Invesco KBW Premium Yield Equity REIT ETF
The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is a modified-dividend yield-weighted index of domestic equity real estate investment trusts ("REITs") of small- and mid-capitalization, as determined by the index provider. The underlying index is designed to track the performance of small- and mid-capitalization domestic equity REITs that have competitive dividend yields and are publicly-traded in the U.S.
SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN · NET +$31M OVER THIS RANGE
Money keeps arriving — +$3M of net buying over the past month, about 0.9% of the fund's asset base, while the price has returned +17.4% so far this year. At 0.35% a year it is not the cheapest way in — IEFA runs the same ground at 0.07%.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
| 1 week | +1.3% |
| 1 month | -1.5% |
| 3 months | +5.2% |
| 6 months | +13.1% |
| YTD | +17.4% |
| 1 year | +13.5% |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
| 1 week | — |
| 1 month | +$3M |
| 3 months | +$10M |
| YTD | +$24M |
| 1 year | +$31M |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
Due diligence cuts both ways. These funds sit on the same shelf and beat KBWY on at least one dimension that matters — the fee, the asset base, or where the money is going.
| Fund | Fee | Assets | Flow, 1M | The case | |
|---|---|---|---|---|---|
| DIVB iShares U.S. Dividend and Buyback ETF | 0.05% | $1.9B | +$136M | -30bp on fee · 6× the assets · +$136M in over the month | Head-to-head |
| HDV iShares Core High Dividend ETF | 0.08% | $15.1B | +$209M | -27bp on fee · 48× the assets · +$209M in over the month | Head-to-head |
| SCHD Schwab U.S. Dividend Equity ETF | 0.06% | $60.6B | — | -29bp on fee · 193× the assets | Head-to-head |
| VYM Vanguard High Dividend Yield Index Fund | 0.06% | $58.1B | — | -29bp on fee · 185× the assets | Head-to-head |
| DGRO iShares Core Dividend Growth ETF | 0.08% | $43.6B | −$50M | -27bp on fee · 139× the assets | Head-to-head |