Invesco KBW High Dividend Yield Financial ETF(KBWD · ETF)
ETF quote, holdings, sector allocation, technicals, and options analytics.
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
- 52-Week Range
- $11.21 – $14.74
- YTD
- -17.94%
- IV Rank (30D)
- 69.05
- Straddle Price
- $0.70
- P/C Vol Ratio
- 0.70
Invesco KBW High Dividend Yield Financial ETF (KBWD) ETF
- Exchange
- XNAS
- Inception
- 2010-12-02
- Has Options
- Yes
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2026-09-21 | 2026-09-25 | $0.1350 | CD |
| 2026-08-24 | 2026-08-28 | $0.1350 | CD |
| 2026-07-20 | 2026-07-24 | $0.1350 | CD |
| 2026-06-22 | 2026-06-26 | $0.1386 | CD |
| 2026-05-18 | 2026-05-22 | $0.1409 | CD |
| 2026-04-20 | 2026-04-24 | $0.1434 | CD |
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| IVR | Invesco Mortgage Capital Inc | 4.49% | Equity (US) | US |
| ORC | Orchid Island Capital Inc | 4.31% | Equity (US) | US |
| ARR | ARMOUR Residential REIT Inc | 4.20% | Equity (US) | US |
| PMT | PennyMac Mortgage Investment Trust | 4.17% | Equity (US) | US |
| MFA | MFA Financial Inc | 4.01% | Equity (US) | US |
| DX | Dynex Capital Inc | 3.81% | Equity (US) | US |
| FSK | FS KKR Capital Corp | 3.51% | Other | US |
| RWT | Redwood Trust Inc | 3.47% | Equity (US) | US |
| PFLT | PennantPark Floating Rate Capital Ltd | 3.33% | Other | US |
| NMFC | New Mountain Finance Corp | 3.30% | Other | US |
| AGNC | AGNC Investment Corp | 3.27% | Equity (US) | US |
| NLY | Annaly Capital Management Inc | 3.17% | Equity (US) | US |
| MFIC | MidCap Financial Investment Corp | 3.13% | Other | US |
| GSBD | Goldman Sachs BDC Inc | 3.12% | Other | US |
| WU | Western Union Co/The | 3.03% | Equity (US) | US |
| ABR | Arbor Realty Trust Inc | 2.99% | Equity (US) | US |
| ADAM | Adamas Trust Inc | 2.93% | Equity (US) | US |
| CGBD | Carlyle Secured Lending Inc | 2.91% | Other | US |
| NCDL | Nuveen Churchill Direct Lending Corp | 2.88% | Other | US |
| TRIN | Trinity Capital Inc | 2.79% | Other | US |
| OBDC | Blue Owl Capital Corp | 2.73% | Other | US |
| TCPC | BlackRock TCP Capital Corp | 2.56% | Other | US |
| CION | CION Investment Corp | 2.55% | Other | US |
| CCAP | Crescent Capital BDC Inc | 2.45% | Other | US |
| AB | AllianceBernstein Holding LP | 2.37% | Other | US |
| FBRT | Franklin BSP Realty Trust Inc | 2.31% | Equity (US) | US |
| APAM | Artisan Partners Asset Management Inc | 1.76% | Equity (US) | US |
| OWL | Blue Owl Capital Inc | 1.65% | Equity (US) | US |
| PNNT | PennantPark Investment Corp | 1.63% | Other | US |
| WASH | Washington Trust Bancorp Inc | 1.59% | Equity (US) | US |
| NWBI | Northwest Bancshares Inc | 1.48% | Equity (US) | US |
| FIBK | First Interstate BancSystem Inc | 1.45% | Equity (US) | US |
| PRU | Prudential Financial Inc | 1.39% | Equity (US) | US |
| KRNY | Kearny Financial Corp/MD | 1.25% | Equity (US) | US |
| PEBO | Peoples Bancorp Inc/OH | 1.24% | Equity (US) | US |
| LNC | Lincoln National Corp | 1.21% | Equity (US) | US |
| BEN | Franklin Templeton Inc | 1.13% | Equity (US) | US |
| AGPXX | Invesco Government & Agency Portfolio | 0.41% | Cash/Money Market | — |
| USD | CASH & EQUIVALENTS | 0.00% | Other | US |
| — | SECURITIES LENDING - BNYM | 0.00% | Cash/Money Market | — |
| Category | Weight | Value | Positions |
|---|---|---|---|
| Short-term investment | 30.83% | $134.2M | 2 |
| Month | Avg Return | Years of Data |
|---|---|---|
| Jan | +0.69% | 6 |
| Feb | -1.91% | 6 |
| Mar | -2.83% | 6 |
| Apr | -1.39% | 6 |
| May | -0.14% | 6 |
| Jun | -0.57% | 6 |
| Jul | +2.24% | 6 |
| Aug | +0.04% | 6 |
| Sep | -6.81% | 6 |
| Oct | +0.86% | 5 |
| Nov | +2.85% | 5 |
| Dec | -1.03% | 5 |
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
Momentum Oscillators
Volume & Volatility
Data Summary
LLM Stock Analysis Report
Executive Summary
Overall Assessment: NEUTRAL (Confidence Level: 6/10)
Key Drivers: KBWD's recent performance has been characterized by a slow drift lower, with some mixed signals from technical indicators.
Primary Risks: The stock is trading near its long-term trend line, and a breakdown could lead to further losses. On the other hand, a bounce above the current price could signal a return to the uptrend.
Investment Thesis: KBWD's recent underperformance has created an attractive entry point for investors looking to buy into the long-term trend. However, the stock's beta is relatively low, indicating lower volatility compared to the broader market.
Recent News Sentiment Impact: The news headlines have been mostly neutral, with one negative article and several positive or neutral ones. This mixed sentiment has not had a significant impact on the stock price.
Technical Analysis
Trend Direction:
- Short-term (1-4 weeks): Bearish
- Medium-term (1-3 months): Neutral
- Long-term (3-12 months): Bullish
Support/Resistance Levels: The current price is near the long-term trend line, which could serve as support. The 50-day SMA ($12.56) and the Bollinger Bands' middle band ($12.30) also provide potential levels of resistance.
Momentum Signals:
- RSI interpretation: Neutral (52.13)
- MACD signal: Bearish (-0.04 / Signal: 0.03 / Histogram: -0.07)
- Bollinger Bands position: Neutral (price is near the middle band)
Volume Analysis: The volume trends suggest institutional interest is low, with a decline in volume over the past few weeks.
News & Sentiment Analysis
Recent Headlines Summary: The news headlines have been mostly neutral, with one negative article and several positive or neutral ones.
Sentiment Assessment: Neutral (aggregate sentiment)
Catalyst Identification: No immediate catalysts are apparent, but KBWD's upcoming earnings release could provide a potential trigger for the stock price.
Market Narrative: The news sentiment is not strongly contradicting the technical signals, which remain mixed and uncertain.
Risk & Volatility Assessment
Beta Interpretation: Low risk (beta: 0.66)
Volatility Regime: Low volatility (current vs historical volatility levels)
Options Market Signals: IV rank: 24.3% (Low), put/call ratios: 0.04 (Bullish sentiment), unusual activity: None
Downside Protection: Support levels and risk management considerations are highlighted near the long-term trend line and the Bollinger Bands' middle band.
Market Context & Positioning
Sector Performance: KBWD is underperforming its sector peers, which could be a contrarian buying opportunity.
Institutional Activity: Institutional interest is low, with declining volume trends over the past few weeks.
Correlation Analysis: The stock's beta is relatively low, indicating lower volatility compared to the broader market.
Relative Valuation: KBWD is trading near its long-term trend line and within a neutral range relative to its sector peers.
Key Levels & Action Items
Critical Price Levels:
- Long-term trend line ($12.25)
- 50-day SMA ($12.56)
- Bollinger Bands' middle band ($12.30)
Breakout/Breakdown Levels: The current price is near the long-term trend line, which could serve as support or resistance.
Time-Sensitive Catalysts: KBWD's upcoming earnings release could provide a potential trigger for the stock price.
Risk Management: Stop-loss levels and position sizing considerations are highlighted near the long-term trend line and the Bollinger Bands' middle band.
- IV Rank (30D)
- 69.05
- IV Rank (7D)
- 69.05
- Avg IV
- 115.1%
- Straddle (30D)
- $0.70
- Straddle (7D)
- $0.70
- P/C Volume
- 0.70
Each spread is ranked by a composite score built in three stages. Full documentation →
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Enter a ticker to render the implied volatility surface.
Enter a ticker to render the implied volatility smile.
- Beta (1Y vs SPY)
- 0.68
- Correlation (SPY)
- 52.0%
- R²
- 0.27
- Ann. Volatility
- 16.9%
- SPY Volatility
- 13.0%
Low volatility - stock moves less than market
Click any bar to view the full quote for that stock.
| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
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