Invesco KBW Bank ETF (KBWB) is a financial sector ETF. As of October 28, 2026, ETF Copilot scores KBWB 4.5 out of 10 — highest on Return (6.3), lowest on Risk (1.3). It trades at 12.9 times earnings, against its own median of 12.5. Its ten largest holdings are 59% of the fund.
What stands out in KBWB's data
U.S. banking stocks, weighted toward the largest lenders.
Priced slightly above the typical bank fund — you pay a small premium for the same earnings.
Trailing P/E multiple of 12.9x sits just above the category median of 12.8x. The fund holds only 24 names, a lean portfolio. Its 3-year volatility of 23.6% runs above the 18.0% peer norm.
A focused bet on big U.S. banks, with a lean portfolio.
Why did KBWB move this week? It rose 1.2% in the week to October 28, 2026 — Goldman Sachs and Morgan Stanley drove it
KBWB rose 1.2% in the week to October 28, 2026. The holdings that moved it most were Goldman Sachs (+2.3%), Morgan Stanley (+1.7%) and Wells Fargo (+1.5%); Capital ONE Financial (−0.9%) pushed the other way.
How is KBWB rated? ETF Copilot scores Invesco KBW Bank ETF (KBWB) 4.5 out of 10
As of October 28, 2026, ETF Copilot scores Invesco KBW Bank ETF (KBWB) 4.5 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 4.5 / 10
- Growth: 5.5 / 10
- Value: 6.1 / 10
- Risk: 1.3 / 10
- Quality: 2.1 / 10
- Return: 6.3 / 10
KBWB is ranked #10 of 10 in ETF Copilot's Value list.
Is KBWB expensive right now? It trades at 12.9 times earnings, against its own median of 12.5
As of October 28, 2026, KBWB is more expensive than 55% of its own last 9 years.
Trailing 12 months, built from KBWB's holdings. How we calculate this →
What's inside KBWB?
What's inside KBWB: Size (Large 83%, Mid 17%, Small 0%); Geography (International 0%, US 100%).
What are KBWB's top holdings? The ten largest are 59% of the fund
Wells Fargo, JPMorgan Chase, Goldman Sachs, Morgan Stanley, Bank of America, Fifth Third Bancorp, Truist Financial, US Bancorp, PNC Financial Services and Capital ONE Financial are KBWB's largest holdings, in that order.
More concentrated than 70% of Financials ETFs.
Half of KBWB's weight sits in its 8 largest positions, and once those weights are taken into account it behaves like 19 equally weighted holdings.
What is KBWB's expense ratio? 0.35% a year
As of October 28, 2026, KBWB charges 0.35% a year, yields 2.09% and holds $6.7B in assets across 24 positions.
| Measure | KBWB |
|---|---|
| Expense ratio | 0.35% |
| Dividend yield | 2.09% |
| Assets under management | $6.7B |
| Holdings | 24 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “Invesco KBW Bank ETF (KBWB) scores and holdings analysis”, as of October 28, 2026.
https://etf-copilot.com/etf/kbwb
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