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KBWB vs KAUG

Invesco KBW Bank ETF vs Innovator U.S. Small Cap Power Buffer ETF - August

KBWB

Invesco KBW Bank ETF

Invesco

Annual cost

0.35%

Fund size

$5.5B

KAUG

Innovator U.S. Small Cap Power Buffer ETF - August

Innovator ETFs

Annual cost

0.79%

Fund size

$80M

Key differences

  • KBWB costs 0.44% less per year.
  • KBWB is significantly larger than KAUG — larger funds tend to be more liquid and less likely to close.
  • KBWB is classified as equity, while KAUG is alternative — different risk/return profiles.
  • KBWB follows a index tracking strategy; KAUG uses structured outcome.
  • KBWB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

KBWBKAUG
Annual cost (TER)0.35%0.79%
Fund size (AUM)$5.5B$80M
Since20112024
Dividend yield2.06%0.00%
Asset classequityalternative
Regionnorth americanorth america
Strategyindex trackingstructured outcome
CAGR 1Y+37.1%+17.0%
CAGR 3Y+33.6%N/A
CAGR 5Y+8.1%N/A
Sharpe 3Y1.19N/A
Volatility 1Y20.09%8.09%
Max drawdown-50.27%-15.66%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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