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KBWP - ETF AI Analysis
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Invesco KBW Property & Casualty Insurance ETF (KBWP)
Rating:73Outperform
Price Target:―
Positive Factors
Strong Top Holdings
Several key holdings, such as Travelers Companies and Cincinnati Financial, have delivered strong year-to-date performance, supporting the fund’s overall returns.
Focused Sector Exposure
The ETF specializes in the financial sector, particularly property and casualty insurance, providing targeted exposure to a stable industry.
Reasonable Expense Ratio
The fund’s expense ratio of 0.35% is relatively low, making it cost-effective for investors compared to actively managed funds.
Negative Factors
Sector Concentration Risk
With nearly all assets in the financial sector, the ETF is highly sensitive to industry-specific risks like regulatory changes or economic downturns.
Underperforming Holdings
Some top holdings, such as Progressive and Selective Insurance Group, have lagged year-to-date, which could drag on overall performance.
Limited Geographic Diversification
The ETF is almost entirely focused on U.S. companies, offering little exposure to international markets for diversification.
KBWP vs. SPDR S&P 500 ETF (SPY)
AUM409.20M
RegionNorth America
Expense Ratio0.35%
Beta0.38
IssuerInvesco
Inception DateDec 02, 2010
Dividend Yield1.74%
Asset ClassEquity
Index TrackedKBW Nasdaq Property & Casualty Total Return Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume10,673
30 Day Avg. Volume25,799
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
136.14Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering26
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
KBWP Summary
The Invesco KBW Property & Casualty Insurance ETF (KBWP) is an investment fund that focuses on companies in the property and casualty insurance industry. It tracks the KBW Nasdaq Property & Casualty Index, which includes insurers like Travelers Companies and Chubb. These companies help protect people and businesses from losses caused by accidents, natural disasters, and other risks. Investors might consider KBWP for its potential stability and growth, as insurance companies often have steady income and perform well in various economic conditions. However, this ETF is heavily tied to the financial sector, so its value can fluctuate with changes in the broader economy.
How much will it cost me?The Invesco KBW Property & Casualty Insurance ETF (KBWP) has an expense ratio of 0.35%, which means you’ll pay $3.50 per year for every $1,000 invested. This cost is slightly higher than average for ETFs because it is a sector-specific fund that requires more active management to track the niche property and casualty insurance industry.
What would affect this ETF?The KBWP ETF, focused on U.S. property and casualty insurance companies, could benefit from stable premium income and increased demand for insurance due to rising risks like natural disasters or legal liabilities. However, it may face challenges from regulatory changes, economic downturns that impact underwriting profitability, or interest rate hikes that affect investment returns for insurers. Its reliance on the financial sector and top holdings like Travelers and Chubb makes it sensitive to broader sector trends and economic conditions.
KBWP Top 10 Holdings
The KBWP ETF is firmly rooted in the property and casualty insurance sector, with top holdings like Chubb, Travelers, and Allstate driving steady performance thanks to their strong financial health and strategic growth initiatives. Mercury General stands out as a rising star, showing bullish momentum and robust gains, while Progressive and AIG are lagging, weighed down by mixed financial results and bearish technical signals. With nearly all exposure concentrated in U.S.-based insurers, this fund offers a focused play on a resilient industry, though its reliance on a few key names makes it sensitive to sector-specific challenges.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Chubb | 8.46% | $34.89M | $117.24B | 2.60% | 80 Outperform | |
| Travelers Companies | 8.45% | $34.86M | $65.70B | 10.45% | 78 Outperform | |
| Allstate | 8.17% | $33.70M | $55.97B | 2.72% | 83 Outperform | |
| American International Group | 7.21% | $29.73M | $41.03B | -1.42% | 59 Neutral | |
| Progressive | 7.16% | $29.54M | $134.37B | -14.13% | 74 Outperform | |
| Mercury General | 4.35% | $17.96M | $5.17B | 18.40% | 69 Neutral | |
| Cincinnati Financial | 4.28% | $17.67M | $26.29B | 5.19% | 81 Outperform | |
| W. R. Berkley Corporation | 4.25% | $17.52M | $29.50B | 19.56% | 79 Outperform | |
| Renaissancere Holdings | 4.21% | $17.36M | $12.03B | -8.59% | 78 Outperform | |
| Hanover Insurance | 4.18% | $17.23M | $6.61B | 13.10% | 77 Outperform |
KBWP Technical Analysis
Positive
―
Price Trends
121.15
Positive
120.25
Positive
119.85
Positive
Market Momentum
1.16
Negative
64.01
Neutral
74.10
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For KBWP, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 121.35, equal to the 50-day MA of 121.15, and equal to the 200-day MA of 119.85, indicating a bullish trend. The MACD of 1.16 indicates Negative momentum. The RSI at 64.01 is Neutral, neither overbought nor oversold. The STOCH value of 74.10 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for KBWP.
KBWP Peer Comparison
Comparison Results
Performance Comparison
KBWP
Invesco KBW Property & Casualty Insurance ETF
124.90
0.81
0.65%
KIE
SPDR S&P Insurance ETF
―
―
―
REM
iShares Mortgage Real Estate ETF
―
―
―
IAT
iShares U.S. Regional Banks ETF
―
―
―
KCE
SPDR S&P Capital Markets ETF
―
―
―
IAK
iShares U.S. Insurance ETF
―
―
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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