KBWR - Invesco KBW Regional Banking ETF

Equity - Sector Equity

Product Details

The Invesco KBW Regional Banking ETF (the "Fund") is based on the KBW Nasdaq Regional Banking Index (the "Index"). The Fund will normally invest at least 90% of its total assets in securities of publicly-traded US regional banking and thrift companies that comprise the Index. The Index is modified-market capitalization-weighted index that seeks to reflect the performance of such companies. The Index is compiled, maintained and calculated by Keefe, Bruyette & Woods, Inc. and Nasdaq Inc. and is composed of companies primarily engaged in US regional banking activities. The Fund and the Index are rebalanced and reconstituted quarterly.

as of 11/30/2019 09/30/2019

Performance

  YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Index History (%)
KBW Nasdaq Regional Banking Index 18.71 1.29 1.96 8.67 11.75 13.49
S&P Composite 1500 Commercial Banks Index 32.81 13.25 11.95 11.73 13.10 17.17
Fund History (%)
Fund NAV 18.30 0.94 1.58 8.28 N/A 13.09
After Tax Held 17.45 0.01 0.99 7.70 N/A 12.55
After Tax Sold 10.81 0.64 1.10 6.40 N/A 10.71
Fund Market Price 18.63 0.88 1.54 8.30 N/A 13.12
  YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Index History (%)
KBW Nasdaq Regional Banking Index 12.87 -8.20 7.00 8.89 11.02 13.07
S&P Composite 1500 Commercial Banks Index 20.64 0.61 16.37 10.24 12.11 16.14
Fund History (%)
Fund NAV 12.54 -8.52 6.60 8.49 N/A 12.67
After Tax Held 11.73 -9.37 5.98 7.91 N/A 12.13
After Tax Sold 7.42 -4.95 5.00 6.60 N/A 10.35
Fund Market Price 12.92 -8.45 6.61 8.44 N/A 12.71

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 09/30/2019

Growth of $10,000

Data beginning Fund inception and ending 09/30/2019. 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 12/12/2019

Market Cap & Style Allocations

Large-Cap Value 1.99%
Large-Cap Blend -
Large-Cap Growth -
Mid-Cap Value 21.16%
Mid-Cap Blend 17.88%
Mid-Cap Growth 2.05%
Small-Cap Value 26.87%
Small-Cap Blend 28.01%
Small-Cap Growth 2.03%

as of 12/13/2019 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
CBSH Commerce Bancshares Inc/MO 3.97
SBNY Signature Bank/New York NY 3.84
TCF TCF Financial Corp 3.67
EWBC East West Bancorp Inc 3.61
SNV Synovus Financial Corp 3.08
WAL Western Alliance Bancorp 2.28
HWC Hancock Whitney Corp 2.16
PNFP Pinnacle Financial Partners Inc 2.15
OZK Bank OZK 2.14
WBS Webster Financial Corp 2.07

Distributions | HideView All | Distribution Information

Ex-Date Record Date Pay Date $/
Share
Ordinary Income Short Term Gains Long Term Gains Return of Capital
09/23/2019 09/24/2019 09/30/2019 0.34203 0.34203 - - -
06/24/2019 06/25/2019 06/28/2019 0.31546 0.31546 - - -
03/18/2019 03/19/2019 03/29/2019 0.23648 0.23648 - - -
12/24/2018 12/26/2018 12/31/2018 0.37177 0.37177 - - -
09/24/2018 09/25/2018 09/28/2018 0.32518 0.32518 - - -
06/18/2018 06/19/2018 06/29/2018 0.24981 0.24981 - - -
03/19/2018 03/20/2018 03/29/2018 0.15247 0.15247 - - -
12/18/2017 12/19/2017 12/29/2017 0.36689 0.36689 - - -
09/18/2017 09/19/2017 09/29/2017 0.20956 0.20956 - - -
06/16/2017 06/20/2017 06/30/2017 0.25015 0.25015 - - -
03/17/2017 03/21/2017 03/31/2017 0.06573 0.06573 - - -
12/16/2016 12/20/2016 12/30/2016 0.33890 0.33890 - - -
09/16/2016 09/20/2016 09/30/2016 0.21725 0.21725 - - -
06/17/2016 06/21/2016 06/30/2016 0.21542 0.21542 - - -
03/18/2016 03/22/2016 03/31/2016 0.06614 0.06614 - - -
12/18/2015 12/22/2015 12/31/2015 0.30730 0.30730 - - -
09/18/2015 09/22/2015 09/30/2015 0.11787 0.11787 - - -
06/19/2015 06/23/2015 06/30/2015 0.20955 0.20955 - - -
03/20/2015 03/24/2015 03/31/2015 0.15562 0.15562 - - -
12/19/2014 12/23/2014 12/31/2014 0.30124 0.30124 - - -
09/19/2014 09/23/2014 09/30/2014 0.17075 0.17075 - - -
06/20/2014 06/24/2014 06/30/2014 0.17933 0.17933 - - -
03/21/2014 03/25/2014 03/31/2014 0.06317 0.06317 - - -
12/20/2013 12/24/2013 12/31/2013 0.25390 0.25390 - - -
09/20/2013 09/24/2013 09/30/2013 0.07751 0.07751 - - -
06/21/2013 06/25/2013 06/28/2013 0.15963 0.15963 - - -
03/15/2013 03/19/2013 03/28/2013 0.10053 0.10053 - - -
12/21/2012 12/26/2012 12/31/2012 0.19697 0.19697 - - -
09/21/2012 09/25/2012 09/28/2012 0.14835 0.14835 - - -
06/15/2012 06/19/2012 06/29/2012 0.12526 0.12526 - - -
03/16/2012 03/20/2012 03/30/2012 0.34730 0.34730 - - -
12/16/2011 12/20/2011 12/30/2011 0.12872 0.12872 - - -

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%
09/30/2019 64 25 0 0 0 0 0
03/31/2019 61 9 0 0 0 0 0
12/31/2018 63 26 0 0 0 0 0
09/30/2018 63 37 0 0 0 0 0
Year Ended 2018 251 143 2 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%
09/30/2019 64 39 0 0 0 0 0
03/31/2019 61 52 0 0 0 0 0
12/31/2018 63 34 2 1 0 0 0
09/30/2018 63 26 0 0 0 0 0
Year Ended 2018 251 103 2 1 0 0 0

Fund Inception : 11/01/2011

 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.

Investing in securities of regional, small and medium banks involve greater risk than is customarily associated with investing in larger, more established banks.

The S&P Composite 1500® Commercial Banks (S&P Commerical Banks) Index is an unmanaged index considered representative of the Composite Commercial Banks 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 Regional Banking Index" and "KBW" are trademarks of KBW and have been licensed for use by Invesco Capital Management LLC. The Invesco KBW Regional Banking ETF is not sponsored, endorsed, sold or promoted by KBW and KBW makes no representation regarding the advisability of investing in The Invesco KBW Regional Banking ETF. Invesco Capital Management LLC is not affiliated with KBW.

as of 12/13/2019
4:15 PM EST

KBWR
Intraday Stats

  • Last Trade $53.94
  • Current IIV $53.95
  • Change -$0.40
  • % Change -0.73%
as of 12/13/2019
  • NAV at market close $53.95
as of 12/13/2019

Fund Yield

  • SEC 30 Day Yield 2.37%
  • Distribution Rate 2.54%
  • 12 Month Distribution Rate 2.35%
  • 30-Day SEC Unsubsidized Yield
    as of 12/13/2019
    2.35%
as of 12/13/2019

Prior Close

  • Closing Price $54.34
  • Bid/Ask Midpoint $53.95
  • Bid/Ask Prem/Disc -
  • Bid/Ask Prem/Disc -
as of 09/30/2019

Fund Characteristics

  • Price/Earnings Ratio1 11.78
  • Forward Price/Earnings Ratio 11.41
  • Price/Book Ratio1 1.15
  • ROE2 11.34%
  • Avg Market Cap2 $3,916MM

1 Weighted Harmonic Average

2 Weighted Average

Source for Fund Characteristics calculations: FactSet

Fund Details

  • Fund Ticker KBWR
  • CUSIP # 46138E578
  • ISIN US46138E5785
  • Intraday NAV KBWRIV
  • Index Ticker KRXTR
  • Index Provider Keefe, Bruyette & Woods, Inc.
  • Management Fee 0.35%
  • Total Expense Ratio 0.35%
  • Marginable Yes
  • Short Selling Yes
  • Options No
  • Exchange NASDAQ
  • Inception Date 11/01/2011
  • # of Holdings 50
    as of 12/13/2019
as of 12/13/2019

Quick Facts

  • Previous Close $54.34
  • Open $54.27
  • Today's High $54.36
  • Today's Low $53.84
  • Today's Volume 2,863
  • 3,292 30-Day Avg Trading
    Volume
  • 52 Week High $54.63
  • 52 Week Low $42.21
  • Shares Outstanding 1.30MM
  • Market Value $70.1MM