Invesco KBW Property Casualty Insurance ETF
Find Ratings Reports- Last Ratings Update:02/29/2024
- Price as of 02/29/2024 :$102.11
- Net Assets:$0 Million
- NAV:$101.34
- Premium0.76%
- Peer Rank:32 of 559
- Investment Rating:A
- Performance:B+
- RiskB-
We rate Invesco KBW Prop and Casualty Ins at A. This overall rating indicates it is among the top 10% of all closed end funds in its peer group. Positive factors that influence this rating include a well above average total return, low price volatility, low expense structure and long term portfolio management tenure. The fund invests approximately 100% of its assets in stocks and may be considered for investors seeking a Growth - Domestic strategy.
Total return ranks very high in comparison with peers over the last three years. The Invesco KBW Prop and Casualty Ins has returned an annual rate of 13.54% since inception. More recently, the fund has generated a total return of 12.48% in the last five years, 13.99% in the last three years, and 14.43% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 86% of them. It has also outpaced 93% of its competitors on a three year basis and 65% of them over the last year for the period ending 2/29/2024. On a year to date basis, KBWP has returned 12.02%.
Downside risk has been below average. KBWP has a draw down risk of -15.52%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 17.3%. This fund has had moderate volatility in its monthly performance over the last 36 months.
Low expense ratio helps performance. As KBWP is an exchange traded fund, it has no front end or back end load.
The Invesco KBW Prop and Casualty Ins is managed by Michael C. Jeanette at Invesco Capital Management LLC. This fund is one of 201 Invesco Capital Management LLC exchange-traded funds launched since 3/10/1999 that we track.