The Motley FoolT3·8mo ago
KBWY Invesco KBW Premium Yield Equity REIT ETF
ETF 16.38 DelayedETF quote, holdings, sector allocation, technicals, and options analytics. Expected move IV rank history Fibonacci levels
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.
KBWY
$16.38
—
Key stats
$16.38
- 52-Week Range
- $14.81 – $19.35
- YTD
- +5.23%
- IV Rank (30D)
- 27.05
- Straddle Price
- $1.88
- P/C Vol Ratio
- 0.51
- Open
- $16.45
- Day Range
- $16.30 – $16.48
- Volume
- 260,606
- Prev Close
- $16.42
About
Invesco KBW Premium Yield Equity REIT ETF (KBWY) ETF
No description available.
- Exchange
- XNAS
- Inception
- 2010-12-02
- Has Options
- Yes
- Homepage
- https://www.invesco.com/us/etfs
Fund profile
holdings as of Oct 8, 2026issuer datathrough May 2026flows, SEC filings
Sells options for income. Distributions can exceed what the strategy earns, in which case part of the payout is the fund's own capital. Compare the distribution rate with the price change in the ETF lab.
- Expense ratio
- 0.35% prospectus, filed Dec 18, 2025
- Assets
- $294M shares × price, Oct 9, 2026
- Trailing yield
- 9.03% paid monthly
- Average daily volume
- $4.1M 30 sessions
- Holdings
- 30 top 10 are 45.4%
- Listed
- Dec 2, 2010 Nasdaq
- Tracking difference
- -0.28 pts vs index, after fees, FY 2025
Cost86
Liquidity54
Scale54
Diversification55
Moves with. US large-cap stocks (18% of its variance, beta 0.70); Small caps over large (10% of its variance, beta 0.35); Developed markets ex-US over US (6% of its variance, beta 0.35); Value over growth (6% of its variance, beta 0.40). These factors explain 45% of its daily moves over the last year.
Stated objective. The Invesco KBW Premium Yield Equity REIT ETF (the Fund) seeks to track the investment results (before fees and expenses) of the KBW Nasdaq Premium Yield Equity REIT TM Index (the Underlying Index). (from the fund's prospectus)
All 30 holdingsFlow historySimilar fundsOverlap toolAll Covered Call ETFs
Fund flows
through May 2026SEC filings- May 2026
- +$1.5M latest reported month
- Latest 3 months
- +$3.2M +1.1% of assets
- Latest 12 months
- +$41M +14.1% of assets
View as a table
| Month | Net flow |
|---|---|
| May 2026 | +$1.5M |
| Apr 2026 | +$198K |
| Mar 2026 | +$1.4M |
| Feb 2026 | +$1.2M |
| Jan 2026 | +$1.5M |
| Dec 2025 | +$4.6M |
| Nov 2025 | +$1.4M |
| Oct 2025 | +$1.1M |
| Sep 2025 | +$2.5M |
| Aug 2025 | +$4.5M |
| Jul 2025 | +$12M |
| Jun 2025 | +$9.3M |
Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 81 months ago
Similar funds
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| RDOGALPS REIT Dividend Dogs ETF | 52% | 0.35% | $10M | +5.7% | compare |
| NETLColterpoint Net Lease Real Estate ETF | 30% | 0.60% | $47M | −2.5% | compare |
| RIETHoya Capital High Dividend Yield ETF | 30% | 0.50% | $99M | −12.7% | compare |
| SRHRSRH REIT Covered Call ETF | 22% | 0.75% | $49M | −1.9% | compare |
| XSHDInvesco S&P SmallCap High Dividend Low Volatility ETF | 17% | 0.30% | $63M | −3.6% | compare |
Ranked by how much of the two portfolios is the same securities.
Look-through: what the holdings say
weights as of Oct 8, 2026issuer data- Holdings vs fair value
- +31.8% 90% under, 3% over · 98% covered
- Price / earnings
- 67.4 28% loss-making · 98% covered
- Price / book · sales
- 1.1 · 3.1 revenue growth +4.5%
- Above 200-day average
- 38% 4% above 50-day · by weight
- Short interest
- 8.2% of float, weighted · 5.6 days to cover
- Insider buying
- 35% of weight had net insider buying, 90 days; 19% net selling
- 13F holders
- +2.7% change in shares held by institutions, latest quarter
- Reporting earnings
- 0.0% of weight in 7 days; 8.6% in 14
Holdings reporting in the next 14 days
Each figure is the fund's holdings weighted by position size, using our data on those stocks, and covers only the share of the stock holdings stated. Positive fair value means the holdings trade below our estimate.
What changed in the portfolio
Feb 28, 2026 → May 31, 2026| Action | Holding | Weight before | Weight after | Shares vs flows |
|---|---|---|---|---|
| Increase | SLGSL Green Realty Corp. | 1.95% | 4.23% | +96.0% |
| Increase | HIWHighwoods Properties, Inc. | 2.15% | 4.22% | +88.5% |
| Decrease | AREAlexandria Real Estate Equities, Inc. | 3.93% | 2.01% | −38.3% |
| Increase | DEIDouglas Emmett, Inc. | 2.01% | 3.70% | +74.2% |
| Decrease | PSTLPostal Realty Trust, Inc. | 3.19% | 2.15% | −32.5% |
| Decrease | GNLGlobal Net Lease, Inc. | 4.24% | 3.29% | −13.5% |
| Increase | NXRTNexPoint Residential Trust, Inc. | 2.30% | 3.17% | +48.7% |
| Decrease | COLDAmericold Realty Trust, Inc. | 4.07% | 3.30% | −23.3% |
| Increase | AHRTAH Realty Trust, Inc. | 3.29% | 4.00% | +23.8% |
| Decrease | GTYGetty Realty Corp. | 3.09% | 2.40% | −12.9% |
Under the hood
fiscal year to Aug 31, 2025SEC census- Authorized participants
- 8 active of 41 with agreements; top 3 did 69%
- Created · redeemed
- $95M · $27M over the fiscal year
- Redemptions in kind
- 94% creations 96% in kind
- Creation unit
- 10,000 shares
- Securities lending
- 17.12% of assets on loan on average; earned 2.2 bp
- Return vs index
- -0.28 pts after fees; +0.03 before; daily s.d. 0.42
From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.
ETF Profile
holdings as of 2026-10-08
Holdings
31
AUM
$290.1M
Provider
Invesco
Inception
2010-12-02
Exchange
XNAS
Data As Of
2026-10-08
Expense Ratio
0.35%
Dividend Yield
9.03%
Distribution
Monthly
Recent distributions
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2026-09-21 | 2026-09-25 | $0.1199 | CD |
| 2026-08-24 | 2026-08-28 | $0.1199 | CD |
| 2026-07-20 | 2026-07-24 | $0.1200 | CD |
| 2026-06-22 | 2026-06-26 | $0.1200 | CD |
| 2026-05-18 | 2026-05-22 | $0.1225 | CD |
| 2026-04-20 | 2026-04-24 | $0.1250 | CD |
Asset Allocation
Top Holdings
top 30 of 31 holdings
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| IIPR | Innovative Industrial Properties Inc | 7.15% | Equity (US) | US |
| GOOD | Gladstone Commercial Corp | 5.13% | Equity (US) | US |
| CHCT | Community Healthcare Trust Inc | 4.72% | Equity (US) | US |
| MRP | Millrose Properties Inc | 4.41% | Equity (US) | US |
| NXRT | NexPoint Residential Trust Inc | 4.20% | Equity (US) | US |
| AHRT | AH Realty Trust Inc | 4.08% | Equity (US) | US |
| DEA | Easterly Government Properties Inc | 3.98% | Equity (US) | US |
| GLPI | Gaming and Leisure Properties Inc | 3.98% | Equity (US) | US |
| CTO | CTO Realty Growth Inc | 3.93% | Equity (US) | US |
| GNL | Global Net Lease Inc | 3.79% | Equity (US) | US |
| PK | Park Hotels & Resorts Inc | 3.79% | Equity (US) | US |
| HIW | Highwoods Properties Inc | 3.57% | Equity (US) | US |
| APLE | Apple Hospitality REIT Inc | 3.53% | Equity (US) | US |
| PINE | Alpine Income Property Trust Inc | 3.46% | Equity (US) | US |
| EPR | EPR Properties | 3.39% | Equity (US) | US |
| AAT | American Assets Trust Inc | 3.34% | Equity (US) | US |
| COLD | Americold Realty Trust Inc | 3.31% | Equity (US) | US |
| DEI | Douglas Emmett Inc | 3.29% | Equity (US) | US |
| RLJ | RLJ Lodging Trust | 3.20% | Equity (US) | US |
| DOC | Healthpeak Properties Inc | 2.99% | Equity (US) | US |
| GTY | Getty Realty Corp | 2.95% | Equity (US) | US |
| ARE | Alexandria Real Estate Equities Inc | 2.91% | Equity (US) | US |
| FCPT | Four Corners Property Trust Inc | 2.90% | Equity (US) | US |
| UMH | UMH Properties Inc | 2.88% | Equity (US) | US |
| XRN | Chiron Real Estate Inc | 2.83% | Equity (US) | US |
| PSTL | Postal Realty Trust Inc | 2.29% | Equity (US) | US |
| SLG | SL Green Realty Corp | 2.24% | Equity (US) | US |
| FVR | FrontView REIT Inc | 2.23% | Equity (US) | US |
| — | SECURITIES LENDING - BNYM | 0.00% | Cash/Money Market | — |
| USD | CASH & EQUIVALENTS | -0.48% | Other | US |
Non-Equity Breakdown
Invesco KBW Premium Yield Equity REIT ETF ·
NPORT-P period 2026-05-31
(filed 2026-07-28)
Net assets:
$290M
· 32 total positions
· equity 99.86%
· non-equity 25.90%
Non-equity holdings
— 2 positions,
25.90% of NAV
| Category | Weight | Value | Positions |
|---|---|---|---|
| Short-term investment | 25.90% | $75.1M | 2 |
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | 0.25% | -5.44% | 12.80% | -11.03% | -0.73% | 2.57% | -0.26% |
| Feb | 3.18% | -1.43% | -7.00% | -5.36% | 1.26% | 3.02% | -1.05% |
| Mar | 3.37% | 6.66% | -9.99% | 3.08% | -4.95% | -7.04% | -1.48% |
| Apr | 0.52% | -11.24% | -5.70% | -2.30% | -7.37% | 9.78% | -2.72% |
| May | -1.08% | 4.76% | -1.11% | 1.15% | 0.19% | 3.85% | 1.29% |
| Jun | -0.86% | -5.60% | 6.90% | 0.85% | 1.42% | 6.92% | 1.61% |
| Jul | 3.31% | 5.47% | 6.31% | 13.73% | -4.26% | -1.53% | 3.84% |
| Aug | 0.34% | -7.27% | -0.42% | 2.61% | 7.43% | -3.04% | -0.06% |
| Sep | -3.94% | -13.10% | -9.20% | 4.04% | -1.05% | -6.57% | -4.97% |
| Oct | 1.65% | 7.37% | -3.28% | -4.68% | -6.36% | -0.63%* | -0.99% |
| Nov | -5.02% | 3.07% | 10.13% | 1.78% | 3.99% | -- | 2.79% |
| Dec | 13.28% | -7.23% | 6.04% | -9.64% | -0.88% | -- | 0.31% |
| Total | 14.79% | -23.86% | 2.20% | -7.93% | -11.66% | 6.14% | -3.39% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- 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.
Momentum Oscillators
- 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.
Volume & Volatility
- 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
SMA 20: $16.83
SMA 50: $17.55
SMA 200: $17.02
Current: $16.38
EMA 12: $16.59
EMA 26: $16.95
MACD: -0.3653 | Signal: -0.0065
BEARISH
ADX (14): 52.56
STRONG TREND
+DI: 10.01
−DI: 36.36
Momentum Oscillators
RSI (14): 29.06
OVERSOLD
Stoch %K: 16.96
Stoch %D: 13.13
Williams %R: -78.07
Volume & Volatility
BB Upper: $17.60
BB Lower: $16.05
NEUTRAL
OBV: -1,954,265
Vol SMA 20: 267,350
Vol ROC: 24.67%
ATR: $0.23
True Range: $0.18
HV 20: 12.8%
HV 30: 11.7%
HV 60: 13.0%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-11T00:00:00 – 2026-10-09T00:00:00
AI Analysis
LLM Stock Analysis Report
Executive Summary
Overall Assessment: NEUTRAL (Confidence Level: 6/10)
Key Drivers: Neutral market sentiment, stable technical indicators, and moderate volatility.
Primary Risks: Potential for a minor correction if the options market's expected move is not realized, or if bearish news headlines continue to accumulate.
Investment Thesis: The stock has stabilized after a recent pullback, with neutral market sentiment and moderate volatility. While there are no clear catalysts driving the price higher, the technical indicators suggest a potential bounce in the short term.
Recent News Sentiment Impact: The positive news headline from Invesco KBW Premium Yield Equity REIT ETF (The Motley Fool, 2026-01-20) has contributed to the recent stability and may have influenced the options market's expected move.
Technical Analysis
Trend Direction:
- Short-term (1-4 weeks): Uptrend
- Medium-term (1-3 months): Neutral
- Long-term (3-12 months): Downtrend
Support/Resistance Levels:
- Upper: $19.30
- Middle: $18.59
- Lower: $17.88
Momentum Signals:
- RSI interpretation: 35.04 (neutral)
- MACD signal: Bullish momentum with a histogram of 0.03
- Bollinger Bands position: Oversold
Volume Analysis:
- Volume SMA 20: 154796.30
- On-Balance Volume (OBV): 689859.02
- Volume Rate of Change: 38.40%
News & Sentiment Analysis
Recent Headlines Summary:
The news headlines are mixed, with one positive article from The Motley Fool and two neutral articles from Seeking Alpha. However, the overall sentiment is neutral due to the lack of significant market-moving events.
Sentiment Assessment: Neutral
Catalyst Identification: No clear catalysts driving the price higher or lower in the near term.
Market Narrative: The recent stability can be attributed to the neutral market sentiment and moderate volatility.
Risk & Volatility Assessment
Risk Interpretation: Low risk due to the stable technical indicators, moderate volatility, and low historical volatility.
Volatility Regime: Current volatility is relatively high compared to historical levels.
Options Market Signals:
- IV rank: 89.7% (High)
- Put/call ratios: 0.40 (Bullish sentiment)
Downside Protection: The lower Bollinger Band provides some support, but the stock may be vulnerable to a minor correction if the options market's expected move is not realized.
Market Context & Positioning
Sector Performance:
The REIT sector has been trending higher in recent months, with KBWY slightly underperforming its peers.
Institutional Activity:
Volume patterns suggest institutional interest remains moderate.
Correlation Analysis:
KBWY has a low correlation coefficient of 0.32 with the broader market (SPY), indicating some independence from market trends.
Relative Valuation:
The stock is positioned within its trading range, with no clear catalysts driving the price higher or lower in the near term.
Key Levels & Action Items
Critical Price Levels:
- Support: $17.88
- Resistance: $19.30
Breakout/Breakdown Levels:
- Breakout level: No clear breakout levels due to the neutral trend direction and lack of catalysts.
Time-Sensitive Catalysts:
No significant earnings dates or product launches in the near term.
Risk Management:
Stop-loss levels should be set around the lower Bollinger Band ($17.88) to manage potential downside risk.
I hope this comprehensive analysis meets your requirements. Please note that I've maintained a neutral stance due to the lack of clear catalysts driving the price higher or lower, and the stable technical indicators suggesting some short-term stability.
Generated
News
All KBWY news →
The Motley FoolT3·8mo ago
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Showing 1–10 of 50
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KBWY Options Activity & IV Rank
KBWY IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 75.2%
7-DTE IV: 170.3%
Expected Move: $1.88
7-DTE Move: $2.25
Days to Exp: 42 (2026-11-20)
Options Flow
Call Volume: 215
Put Volume: 110
P/C Volume: 0.512
BULLISH
Call OI: 281
Put OI: 117
P/C OI: 0.416
Total OI: 398
ATM Options Pricing
ATM Call: $1.62
ATM Put: $0.25
Call %: 9.9%
Put %: 1.5%
Chain Summary
Chain Volume: 459
Chain OI: 599
Last Updated: 10/9/2026
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
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.
Stage 2 — Skew Adjustment (±25% cap)
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.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- 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.
Dealer Positioning
LOW γ vs HISTORY
Estimated net dealer gamma is at the 14th percentile of this name's own daily history, near the low end of its range. This describes current positioning; it is not a forecast or a trading signal.
Gamma percentile
14%
vs own history
GEX tilt
-0.45
OI-weighted, today
Vanna tilt
+1.00
δ-sensitivity to IV
Charm tilt
-1.00
δ-decay vs time
Vanna tilt +1.00: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt -1.00: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.
? What is this?
· 3 ATM contracts, 0k total OI
Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.
Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.
Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.
This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
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.
Risk Reversal
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.
Reading them together
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.
14 DTE / 10d
—
—
pts
EXTREME
as of Oct 9 · No data
30 DTE / 10d
—
—
pts
EXTREME
as of Oct 9 · No data
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
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.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)15.1LowOct 9
IV Rank (30 DTE)27.1MediumOct 9
Straddle Price (30 DTE)$1.88Oct 9
Beta Analysis
Risk Metrics
Beta: 0.3965
Alpha: 2.14%
Correlation: 0.3186
R-Squared: 10.2%
Stock Volatility: 16.2%
Market Volatility: 13.0%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Low volatility - stock moves less than market
Beta & Alpha Over Time
KBWY Institutional Ownership (13F)
Latest filings — 2026-09-30Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
1 filers$1.23M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Jane Street Group, LLC Custodian | $1.23M | 100.00% | 2026-06-30 |
| # | Filer | Notional Value | % of Total | Period |
|---|
Short Interest & Float
Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.
Metric definitions
- Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
- SI % of Float — short interest / free float. The key crowding metric.
- Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
- Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
- Free Float — shares available for public trading (total shares minus insider / restricted).
- Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
- SI % of Float < 5% — typical, no particular signal.
- 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
- 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
- >30% — extreme; borrow is likely expensive and squeeze risk is material.
- Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
- Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
- A sudden drop in SI after a rally may indicate a squeeze in progress.
Short interest is reported mid-month and end-of-month; short volume is daily.
Short Interest
124.48K
SI % of Float
0.69%
Days to Cover
1.00
Short Vol Ratio
41.8%
Free Float
—
Float %
—
Short interest 2026-09-30 • Short volume 2026-10-09
KBWY Constituent Performance
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KBWY Constituents (28 of 28)
| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
|---|---|---|---|---|---|---|
| IIPR | Innovative Industrial Properties Inc | 7.15% | $51.83 | -0.17% | +2.59% | -7.86% |
| GOOD | Gladstone Commercial Corp | 5.13% | $12.68 | -0.24% | -2.01% | -0.24% |
| CHCT | Community Healthcare Trust Inc | 4.72% | $13.61 | -0.51% | -0.07% | -6.84% |
| MRP | Millrose Properties Inc | 4.41% | $22.36 | -1.19% | -9.14% | -24.69% |
| NXRT | NexPoint Residential Trust Inc | 4.20% | $19.35 | -1.58% | +3.64% | -15.09% |
| AHRT | AH Realty Trust Inc | 4.08% | $6.04 | -0.17% | +0.17% | -4.43% |
| DEA | Easterly Government Properties Inc | 3.98% | $23.08 | -0.60% | -1.37% | -3.39% |
| GLPI | Gaming and Leisure Properties Inc | 3.98% | $38.28 | +0.05% | +1.59% | -4.87% |
| CTO | CTO Realty Growth Inc | 3.93% | $20.49 | -0.34% | -0.24% | -1.06% |
| GNL | Global Net Lease Inc | 3.79% | $7.75 | -2.64% | -6.06% | -14.36% |
| PK | Park Hotels & Resorts Inc | 3.79% | $15.17 | -0.26% | -2.32% | -0.72% |
| HIW | Highwoods Properties Inc | 3.57% | $29.04 | -0.48% | -2.12% | -6.11% |
| APLE | Apple Hospitality REIT Inc | 3.53% | $16.31 | +0.55% | -1.21% | +4.89% |
| PINE | Alpine Income Property Trust Inc | 3.46% | $17.92 | +0.22% | +1.36% | -2.13% |
| EPR | EPR Properties | 3.39% | $54.74 | +0.61% | -3.03% | -7.50% |
| AAT | American Assets Trust Inc | 3.34% | $21.52 | -0.42% | -0.14% | +0.09% |
| COLD | Americold Realty Trust Inc | 3.31% | $13.99 | +1.30% | +0.14% | -4.31% |
| DEI | Douglas Emmett Inc | 3.29% | $9.79 | -1.11% | -0.31% | -8.76% |
| RLJ | RLJ Lodging Trust | 3.20% | $11.21 | +0.09% | -0.09% | +3.03% |
| DOC | Healthpeak Properties Inc | 2.99% | $18.8 | +1.51% | -3.54% | -7.39% |
| GTY | Getty Realty Corp | 2.95% | $27.86 | -0.14% | -1.21% | -13.67% |
| ARE | Alexandria Real Estate Equities Inc | 2.91% | $45.51 | -0.20% | -3.93% | -11.01% |
| FCPT | Four Corners Property Trust Inc | 2.90% | $21.28 | +0.14% | -1.25% | -11.22% |
| UMH | UMH Properties Inc | 2.88% | $15.17 | +0.46% | -1.56% | -2.19% |
| XRN | Chiron Real Estate Inc | 2.83% | $33.59 | -1.50% | -1.23% | -6.67% |
| PSTL | Postal Realty Trust Inc | 2.29% | $22.76 | +1.56% | +0.31% | -1.90% |
| SLG | SL Green Realty Corp | 2.24% | $48.41 | -1.08% | -0.82% | -8.80% |
| FVR | FrontView REIT Inc | 2.23% | $16.6 | -0.36% | -0.48% | -10.17% |