KBWY 주가 전망 및 ETF 분석 - 배당·운용보수·보유종목·NAV·RSI·MACD

KBWY

Invesco KBW Premium Yield Equity REIT ETF

7월 28일 4:00 PM ET (한국 7/29 05:00)

$18.80

+0.04 ▲ +0.23%

🌙 7월 28일 4:04 PM ET (한국 7/29 05:04)

$18.85

+0.00 +0.00%

KBWY ETF is analyzed across 10 metrics including expense ratio, holdings, sector allocation, dividends, RSI, and MACD.

Total Expense Ratio

0.35%

Annual operating cost

Net Assets (AUM)

$320M

약 4377억원

Holdings

32 items

Dividend Yield

7.94%

Management Style

Passive

Category ⓘ	US Equities - Dividend & Fundamental	Asset Type ⓘ	Equities (Stocks)	Return% 1Y ⓘ	27.98%	Total Holdings ⓘ	32	Perf Week ⓘ	-0.27%
ETF Type ⓘ	US Equities	Active/Passive ⓘ	Passive	Return% 3Y ⓘ	7.52%	AUM ⓘ	$320M	Perf Month ⓘ	2.79%
Expense ⓘ	0.35%	NAV ⓘ	$18.74	Return% 5Y ⓘ	3.51%	52W High ⓘ	-2.84%	Perf Quarter ⓘ	12.64%
Dividend TTM ⓘ	$1.49 (7.94%)	Div Gr. 3/5Y ⓘ	1.52% -6.75%	Return% 10Y ⓘ	1.11%	52W Low ⓘ	26.9%	Perf Half Y ⓘ	16.12%
Flows% 1M ⓘ	1.9%	Flows% YTD ⓘ	4.53%	Return% SI ⓘ	5.2%	Volatility(W/M) ⓘ	1.28% 1.35%	Perf YTD ⓘ	21.82%
SMA20 ⓘ	0.45%	SMA50 ⓘ	3.69%	SMA200 ⓘ	14.4%	RSI (14) ⓘ	56.59	Beta ⓘ	0.98
IPO ⓘ	2010/12/2	Prev Close ⓘ	$18.76	Perf Year ⓘ	18.8%	Avg Volume ⓘ	0.13M	Price ⓘ	$18.8

📊 Invesco KBW Premium Yield Equity REIT ETF (KBWY) Investment Analysis

ETF Overview

Invesco KBW Premium Yield Equity REIT ETF · US Equities - Dividend & Fundamental

리츠/부동산형 — 리츠(REIT) 등 부동산 자산 노출

2010년 상장, 16년 운영 중.

Invesco KBW Premium Yield Equity REIT ETF는 수수료 및 비용 차감 전 기준으로 KBW Nasdaq Premium Yield Equity REIT Index의 투자 결과를 추종하고자 합니다. 미국에 상장된 중소형 리츠(REITs) 중 배당 수익률이 높은 종목들로 구성된 지수에 자산의 최소 90%를 투자합니다.

📘 KBWY ETF 자세히 알아보기 →

U.S.equitydividendreal-estate

규모: $320M 약 4377억원
운용사: Invesco
운용 방식: 패시브 (지수 추종)
상장일: 2010년

Cost Efficiency

Annual Expense Ratio · Category Rank · Long-Term Cost Impact

Average expense ratio — 0.35% annually

Mid-range within the US Equities - Dividend & Fundamental category.

Effective Annual Expense Ratio (Net Expense Ratio)

평균권

0.35%

My positionMid-range

Low range Average High range

Actual Cost Simulation by Investment Amount

$100.0M

Annual Expense Ratio

$350K

Save $100K per year vs. category average

Category Median Annual Cost

$450K

Based on expense ratio of 0.45%

10-Year Cumulative Expense Ratio (Long-term simulation assuming 7% annual market growth)

$6.3M

6.6% of returns you could have earned goes to the fund manager due to fees

💡 Because the expense ratio takes a slice of your assets every year, costs compound over 10 years and result in far greater losses than a simple sum (annual fee × 10). The 7% annual return assumption is based on the S&P 500's long-term average.

Defaults shown against $100K baseline portfolio. Adjust the slider to update the amount in real time.

Cheaper alternatives in the same category

VIG

Vanguard Dividend Appreciation FTF

0.04%

-0.31%p annually

VYM

Vanguard High Dividend Yield Indx ETF

0.04%

-0.31%p annually

DIVB

iShares Core Dividend ETF

0.05%

-0.30%p annually

* A lower fee does not necessarily mean a better ETF. Consider the tracked index, liquidity, and tax treatment as well.

Long-Term Performance

1-year · 3-year · 5-year · 10-year returns · vs. benchmark · drawdown defense

Lower-tier returns in its category

Long-term returns trail the category average by a wide margin.+10.2%p vs. benchmark (SPY) over 1Y.

ℹ️ The "1Y·3Y·5Y·10Y" periods below represent annualized returns (CAGR) measured backward from today. Example: "3Y +12%" means the investment grew at a compounded 12% per year over the past three years.

If you had invested 10 year(s) ago

$100.0M

Today's value

$111.7M

→

Total gain

+$11.7M

Annualized +1.1%

ℹ️ How to read the return breakdown bar

Each period bar shows the share of this ETF's returns by source.

Price gains Price decline Dividends received

Mostly blue (80%+): Growth-style — price gains drive most returns
Mostly orange (70%+): Income-style — dividends drive most returns (watch out for after-tax drag)
Red + orange: Stagnant or declining price — dividends offset losses (common in covered-call and high-dividend funds)

1 Year

2025.07 ~ 2026.07

Annualized +27.98%

상위 25%

Price +18.80% + Dividend +9.18% = Total +27.98%/yr

Outperformed the benchmark by 10.2%p annually

My positionTop 25%

Low range Average High range

3 Years

2023.07 ~ 2026.07

Annualized +7.52% Cumulative +24.3%

하위 5%

Price -0.65% + Dividend +8.17% = Total +7.52%/yr

Trailed the benchmark by 11.5%p annually

My positionBottom 5%

Low range Average High range

5 Years

2021.07 ~ 2026.07

Annualized +3.51% Cumulative +18.8%

하위 5%

Price -4.74% + Dividend +8.25% = Total +3.51%/yr

Trailed the benchmark by 9.4%p annually

My positionBottom 5%

Low range Average High range

10Y

2016.07 ~ 2026.07

Annualized +1.11% Cumulative +11.7%

하위 5%

Price -6.61% + Dividend +7.72% = Total +1.11%/yr

Trailed the benchmark by 13.8%p annually

My positionBottom 5%

Low range Average High range

10Y Cumulative Total Return Curve

2016-07-28 start, based on a 100M KRW base — read the curve values directly as units of 100M KRW (e.g., 308 → 3.08억 / 308M KRW). Both this ETF and the benchmark are rebased to 100 on the same start date for comparison.

KBWY · Price Only KBWY · Price + Cumulative Dividends KBWY · Dividend Reinvested S&P 500 (SPY)

150

300

450

ℹ️ Price Only: Excludes dividends and tracks pure stock price only. Covered-call and high-dividend ETFs often show a flat or declining line on this view, which is meaningful from a "principal preservation" standpoint. Price + Cumulative Dividend: Share count stays the same and received dividends are accumulated as cash. Closely matches your actual account total assets. Reinvested: Dividends are immediately used to buy additional shares (adjClose-based, the industry standard for total return). The wider the gap between the three lines, the easier it is to gauge the effectiveness of the dividend strategy.

Annual Return Comparison

ETF returns vs S&P 500 (SPY) by calendar year

KBWY S&P 500 (SPY)

+40%

−40%

-0%

2017

-19%

2018

+21%

2019

-25%

2020

+34%

2021

-20%

2022

+12%

2023

-4%

2024

-4%

2025

+25%

2026 YTD

ℹ️ Returns from January 1 to December 31 of each year. The current year (2026) column is dimmed to indicate YTD (incomplete). If blue is higher than gray, the ETF outperformed the benchmark in that year.

Win rate vs S&P 500 (SPY)

1 / 9Y

Lags behind benchmark (11%)

+ 2026 YTD: Ahead (24.5% vs 8.5%)

2017 ✗

2018 ✗

2019 ✗

2020 ✗

2021 ✓

2022 ✗

2023 ✗

2024 ✗

2025 ✗

2026 ✓ YTD

ℹ️ Number of winning years versus S&P 500 (SPY) within a completed calendar year (1/1–12/31). The current year (YTD) is reported separately.

Downside Capture

🛡️ 76%

Falls less than the benchmark in drawdowns — strong downside protection

<85% (Defend) 85~110% (Track) >110% (Lag)

ℹ️ Average % drop of this ETF when S&P 500 (SPY) is −1%. Based on daily returns over the past 3 years (only days where the benchmark is negative).

Risk Profile

Volatility · Beta · Max Drawdown · Sharpe · Drawdown Recovery History

Overall Risk Grade

Moderate Risk

Volatility is around market average. Be prepared for losses of roughly -30% to -40% in major downturns.

Beta (market sensitivity)

평균권

0.98

If the market rises +10% +9.8%

If the market falls -10% -9.8%

My positionMid-range

Low range Average High range

ℹ️ A beta of 1.0 moves in line with the market. Above 1 means it moves more than the market; below 1 means less.

Average daily range (last 1 month)

하위 25%

±1.35%

S&P 500 typically ±1.0~1.3% · Bond funds ±0.3% · Leveraged ETFs ±3% or more

Annual volatility trend (past 10 years)

ℹ️ This ETF's average daily price swing. 1% means "on average, moves about ±1% per day." The rolling curve below shows the annualized volatility (long-term standard measure) over time.

Max Drawdown · Past 10 years

-57.7%

Drawdown duration: 21 months

2018-07-06 → 2020-03-18

Still recovering

2015-07-31 Worst -53% 2026-07-01

ℹ️ Maximum drawdown is the largest peak-to-trough decline in the past. It represents the worst-case loss a long-term investor must psychologically endure.

Sharpe Ratio (Risk-Adjusted Return)

-0.01

Poor — Underperforms the risk-free rate

ℹ️ Annualized return minus the risk-free rate (3% annualized), divided by annualized volatility. A value above 1.0 is generally considered good risk-adjusted performance.

Estimated Monthly Maximum Loss (VaR 95%)

-9.9%

Historically, monthly losses exceeding this figure occurred only5%of the time.

ℹ️ A statistical estimate meaning "with 95% probability, monthly losses will not exceed this amount." The remaining 5% corresponds to crisis-level events such as financial crises or pandemics.

Dividend Analysis

Yield · Dividend history · After-tax income calculator

Dividend-paying ETF — 7.94% annually

An ETF that provides consistent dividend income.5-year dividend growth rate: -6.8%.

ℹ️ REIT ETF distributions are based on rental cash flow, making them sensitive to the economic cycle.

배당수익률

7.94%

주당 배당

$1.49

연간 기준

5년 성장률

-6.8%

지급 주기

불규칙

1월 · 2월 · 3월 · 4월 · 8월 · 9월 · 10월 · 11월 · 12월

📊 총 이력 2011~2026 (185건)

연도별 배당 총액 추이

주당 배당금을 연 단위로 합산한 금액입니다. 막대가 우상향이면 매년 배당이 늘어나고 있다는 뜻입니다.

$2.47 +41.4%

2016

$2.57 +4.1%

2017

$2.33 -9.3%

2018

$1.93 -17.0%

2019

$2.14 +10.9%

2020

$1.30 -39.4%

2021

$1.44 +11.2%

2022

$1.59 +10.4%

2023

$1.56 -1.9%

2024

$1.51 -3.4%

2025

$X.XX 그 해 총 배당금 +X% 전년 대비 증가 -X% 감소

최근 배당 이력 총 185건

아래로 스크롤하면 과거 배당 이력을 볼 수 있습니다.

배당락일

주당 금액

지급일

당시 수익률

2026-04-20

$0.125

—

9.68%

2026-03-23

$0.125

—

10.59%

2026-02-23

$0.125

—

10.09%

2026-01-20

$0.125

—

10.11%

2025-12-22

$0.125

—

10.70%

2025-11-24

$0.126

—

9.86%

2025-10-20

$0.126

—

10.60%

2025-09-22

$0.126

—

10.17%

2025-08-18

$0.126

—

10.71%

2025-07-21

$0.126

—

10.53%

2025-06-23

$0.126

—

10.47%

2025-05-19

$0.126

—

10.51%

2025-04-21

$0.126

—

11.01%

2025-03-24

$0.126

—

9.16%

2025-02-24

$0.126

—

9.06%

2025-01-21

$0.126

—

9.47%

2024-12-23

$0.126

—

8.74%

2024-11-18

$0.126

—

8.77%

2024-10-21

$0.127

—

8.26%

2024-09-23

$0.130

—

7.36%

2024-08-19

$0.132

—

8.49%

2024-07-22

$0.132

—

8.51%

2024-06-24

$0.132

—

8.81%

2024-05-20

$0.132

—

9.50%

2024-04-22

$0.132

—

9.98%

2024-03-18

$0.132

—

9.94%

2024-02-20

$0.132

—

9.83%

2024-01-22

$0.131

—

9.23%

2023-12-18

$0.131

—

8.75%

2023-11-20

$0.128

—

9.52%

2023-10-23

$0.128

—

10.52%

2023-09-18

$0.125

—

9.16%

2023-08-21

$0.120

—

9.63%

2023-07-24

$0.118

—

8.23%

2023-06-20

$0.140

—

9.77%

2023-05-22

$0.149

—

10.35%

2023-04-24

$0.147

—

9.18%

2023-03-20

$0.139

—

9.21%

2023-02-21

$0.137

—

7.60%

2023-01-23

$0.132

—

7.43%

2022-12-19

$0.121

—

7.89%

2022-11-21

$0.124

—

7.37%

2022-10-24

$0.130

—

7.26%

2022-09-19

$0.125

—

6.82%

2022-08-22

$0.139

—

6.31%

2022-07-18

$0.135

—

6.31%

2022-06-21

$0.132

—

6.41%

2022-05-23

$0.112

—

5.99%

2022-04-18

$0.110

—

5.58%

2022-03-21

$0.107

—

5.54%

2022-02-22

$0.105

—

5.70%

2022-01-24

$0.104

—

5.25%

2021-12-20

$0.103

—

5.97%

2021-11-22

$0.102

—

6.06%

2021-10-18

$0.101

—

6.16%

2021-09-20

$0.099

—

6.56%

2021-08-23

$0.098

—

6.99%

2021-07-19

$0.099

—

7.62%

2021-06-21

$0.103

—

8.02%

2021-05-24

$0.108

—

7.70%

2021-04-19

$0.113

—

9.06%

2021-03-22

$0.120

—

9.50%

2021-02-22

$0.124

—

10.15%

2021-01-19

$0.129

—

10.81%

2020-12-21

$0.140

—

11.34%

2020-11-23

$0.126

—

10.67%

2020-10-19

$0.134

—

14.00%

2020-09-21

$0.141

—

14.12%

2020-08-24

$0.210

—

12.05%

2020-07-20

$0.209

—

13.20%

2020-06-22

$0.205

—

12.01%

2020-05-18

$0.202

—

13.18%

2020-04-20

$0.199

—

13.74%

2020-03-23

$0.196

—

14.06%

2020-02-24

$0.193

—

6.36%

2020-01-21

$0.188

—

6.84%

2019-12-23

$0.183

—

6.84%

2019-11-18

$0.181

—

6.68%

2019-10-21

$0.168

—

6.66%

2019-09-23

$0.150

—

6.68%

2019-08-19

$0.147

—

7.19%

2019-07-22

$0.149

—

7.58%

2019-06-24

$0.150

—

6.81%

2019-05-20

$0.151

—

7.42%

2019-04-22

$0.156

—

7.90%

2019-03-18

$0.161

—

8.10%

2019-02-19

$0.165

—

7.76%

2019-01-22

$0.171

—

8.15%

2018-12-24

$0.174

—

8.92%

2018-11-19

$0.173

—

8.41%

2018-10-22

$0.178

—

8.47%

2018-09-24

$0.130

—

7.40%

2018-08-20

$0.210

—

7.22%

2018-07-23

$0.215

—

7.28%

2018-06-18

$0.182

—

7.48%

2018-05-21

$0.178

—

7.92%

2018-04-23

$0.226

—

8.55%

2018-03-19

$0.220

—

8.44%

2018-02-20

$0.220

—

8.40%

2018-01-22

$0.222

—

7.52%

2017-12-18

$0.213

—

7.11%

2017-11-20

$0.226

—

7.13%

2017-10-23

$0.230

—

6.91%

2017-09-18

$0.224

—

7.09%

2017-08-15

$0.215

—

7.79%

2017-07-14

$0.217

—

7.59%

2017-06-15

$0.203

—

7.43%

2017-05-15

$0.201

—

7.18%

2017-04-13

$0.229

—

7.28%

2017-03-15

$0.192

—

7.49%

2017-02-15

$0.204

—

6.69%

2017-01-13

$0.213

—

7.14%

2016-12-15

$0.225

—

6.79%

2016-11-15

$0.226

—

6.84%

2016-10-14

$0.278

—

7.25%

2016-09-15

$0.222

—

6.24%

2016-08-15

$0.212

—

5.56%

2016-07-15

$0.207

—

5.59%

2016-06-15

$0.196

—

5.89%

2016-05-13

$0.193

—

6.21%

2016-04-15

$0.190

—

5.73%

2016-03-15

$0.176

—

6.02%

2016-02-12

$0.180

—

7.25%

2016-01-15

$0.160

—

6.82%

2015-12-15

$0.153

—

6.17%

2015-11-13

$0.153

—

6.26%

2015-10-15

$0.162

—

5.92%

2015-09-15

$0.145

—

6.25%

2015-08-14

$0.141

—

5.70%

2015-07-15

$0.142

—

5.57%

2015-06-15

$0.137

—

5.23%

2015-05-15

$0.142

—

5.36%

2015-04-15

$0.145

—

5.12%

2015-03-13

$0.143

—

5.09%

2015-02-13

$0.142

—

4.84%

2015-01-15

$0.138

—

4.72%

2014-12-15

$0.134

—

4.73%

2014-11-14

$0.137

—

5.08%

2014-10-15

$0.138

—

5.24%

2014-09-15

$0.138

—

4.88%

2014-08-15

$0.132

—

4.95%

2014-07-15

$0.131

—

4.85%

2014-06-13

$0.133

—

4.91%

2014-05-15

$0.134

—

4.93%

2014-04-15

$0.136

—

5.05%

2014-03-14

$0.133

—

5.07%

2014-02-14

$0.127

—

5.08%

2014-01-15

$0.125

—

5.22%

2013-12-13

$0.123

—

5.44%

2013-11-15

$0.116

—

5.14%

2013-10-15

$0.113

—

5.23%

2013-09-13

$0.108

—

5.38%

2013-08-15

$0.114

—

5.28%

2013-07-15

$0.121

—

4.50%

2013-06-14

$0.122

—

4.90%

2013-05-15

$0.113

—

4.32%

2013-04-15

$0.135

—

4.35%

2013-03-15

$0.130

—

4.85%

2013-02-15

$0.116

—

4.60%

2013-01-15

$0.130

—

4.91%

2012-12-14

$0.129

—

5.58%

2012-11-15

$0.125

—

5.36%

2012-10-15

$0.130

—

4.95%

2012-09-14

$0.122

—

5.26%

2012-08-15

$0.100

—

5.10%

2012-07-13

$0.100

—

5.59%

2012-06-15

$0.102

—

5.53%

2012-05-15

$0.104

—

5.56%

2012-04-13

$0.134

—

6.13%

2012-03-15

$0.125

—

5.48%

2012-02-15

$0.126

—

5.90%

2012-01-13

$0.126

—

6.26%

2011-12-15

$0.087

—

6.95%

2011-11-15

$0.109

—

6.42%

2011-10-14

$0.114

—

6.15%

2011-09-15

$0.118

—

5.42%

2011-08-15

$0.117

—

4.84%

2011-07-15

$0.126

—

3.77%

2011-06-15

$0.112

—

3.46%

2011-05-13

$0.119

—

2.84%

2011-04-15

$0.115

—

2.38%

2011-03-15

$0.122

—

2.03%

2011-02-15

$0.106

—

1.50%

2011-01-14

$0.121

—

1.12%

2011-01-04

$0.164

—

0.64%

* "배당락일"은 배당받으려면 이 날 이전에 주식을 보유해야 하는 기준일입니다. 지급일·당시 수익률은 일부 종목에서 데이터가 없을 수 있습니다.

💰 내가 $100K 투자한다면

연간 배당금 (세후) $7K

5년 누적 (세후) $29K

* 환율 1 가정, 배당소득세 15% 반영. 5년 누적은 배당 성장률 연 -6.75% 가정.

* Qualified dividend middle-bracket approximation. Actual rate varies by total income.

Overall investment appeal

What this ETF fits best — strengths, weaknesses, and target investor profile

Warrants a closer look Several metrics show warning signs. Compare it with similar ETFs before deciding.

🎯 목적별 적합도

내가 이 ETF를 어떤 목적으로 활용할 수 있는지 확인하세요.

🌳

장기 보유

수년 이상 꾸준히 모아갈 때

낮음

💵

배당 인컴

매월·분기 현금흐름이 목적일 때

매우 적합

⚡

단기 트레이딩

며칠~몇 주 단기 방향성 매매

낮음

🧩

포트폴리오 보조

자산 배분·헤지 용도

적합

👤

이런 분에게 어울려요

Real estate dividend income investors

✅ 강점

뚜렷한 강점이 드러나지 않아요.

⚠️ 약점·주의사항

📈Long-term returns are well below peers
⚠️Volatility is above average
🎯Trails benchmark by -9.4%p annually

Portfolio Composition

What's actually inside — sector weights and top holdings

부동산 리츠 포트폴리오

임대료 기반 현금흐름을 가진 부동산 기업들로 구성됐어요.

ℹ️ 왜 구성을 봐야 하나요?

ETF의 실제 성과는 담고 있는 종목과 섹터에서 나와요. 이름이 "S&P 500"이라도 기술주 비중이 유난히 높을 수 있고, "배당주 ETF"라도 몇몇 대형주에 쏠려 있을 수 있어요. 라벨보다 실제 구성을 확인하는 게 중요해요.

🔬 집중도 한눈에 보기

총 보유종목

32개

상위 10개 비중

60.7%

최대 단일 종목

17.59%

집중도(HHI)

715

보통

⚠️ 소수 종목·섹터에 집중되어 있어, 해당 종목/섹터가 흔들리면 ETF 전체가 크게 영향을 받아요.

🥧 섹터 비중

Real Estate

83.0%

📋 상위 보유 종목 Top 10 Top 10이 전체의 60.7% 차지

티커 옆의 점 색상 = 섹터 구분 (섹터 차트와 동일 색상)

#1 - Invesco Private Prime Fund

17.59%

#2 - Invesco Private Government Fund

6.61%

IIPR Innovative Industrial Properties, Inc.

6.50%

CHCT Community Healthcare Trust Inc.

5.44%

GOOD Gladstone Commercial Corp.

4.68%

GNL Global Net Lease, Inc.

4.24%

COLD Americold Realty Trust, Inc.

4.07%

ARE Alexandria Real Estate Equities, Inc.

3.93%

PK Park Hotels & Resorts Inc.

3.87%

#10

MRP Millrose Properties, Inc.

3.73%

Leveraged & Covered Call ETFs on the Same Theme

ETFs that approach the same theme with a different strategy

10 ETFs tracking the same theme as KBWY using leveraged or covered call strategies (Leverage 3 · Covered Call 7)

Not direct derivatives of KBWY, but ETFs that cover the same theme via a different strategy.

ℹ️ Which ETFs are included?

Among ETFs whose theme (category or sector) overlaps with KBWY, some use special strategies. Leveraged ETFs aim for 2–3× the daily move, Inverse ETFs seek opposite-direction returns, and Covered Call ETFs generate monthly income from option premiums.

⚠️ Caution: Long-Term Holding

Leveraged and inverse ETFs track only the daily return. With high volatility, holding them for longer periods causes cumulative volatility decay—returns diverge further from the underlying index. They are meant for short-term trading.

📈 Leverage 3 ETFs that amplify the same theme by 2-3x (high volatility)