Invesco KBW Property & Casualty Insurance ETF
KBWP - ETF AI Analysis
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Invesco KBW Property & Casualty Insurance ETF (KBWP)
KBWP’s rating suggests it is a generally solid ETF focused on property and casualty insurance companies, supported by strong core holdings like Chubb and Travelers, which show robust financial performance, positive earnings commentary, and appealing valuations. However, some holdings such as Everest Group and Aon face issues like weaker profitability, bearish technical trends, or higher leverage, which weigh on the fund’s overall rating, and investors should also note the concentration risk in a single industry sector.
KBWP vs. SPDR S&P 500 ETF (SPY)
- AUM
- 334.59M
- Region
- North America
- Expense Ratio
- 0.35%
- Beta
- 0.29
- Issuer
- Invesco
- Inception Date
- Dec 02, 2010
- Dividend Yield
- 1.72%
- Asset Class
- Equity
- Index Tracked
- KBW Nasdaq Property & Casualty Total Return Index
KBWP Summary
KBWP is an ETF that follows the KBW Nasdaq Property & Casualty Index, focusing on U.S. insurance companies that cover things like car accidents, home damage, and business liability. It holds well-known names such as Travelers Companies and Chubb, giving investors a simple way to invest in a key part of the financial sector without picking individual stocks. Someone might consider KBWP for diversification and exposure to a relatively steady, income-generating industry. However, this ETF can go up and down with the broader stock market and is heavily concentrated in insurance stocks.
How much will it cost me?
KBWP has an annual expense ratio of 0.35%, which means you’ll pay about $3.50 per year for every $1,000 invested. This cost is a bit higher than the average broad-market index ETF because KBWP is a more specialized, sector-focused fund that targets property and casualty insurance companies.
What would affect this ETF?
KBWP focuses on major U.S. property and casualty insurers like Travelers, Chubb, and Progressive, so it can benefit if the U.S. economy stays steady, insurance demand grows, and companies are able to raise premiums and manage claims well. On the negative side, higher interest rates, stricter insurance regulations, or large losses from natural disasters and accidents could hurt profits for these insurers and weigh on the ETF’s future performance.
KBWP Top 10 Holdings
KBWP is essentially a pure play on U.S. property and casualty insurance, with performance driven by a tight cluster of heavyweight names. Travelers and Chubb have been steadily rising, giving the fund a solid backbone, while Progressive’s more mixed showing has kept returns from really breaking away. Marsh & McLennan and Aon add a broker and consulting tilt; Marsh is climbing, but Aon has been lagging after a weaker stretch. With nearly all exposure in U.S. financials, this ETF lives and dies by the insurance cycle rather than broader market trends.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
 TRV | Travelers Companies | 8.11% | $27.16M | $82.14B | 40.91% | 78Outperform |
 MRSH | Marsh & McLennan Companies | 8.12% | $27.20M | $98.40B | 12.53% | 71Outperform |
 CB | Chubb | 8.13% | $27.21M | $141.03B | 26.05% | 80Outperform |
 PGR | Progressive | 7.96% | $26.64M | $134.27B | 6.14% | 78Outperform |
 AON | Aon | 7.78% | $26.04M | $71.36B | -4.77% | 66Neutral |
 WRB | W. R. Berkley Corporation | 4.22% | $14.12M | $28.54B | 0.65% | 73Outperform |
 ACGL | Arch Capital Group | 4.14% | $13.85M | $35.53B | 19.02% | 79Outperform |
 CINF | Cincinnati Financial | 4.15% | $13.90M | $29.15B | 14.03% | 76Outperform |
 AJG | Arthur J Gallagher & Co | 4.00% | $13.38M | $72.47B | 8.37% | 69Neutral |
 EG | Everest Group | 3.99% | $13.34M | $15.64B | 29.94% | 64Neutral |
KBWP Technical Analysis
Price Trends
Market Momentum
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 142.35 is above the 20-day moving average (MA) of 137.86, above the 50-day MA of 131.59, and above the 200-day MA of 125.96, indicating a bullish trend. The MACD of 3.26 indicates Negative momentum. The RSI at 65.32 is Neutral, neither overbought nor oversold. The STOCH value of 51.71 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
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| KBWP | $142.36 | $156.00(9.59% Upside) | $334.59M | 0.35% | 73Outperform |
 IAT | $60.29 | $69.00(14.44% Upside) | $645.06M | 0.37% | 74Outperform |
 KIE | $65.28 | $70.75(8.38% Upside) | $562.75M | 0.35% | 71Outperform |
 IAK | $152.49 | $157.57(3.33% Upside) | $502.56M | 0.37% | 74Outperform |
 REM | $16.20 | $21.55(33.01% Upside) | $433.30M | 0.48% | 62Neutral |
 KCE | $159.42 | $189.16(18.65% Upside) | $455.15M | 0.35% | 66Neutral |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| KBWP | Invesco KBW Property & Casualty Insurance ETF | 142.35 | 21.11 | 17.41% | |
| IAT | iShares U.S. Regional Banks ETF | 60.29 | 11.46 | 23.48% | |
| KIE | SPDR S&P Insurance ETF | 65.28 | 7.23 | 12.46% | |
| IAK | iShares U.S. Insurance ETF | 152.49 | 22.36 | 17.18% | |
| REM | iShares Mortgage Real Estate ETF | 16.20 | -3.89 | -19.35% | |
| KCE | SPDR S&P Capital Markets ETF | 159.42 | 17.41 | 12.26% |
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.