KBWP vs TMAT
Comparison between INVESCO KBW PROPERTY & CASUALTY INSURANCE ETF (KBWP, ETF) and MAIN THEMATIC INNOVATION ETF (TMAT, ETF).
5-Year PerformanceKBWP has outperformed TMAT, delivering a return of +11.7% compared to +4.6%
KBWP vs TMAT - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
KBWP
$242M
TMAT
$242M
Expense Ratio
Winner
KBWP
0.35%
TMAT
0.82%
Max Drawdown
Winner
KBWP
40.31%
TMAT
58.64%
Sharpe Ratio
KBWP
0.01
Winner
TMAT
1.10
5Y Beta
Winner
KBWP
0.36
TMAT
1.53
P/E Ratio
Winner
KBWP
10.53
TMAT
49.10
Forward P/E
Winner
KBWP
11.29
TMAT
27.19
PEG Ratio
KBWP
0.14
TMAT
N/A
5Y Dividends CAGR
KBWP
10.12%
TMAT
N/A
5Y EPS CAGR
Winner
KBWP
20.52%
TMAT
17.49%
Debt to Equity
KBWP
36.90%
TMAT
N/A
P/S Ratio
Winner
KBWP
1.46
TMAT
3.82
P/B Ratio
Winner
KBWP
1.90
TMAT
7.37
KBWP vs TMAT - Holdings Comparison
KBWP and TMAT have 1 common holdings. Overlap is 0.00%
KBWP's top 25 holdings weight is 100.00%. TMAT's top 25 holdings weight is 50.26%.
| Rank | KBWP | TMAT |
|---|---|---|
| #1 | AON PLC CLASS A (AON) - 8.21% | MICRON TECHNOLOGY INC (MU) - 3.74% |
| #2 | THE TRAVELERS COMPANIES INC (TRV) - 8.20% | PALO ALTO NETWORKS INC (PANW) - 3.39% |
| #3 | PROGRESSIVE CORP (PGR) - 7.98% | VICOR CORP (VICR) - 2.72% |
| #4 | CHUBB LTD (CB) - 7.94% | CIENA CORP (CIEN) - 2.65% |
| #5 | MARSH (MRSH) - 7.49% | LUMENTUM HOLDINGS INC (LITE) - 2.64% |
| #6 | ALLSTATE CORP (ALL) - 4.25% | CLEAR SECURE INC ORDINARY SHARES CLASS A (YOU) - 2.56% |
| #7 | CINCINNATI FINANCIAL CORP (CINF) - 4.17% | AAON INC (AAON) - 2.49% |
| #8 | EVEREST GROUP LTD (EG) - 4.00% | CROWDSTRIKE HOLDINGS INC CLASS A (CRWD) - 2.33% |
| #9 | AMERICAN INTERNATIONAL GROUP INC (AIG) - 3.97% | FORTINET INC (FTNT) - 2.11% |
| #10 | WR BERKLEY CORP (WRB) - 3.94% | KEYSIGHT TECHNOLOGIES INC (KEYS) - 2.05% |
| #11 | THE HARTFORD INSURANCE GROUP INC (HIG) - 3.91% | ADVANCED MICRO DEVICES INC (AMD) - 1.95% |
| #12 | ARTHUR J. GALLAGHER & CO (AJG) - 3.91% | MODINE MANUFACTURING CO (MOD) - 1.82% |
| #13 | ASSURANT INC (AIZ) - 3.81% | VERTIV HOLDINGS CO CLASS A (VRT) - 1.71% |
| #14 | ARCH CAPITAL GROUP LTD (ACGL) - 3.79% | n/a (BSY) - 1.70% |
| #15 | RENAISSANCERE HOLDINGS LTD (RNR) - 3.73% | RUBRIK INC CLASS A SHARES (RBRK) - 1.65% |
| #16 | WILLIS TOWERS WATSON PLC (WTW) - 3.64% | GENERAC HOLDINGS INC (GNRC) - 1.61% |
| #17 | BROWN & BROWN INC (BRO) - 3.41% | AUTODESK INC (ADSK) - 1.60% |
| #18 | AMERICAN FINANCIAL GROUP INC (AFG) - 3.31% | n/a (HNGE) - 1.50% |
| #19 | AXIS CAPITAL HOLDINGS LTD (AXS) - 2.18% | TERADYNE INC (TER) - 1.50% |
| #20 | THE HANOVER INSURANCE GROUP INC (THG) - 2.03% | ADVANCED ENERGY INDUSTRIES INC (AEIS) - 1.48% |
| #21 | MERCURY GENERAL CORP (MCY) - 1.68% | GE VERNOVA INC (GEV) - 1.45% |
| #22 | SELECTIVE INSURANCE GROUP INC (SIGI) - 1.60% | VIAVI SOLUTIONS INC (VIAV) - 1.41% |
| #23 | RLI CORP (RLI) - 1.45% | MYR GROUP INC (MYRG) - 1.41% |
| #24 | RYAN SPECIALTY HOLDINGS INC CLASS A (RYAN) - 1.29% | SEAGATE TECHNOLOGY HOLDINGS PLC (STX) - 1.41% |
| #25 | INVESCO SHRT-TRM INV GOV&AGCY INSTL (AGPXX) - 0.11% | BLACKBERRY LTD (BB) - 1.38% |
| Total Holdings | 26 | 89 |
KBWP vs TMAT - Historical Returns
Returns include dividend reinvestment.
1M
KBWP
+3.08%
Winner
TMAT
+4.32%
3M
KBWP
+1.86%
Winner
TMAT
+24.55%
6M
KBWP
-2.32%
Winner
TMAT
+14.85%
1Y
KBWP
+1.03%
Winner
TMAT
+33.42%
5Y(CAGR)
Winner
KBWP
+11.66%
TMAT
+4.61%
10Y(CAGR)
KBWP
+12.05%
TMAT
N/A
Max(CAGR)
Winner
KBWP
+13.07%
TMAT
+3.43%
KBWP vs TMAT - Annual Returns (2010 - 2026)
Returns include dividend reinvestment.
| Year | KBWP | TMAT |
|---|---|---|
| 2026 | -1.80% | +16.53% |
| 2025 | +12.19% | +18.16% |
| 2024 | +28.79% | +30.39% |
| 2023 | +6.85% | +32.08% |
| 2022 | +10.93% | -39.69% |
| 2021 | +23.29% | -17.01% |
| 2020 | -1.94% | N/A |
| 2019 | +30.22% | N/A |
| 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 TMAT Drawdown Comparison
The maximum drawdown for KBWP was -39.74%, occurring on Mar 23, 2020. Recovery took 269 trading sessions.
The maximum drawdown for TMAT was -58.55%, occurring on Oct 14, 2022. Recovery took 1155 trading sessions.
The current KBWP drawdown is -4.26%. The current TMAT drawdown is -5.34%.
| Rank | KBWP | TMAT |
|---|---|---|
| #1 | -39.74% Feb 11, 2020 - Mar 8, 2021 | -58.55% Feb 12, 2021 - Sep 19, 2025 |
| #2 | -19.06% Apr 29, 2011 - Feb 3, 2012 | -21.63% Oct 9, 2025 - May 26, 2026 |
| #3 | -17.01% Apr 1, 2022 - Nov 25, 2022 | -10.39% Jun 2, 2026 - Jun 10, 2026 |
| #4 | -16.57% Sep 21, 2018 - Apr 11, 2019 | -3.88% Sep 22, 2025 - Oct 6, 2025 |
| #5 | -13.35% Feb 7, 2023 - Nov 22, 2023 | -1.55% May 26, 2026 - May 29, 2026 |
| #6 | -12.29% Nov 27, 2024 - Apr 1, 2025 | -1.35% Oct 6, 2025 - Oct 8, 2025 |
| #7 | -12.27% Aug 4, 2017 - Nov 29, 2017 | -0.46% Feb 10, 2021 - Feb 12, 2021 |
| #8 | -11.59% Apr 1, 2025 - May 19, 2025 | N/A |
| #9 | -10.43% Dec 31, 2013 - May 29, 2014 | N/A |
| #10 | -9.61% Dec 29, 2015 - Mar 17, 2016 | N/A |
| #11 | -9.57% Dec 30, 2025 - Jun 3, 2026 | N/A |
| #12 | -8.92% May 10, 2021 - Aug 20, 2021 | N/A |
| #13 | -8.45% Jun 2, 2025 - Dec 12, 2025 | N/A |
| #14 | -8.30% Aug 18, 2015 - Oct 20, 2015 | N/A |
| #15 | -7.48% Oct 25, 2021 - Jan 4, 2022 | N/A |
Correlation
Correlation between KBWP and TMAT is 0.43 which considered as a weak positive correlation - the stocks show a slight tendency to move together.
0.43
-101
Dividend Comparison (2011 - 2026)
KBWP vs TMAT dividend yield comparison.
| Year | KBWP | TMAT |
|---|---|---|
| 2026 | 0.81% | 0.00% |
| 2025 | 1.58% | 0.02% |
| 2024 | 1.64% | 0.00% |
| 2023 | 1.68% | 0.00% |
| 2022 | 1.99% | 0.34% |
| 2021 | 3.02% | 0.20% |
| 2020 | 1.93% | 0.00% |
| 2019 | 1.99% | 0.00% |
| 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% |
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