
| Volume | 248,465 |
| Open | 13.57 |
| Previous Close | 13.46 |
| Day's Range | 13.56 - 13.68 |
| 52-Week Low | 11.96 |
| 52-Week High | 15.80 |
| Beta | 1.15 |
| Holdings | 43 |
| Inception Date | Dec 2, 2010 |
About KBWD
Fund Home PageThe Invesco KBW High Dividend Yield Financial ETF (KBWD) is an exchange-traded fund that mostly invests in financials equity. The fund tracks a dividend-yield-weighted index of US financial firms. KBWD was launched on Dec 2, 2010 and is issued by Invesco.
Top 10 Holdings
37.93% of assets| Name | Symbol | Weight |
|---|---|---|
| Orchid Island Capital, Inc. | ORC | 5.28% |
| ARMOUR Residential REIT, Inc. | ARR | 4.81% |
| Dynex Capital, Inc. | DX | 4.16% |
| Invesco Mortgage Capital Inc. | IVR | 4.02% |
| AGNC Investment Corp. | AGNC | 3.74% |
| Two Harbors Investment Corp. | TWO | 3.26% |
| PennyMac Mortgage Investment Trust | PMT | 3.26% |
| Annaly Capital Management, Inc. | NLY | 3.20% |
| FS KKR Capital Corp. | FSK | 3.11% |
| MFA Financial, Inc. | MFA | 3.10% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 20, 2025 | $0.14745 | Oct 24, 2025 |
| Sep 22, 2025 | $0.14755 | Sep 26, 2025 |
| Aug 18, 2025 | $0.14705 | Aug 22, 2025 |
| Jul 21, 2025 | $0.14725 | Jul 25, 2025 |
| Jun 23, 2025 | $0.14751 | Jun 27, 2025 |
| May 19, 2025 | $0.14776 | May 23, 2025 |
Performance
KBWD had a total return of 3.34% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.06%.
News
KBWD: Underperforming Despite Falling Interest Rates
Invesco KBW High Dividend Yield Financial ETF maintains a "Hold" rating due to ongoing underperformance versus the S&P 500 and other income plays. KBWD offers a high 12.5% yield but suffers from weak ...
KBWD: High-Yield, Not So High Performance
KBWD closely tracks the KBW Nasdaq Financial Sector Dividend Yield Index, offering high-yield but significant risk. The ETF's 12.6% yield is driven by mortgage REITs and BDCs, but this comes with high...
KBWD: Poor Dividend History And Declining NAV
Invesco KBW High Dividend Yield Financial ETF (KBWD) offers a high dividend yield of 13.8%, but has faced significant price declines and poor long-term performance. The ETF's heavy exposure to Mortgag...
KBWD: Watching Treasury Rates For BDC And REIT Clues
The high dividend yield factor underperformed the S&P 500 in 2024, with small-cap value and Real Estate under significant pressure. KBWD's valuation remains solid, but its relative strength is lacklus...
The Many Choices Of U.S. Dividend ETFs
VIG offers exposure to dividend-paying large-cap US companies that exhibit growth characteristics. SCHD offers exposure to dividend-paying U.S. equities, making SCHD a potentially useful tool for eith...
Can Dividends-Satisfy The Rising Demand For Yield?
Global dividends hit a record high in 2024, with $606.1 billion paid in Q2 alone, as tech giants like Meta and Alibaba entered the dividend-paying market. Equity yields remain low compared to bonds, w...
KBWD: Good Defense Against A Potential Bear Market
Invesco KBW High Dividend Yield Financial ETF offers a diversified portfolio of financial and real estate stocks with well-covered dividends, making it suitable for income-oriented investors. The ETF'...
KBWD: High Yield, High Fee, Low Valuation With 'Less Bad' Momentum
Regional banks and REITs have underperformed the S&P 500 in the past 18 months. KBWD ETF, focused on high dividend yield financials, is now upgraded from sell to hold due to low valuations and technic...
KBWD: Too Many Red Flags For This 11% Yield
Invesco KBW High Dividend Yield Financial ETF (KBWD) holds 40 stocks of high yield financial companies. The fund invests mostly in small and micro caps, with the heaviest industries being mortgage REI...
Very Good News For Dividend Stocks
Dividend stocks, including REITs and utilities, have underperformed in recent years. Rising interest rates and increasing costs of capital have contributed to the underperformance. The beginnings of a...
KBWD: Reasonable Investment, But Better Choices Out There
KBWD is a high-yield financials ETF with a strong, growing 11.3% yield. It is also an incredibly risky fund, with significant investments in mREITs, high drawdowns, and volatility. An overview of the ...
KBWD: Not Worth The Yield
Invesco KBW High Dividend Yield Financial ETF offers a 12-month distribution yield of over 11%. KBWD's portfolio is concentrated in the financial sector, with a significant investment in mortgage REIT...
KBWD: I'd Avoid This High Yielder
Invesco KBW High Dividend Yield Financial ETF primarily invests in BDCs and mREITs, which are highly leveraged and carry risk. The fund's top holdings have underperformed the overall market in the las...
KBWD: This 11% Yield Is Not Worth The Risk
This fund's total expense ratio is very high. A large part of the portfolio is in leveraged debt. The share price has lost 35% since inception and is very volatile.
Regional Banking Concerns Produce Financial Services ETF Outflows
Lipper Financial Services ETFs recorded their largest weekly outflow of the year over the past fund flows week (-$1.4 billion). On top of the bank failures, market participants are worried about the l...
KBWD: Buy The Dip As The Worst Is Likely Over
Invesco KBW High Dividend Yield Financial ETF is presenting an attractive buying opportunity after the price collapse. I believe the worst is over because the effects of bad events have already been f...
Dividend Investing: Broader Is Better For Multi-Asset Strategies
Investing in dividend-paying stocks has proved to be a helpful strategy, outperforming global markets over the long term. Dividend income strategies play an important role for multi-asset income portf...
Taming Biases In High-Dividend Equity Strategies
Stocks paying higher dividends showed their mettle during a challenging 2022: the S&P 500 High Dividend Index declined only a modest –1.1% even as the S&P 500 tumbled –18.1%. In our view, much of the ...
KBWD: 10% Yield Has A Catch
The KBWD ETF provides exposure to small-cap REITs and financial companies. It pays an attractive 10% distribution yield.
KBWD: 10% Yield With 4 Red Flags
KBWD is a high-yield ETF in financials. Mortgage REITs weigh 44% of asset value.
KBWD: A Highly-Speculative Small-Cap Value Fund Heavy In REITs, Stick With Traditional Yield ETFs
High dividend and small-cap value funds have generally performed well this year. One ETF, however, features poor absolute and relative returns while exposing investors to a risky niche of the U.S. fin...
KBWD: High-Yield Financials ETF, Strong, Fully-Covered, Growing 9.7% Yield
KBWD is a high-yield financial index ETF. KBWD's yield is its key selling point. The fund's 9.7% yield is quite strong, fully-covered by underlying generation of income, and has seen solid growth thes...
KBWD: A Decade Of Money Erosion
KBWD is a high-yield ETF heavy in mortgage REITs. Since inception, it has lost about 27% in share price.
The main driver for loan growth is economic growth, says KBW CEO
Tom Michaud, KBW CEO, joins 'Squawk on the Street' to discuss the financial sector and whether or not regional banks or national banks best stand for growth and why.
KBWD: High-Risk, High-Return, High-Yield Financial ETF - 7.3% Dividend Yield
KBWD is a high-yield financial index ETF. The fund offers investors a strong 7.3% dividend yield and potential capital gains.
KBWD: High Yield With Capital Decay
Strategy and portfolio. Past performance. Portfolio quality.
KBWD: A Consistent Dividend Paying ETF With Risky Stability
Though the Invesco KBW High Dividend Yield Financial ETF offers an attractive forward dividend yield of about 6.8%, it still doesn't make the cut for income investors. About 84% of the ETF's total ass...
KBWD: Investment Thesis Has Played Out, Sell
KBWD focuses on high-yield financials. The fund has performed exceedingly well these past few months.
Boosting My ETF Income Portfolio
In the summer of 2020, I created a small “piggy bank” portfolio consisting of six titles entirely dedicated to ETFs and ETNs as an adjunct to my Cupolone Income Portfolio. I named this new portfolio m...
3 Of The Best Dividend ETFs For 2021
Since August interest rates have been moving higher. The 10-year U.S. Treasury Note's yield has moved from 60 basis points to 1.6%.
Invesco KBW High Dividend Yield Financial ETF: For Those With Significant Risk Appetite
KBWD's elevated level of churn and poor risk-adjusted return stats make this a risky bet.
My Income Portfolio - Scent Of ETFs
Last summer, I created a small “piggy bank” portfolio into which I can pour any excess liquidity from my Cupolone Income Portfolio. I named this secondary portfolio my Giotto Income Portfolio, in hono...
Leisure & Financials - 11/30 Select List
Opportunities are arising in multiple sectors as a third COVID-19 vaccine demonstrates promising trial results. One ETF on the upswing is focused on leisure and entertainment.
Best And Worst Q4 2020: Financials ETFs And Mutual Funds
The Financials sector ranks second in Q4'20. Based on an aggregation of ratings of the 429 stocks in the Financials sector.
Financial Sector Finds In October 12 Select List
Financial Sector Finds In October 12 Select List
KBWD: High-Risk, High-Return, High-Yield Financial ETF - 10.40% Yield
KBWD: High-Risk, High-Return, High-Yield Financial ETF - 10.40% Yield
Best And Worst Q3 2020: Financials ETFs And Mutual Funds
Best And Worst Q3 2020: Financials ETFs And Mutual Funds
KBWD: The Smoke Has Yet To Clear For High-Leverage Firms
KBWD: The Smoke Has Yet To Clear For High-Leverage Firms
KBWD: The Smoke Is Yet To Clear For High-Leverage Firms
KBWD: The Smoke Is Yet To Clear For High-Leverage Firms
Riskiest ETF Dividend Yields In A Volatile Market
Riskiest ETF Dividend Yields In A Volatile Market
KBWD: Steepening Yield Curve Is Positive, But Dividend Does Not Adequately Compensate For Risk
KBWD: Steepening Yield Curve Is Positive, But Dividend Does Not Adequately Compensate For Risk