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ETFs

Invesco Exchange-Traded Fund Trust II Invesco KBW Premium Yield Equity REIT ETF

KBWY
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Dec 02 2010
Expense Ratio
0.35%
Type
US Equities
Fund Owner
Invesco
Volume (1m avg. daily)
$936,976
AUM
$210,443,823
Associated Index
KBW Nasdaq Premium Yield Equity REIT Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

BDN
Brandywine Realty Trust
6.33%
GNL
Global Net Lease Inc
5.85%
SBRA
Sabra Healthcare REIT Inc
4.83%
UNIT
Uniti Group Inc
4.73%
OUT
Outfront Media Inc
4.53%
OPI
Office Properties Income Trust
4.45%
OHI
Omega Healthcare Investors, Inc.
4.24%
GOOD
Gladstone Commercial Corp
4.11%
SVC
Service Properties Trust
3.95%
GMRE
Global Medical REIT Inc
3.88%
Invest with KBWY

What is KBWY?

The Invesco KBW Premium Yield Equity REIT ETF (Fund) is based on the KBW Nasdaq Premium Yield Equity REIT Index (Index). The Fund generally will invest at least 90% of its total assets in the securities of small- and mid-cap equity REITs in the United States that comprise the Underlying Index. Keefe, Bruyette & Woods, Inc. and Nasdaq, Inc. compile, maintain and calculate the Underlying Index, which is a modified-dividend yield-weighted index that seeks to reflect the performance of such companies. The Fund generally invests in all of the securities comprising the Underlying Index in proportion to their weightings in the Underlying Index. The Fund and the Index are rebalanced and reconstituted on the third Friday of March, June, September and December.

ETFs related toKBWY

ETFs correlated to KBWY include USRT, BBRE, RWR

KBWY
Invesco Capital Management LLC - Invesco KBW Premium Yield Equity REIT ETF
USRT
BlackRock Institutional Trust Company N.A. - iShares Core U.S. REIT ETF
BBRE
J.P.Morgan Investment Management Inc. - JPMorgan BetaBuilders MSCI U.S. REIT ETF
RWR
SPDR Series Trust - SPDR DJ Wilshire REIT ETF
REET
BlackRock Institutional Trust Company N.A. - iShares Global REIT ETF
VNQ
Vanguard Group, Inc. - Vanguard Real Estate Index Fund ETF
FREL
Fidelity Covington Trust - Fidelity MSCI Real Estate Index ETF
SCHH
Schwab Strategic Trust - Schwab U.S. REIT ETF
RWO
SSgA Active Trust - SPDR Dow Jones Global Real Estate ETF
DFAR
Dimensional ETF Trust - Dimensional US Real Estate ETF
RSPR
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight Real Estate ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toKBWY

#PTS

Pick the Trending Sector

Category

Grow Your Portfolio, Ride the Momentum

Risk Rating

Aggressive

#DB

Diversification at its Best

Category

Tactical Asset Allocation, Be Risk Aware, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with KBWY using Composer

FAQ

KBWY is a US Equities ETF. The Invesco KBW Premium Yield Equity REIT ETF (Fund) is based on the KBW Nasdaq Premium Yield Equity REIT Index (Index). The Fund generally will invest at least 90% of its total assets in the securities of small- and mid-cap equity REITs in the United States that comprise the Underlying Index. Keefe, Bruyette & Woods, Inc. and Nasdaq, Inc. compile, maintain and calculate the Underlying Index, which is a modified-dividend yield-weighted index that seeks to reflect the performance of such companies. The Fund generally invests in all of the securities comprising the Underlying Index in proportion to their weightings in the Underlying Index. The Fund and the Index are rebalanced and reconstituted on the third Friday of March, June, September and December.

KBWY tracks the KBW Nasdaq Premium Yield Equity REIT Index.

KBWY dividend information: Dividend - High Yield. Dividend payouts may vary in terms of frequency of payouts.

No, KBWY is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, KBWY is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on KBWY is -0.0275%. This is the percent change in the value of KBWY over the most recent 1-month period. The 3-month return on KBWY is 0.0242%. This is the percent change in the value of KBWY over the most recent 3-month period.

The standard deviation of KBWY for the past year is 0.2663%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to KBWY include VIG, VYM, and DFAS.

ETFs correlated to KBWY include USRT, BBRE, and RWR.

ETFs that are inversely correlated to KBWY include SRS, DRV, and RWM.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.