Invesco KBW Property & Casualty Insurance ETF

Frequently Asked Questions About KBWP

What does KBWP invest in?

Invesco Exchange-Traded Fund Trust II - Invesco KBW Property & Casualty Insurance ETF is an exchange traded fund launched and managed by Invesco Capital Management LLC. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across financials, insurance, property and casualty insurance sectors. It invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track the performance of the KBW Nasdaq Property & Casualty Index, by using full replication technique. Invesco Exchange-Traded Fund Trust II - Invesco KBW Property & Casualty Insurance ETF was formed on December 2, 2010 and is domiciled in the United States.

What is the expense ratio of KBWP?

Invesco KBW Property & Casualty Insurance ETF (KBWP) charges an expense ratio of 0.35%. This is the annual fee deducted from fund assets to cover management and operations.

How big is KBWP?

Invesco KBW Property & Casualty Insurance ETF (KBWP) manages $262.7M 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 KBWP actively managed or an index fund?

KBWP is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (KBWP's is 0.35%) because there's no security selection cost.

When was KBWP launched?

Invesco KBW Property & Casualty Insurance ETF (KBWP) launched in December 2010 and is managed by Invesco.

How has KBWP performed?

KBWP'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.