Invesco KBW Premium Yield Equity REIT ETF (KBWY) Performance
KBWY total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +14.2% since Dec 31, 2025
- 1 year
- +16.0% total return
- 5 years
- +0.4% a year
- 10 years
- +0.3% a year
- Since first price
- +4.4% a year since 2010
KBWY trailing returns vs SPY, QQQ, AGG
| Period | KBWY total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −1.7% | −2.4% | −1.0% | −5.0% | +0.9% |
| 3 months | −9.8% | −11.6% | +3.2% | +1.9% | −0.4% |
| 6 months | +3.2% | −1.0% | +7.8% | +8.4% | −1.5% |
| YTD | +14.2% | +6.2% | +12.3% | +15.1% | −1.0% |
| 1 year | +16.0% | +6.2% | +14.4% | +15.9% | −1.1% |
| 3 years | +31.3%+9.5%/yr | +0.9% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +2.1%+0.4%/yr | −32.3% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +3.1%+0.3%/yr | −53.1% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +112.7%+5.2%/yr | −26.4% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| Since inceptionDec 2, 2010 | +99.6%+4.4%/yr | −34.6% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: KBWY vs SPY
From Dec 2, 2010: KBWY grew to $19,957, SPY to $82,119.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
KBWY returns by calendar year
8 of 15 full years positive. Best 2016 (+33.0%), worst 2020 (−25.8%). 2026 is year to date.
KBWY annual returns table
| Year | KBWY | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +14.2% | −15.1% | +12.3% | +15.1% | −1.0% |
| 2025 | −5.3% | −18.6% | +17.7% | +20.8% | +7.2% |
| 2024 | −3.5% | −15.8% | +24.9% | +25.6% | +1.3% |
| 2023 | +12.9% | −27.0% | +26.2% | +54.9% | +5.7% |
| 2022 | −19.0% | −27.1% | −18.2% | −32.6% | −13.0% |
| 2021 | +31.2% | −8.2% | +28.7% | +27.4% | −1.8% |
| 2020 | −25.8% | −56.2% | +18.3% | +48.6% | +7.5% |
| 2019 | +23.4% | −9.5% | +31.2% | +39.0% | +8.5% |
| 2018 | −18.2% | −26.4% | −4.6% | −0.1% | +0.1% |
| 2017 | +0.8% | −8.0% | +21.7% | +32.7% | +3.6% |
| 2016 | +33.0% | −15.6% | +12.0% | +7.1% | +2.4% |
| 2015 | −8.2% | −22.9% | +1.2% | +9.4% | +0.5% |
| 2014 | +23.7% | −7.8% | +13.5% | +19.2% | +6.0% |
| 2013 | +10.7% | −19.3% | +32.3% | +36.6% | −2.0% |
| 2012 | +28.8% | −8.7% | +16.0% | +18.1% | +3.8% |
| 2011 | −5.1% | −25.3% | +1.9% | +3.4% | +7.7% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
KBWY largest drawdowns
Now 13.0% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jul 6, 2018 | −57.7% | Mar 18, 2020 | not yet | 1.7 years | 8.3 years so far |
| Jan 29, 2015 | −25.6% | Feb 11, 2016 | Jun 29, 2016 | 1.0 years | 1.4 years |
| Apr 28, 2011 | −25.3% | Oct 4, 2011 | Apr 27, 2012 | 5 months | 1.0 years |
| May 21, 2013 | −19.3% | Aug 19, 2013 | Oct 31, 2014 | 3 months | 1.4 years |
| Oct 18, 2017 | −18.7% | Mar 23, 2018 | Jul 5, 2018 | 5 months | 9 months |
| Sep 7, 2016 | −15.6% | Nov 3, 2016 | Dec 9, 2016 | 57 days | 3 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
KBWY risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2010 |
|---|---|---|---|---|
| Annualized return | +7.5% | +1.6% | +0.2% | +4.3% |
| Volatility (annualized) | 20.3% | 23.0% | 24.8% | 22.3% |
| Sharpe ratio | 0.24 | 0.02 | 0.05 | 0.24 |
| Sortino ratio | 0.38 | 0.03 | 0.07 | 0.35 |
| Best month | +12.7% | +14.2% | +22.8% | +22.8% |
| Worst month | −9.9% | −13.6% | −38.0% | −38.0% |
| Best 12 months | +31.8% | +31.8% | +54.0% | +54.0% |
| Worst 12 months | −17.4% | −22.4% | −41.9% | −41.9% |
| Positive months | 53% | 48% | 51% | 54% |
| Beta vs S&P 500 | 0.87 | 1.01 | 1.16 | — |
| Correlation with S&P 500 | 0.53 | 0.69 | 0.71 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
KBWY rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 179 | −41.9% | +5.2% | +54.0% | 63% |
| 3-year (a year) | 155 | −18.4% | +3.7% | +21.9% | 65% |
| 5-year (a year) | 131 | −8.2% | +1.9% | +17.0% | 62% |
| 10-year (a year) | 71 | −0.2% | +2.0% | +7.9% | 94% |
Every holding period starting at a month-end since 2010. Returns for 3 years and longer are annualized.
KBWY performance overview
Invesco KBW Premium Yield Equity REIT ETF (KBWY) returned +16.0% over the past year and +0.3% a year over ten years, with distributions reinvested. Since its first recorded price in 2010 it has returned +4.4% a year, turning $10,000 into about $19,957. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −57.7%, from Jul 6, 2018 to Mar 18, 2020; the fund has not yet regained that high. KBWY finished 8 of its 15 full calendar years with a gain; the best year was 2016 (+33.0%) and the worst 2020 (−25.8%). Volatility has been 22.3% a year.
Related: KBWY chart, KBWY holdings, KBWY dividends, KBWY valuation. See the KBWY overview for the latest quote and fund facts.
KBWY performance FAQ
What is the KBWY return over the past year?
KBWY returned +16.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 6.2%.
What is the average annual return of KBWY?
KBWY has returned +0.4% a year over 5 years, +0.3% a year over 10 years, +4.4% a year since December 2, 2010 (total return, distributions reinvested).
How much would $10,000 invested in KBWY be worth?
$10,000 invested in KBWY at its first recorded close on December 2, 2010 would be worth about $19,957 on October 23, 2026 with distributions reinvested.
What was the worst year for KBWY?
The worst calendar year was 2020, with a total return of −25.8%. The best was 2016 at +33.0%.
What is the biggest drawdown of KBWY?
The largest peak-to-trough decline was −57.7% between July 6, 2018 and March 18, 2020. It has not yet recovered to that high; it is 13.0% below its peak.
How volatile is KBWY?
Over the past 3 years KBWY had an annualized volatility of 20.3% and a Sharpe ratio of 0.24 (excess return over 1–3 month T-bills per unit of risk).