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Posted by
Two Blokes Jul 28 -
Filed in
Stock
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8 views
KBWY's 9.63% dividend yield is misleading, masking deep problems in portfolio quality and sector concentration. The ETF is overexposed to struggling office and hotel REITs, with insufficient diversification and heavy small-cap risk. Valuation is unattractive, with an astronomical P/E ratio and poor historical performance compared to alternatives like XLRE and SCHH.