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Invesco KBW Bank ETF

Ticker: KBWB
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Product Details

The Invesco KBW Bank ETF (Fund) is based on the KBW Nasdaq Bank Index (Index). The Fund will normally invest at least 90% of its total assets in the securities that comprise the Index. The Index is a modified-market capitalization-weighted index of companies primarily engaged in US banking activities. The Index is compiled, maintained and calculated by Keefe, Bruyette & Woods, Inc. and Nasdaq, Inc. and is composed of large national US money centers, regional banks and thrift institutions that are publicly traded in the US. The Fund and the Index are rebalanced and reconstituted quarterly.

as of 12/31/2024 12/31/2024

Performance

Index History (%) YTD 1Yr 3Yr 5Yr 10Yr Since Inception
KBW Nasdaq Bank Index 37.20 37.20 2.24 5.81 8.57 12.52
S&P 500 Financials Index 30.56 30.56 9.42 11.70 11.43 14.65
Fund History (%)
Fund NAV 36.65 36.65 1.89 5.46 8.20 12.13
After Tax Held 35.06 35.06 0.97 4.58 7.50 11.47
After Tax Sold 21.55 21.55 1.14 3.96 6.45 10.12
Fund Market Price 36.64 36.64 1.87 5.49 8.19 12.14
Index History (%) YTD 1Yr 3Yr 5Yr 10Yr Since Inception
KBW Nasdaq Bank Index 37.20 37.20 2.24 5.81 8.57 12.52
S&P 500 Financials Index 30.56 30.56 9.42 11.70 11.43 14.65
Fund History (%)
Fund NAV 36.65 36.65 1.89 5.46 8.20 12.13
After Tax Held 35.06 35.06 0.97 4.58 7.50 11.47
After Tax Sold 21.55 21.55 1.14 3.96 6.45 10.12
Fund Market Price 36.64 36.64 1.87 5.49 8.19 12.14

Market returns are based on the midpoint of the bid/ask spread at 4 p.m. ET and do not represent the returns an investor would receive if shares were traded at other times. Performance data quoted represents past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, and shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than performance data quoted. After-tax returns reflect the highest federal income tax rate but exclude state and local taxes. Fund performance reflects applicable fee waivers, absent which, performance data quoted would have been lower. After Tax Held and After Tax Sold are based on NAV. Returns less than one year are cumulative.

as of 12/31/2024

Growth of $10,000

Data beginning Fund inception and ending 12/31/2024. Fund performance shown at NAV.

An investor cannot invest directly in an index. The results assume that no cash was added to or assets withdrawn from the Index. Index returns do not represent Fund returns. The Index does not charge management fees or brokerage expenses, nor does the Index lend securities, and no revenues from securities lending were added to the performance shown.

as of 01/16/2025

Market Cap & Style Allocations

Large-Cap Value 57.40%
Large-Cap Blend -
Large-Cap Growth -
Mid-Cap Value 29.85%
Mid-Cap Blend 7.21%
Mid-Cap Growth -
Small-Cap Value 5.54%
Small-Cap Blend -
Small-Cap Growth -

as of 01/17/2025 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
MS Morgan Stanley 8.49
JPM JPMorgan Chase & Co 8.41
GS Goldman Sachs Group Inc/The 8.34
WFC Wells Fargo & Co 8.20
BAC Bank of America Corp 7.94
C Citigroup Inc 4.57
BK Bank of New York Mellon Corp/The 4.12
TFC Truist Financial Corp 4.05
COF Capital One Financial Corp 4.03
STT State Street Corp 4.01
The characterizations of distributions reflected in this table are as of the date noted below. The actual amounts of income, capital gains and return of capital for tax purposes are only determined after the Fund’s fiscal year end, and may differ from the amounts and characterizations reflected in the chart below. Please refer to the Tax Center for the most current and/or final characterizations of these distributions, including any distributions characterized as return of capital.

Distributions | Hide View All

Ex-Date Record Date Pay Date $/
Share		 Ordinary Income Short Term Gains Long Term Gains Return of Capital Liquidation Distribution
12/23/2024 12/23/2024 12/27/2024 0.36012 0.36012 - - - -
09/23/2024 09/23/2024 09/27/2024 0.42410 0.42410 - - - -
06/24/2024 06/24/2024 06/28/2024 0.39836 0.39836 - - - -
03/18/2024 03/19/2024 03/22/2024 0.42647 0.42647 - - - -
12/18/2023 12/19/2023 12/22/2023 0.38774 0.38774 - - - -
09/18/2023 09/19/2023 09/22/2023 0.40532 0.40532 - - - -
06/20/2023 06/21/2023 06/23/2023 0.44555 0.44555 - - - -
03/20/2023 03/21/2023 03/24/2023 0.33382 0.33382 - - - -
12/19/2022 12/20/2022 12/23/2022 0.40712 0.40712 - - - -
09/19/2022 09/20/2022 09/23/2022 0.38078 0.38078 - - - -
06/21/2022 06/22/2022 06/30/2022 0.44499 0.44499 - - - -
03/21/2022 03/22/2022 03/31/2022 0.34156 0.34156 - - - -
12/20/2021 12/21/2021 12/31/2021 0.48170 0.48170 - - - -
09/20/2021 09/21/2021 09/30/2021 0.34080 0.34080 - - - -
06/21/2021 06/22/2021 06/30/2021 0.33056 0.33056 - - - -
03/22/2021 03/23/2021 03/31/2021 0.29051 0.29051 - - - -
12/21/2020 12/22/2020 12/31/2020 0.32989 0.32989 - - - -
09/21/2020 09/22/2020 09/30/2020 0.29397 0.29397 - - - -
06/22/2020 06/23/2020 06/30/2020 0.33181 0.33181 - - - -
03/23/2020 03/24/2020 03/31/2020 0.36673 0.36673 - - - -
12/23/2019 12/24/2019 12/31/2019 0.44976 0.44976 - - - -
09/23/2019 09/24/2019 09/30/2019 0.36776 0.36776 - - - -
06/24/2019 06/25/2019 06/28/2019 0.31191 0.31191 - - - -
03/18/2019 03/19/2019 03/29/2019 0.25700 0.25700 - - - -
12/24/2018 12/26/2018 12/31/2018 0.38140 0.38140 - - - -
09/24/2018 09/25/2018 09/28/2018 0.32082 0.32082 - - - -
06/18/2018 06/19/2018 06/29/2018 0.21960 0.21960 - - - -
03/19/2018 03/20/2018 03/29/2018 0.19460 0.19460 - - - -
12/18/2017 12/19/2017 12/29/2017 0.28042 0.28042 - - - -
09/18/2017 09/19/2017 09/29/2017 0.21850 0.21850 - - - -
06/16/2017 06/20/2017 06/30/2017 0.18062 0.18062 - - - -
03/17/2017 03/21/2017 03/31/2017 0.06168 0.06168 - - - -
12/16/2016 12/20/2016 12/30/2016 0.26514 0.26514 - - - -
09/16/2016 09/20/2016 09/30/2016 0.15994 0.15994 - - - -
06/17/2016 06/21/2016 06/30/2016 0.18082 0.18082 - - - -
03/18/2016 03/22/2016 03/31/2016 0.11640 0.11640 - - - -
12/18/2015 12/22/2015 12/31/2015 0.23477 0.23477 - - - -
09/18/2015 09/22/2015 09/30/2015 0.11995 0.11995 - - - -
06/19/2015 06/23/2015 06/30/2015 0.12122 0.12122 - - - -
03/20/2015 03/24/2015 03/31/2015 0.10084 0.10084 - - - -
12/24/2014 12/29/2014 12/31/2014 0.01900 - 0.01900 - - -
12/19/2014 12/23/2014 12/31/2014 0.20590 - - - - -
09/19/2014 09/23/2014 09/30/2014 0.13860 - - - - -
06/20/2014 06/24/2014 06/30/2014 0.12222 - - - - -
03/21/2014 03/25/2014 03/31/2014 0.09480 - - - - -
12/20/2013 12/24/2013 12/31/2013 0.18602 - - - - -
09/20/2013 09/24/2013 09/30/2013 0.09914 - - - - -
06/21/2013 06/25/2013 06/28/2013 0.16064 - - - - -
03/15/2013 03/19/2013 03/28/2013 0.06283 - - - - -
12/21/2012 12/26/2012 12/31/2012 0.08736 - - - - -
09/21/2012 09/25/2012 09/28/2012 0.03677 - - - - -
06/15/2012 06/19/2012 06/29/2012 0.04195 - - - - -
03/16/2012 03/20/2012 03/30/2012 0.16801 - - - - -
12/16/2011 12/20/2011 12/30/2011 0.26747 - - - - -

Frequency Distribution of Discounts & Premiums

    Bid/Ask MidPoint Above NAV
Quarter
Ending		 Days 0.00-
0.25%		 0.26-
0.50%		 0.51-
0.99%		 1.00-
1.49%		 1.50-
1.99%		 ≥2.00%
12/31/2024 64 41 0 0 0 0 0
09/30/2024 64 33 0 0 0 0 0
06/30/2024 63 32 0 0 0 0 0
03/31/2024 61 24 0 0 0 0 0
Year Ended 2024 252 130 0 0 0 0 0
    Bid/Ask Midpoint Below NAV
Quarter
Ending		 Days 0.00-
0.25%		 0.26-
0.50%		 0.51-
0.99%		 1.00-
1.49%		 1.50-
1.99%		 ≥2.00%
12/31/2024 64 23 0 0 0 0 0
09/30/2024 64 31 0 0 0 0 0
06/30/2024 63 31 0 0 0 0 0
03/31/2024 61 37 0 0 0 0 0
Year Ended 2024 252 122 0 0 0 0 0

Fund Inception : 11/01/2011

Shareholders may pay more than net asset value when they buy Fund shares and receive less than net asset value when they sell those shares, because shares are bought and sold at current market prices. Performance data quoted represents past performance, which is not a guarantee of future results.

Premiums/Discounts

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Shareholders may pay more than net asset value when they buy Fund shares and receive less than net asset value when they sell those shares, because shares are bought and sold at current market prices. Performance data quoted represents past performance, which is not a guarantee of future results.

 Risk & Other Information

Typically, security classifications used in calculating allocation tables are as of the last trading day of the previous month.

There are risks involved with investing in ETFs, including possible loss of money. Shares are not actively managed and are subject to risks similar to those of stocks, including those regarding short selling and margin maintenance requirements. Ordinary brokerage commissions apply. The Fund's return may not match the return of the Underlying Index. The Fund is subject to certain other risks. Please see the current prospectus for more information regarding the risk associated with an investment in the Fund.

Investments focused in a particular industry, such as banking, are subject to greater risk and are more greatly impacted by market volatility, than more diversified investments.

The Fund is non-diversified and may experience greater volatility than a more diversified investment.

The S&P 500® Financials Index is an unmanaged index considered representative of the financials sector within the S&P 500® Index. The S&P 500 Index is an unmanaged index considered representative of the U.S. stock market.

The Global Industry Classification Standard was developed by and is the exclusive property and a service mark of MSCI, Inc. and Standard & Poor's.

"Keefe, Bruyette & Woods, Inc.", "KBW Nasdaq Bank Index" and "KBW" are trademarks of KBW and have been licensed for use by Invesco Capital Management LLC. The Invesco KBW Bank ETF is not sponsored, endorsed, sold or promoted by KBW and KBW makes no representation regarding the advisability of investing in The Invesco KBW Bank ETF. Invesco Capital Management LLC is not affiliated with KBW.

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