This ETF is one of the more unique offerings in the financial sector, as KBWD offers a way to access banks and other institutions that pay out attractive dividend yields. KBWD is definitely a risky bet, as the underlying companies generally include the less stable financial institutions that aren’t necessarily on strong fiscal footing. As such, this fund probably isn’t appropriate for those with a low risk tolerance and the hyper-targeted nature diminishes the appeal to those constructing a balanced portfolio for the long run. But for those seeking to tilt towards dividend paying stocks and enhance the current return generated from the equity side of a portfolio, KBWD can be a very attractive option, as the effective dividend yield may be in excess of 10%. The dividend weighted methodology may have some appeal to investors, not only because it maximizes current returns but because the potential drawbacks of cap weighting are avoided entirely. KBWD is appropriate only for a very small slice of investors, but it can be a very powerful tool for opportunistic, yield-hungry individuals or clients.
| Segment | Equity: U.S. Financials |
| Category | Sector |
| Focus | Financials |
| Niche | Broad-based |
| Strategy | Dividends |
| Weighting Scheme | Tiered |
This section compares how balanced and deep this ETF is relative to its peers.
| KBWD | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Number of Holdings | 42 | 90 | 133 |
| % of Assets in Top 10 | 37.40% | 47.07% | 39.63% |
| % of Assets in Top 15 | 53.19% | 58.84% | 49.56% |
| % of Assets in Top 50 | 100.00% | 88.80% | 84.27% |
| KBWD | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Large (>12.9B) | 0.00% | 52.66% | 59.02% |
| Mid (>2.7B) | 24.60% | 25.26% | 19.23% |
| Small (>600M) | 47.50% | 14.11% | 13.92% |
| Micro (<600M) | 21.96% | 3.60% | 2.49% |
This section compares the P/E ratio of this ETF to its peers.
This section compares the dividend yield of this ETF to its peers.
| KBWD | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Dividend | $ 0.14 | $ 0.47 | $ 0.32 |
| Dividend Date | 2023-02-21 | N/A | N/A |
| Annual Dividend Rate | $ 1.69 | $ 1.33 | $ 1.26 |
| Annual Dividend Yield | 11.71% | 3.12% | 2.92% |
View charts featuring KBWD price and volume data.
View charts featuring ETF fund flow data.
5 Day Net Flows: 3.46 M 1 Month Net Flows: 4.93 M 3 Month Net Flows: 5.86 M 6 Month Net Flows: -17.77 M 1 Year Net Flows: -9.4 M 3 Year Net Flows: 178.74 M 5 Year Net Flows: 195.03 M 10 Year Net Flows: 338.21 MView charts that break down the influence that fund flows and price had on overall assets.
5 Day Net AUM Change: -1.4 MThe adjacent table gives investors an individual Realtime Rating for KBWD 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 ETF Database 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 ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.
This section compares the cost efficiency of this ETF to its peers.
| Max ST Capital Gains Rate | 39.60% |
| Max LT Capital Gains Rate | 20.00% |
| Tax On Distributions | Qualified dividends |
| Distributes K1 | No |
KBWD does not have an ESG score. There are no ESG themes that map to this ETF.
This section shows how this ETF has performed relative to its peers.
| KBWD |
ETF Database
Category Average |
Factset Segment
Average |
|
|---|---|---|---|
| 1 Month Return | -13.73% | -13.03% | -11.61% |
| 3 Month Return | -1.94% | -2.65% | -3.56% |
| YTD Return | -0.82% | -3.90% | -4.84% |
| 1 Year Return | -16.84% | -17.50% | -13.19% |
| 3 Year Return | 75.76% | 72.41% | 56.97% |
| 5 Year Return | -0.13% | 12.21% | 11.08% |
The following charts reflect the geographic spread of KBWD's underlying holdings.
| Region | Percentage |
|---|---|
| North, Central and South America | 99.83% |
| Other | 0.17% |
| Country | Percentage |
|---|---|
| United States | 94.04% |
| Bermuda | 2.31% |
| Cayman Islands | 2.0% |
| United Kingdom | 1.48% |
| Other | 0.17% |
The following charts reflect the allocation of KBWD's underlying holdings.
| Sector | Percentage |
|---|---|
| Finance | 93.98% |
| Miscellaneous | 4.79% |
| Commercial Services | 1.06% |
| Other | 0.17% |
| CASH | 0.0% |
| Market Cap | Percentage |
|---|---|
| Small | 47.5% |
| Mid | 24.6% |
| Micro | 21.96% |
| Large | 0.0% |
| Region | Percentage |
|---|
| Asset | Percentage |
|---|---|
| Share/Common/Ordinary | 94.07% |
| Closed-ended Fund | 5.76% |
| Other | 0.17% |
| CASH | 0.0% |
| Sector | Percentage |
|---|---|
| Finance | 93.98% |
| Miscellaneous | 4.79% |
| Commercial Services | 1.06% |
| Other | 0.17% |
| CASH | 0.0% |
This section shows how the volatility of this ETF compares to the peer group ETF Database Category.
| 5 Day Volatility | 202.38% |
| 20 Day Volatility | 30.30% |
| 50 Day Volatility | 25.93% |
| 200 Day Volatility | 24.84% |
| Beta | 1.33 |
| Standard Deviation | 1.09% |
ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.
Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.
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