Invesco KBW Bank ETF

Frequently Asked Questions About KBWB

What does KBWB invest in?

The Invesco KBW Bank ETF, commonly known as "the Fund," is designed to mirror the performance of the KBW Nasdaq Bank Index, or "the Index." Typically, the Fund commits at least 90% of its total assets to the equities comprising this benchmark. The Index itself employs a modified market capitalization-weighting methodology, concentrating on corporations primarily involved in the U.S. banking sector. Its development, upkeep, and calculation are a collaborative effort by Keefe, Bruyette & Woods, Inc. and Nasdaq, Inc. The Index's constituents include prominent national U.S. money center banks, regional banking establishments, and thrift institutions whose shares are publicly traded in the United States. Both the Fund and the Index undergo adjustments to their holdings and composition every quarter.

What is the expense ratio of KBWB?

Invesco KBW Bank ETF (KBWB) charges an expense ratio of 0.35%. This is the annual fee deducted from fund assets to cover management and operations.

How big is KBWB?

Invesco KBW Bank ETF (KBWB) manages $6.91B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is KBWB actively managed or an index fund?

KBWB's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was KBWB launched?

Invesco KBW Bank ETF (KBWB) launched in November 2011 and is managed by Invesco.

How has KBWB performed?

KBWB's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.