KBWD holdings and overlap
Invesco KBW High Dividend Yield Financial ETF (KBWD) holds 37 positions in its Invesco file of 2026-10-24. Its three largest are INVESCO MORTGAGE CAPITAL INC (IVR) at 4.31%, ARMOUR Residential REIT (ARR) at 4.16% and Orchid Island Capital (ORC) at 4.12%, and its ten largest make up 37.8% of the fund.
In its Invesco file of 2026-10-24, KBWD is 62.9% financials by sector (no sector found for 37.7%), with none of it in mega-cap tech or in the ten largest US companies by market value.
What does KBWD hold, as of its issuer file of 2026-10-24?
KBWD spreads its weight across 37 positions, against a median of 77 across the 14 Financials funds with a page here. No fund with a page here holds more IVR than KBWD does, out of the 16 that hold it at all.
| Rank | Company | Weight | Weight bar |
|---|---|---|---|
| 1 | IVR INVESCO MORTGAGE CAPITAL INC | 4.31% | |
| 2 | ARR ARMOUR Residential REIT | 4.16% | |
| 3 | ORC Orchid Island Capital | 4.12% | |
| 4 | DX Dynex Capital | 3.96% | |
| 5 | MFA MFA Financial | 3.78% | |
| 6 | PMT PennyMac Mortgage Investment Trust | 3.76% | |
| 7 | FSK FS KKR Capital | 3.49% | |
| 8 | WU Western Union | 3.42% | |
| 9 | PFLT PennantPark Floating Rate Capital | 3.39% | |
| 10 | NMFC New Mountain Finance | 3.38% | |
| 11 | AGNC AGNC Investment | 3.26% | |
| 12 | GSBD Goldman Sachs BDC | 3.24% | |
| 13 | NLY Annaly Capital Management | 3.22% | |
| 14 | MFIC MidCap Financial Investment | 3.2% | |
| 15 | RWT Redwood Trust | 3.16% | |
| 16 | ADAM Adamas Trust | 3.05% | |
| 17 | NCDL Nuveen Churchill Direct Lending | 2.99% | |
| 18 | CGBD Carlyle Secured Lending | 2.96% | |
| 19 | TRIN Trinity Capital | 2.9% | |
| 20 | OBDC Blue Owl Capital | 2.8% | |
| 21 | TCPC BlackRock TCP Capital | 2.73% | |
| 22 | CION CION Investment | 2.58% | |
| 23 | AB AllianceBernstein Holding LP | 2.58% | |
| 24 | CCAP Crescent Capital BDC | 2.46% | |
| 25 | ABR Arbor Realty Trust | 2.33% | |
| 26 | FBRT Franklin BSP Realty Trust | 2.16% | |
| 27 | APAM Artisan Partners Asset Management | 1.85% | |
| 28 | WASH Washington Trust Bancorp | 1.81% | |
| 29 | OWL Blue Owl Capital | 1.8% | |
| 30 | NWBI Northwest Bancshares | 1.7% | |
| 31 | FIBK First Interstate BancSystem | 1.65% | |
| 32 | PNNT PennantPark Investment | 1.54% | |
| 33 | PRU Prudential Financial | 1.52% | |
| 34 | KRNY Kearny Financial | 1.39% | |
| 35 | PEBO Peoples Bancorp | 1.38% | |
| 36 | LNC Lincoln National | 1.33% | |
| 37 | BEN Franklin Resources | 1.2% |
The most recent file Invesco has published for KBWD is dated 2026-10-24, 4 days before these prices, which is the median for the Invesco ETFs covered here. Every one of the 37 positions KBWD holds, with its weight, is in the fund's JSON file. See the other 15 ETFs with a page here that hold IVR, and how their weights compare with the 4.31% KBWD 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/kbwd.jsonhttps://tickerinside.com/api/v1/fund/kbwd.csv=IMPORTDATA("https://tickerinside.com/api/v1/fund/kbwd.csv")If your sheet uses a decimal comma: =IMPORTDATA("https://tickerinside.com/api/v1/fund/kbwd.csv"; ","; "en_US")curl -s https://tickerinside.com/api/v1/fund/kbwd.jsonHow much money went into or out of KBWD?
On the close of Friday, October 23, 2026, KBWD neither created nor redeemed shares. Over its last 5 closes, a net outflow of $604 thousand.
From KBWD's own holdings files. Every ETF's latest flows.
How is KBWD split by sector?
| Sector | Weight | Weight bar |
|---|---|---|
| Financials | 62.9% | |
| No sector found | 37.7% |
From its Invesco file of 2026-10-24. How these are measured.
What did KBWD hold in its SEC reports since 2019?
In KBWD's SEC filings, its largest position went from Orchid Island Capital, Inc. (ORC) at 4.78% on 2019-11-30 to FS KKR Capital Corp. (FSK) at 4.14% on 2026-05-31, across 27 quarterly reports.
| Report | Positions | Largest | Top 10 |
|---|---|---|---|
| 2019-11-30 | 38 | ORC 4.78% | 39.2% |
| 2020-11-30 | 40 | ARI 5.06% | 41.7% |
| 2021-11-30 | 38 | ORC 5.50% | 39.7% |
| 2022-11-30 | 39 | ARR 4.31% | 37.6% |
| 2023-11-30 | 39 | ARR 6.24% | 38.4% |
| 2024-11-30 | 39 | TCPC 3.96% | 35.6% |
| 2025-11-30 | 40 | ARR 5.15% | 39.0% |
| 2026-05-31 | 40 | FSK 4.14% | 36.9% |
The first report, then the last of each year, of the 27 reports KBWD 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/kbwd/{date}.json. How these are read.
What does KBWD share with other ETFs?
The ETF nearest to KBWD is XSVM: the two hold 5.4% of their weight in common, in the 6 companies both own, and 15.6% of KBWD itself is also held there. KBWD barely overlaps any covered ETF.
| ETF | Overlap by weight | Of KBWD held there | Of that ETF in KBWD | Companies in both | Overlap bar |
|---|---|---|---|---|---|
| XSVM | 5.4% | 15.6% | 5.8% | 6 | |
| PEY | 4.1% | 4.1% | 5.5% | 3 | |
| KCE | 4.0% | 4.8% | 4.4% | 3 | |
| WDIV | 3.7% | 4.7% | 3.8% | 3 | |
| PSP | 3.7% | 14.2% | 5.8% | 5 | |
| XSHQ | 3.5% | 6.6% | 3.7% | 3 | |
| CZA | 3.0% | 5.9% | 3.3% | 3 | |
| XSLV | 3.0% | 9.3% | 3.0% | 4 | |
| KIE | 2.9% | 2.8% | 3.5% | 2 | |
| DVY | 2.9% | 4.0% | 3.5% | 3 | |
| SPHD | 2.7% | 2.7% | 4.0% | 2 | |
| FDVV | 2.7% | 4.7% | 2.7% | 2 |
FDVV's holdings are from its SEC Form N-PORT for the period ended 2026-07-31, filed 2026-09-23. The other ETFs' holdings are from their issuers' latest files. Check KBWD against any ETF in the ETF overlap calculator · how overlap is measured.
What adds something different to KBWD?
SOXX shares 0% of weight with KBWD and its weekly returns correlate with it at 0.35 over three years. The table lists the covered ETFs with the least in common with KBWD, least shared weight first and, among equals, lowest correlation.
| ETF | Name | Overlap by weight | Correlation, 3y | Companies in both |
|---|---|---|---|---|
| SOXX | iShares Semiconductor ETF | 0.0% | 0.35 | 0 |
| PICK | iShares MSCI Global Metals & Mining Producers ETF | 0.0% | 0.44 | 0 |
| THRO | iShares U.S. Thematic Rotation Active ETF | 0.0% | 0.47 | 0 |
| QUAL | iShares MSCI USA Quality Factor ETF | 0.0% | 0.50 | 0 |
| USMV | iShares MSCI USA Min Vol Factor ETF | 0.0% | 0.54 | 0 |
| XT | iShares Future Exponential Technologies ETF | 0.0% | 0.55 | 0 |
| SCZ | iShares MSCI EAFE Small-Cap ETF | 0.0% | 0.57 | 0 |
| USRT | iShares Core U.S. REIT ETF | 0.0% | 0.63 | 0 |
Cost, returns and risk
| Expense ratio | 5.39% |
|---|---|
| Dividend yield | 15.52% |
| Total return, 1 year | -9.7% |
| Total return, 3 years cumulative | 7.0% |
| Total return, 5 years cumulative | -10.9% |
| Volatility, annualised | 16.8% |
| Worst fall, 3 years | -21.4% |
| Beta against SPY, 3 years of weekly returns | 0.66 |
| Weight in the ten largest positions | 37.8% |
| Largest single position | 4.3% |
| Assets under management | $0.4B |
Expense ratio, yield and assets are reference data (the expense ratio from KBWD'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 | 0.54loosely linked | 126 |
| QQQ | 0.41loosely linked | 132 |
Weekly total returns. What the bands mean · why the covariance is printed.
Year by year
| Year | Total return |
|---|---|
| 2026 | -12.9% |
| 2025 | 5.6% |
| 2024 | 4.3% |
| 2023 | 20.2% |
| 2022 | -19.1% |
One year
Where to go next
- KBWP, Invesco KBW Property & Casualty Insurance ETF
- KCE, State Street SPDR S&P Capital Markets ETF
- KIE, State Street SPDR S&P Insurance ETF
- KRE, State Street SPDR S&P Regional Banking ETF
- Run a portfolio x-ray to see what KBWD carries once you look through it
- Compare KBWD 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 High Dividend Yield Financial ETF (KBWD), holdings from the issuer's file of 2026-10-24, https://tickerinside.com/etf/kbwd/, CC BY 4.0
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