KBWB

Invesco KBW Bank ETF

$77.00

+0.00%

Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The Invesco KBW Bank ETF (KBWB) seeks to track the investment results of an index that is designed to provide exposure to leading U.S. banking companies.

Overview

ETF tracking Invesco KBW Bank ETF

Category Financials

Issuer Invesco

Inception Date 2016-12-07

Market Cap $5.1B

Average Volume N/A

Dividend Yield 2.12%

52-Week Range $53.50 - $79.74

VWAP $76.93

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The Invesco KBW Bank ETF (KBWB) seeks to track the investment results of an index that is designed to provide exposure to leading U.S. banking companies.

🎯 Investment Strategy

The ETF employs a passive management approach, seeking to track the KBW Nasdaq Bank Index. The index is composed of leading U.S. banking companies that are publicly traded. The fund generally invests at least 90% of its total assets in the securities that comprise the underlying index.

✨ Key Features

Provides exposure to the U.S. banking sector
Tracks the KBW Nasdaq Bank Index, which is composed of leading U.S. banking companies
Utilizes a passive, index-tracking investment approach
Low expense ratio of 0.00%

⚠️ Primary Risks

Concentration risk as the fund is focused on the banking sector
Susceptibility to economic conditions and interest rate changes that impact the banking industry
Potential for higher volatility compared to broader market indices
Liquidity risk due to the fund's relatively small asset size

👤 Best For

This ETF may be suitable for investors seeking exposure to the U.S. banking sector as part of a diversified portfolio. It may be of particular interest to investors with a long-term investment horizon who are comfortable with the risks associated with the banking industry.