KBWR

Invesco KBW Regional Banking ETF

Invesco KBW Regional Banking Portfolio is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that generally correspond (before fees and expenses) to the price and yield of the KBW Regional Banking Index (the "Underlying Index"). The Fund will normally invest at least 90% of its total assets in securities that comprise the Underlying Index.


Rules-Based, Concentrated

MANAGEMENT MATRIX

QABA

CLOSEST COMP

FACTOR SCORECARD

SIZE
VALUE
YIELD
MOMENTUM
VOLATILITY
QUALITY
Fund Basics
Fund sponsorTax Exempt Securities Trust In
CategoryUS Equities
Asset classEquity
Websitelink...
Inception dateNov 01, 2011
Assets (mns)$86
Expense ratio35 bp
CurrencyUSD
Sector Breakdown
Fund Structure
RegulationOpen-Ended Fund
DistributionsQuarterly
Taxation1099
Stock selectionCommittee
WeightingTiered
Holdings TransparencyFull
Derivatives-basedNo
Options availableYes
Currency hedgedNo
Fund of fundsNo
Top 10 Holdings Complete list  + 
WEBSTER FINANCIAL CORP 4.3 %
CULLEN/FROST BANKERS INC 4.0 %
COMMERCE BANCSHARES INC 4.0 %
PROSPERITY BANCSHARES INC 3.1 %
PINNACLE FINANCIAL PARTNERS 2.9 %
BOK FINANCIAL CORPORATION 2.2 %
ASSOCIATED BANC-CORP 2.2 %
INDEPENDENT BANK CORP/MA 2.2 %
FNB CORP 2.2 %
UNITED BANKSHARES INC 2.2 %
Constituent Breakdown
Number of holdings50
Herfindahl-Hirschman Index 224
Wgt avg mkt cap (mns)$4,561
Large cap (>$10bn)0.0%
Mid cap ($2-10bn)96.6%
Small cap (<$2bn)3.5%
Developed mkts.100.0%
Emerging mkts.0.0%
Country Exposure
UNITED STATES 96.6 %
PUERTO RICO 3.4 %
Historical Performance


Standardized Annual Returns (as of 11/30/2022)
YTD1 YR2 YR3 YR5 YR10 YRIncep.
0.8% 3.9% 23.5% 9.3% 4.5% 11.1% 11.5%
Market Correlations
versus...BetaR-squared
S&P 5000.9843%
MSCI EAFE1.0448%
MSCI Emg Mkts0.8739%
Liquidity Measures
Avg. volume (000)9
Turnover0.7%
Avg. Bid/Ask (% of price)0.20%
ADV of underlying (mns)$911
Technical Indicators
Recent close$62.22
30d moving avg.$61.31
Annualized volatility31.2%
Relative strength (RSI)60
Short interest (ETF)0.7%
Short interest (underlying)2.6%
Distributions
Assets Under Management (mns)

Money Flows (mns)

Short Interest (as % of shares outstanding)

Long Money Flows (mns)

Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial

Risk and Returns: KBWR vs. Comps (1 YR)

Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.

Content on this tab for Individual & Professional subscribers only. Start your FREE trial

Results & Estimates
  2017 2018 2019 2020 2021 2022E 2023E  
Sales per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Earnings per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Dividends per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Book value per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates

Content on this tab for Individual & Professional subscribers only. Start your FREE trial

Valuation Metrics
  2021 2022E Fwd Est 2023E
Price-to-sales --x --x --x --x
Price-to-earnings --x --x --x --x
Price-to-cash flow --x --x --x --x
Price-to-growth --x --x --x --x
Price-to-book value --x --x --x --x
Yield --% --% --x --%
2.9 10.6 1.1 2.8% --
Based on closing prices from 12/2/2022
Historical Valuation Trends Sample data. Subscribe for access.

SHOWING:
Price-to-Earnings
KBWR



Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.

Some content on this tab for Individual & Professional subscribers only. Start your FREE trial

ETF Research Center Fund Rating

Our measure of an ETF's overall investment merit

ALTAR Score™

KBWR

8.8%

Cat. Avg

6.4%

Fund Category: US Equities

Avg. Return on Equity--%
Divided by: Fwd. P/BV--x
Less: Expenses-- bp
Equals: ALTAR Score™8.8%
Recommendation

OVERWEIGHT

Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

Category Overview
There are 875 funds in the US Equities category, with an average ALTAR Score™ of 6.4% and a standard deviation of 2.9%. KBWR's ALTAR Score™ is approximately 0.8 standard deviations above the category average. This places KBWR in the 80th percentile among funds in the category.
Consensus Recommendation

Sell-side recommendations on the ETF's individual constituents

Composite
KBWR
Peer Average
SELL
U/W
HOLD
O/W
BUY



Recent Trends


Breakdown

 

Market Activity
Latest price
Change
Volume
Bid/Ask Spread
Update
Today's Trading

Trading data provided for free by IEX. By accessing this data you agree to abide by their Terms of Service.


Total Cost of Ownership (TCO) Comparison
Expense (bp)
(A)
Avg. Bid/Ask (bp)
(B)
TCO (bp)
(A)+(B)
KBWR 35.0 19.8 54.8
Peer Avg. -- -- --
  For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .
Fundamental data for individual fund constituents sourced from FactSet Research Systems.