Invesco KBW High Dividend Yield Financial ETF (KBWD) Holdings
KBWD holdings summary
as of Oct 25, 2026- Holdings
- 37 positions listed
- Top 10 weight
- 37.4% of net assets
- Effective holdings
- 33 equal-weight equivalent
- Largest holding
- ORC 4.27% Orchid Island Capital, Inc.
- Annual turnover
- 66.7% of the portfolio traded
All KBWD holdings
| # | Name | ||||||
|---|---|---|---|---|---|---|---|
| 1 | ORC | Orchid Island Capital, Inc. | Real Estate | 4.27% | $14.0M | $981.1M | 3.0 |
| 2 | 7M20 | INVESCO MORTGA.CAP.DL-01 | Other | 4.20% | $13.8M | — | — |
| 3 | ARR | ARMOUR Residential REIT, Inc. | Real Estate | 3.95% | $13.0M | $1.87B | 3.3 |
| 4 | DX | Dynex Capital, Inc. | Real Estate | 3.95% | $13.0M | $2.71B | 3.8 |
| 5 | PMT | PennyMac Mortgage Investment Trust | Real Estate | 3.81% | $12.5M | $641.8M | 4.8 |
| 6 | M4ZA | MFA FINANCIAL NEW DL -01 | Real Estate | 3.70% | $12.1M | — | — |
| 7 | FSK | FS KKR Capital Corp. | Financial Services | 3.52% | $11.5M | $2.85B | — |
| 8 | WU | The Western Union Company | Financial Services | 3.47% | $11.4M | $1.92B | 5.0 |
| 9 | PFLT | PennantPark Floating Rate Capital Ltd. | Financial Services | 3.29% | $10.8M | $645.9M | 12.8 |
| 10 | NMFC | New Mountain Finance Corporation | Financial Services | 3.27% | $10.7M | $636.6M | — |
| 11 | AGNC | AGNC Investment Corp. | Real Estate | 3.23% | $10.6M | $10.34B | 4.4 |
| 12 | AINV | Apollo Investment Corp | Financial | 3.21% | $10.5M | — | — |
| 13 | GSBD | Goldman Sachs BDC, Inc. | Financial Services | 3.20% | $10.5M | $982.7M | 16.8 |
| 14 | RWT | Redwood Trust, Inc. | Real Estate | 3.18% | $10.4M | $381.9M | — |
| 15 | AAYA | ANNALY CAP.MGMT DL -01 | Other | 3.06% | $10.0M | — | — |
| 16 | NCDL | Nuveen Churchill Direct Lending Corp. | Financial Services | 3.04% | $10.0M | $524.5M | 11.2 |
| 17 | CGBD | Carlyle Secured Lending, Inc. | Financial Services | 3.00% | $9.8M | $714.9M | 20.8 |
| 18 | ADAM | New York Mortgage Trust, Inc. | Real Estate | 2.84% | $9.3M | $686.7M | 4.5 |
| 19 | TRIN | Trinity Capital Inc. | Financial Services | 2.80% | $9.2M | $1.45B | 9.1 |
| 20 | ORCC | Owl Rock Capital Corp | Financials | 2.78% | $9.1M | — | — |
| 21 | TCPC | BlackRock TCP Capital Corp. | Financial Services | 2.71% | $8.9M | $349.0M | — |
| 22 | AB | AllianceBernstein Holding L.P. | Financial Services | 2.61% | $8.6M | $3.21B | 10.3 |
| 23 | CION | CION Investment Corporation | Financial Services | 2.56% | $8.4M | $324.2M | 94.1 |
| 24 | CCAP | Crescent Capital BDC, Inc. | Financial Services | 2.44% | $8.0M | $327.9M | — |
| 25 | ABR | Arbor Realty Trust, Inc. | Real Estate | 2.32% | $7.6M | $545.3M | 29.9 |
| 26 | FBRT | Franklin BSP Realty Trust, Inc. | Real Estate | 2.24% | $7.3M | $515.7M | 14.1 |
| 27 | WASH | Washington Trust Bancorp, Inc. | Financial Services | 1.85% | $6.1M | $706.9M | 12.9 |
| 28 | OWL | Blue Owl Capital Inc. | Financial Services | 1.84% | $6.0M | $13.87B | 73.8 |
| 29 | APAM | Artisan Partners Asset Management Inc. | Financial Services | 1.80% | $5.9M | $2.29B | 7.8 |
| 30 | NWBI | Northwest Bancshares, Inc. | Financial Services | 1.77% | $5.8M | $2.19B | 14.4 |
| 31 | FIBK | First Interstate BancSystem, Inc. | Financial Services | 1.73% | $5.7M | $3.32B | 10.8 |
| 32 | PRU | Prudential Financial, Inc. | Financial Services | 1.51% | $5.0M | $39.99B | 10.5 |
| 33 | PNNT | PennantPark Investment Corporation | Financial Services | 1.45% | $4.7M | $198.5M | 20.3 |
| 34 | PEBO | Peoples Bancorp Inc. | Financial Services | 1.41% | $4.6M | $1.32B | 11.1 |
| 35 | KRNY | Kearny Financial Corp. | Financial Services | 1.40% | $4.6M | $566.7M | 15.7 |
| 36 | LNC | Lincoln National Corporation | Financial Services | 1.32% | $4.3M | $7.63B | 3.4 |
| 37 | BEN | Franklin Resources, Inc. | Financial Services | 1.26% | $4.1M | $15.74B | 21.1 |
Weights as a percentage of net assets. Value held = weight × net assets ($327.9M). Market cap and P/E from each company's latest fundamentals (U.S.-listed stocks).
KBWD sector breakdown
| Sector | Weight | Holdings | Largest |
|---|---|---|---|
| Financial Services | 53.3% | 23 | FSK, WU, PFLT |
| Real Estate | 33.5% | 10 | ORC, ARR, DX |
| Other | 7.3% | 2 | 7M20, AAYA |
| Financial | 3.2% | 1 | AINV |
| Financials | 2.8% | 1 | ORCC |
Sum of the weights of the holdings in each sector.
KBWD top industries
KBWD overlap with other ETFs
| ETF | Fund | Overlap | Shared holdings | Expense ratio |
|---|---|---|---|---|
| IWM | iShares Russell 2000 ETF | 0.6% | 14 of 1,962 | 0.19% |
| VTI | Vanguard Total Stock Market ETF | 0.2% | 23 of 2,941 | 0.03% |
| VXUS | Vanguard Total International Stock ETF | 0.1% | 3 of 8,035 | 0.05% |
| SPY | SPDR S&P 500 ETF | 0.1% | 2 of 502 | 0.09% |
| QQQ | Invesco QQQ ETF | 0.0% | 0 of 101 | 0.17% |
| DIA | SPDR Dow Jones Industrial Average ETF | 0.0% | 0 of 30 | 0.16% |
Overlap = sum over shared holdings of the smaller of the two weights. 100% means identical portfolios.
About the KBWD portfolio
Invesco KBW High Dividend Yield Financial ETF holds 37 positions. The ten largest make up 37.4% of the fund, so it behaves like a portfolio of about 33 equally weighted stocks. The biggest positions are Orchid Island Capital, Inc. (4.27%), INVESCO MORTGA.CAP.DL-01 (4.20%), ARMOUR Residential REIT, Inc. (3.95%), Dynex Capital, Inc. (3.95%), PennyMac Mortgage Investment Trust (3.81%).
By sector, Financial Services is 53.3%, Real Estate is 33.5%, Other is 7.3%. Holdings data is from the fund's latest portfolio as reported by EODHD on October 25, 2026; positions change as the fund rebalances.
Related: KBWD chart, KBWD performance, KBWD dividends, KBWD valuation, KBWD overview.
KBWD holdings FAQ
How many holdings does KBWD have?
KBWD holds 37 positions as of October 25, 2026.
What are the top 10 holdings of KBWD?
The ten largest holdings are Orchid Island Capital, Inc. (4.27%), INVESCO MORTGA.CAP.DL-01 (4.20%), ARMOUR Residential REIT, Inc. (3.95%), Dynex Capital, Inc. (3.95%), PennyMac Mortgage Investment Trust (3.81%), MFA FINANCIAL NEW DL -01 (3.70%), FS KKR Capital Corp. (3.52%), The Western Union Company (3.47%), PennantPark Floating Rate Capital Ltd. (3.29%), New Mountain Finance Corporation (3.27%). Together they are 37.4% of the fund.
What percentage of KBWD is Orchid Island Capital, Inc.?
Orchid Island Capital, Inc. is the largest holding at 4.27% of net assets, about $14.0M of the fund's $327.9M.
Which sector is the largest in KBWD?
Financial Services is the largest sector at 53.3%, followed by Real Estate (33.5%) and Other (7.3%), based on the sectors of the individual holdings.
How concentrated is KBWD?
The top 10 holdings are 37.4% of the fund. By the effective number of holdings (1 divided by the sum of squared weights) KBWD behaves like a portfolio of about 33 equally weighted stocks.