KBWY - KBWY: High-Yield REIT Index ETF Strong 8.6% Yield Excessively Risky Holdings
2024-01-22 12:38:16 ET
Summary
- KBWY is a high-yield REIT index ETF.
- It offers investors a strong 8.6% yield, and could outperform as interest rates go down.
- It is also an incredibly risky, volatile investment.
I last covered the Invesco KBW Premium Yield Equity REIT ETF ( KBWY ), an index ETF investing in high-yield small-cap U.S. REITs, in late 2021. In that article, I argued that KBWY's undiversified small-cap holdings were excessively risky, making the fund a sell. Since then, KBWY has underperformed in the S&P 500, due to unfavorable conditions in the real estate industry and several underperforming investments....
KBWY: High-Yield REIT Index ETF, Strong 8.6% Yield, Excessively Risky Holdings