This ETF offers exposure to insurance companies, delivering targeted exposure to a unique corner of the U.S. financials sector. Given the narrow focus of KBWI, this fund might be most useful for investors looking to implement a shorter term tactical tilt towards this corner of the market, though it can certainly also be used as a component of a long-term portfolio as well. KBWI's portfolio is unique from the most popular ETFs in the Financials Equities ETFdb Category; this ETF is designed to focus on firms that do business as public insurance companies, covering an array of sub-sectors including personal and commercial lines, property/casualty insurance, life insurance, reinsurance, insurance brokerage as well as financial guarantee. As such, its portfolio expands beyond the popular Wall Street titans that make up funds such as XLF. However, it should be noted that KBWI's portfolio is fairly shallow, consisting of 24 individual holdings. Additionally, this ETF allocated close to two thirds of its total assets to the top ten holding alone, which potentially increases the company-specific risk associated with this product. And this ETF features a nice degree of balance as well; no one name accounts for a huge portion of assets. For investors looking to access this corner of the market, the competitive expense ratio and targeted portfolio make KBWI a potentially appealing option. Alternative ETPs covering the same corner of the market include KIE, IAK, and PIC.
The adjacent table gives investors an individual Realtime Rating for KBWI on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Financials Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.View the Category Report
The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb Category.
This ETF is not currently available for commission free trading on any platforms.
There are 4 other ETFs in the Financials Equities ETFdb Category that are also eligible for commission free trading:
This section shows how this ETF has performed relative to its peer group ETFdb Category.
The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.
The following chart also includes the option to compare the performance of KBWI relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.
This section shows how the volatility of this ETF compares to the peer group ETFdb Category.
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