# Portfolio overlap — KBWD vs XSHD

Comparing **Invesco KBW High Dividend Yield Financial ETF** (2026-02-28) and **Invesco S&P SmallCap High Dividend Low Volatility ETF** (2026-02-28).

- Shared positions: 9
- Invesco KBW High Dividend Yield Financial ETF covered by Invesco S&P SmallCap High Dividend Low Volatility ETF: 0.3530760168577178982698520399
- Invesco S&P SmallCap High Dividend Low Volatility ETF covered by Invesco KBW High Dividend Yield Financial ETF: 0.3530760168577178982698520400

## Invesco KBW High Dividend Yield Financial ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| Invesco Private Prime Fund | 0.169936 | ✓ |
| Invesco Private Government Fund | 0.065451 | ✓ |
| INVESCO MORTGAGE CAPITAL INC | 0.039195 |  |
| ORCHID ISLAND CAPITAL INC | 0.037072 |  |
| AGNC INVESTMENT CORP | 0.031385 |  |
| TWO HBRS INVT CORP | 0.030861 | ✓ |
| ARMOUR RESIDENTIAL REIT INC | 0.030649 | ✓ |
| NEW YORK MTGE | 0.028360 | ✓ |
| DYNEX CAPITAL | 0.028359 |  |
| Trinity Capital Inc., BDC | 0.028053 |  |
| ANNALY CAPITAL MGMT INC REIT | 0.026297 |  |
| MFA FINANCIAL INC | 0.026063 |  |
| Goldman Sachs BDC, Inc. SHS | 0.024928 |  |
| PENNYMAC MORTGAGE INV TRUST | 0.022856 | ✓ |
| REDWOOD TRUST INC REIT | 0.020664 | ✓ |
| ARBOR REALTY TRUST INC | 0.020544 | ✓ |
| PennantPark Floating Rate Capital Ltd., BDC | 0.019389 |  |
| CION Investment Corporation | 0.019349 |  |
| TCG BDC, Inc. | 0.019062 |  |
| FRANKLIN BSP REALTY TRUST INC | 0.018948 | ✓ |
| WESTERN UNION CO | 0.018563 |  |
| Nuveen Churchill Direct Lending Corp. | 0.017915 |  |
| NEW MOUNTAIN FINANCE CORP COMMON STOCK | 0.017696 |  |
| FS KKR CAPITAL CORP COMMON STOCK | 0.017344 |  |
| MidCap Financial Investment Corp., BDC | 0.017138 |  |
| BlackRock TCP Capital Corp., BDC | 0.017046 |  |
| BLUE OWL CAPITAL CORP COMMON STOCK | 0.016660 |  |
| PENNANTPARK INVESTMENT CORP COMMON STOCK | 0.016047 |  |
| ALLIANCEBERNSTEIN HOLDING LP | 0.015641 |  |
| Crescent Capital BDC, Inc. COM | 0.015258 |  |
| WASH TRUST BANC | 0.013544 |  |
| ARTISAN PARTNERS ASSET MANAGEMENT INC A | 0.013333 |  |
| FRANKLIN RESOURCES INC | 0.013135 |  |
| FIRST INTST BANCSYST INC CL A | 0.011679 |  |
| KEARNY FINANCIAL CORP | 0.011660 |  |
| NORTHWEST BANCSHARES INC | 0.011054 |  |
| UWM HOLDINGS CORP CL A | 0.010106 |  |
| PEOPLES BANCORP INC | 0.009620 |  |
| FLUSHING FINL | 0.009206 |  |
| LINCOLN NATL CRP | 0.008295 |  |
| PRUDENTL FINL | 0.007256 |  |
| BLUE OWL CAPITAL INC A | 0.004381 |  |

## Invesco S&P SmallCap High Dividend Low Volatility ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| Invesco Private Prime Fund | 0.160849 | ✓ |
| Invesco Private Government Fund | 0.057588 | ✓ |
| CAL-MAINE FOODS INC | 0.025933 |  |
| INNOVATIVE INDUS | 0.024890 |  |
| ARBOR REALTY TRUST INC | 0.023286 | ✓ |
| KINETIK HOLDINGS INC | 0.023066 |  |
| ARMOUR RESIDENTIAL REIT INC | 0.023027 | ✓ |
| GLOBAL NET LEASE INC | 0.022173 |  |
| EASTERLY GOVERNMENT PROPERTIES INC | 0.021681 |  |
| REDWOOD TRUST INC REIT | 0.020466 | ✓ |
| UNIVERSAL HEALTH REALTY TRUST | 0.019045 |  |
| FRANKLIN BSP REALTY TRUST INC | 0.018514 | ✓ |
| SAUL CENTERS INC | 0.018384 |  |
| APPLE HOSPITALITY REIT INC | 0.018290 |  |
| TWO HBRS INVT CORP | 0.017671 | ✓ |
| AMERICAN ASSETS TRUST INC | 0.017578 |  |
| PENNYMAC MORTGAGE INV TRUST | 0.017405 | ✓ |
| ARMADA HOFFLER PROPERTIES INC | 0.017316 |  |
| ROBERT HALF INTL | 0.017306 |  |
| NEW YORK MTGE | 0.017014 | ✓ |
| PERRIGO CO PLC | 0.016940 |  |
| WENDY'S CO/THE | 0.016896 |  |
| APOLLO COMMERCIA | 0.016025 |  |
| KKR REAL ESTATE FINANCE TRUST INC | 0.015270 |  |
| KODIAK GAS SERVICES INC | 0.015163 |  |
| ELLINGTON FINANCIAL INC | 0.015104 |  |
| HIGHWOODS PROPERTIES INC | 0.014754 |  |
| ETHAN ALLEN INTERIORS INC | 0.014291 |  |
| DELUXE CORP | 0.013955 |  |
| UNIVERSAL CORP | 0.013834 |  |
| EASTMAN CHEMICAL CO | 0.013223 |  |
| CLEARWAY ENERGY INC CL C | 0.013041 |  |
| TRINITY INDUSTRIES INC | 0.012980 |  |
| AVISTA CORP | 0.011743 |  |
| NORTHWEST NATURAL HOLDING CO | 0.010835 |  |
| SUNCOKE ENERGY INC | 0.010795 |  |
| WILEY JOHN&SON-A | 0.010448 |  |
| MANPOWERGROUP INC | 0.010234 |  |
| CALIFORNIA RESOU | 0.009658 |  |
| EDGEWELL PERSONAL CARE CO | 0.009585 |  |
| MILLERKNOLL INC | 0.009568 |  |
| INTERPARFUMS INC | 0.009424 |  |
| REYNOLDS CONSUMER PRODUCTS INC | 0.009403 |  |
| UNITIL CORP | 0.008835 |  |
| FRESH DEL MONTE | 0.008800 |  |
| SJW GROUP | 0.008003 |  |
| SYLVAMO CORP | 0.007731 |  |
| J & J SNACK FOOD | 0.007285 |  |
| STEPAN CO | 0.007165 |  |
| HNI CORP | 0.006964 |  |


## Sources

- N-PORT (fund A) — accession `0001378872-26-000847` (as of 2026-02-28)
  <https://www.sec.gov/Archives/edgar/data/1378872/000137887226000847/0001378872-26-000847-index.htm>
- N-PORT (fund B) — accession `0001378872-26-000871` (as of 2026-02-28)
  <https://www.sec.gov/Archives/edgar/data/1378872/000137887226000871/0001378872-26-000871-index.htm>

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