KBWP vs BSMQ

Comparison between INVESCO KBW PROPERTY & CASUALTY INSURANCE ETF (KBWP, ETF) and INVESCO BULLETSHARES 2026 MUNICIPAL BOND ETF (BSMQ, ETF).

5-Year PerformanceKBWP has outperformed BSMQ, delivering a return of +13.3% compared to +0.3%

KBWP vs BSMQ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	KBWP(ETF)	BSMQ(ETF)
Net Assets	$273M	$271M
Expense Ratio	0.35%	0.18%
Max Drawdown	40.31%	13.32%
Sharpe Ratio	0.61	-0.83
5Y Beta	0.30	0.01
P/E Ratio	10.86	N/A
Forward P/E	12.23	N/A
PEG Ratio	0.18	N/A
5Y Dividends CAGR	9.21%	12.87%
5Y EPS CAGR	17.99%	N/A
Debt to Equity	39.79%	N/A
P/S Ratio	1.61	N/A
P/B Ratio	2.07	N/A

Net Assets

Winner

KBWP

$273M

BSMQ

$271M

Expense Ratio

KBWP

0.35%

Winner

BSMQ

0.18%

Max Drawdown

KBWP

40.31%

Winner

BSMQ

13.32%

Sharpe Ratio

Winner

KBWP

0.61

BSMQ

-0.83

5Y Beta

KBWP

0.30

Winner

BSMQ

0.01

P/E Ratio

KBWP

10.86

BSMQ

N/A

Forward P/E

KBWP

12.23

BSMQ

N/A

PEG Ratio

KBWP

0.18

BSMQ

N/A

5Y Dividends CAGR

KBWP

9.21%

Winner

BSMQ

12.87%

5Y EPS CAGR

KBWP

17.99%

BSMQ

N/A

Debt to Equity

KBWP

39.79%

BSMQ

N/A

P/S Ratio

KBWP

1.61

BSMQ

N/A

P/B Ratio

KBWP

2.07

BSMQ

N/A

KBWP vs BSMQ - Historical Returns

Returns include dividend reinvestment.

Period	KBWP	BSMQ
1 month	+1.03%	+0.17%
3 months	+13.50%	+0.54%
6 months	+11.56%	+0.77%
1 year	+14.91%	+2.69%
5 years(CAGR)	+13.27%	+0.29%
10 years(CAGR)	+12.94%	N/A
Max(CAGR)	+13.73%	+1.21%

Winner

KBWP

+1.03%

BSMQ

+0.17%

Winner

KBWP

+13.50%

BSMQ

+0.54%

Winner

KBWP

+11.56%

BSMQ

+0.77%

Winner

KBWP

+14.91%

BSMQ

+2.69%

5Y(CAGR)

Winner

KBWP

+13.27%

BSMQ

+0.29%

10Y(CAGR)

KBWP

+12.94%

BSMQ

N/A

Max(CAGR)

Winner

KBWP

+13.73%

BSMQ

+1.21%

KBWP vs BSMQ - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	KBWP	BSMQ
2026	+10.30%	+1.32%
2025	+12.19%	+2.81%
2024	+28.79%	+2.05%
2023	+6.85%	+3.36%
2022	+10.93%	-7.56%
2021	+23.29%	+0.85%
2020	-1.94%	+5.15%
2019	+30.22%	+0.24%
2018	-0.62%	N/A
2017	+9.12%	N/A
2016	+22.06%	N/A
2015	+16.27%	N/A
2014	+12.15%	N/A
2013	+32.29%	N/A
2012	+24.21%	N/A
2011	-0.75%	N/A
2010	-0.04%	N/A

KBWP vs BSMQ Drawdown Comparison

The maximum drawdown for KBWP was -39.74%, occurring on Mar 23, 2020. Recovery took 269 trading sessions.

The maximum drawdown for BSMQ was -13.18%, occurring on Mar 23, 2020. Recovery took 179 trading sessions.

The current KBWP drawdown is -2.47%. The current BSMQ drawdown is -0.13%.

Rank	KBWP	BSMQ
#1	-39.74% Feb 11, 2020 - Mar 8, 2021	-13.18% Mar 9, 2020 - Nov 19, 2020
#2	-19.06% Apr 29, 2011 - Feb 3, 2012	-11.50% Jul 19, 2021 - Dec 31, 2025
#3	-17.01% Apr 1, 2022 - Nov 25, 2022	-1.99% Feb 11, 2021 - Jun 8, 2021
#4	-16.57% Sep 21, 2018 - Apr 11, 2019	-0.87% Oct 21, 2019 - Dec 3, 2019
#5	-13.35% Feb 7, 2023 - Nov 22, 2023	-0.81% Jun 11, 2021 - Jul 19, 2021
#6	-12.29% Nov 27, 2024 - Apr 1, 2025	-0.37% Jan 31, 2020 - Feb 18, 2020
#7	-12.27% Aug 4, 2017 - Nov 29, 2017	-0.31% Jan 5, 2021 - Jan 25, 2021
#8	-11.59% Apr 1, 2025 - May 19, 2025	-0.25% Mar 5, 2026 - Apr 2, 2026
#9	-10.43% Dec 31, 2013 - May 29, 2014	-0.24% Mar 2, 2020 - Mar 9, 2020
#10	-9.61% Dec 29, 2015 - Mar 17, 2016	-0.24% May 13, 2026 - May 29, 2026
#11	-9.57% Dec 30, 2025 - Jun 26, 2026	-0.24% Apr 9, 2026 - May 13, 2026
#12	-8.92% May 10, 2021 - Aug 20, 2021	-0.23% Jan 26, 2026 - Feb 24, 2026
#13	-8.45% Jun 2, 2025 - Dec 12, 2025	-0.20% Dec 13, 2019 - Jan 2, 2020
#14	-8.30% Aug 18, 2015 - Oct 20, 2015	-0.17% Nov 30, 2020 - Dec 7, 2020
#15	-7.48% Oct 25, 2021 - Jan 4, 2022	-0.17% Aug 20, 2026 - Aug 21, 2026

Correlation

Correlation between KBWP and BSMQ is 0.46 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.46

-101

Dividend Comparison (2011 - 2026)

KBWP vs BSMQ dividend yield comparison.

Year	KBWP	BSMQ
2026	1.09%	1.87%
2025	1.58%	2.74%
2024	1.64%	2.75%
2023	1.68%	2.47%
2022	1.99%	1.60%
2021	3.02%	1.14%
2020	1.93%	1.57%
2019	1.99%	0.44%
2018	2.11%	0.00%
2017	1.90%	0.00%
2016	2.14%	0.00%
2015	1.35%	0.00%
2014	2.73%	0.00%
2013	1.72%	0.00%
2012	3.06%	0.00%
2011	2.86%	0.00%