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PWV vs KBWB

Invesco Dynamic Large Cap Value ETF vs Invesco KBW Bank ETF

PWV

Invesco Dynamic Large Cap Value ETF

Annual cost

0.55%

Fund size

$1.5B

KBWB

Invesco KBW Bank ETF

Annual cost

0.35%

Fund size

$5.5B

Key differences

  • KBWB costs 0.20% less per year.
  • KBWB is significantly larger than PWV — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, KBWB has delivered higher annualized returns.
  • PWV has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PWVKBWB
Annual cost (TER)0.55%0.35%
Fund size (AUM)$1.5B$5.5B
Since20052011
Dividend yield1.83%2.06%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+27.6%+37.1%
CAGR 3Y+20.9%+33.6%
CAGR 5Y+12.9%+8.1%
Sharpe 3Y1.261.19
Volatility 1Y9.41%20.09%
Max drawdown-37.67%-50.27%

Similar to PWV and KBWB