KBWB holdings and overlap
Invesco KBW Bank ETF (KBWB) holds 24 positions in its Invesco file of 2026-10-24. Its three largest are Wells Fargo (WFC) at 8.28%, JPMorgan Chase (JPM) at 8.12% and Goldman Sachs (GS) at 7.41%, and its ten largest make up 59.1% of the fund.
In its Invesco file of 2026-10-24, KBWB is 99.8% financials by sector, with none of it in mega-cap tech or in the ten largest US companies by market value.
What does KBWB hold, as of its issuer file of 2026-10-24?
KBWB spreads its weight across 24 positions, against a median of 77 across the 14 Financials funds with a page here. The position KBWB carries furthest above that group is JPMorgan Chase at 8.12% of the fund, against a 1.25% median there.
| Rank | Company | Weight | Weight bar |
|---|---|---|---|
| 1 | WFC Wells Fargo | 8.28% | |
| 2 | JPM JPMorgan Chase | 8.12% | |
| 3 | GS Goldman Sachs | 7.41% | |
| 4 | MS Morgan Stanley | 7.3% | |
| 5 | BAC Bank of America | 7.08% | |
| 6 | FITB Fifth Third Bancorp | 4.28% | |
| 7 | TFC Truist Financial | 4.24% | |
| 8 | USB U.S. Bancorp | 4.2% | |
| 9 | PNC PNC Financial Services | 4.1% | |
| 10 | COF Capital One | 4.07% | |
| 11 | MTB M&T Bank | 4.03% | |
| 12 | HBAN Huntington Bancshares | 4.0% | |
| 13 | C Citigroup | 3.98% | |
| 14 | BNY BNY Mellon | 3.91% | |
| 15 | NTRS Northern Trust | 3.87% | |
| 16 | STT State Street | 3.81% | |
| 17 | CFG Citizens Financial Group | 3.45% | |
| 18 | RF Regions Financial | 3.05% | |
| 19 | KEY KeyCorp | 2.83% | |
| 20 | EWBC East West Bancorp | 2.26% | |
| 21 | PNFP Pinnacle Financial Partners | 1.91% | |
| 22 | FHN First Horizon | 1.4% | |
| 23 | ZION Zions Bancorporation N.A. | 1.22% | |
| 24 | WAL Western Alliance Bancorporation | 1.05% |
The most recent file Invesco has published for KBWB is dated 2026-10-24, 4 days before these prices, which is the median for the Invesco ETFs covered here. Every one of the 24 positions KBWB holds, with its weight, is in the fund's JSON file. See the other 98 ETFs with a page here that hold WFC, and how their weights compare with the 8.28% KBWB gives it.
Category: Financials, set by TickerInside from the ETF's own latest file. In its file of 2026-10-24, 100% of its stocks whose sector is known are financials companies, each in the sector the site gives that company. How categories are set.
https://tickerinside.com/api/v1/fund/kbwb.jsonhttps://tickerinside.com/api/v1/fund/kbwb.csv=IMPORTDATA("https://tickerinside.com/api/v1/fund/kbwb.csv")If your sheet uses a decimal comma: =IMPORTDATA("https://tickerinside.com/api/v1/fund/kbwb.csv"; ","; "en_US")curl -s https://tickerinside.com/api/v1/fund/kbwb.jsonHow much money went into or out of KBWB?
On the close of Friday, October 23, 2026, $93 million went into KBWB, 1.43% of its assets, as it created shares. Over its last 5 closes, a net inflow of $125 million.
From KBWB's own holdings files. Every ETF's latest flows.
How is KBWB split by sector?
| Sector | Weight | Weight bar |
|---|---|---|
| Financials | 99.8% |
From its Invesco file of 2026-10-24. How these are measured.
What did KBWB hold in its SEC reports since 2019?
In KBWB's SEC filings, its largest position went from Bank of America (BAC) at 8.21% on 2019-11-30 to Morgan Stanley (MS) at 9.36% on 2026-05-31, across 27 quarterly reports.
| Report | Positions | Largest | Top 10 |
|---|---|---|---|
| 2019-11-30 | 22 | BAC 8.21% | 60.9% |
| 2020-11-30 | 23 | USB 7.99% | 59.2% |
| 2021-11-30 | 24 | BAC 8.34% | 60.1% |
| 2022-11-30 | 24 | JPM 9.45% | 63.1% |
| 2023-11-30 | 24 | WFC 8.26% | 60.6% |
| 2024-11-30 | 24 | WFC 8.72% | 60.8% |
| 2025-11-30 | 24 | MS 8.81% | 62.2% |
| 2026-05-31 | 24 | MS 9.36% | 61.5% |
The first report, then the last of each year, of the 27 reports KBWB filed on SEC Form N-PORT from 2019-11-30 to 2026-05-31, each company under its ticker today. Every position of every report is in its quarterly file, and at any date at /api/v1/history/kbwb/{date}.json. How these are read.
What does KBWB share with other ETFs?
The ETF nearest to KBWB is IYG: the two hold 37.3% of their weight in common, in the 24 companies both own, and 100.0% of KBWB itself is also held there. No covered ETF holds more than that in common with KBWB; it duplicates nothing here closely. KBWB is close to contained in IYG.
| ETF | Overlap by weight | Of KBWB held there | Of that ETF in KBWB | Companies in both | Overlap bar |
|---|---|---|---|---|---|
| IYG | 37.3% | 100.0% | 41.9% | 24 | |
| IYF | 36.3% | 95.9% | 39.3% | 23 | |
| XLF | 33.6% | 92.2% | 36.8% | 19 | |
| VFH | 33.6% | 100.0% | 35.9% | 24 | |
| PWV | 23.6% | 58.9% | 23.6% | 10 | |
| RSPF | 23.2% | 92.2% | 23.2% | 19 | |
| IXG | 18.9% | 92.2% | 19.0% | 19 | |
| KBE | 18.0% | 77.4% | 18.1% | 20 | |
| PKW | 14.6% | 27.9% | 14.6% | 6 | |
| RDVY | 14.4% | 48.9% | 14.4% | 10 | |
| VYM | 13.0% | 100.0% | 13.0% | 24 | |
| DFUV | 12.2% | 100.0% | 12.2% | 24 |
VFH's holdings are from its SEC Form N-PORT for the period ended 2026-05-31, filed 2026-07-29. RDVY's holdings are from its SEC Form N-PORT for the period ended 2026-06-30, filed 2026-08-21. VYM's holdings are from its SEC Form N-PORT for the period ended 2026-07-31, filed 2026-09-28. DFUV's holdings are from its SEC Form N-PORT for the period ended 2026-07-31, filed 2026-09-24. The other ETFs' holdings are from their issuers' latest files. Check KBWB against any ETF in the ETF overlap calculator · how overlap is measured.
What adds something different to KBWB?
PICK shares 0% of weight with KBWB and its weekly returns correlate with it at 0.40 over three years. The table lists the covered ETFs with the least in common with KBWB, least shared weight first and, among equals, lowest correlation.
| ETF | Name | Overlap by weight | Correlation, 3y | Companies in both |
|---|---|---|---|---|
| PICK | iShares MSCI Global Metals & Mining Producers ETF | 0.0% | 0.40 | 0 |
| SOXX | iShares Semiconductor ETF | 0.0% | 0.41 | 0 |
| SCZ | iShares MSCI EAFE Small-Cap ETF | 0.0% | 0.52 | 0 |
| IYR | iShares U.S. Real Estate ETF | 0.0% | 0.53 | 0 |
| XT | iShares Future Exponential Technologies ETF | 0.0% | 0.54 | 0 |
| USRT | iShares Core U.S. REIT ETF | 0.0% | 0.55 | 0 |
| PABU | iShares Paris-Aligned Climate Optimized MSCI USA ETF | 0.0% | 0.55 | 0 |
| PFF | iShares Preferred and Income Securities ETF | 0.0% | 0.56 | 0 |
Cost, returns and risk
| Expense ratio | 0.35% |
|---|---|
| Dividend yield | 2.14% |
| Total return, 1 year | 18.3% |
| Total return, 3 years cumulative | 135.4% |
| Total return, 5 years cumulative | 43.2% |
| Volatility, annualised | 23.0% |
| Worst fall, 3 years | -24.9% |
| Beta against SPY, 3 years of weekly returns | 1.06 |
| Weight in the ten largest positions | 59.1% |
| Largest single position | 8.3% |
| Assets under management | $6.2B |
Expense ratio, yield and assets are reference data (the expense ratio from KBWB's SEC filing of 2025-12-18); the weight in the ten largest positions and the largest single position are from the issuer file of 2026-10-24; every other figure is computed here from weekly closes.
How it moves with the market
| Against | Correlation, 3 years | Covariance, annualised, in percent squared |
|---|---|---|
| SPY | 0.64loosely linked | 204 |
| QQQ | 0.46loosely linked | 203 |
Weekly total returns. What the bands mean · why the covariance is printed.
Year by year
| Year | Total return |
|---|---|
| 2026 | 7.5% |
| 2025 | 32.0% |
| 2024 | 36.7% |
| 2023 | -1.2% |
| 2022 | -21.7% |
One year
Where to go next
- KBWD, Invesco KBW High Dividend Yield Financial ETF
- KBWP, Invesco KBW Property & Casualty Insurance ETF
- KCE, State Street SPDR S&P Capital Markets ETF
- KIE, State Street SPDR S&P Insurance ETF
- Run a portfolio x-ray to see what KBWB carries once you look through it
- Compare KBWB against any other ETF in the builder
Holdings from the most recent file Invesco has published, dated 2026-10-24. Prices through 2026-10-28. How every figure here is produced. Measurements, not investment advice.
Cite this page
TickerInside, Invesco KBW Bank ETF (KBWB), holdings from the issuer's file of 2026-10-24, https://tickerinside.com/etf/kbwb/, CC BY 4.0
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