Summary
Invesco KBW Bank ETF is an ETF - a fund traded on an exchange like a stock - run by Invesco. Positions inside: 31. The ten largest make up 60% of the fund.
- Yearly costs
- 0.35%
- Fund size
- $6.07B
- Positions
- 31
- Dividend yield
- 2.17%
- Running since
- 2011
What speaks for it
- Costs of 0.35% a year are below the middle of comparable funds (0.44%).
- A large fund with $6.07B under management.
- Easy to buy and sell: about $172.1M changes hands a day.
- Average yearly growth over the last ten years: 8.7%.
- It has been running since 2011.
What to watch
- The ten largest positions make up 60% of the fund, so its result rests on a few names.
- 100% of the fund is in one sector (Financials).
- 100% of the fund is in one country (United States).
- In the last five years its price once dropped by 51% from its high.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -5.8%
- 3 months
- -10%
- This year
- +3.0%
- 1 year
- +17%
- 3 years
- +124%
- 5 years
- +21%
- 10 years
- +131%
- Avg. market cap
- $201.2B
- P/E
- 12.2x
- Forward P/E
- 11.8x
- P/S
- 2.2x
- P/B
- 1.4x
- P/FCF
- 8.8x
- EV/EBITDA
- -
- Dividend yield
- 2.56%
- ROIC
- -
- ROE
- 13.5%
- Gross margin
- -
- Operating margin
- 23.3%
- Net margin
- 18.6%
- Payout ratio
- 31.2%
- Net debt/EBITDA
- -
- Beta
- 1.24
Weighted average of the 24 largest companies, which make up 100% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 WFWells Fargo WFC 8.4%
- 2 JPJPMorgan JPM 8.3%
- 3 GSGoldman Sachs GS 7.6%
- 4 MSMorgan Stanley MS 7.5%
- 5 BABank of America BAC 7.3%
- 6 TFTruist Financial Corporation TFC 4.1%
- 7 FIFifth Third Bancorp FITB 4.1%
- 8 CCitigroup C 4.1%
- 9 USU.S. Bancorp USB 4.1%
- 10 COCapital One Financial Corporation COF 4.1%
Positions in the fund: 31. The ten largest make up 60% of it.
Composition as of Oct 17, 2026.
Where is it spread?
One sector dominatesBy sector
- Financials 100%
By country
- United States 100%
- Other countries 0.02%
By company size
- Mega cap 43%
- Large cap 54%
- Mid cap 2.2%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest sector: Financials (100%). Largest country: United States (100%). Largest size group: Large cap (54%).
What does it cost me?
Cheap- A year from $10,000
- $35.00
- Over 20 years
- $1,714
From every $10,000 invested the fund takes $35.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $1,714.
How has it done?
Growing over the long run- A year on average, 10 years
- +8.7%
- Deepest drop
- -51%
- Yearly volatility
- 20%
Average yearly growth over the last ten years: 8.7%. Deepest drop in these years: 51% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 2.17%
- Payments a year
- 4
- Last payment
- $0.46
Over the last 12 months it paid $1.87 per share, which is 2.17% of today's price. The last payment was $0.46 on Sep 21, 2026.
Is it easy to buy and sell?
Very easy- Traded a day
- $172.1M
- Shares a day
- 2.0M
On an average day about $172.1M of the fund changes hands.
How expensive are the companies inside?
Rather cheap- P/E of the companies inside
- 12.2
- Average Bulios Score
- 71 out of 100
Weight by Bulios Fair Price
- Undervalued 51%
- Fairly valued 6.8%
- Overvalued 42%
On average the companies inside trade for 12.2 times their yearly profit. By Fair Price, 51% of the rated weight comes out as undervalued.
Counted from its largest companies (24), which make up 100% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
HU HUBL.TO Harvest US Bank Leaders Income ETF | Canada | 0.75% | $85.2M | +4.8% | Pays out | 73% |
ZW ZWK.TO BMO Covered Call US Banks ETF | Canada | 0.71% | $223.5M | +9.4% | Pays out | 70% |
IU IUS2.DE iShares S&P U.S. Banks UCITS ETF | Ireland | 0.35% | $1.01B | +24% | Reinvests | 65% |
BN BNKT.AS iShares S&P U.S. Banks UCITS ETF | Ireland | 0.35% | $10.7M | +16% | Pays out | 65% |
CA CALL-U.TO Evolve US Banks Enhanced Yield Fund | Canada | 0.45% | $99.0M | +8.9% | Pays out | 61% |
CA CALL.TO Evolve US Banks Enhanced Yield Fund | Canada | 0.45% | $99.3M | +5.3% | Pays out | 61% |