Invesco Next Gen Connectivity ETF (KNCT) Performance
KNCT total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +40.2% since Dec 31, 2025
- 1 year
- +42.6% total return
- 5 years
- +15.4% a year
- 10 years
- +17.9% a year
- Since first price
- +13.1% a year since 2005
KNCT trailing returns vs SPY, QQQ, AGG
| Period | KNCT total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −10.1% | −10.1% | −1.0% | −5.0% | +0.9% |
| 3 months | −2.4% | −2.8% | +3.2% | +1.9% | −0.4% |
| 6 months | +14.7% | +14.1% | +7.8% | +8.4% | −1.5% |
| YTD | +40.2% | +39.1% | +12.3% | +15.1% | −1.0% |
| 1 year | +42.6% | +41.3% | +14.4% | +15.9% | −1.1% |
| 3 years | +155.2%+36.7%/yr | +146.0% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +104.4%+15.4%/yr | +92.1% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +420.4%+17.9%/yr | +375.4% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +787.6%+15.7%/yr | +698.9% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| 20 years | +1,173.3%+13.6%/yr | +1,041.4% | +696.9%+10.9%/yr | +1,839.9%+16.0%/yr | +79.6%+3.0%/yr |
| Since inceptionJun 23, 2005 | +1,278.8%+13.1%/yr | +1,136.0% | — | — | — |
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: KNCT vs SPY
From Jun 23, 2005: KNCT grew to $137,880, SPY to $93,456.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
KNCT returns by calendar year
16 of 20 full years positive. Best 2009 (+63.1%), worst 2008 (−38.4%). 2026 is year to date.
KNCT annual returns table
| Year | KNCT | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +40.2% | −18.9% | +12.3% | +15.1% | −1.0% |
| 2025 | +28.6% | −21.4% | +17.7% | +20.8% | +7.2% |
| 2024 | +19.4% | −13.1% | +24.9% | +25.6% | +1.3% |
| 2023 | +27.4% | −9.4% | +26.2% | +54.9% | +5.7% |
| 2022 | −29.5% | −31.1% | −18.2% | −32.6% | −13.0% |
| 2021 | +21.8% | −14.1% | +28.7% | +27.4% | −1.8% |
| 2020 | +39.1% | −31.7% | +18.3% | +48.6% | +7.5% |
| 2019 | +26.4% | −14.6% | +31.2% | +39.0% | +8.5% |
| 2018 | +5.8% | −22.4% | −4.6% | −0.1% | +0.1% |
| 2017 | +15.4% | −7.3% | +21.7% | +32.7% | +3.6% |
| 2016 | +17.2% | −17.3% | +12.0% | +7.1% | +2.4% |
| 2015 | −0.9% | −19.0% | +1.2% | +9.4% | +0.5% |
| 2014 | +10.6% | −13.4% | +13.5% | +19.2% | +6.0% |
| 2013 | +25.6% | −11.0% | +32.3% | +36.6% | −2.0% |
| 2012 | +4.5% | −21.7% | +16.0% | +18.1% | +3.8% |
| 2011 | −8.2% | −31.9% | +1.9% | +3.4% | +7.7% |
| 2010 | +46.5% | −17.0% | +15.1% | +19.9% | +6.4% |
| 2009 | +63.1% | −19.4% | +26.4% | +54.7% | +3.0% |
| 2008 | −38.4% | −48.6% | −36.8% | −41.7% | +7.9% |
| 2007 | +2.9% | −16.8% | +5.1% | +19.0% | +6.6% |
| 2006 | +12.2% | −26.2% | +15.8% | +7.1% | +3.9% |
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.
KNCT largest drawdowns
Now 14.8% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jul 19, 2007 | −57.2% | Nov 21, 2008 | Apr 6, 2010 | 1.3 years | 2.7 years |
| Nov 9, 2021 | −34.6% | Jun 16, 2022 | Jul 8, 2024 | 7 months | 2.7 years |
| Feb 14, 2011 | −31.9% | Oct 3, 2011 | Aug 8, 2013 | 8 months | 2.5 years |
| Feb 6, 2020 | −31.7% | Mar 16, 2020 | Jun 1, 2020 | 39 days | 4 months |
| Jun 18, 2015 | −30.0% | Feb 9, 2016 | Sep 19, 2016 | 8 months | 1.3 years |
| Apr 5, 2006 | −26.2% | Jul 21, 2006 | Jan 11, 2007 | 4 months | 9 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
KNCT risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2005 |
|---|---|---|---|---|
| Annualized return | +40.6% | +19.0% | +18.8% | +13.8% |
| Volatility (annualized) | 22.8% | 23.0% | 21.1% | 22.2% |
| Sharpe ratio | 1.43 | 0.72 | 0.82 | — |
| Sortino ratio | 3.46 | 1.27 | 1.42 | — |
| Best month | +22.8% | +22.8% | +22.8% | +22.8% |
| Worst month | −11.4% | −12.4% | −12.7% | −16.2% |
| Best 12 months | +93.8% | +93.8% | +93.8% | +93.8% |
| Worst 12 months | +8.2% | −29.5% | −29.5% | −43.4% |
| Positive months | 72% | 63% | 65% | 60% |
| Beta vs S&P 500 | 1.35 | 1.11 | 1.07 | — |
| Correlation with S&P 500 | 0.73 | 0.76 | 0.78 | — |
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.
KNCT rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 245 | −43.4% | +16.6% | +93.8% | 75% |
| 3-year (a year) | 221 | −15.8% | +11.5% | +41.5% | 93% |
| 5-year (a year) | 197 | +2.2% | +12.3% | +27.7% | 100% |
| 10-year (a year) | 137 | +6.2% | +12.5% | +21.6% | 100% |
Every holding period starting at a month-end since 2005. Returns for 3 years and longer are annualized.
KNCT performance overview
Invesco Next Gen Connectivity ETF (KNCT) returned +42.6% over the past year and +17.9% a year over ten years, with distributions reinvested. Since its first recorded price in 2005 it has returned +13.1% a year, turning $10,000 into about $137,880. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −57.2%, from Jul 19, 2007 to Nov 21, 2008, and it took 1.4 years to get back to the old high. KNCT finished 16 of its 20 full calendar years with a gain; the best year was 2009 (+63.1%) and the worst 2008 (−38.4%). Volatility has been 22.2% a year.
Related: KNCT chart, KNCT holdings, KNCT dividends, KNCT valuation. See the KNCT overview for the latest quote and fund facts.
KNCT performance FAQ
What is the KNCT return over the past year?
KNCT returned +42.6% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 41.3%.
What is the average annual return of KNCT?
KNCT has returned +15.4% a year over 5 years, +17.9% a year over 10 years, +13.1% a year since June 23, 2005 (total return, distributions reinvested).
How much would $10,000 invested in KNCT be worth?
$10,000 invested in KNCT at its first recorded close on June 23, 2005 would be worth about $137,880 on October 23, 2026 with distributions reinvested.
What was the worst year for KNCT?
The worst calendar year was 2008, with a total return of −38.4%. The best was 2009 at +63.1%.
What is the biggest drawdown of KNCT?
The largest peak-to-trough decline was −57.2% between July 19, 2007 and November 21, 2008. It recovered to the old high on April 6, 2010, 1.4 years after the bottom.
How volatile is KNCT?
Over the past 3 years KNCT had an annualized volatility of 22.8% and a Sharpe ratio of 1.43 (excess return over 1–3 month T-bills per unit of risk).