KBWY vs RIET: Real Estate ETF Showdown
Institutional side-by-side analysis of fees, dividend cash flows, and underlying holdings overlap.
Key Fundamental Specifications
| Metric | KBWY | RIET |
|---|---|---|
| Annual Expense Ratio | 0.35% Lowest Fee | 0.50% |
| Annual Dividend Yield | 7.80% | 9.60% Higher Yield |
| Assets Under Management (AUM) | $0.2 Billion | $0.1 Billion |
| Number of Holdings | 32 Constituents | 100 Constituents |
| Fund Issuer | Invesco | Hoya Capital |
| Benchmark Index | KBW Nasdaq Premium Yield Equity REIT Index | Hoya Capital High Dividend Yield Index |
Top Holdings & Weight Overlap
Constituent weights across both funds:
| REIT Constituent | KBWY Weight | RIET Weight |
|---|
Institutional Verdict: KBWY or RIET?
Fee Advantage: KBWY offers the lower expense ratio at 0.35% vs 0.50%. Over a 20-year holding period, lower expense drag preserves thousands of dollars in cumulative returns.
Yield Generation: For income-focused investors, RIET provides the higher current dividend yield at 9.60%, making it more attractive for living off dividend cash flow.
Conclusion: If your priority is low-cost passive index tracking, choose KBWY. If your mandate is maximum immediate dividend yield, choose RIET.
Frequently Asked Questions
What is the difference between KBWY and RIET?
Invesco KBW Premium Yield Equity REIT ETF (KBWY) is issued by Invesco with an expense ratio of 0.35% and dividend yield of 7.80%. In comparison, Hoya Capital High Dividend Yield ETF (RIET) is issued by Hoya Capital charging 0.50% with a yield of 9.60%.
Which REIT ETF has lower fees: KBWY or RIET?
KBWY has the lower annual expense ratio (0.35% vs 0.50%), saving long-term investors money on compounding fee drag.
Which ETF pays a higher dividend yield: KBWY or RIET?
RIET currently pays the higher annualized dividend yield (9.60% vs 7.80%).
Can I hold both KBWY and RIET in a portfolio?
While you can hold both, KBWY and RIET share significant constituent overlap in top REITs like Prologis, American Tower, and Equinix. Holding both may cause redundant portfolio exposure.