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DFNLvsKBWBETF Comparison
Davis Select Financial ETF (DFNL) belongs to the Uncategorized Equities segment. Invesco KBW Bank ETF (KBWB) is part of the US Financials segment. DFNL's top 3 sector exposures are Financials, Information Technology and Consumer Discretionary. In contrast, KBWB's top sector exposures are Financials, DFNL is more expensive with a Total Expense Ratio (TER) of 0.63%, versus 0.35% for KBWB. DFNL is down -7.8% year-to-date (YTD) with +$72M in YTD flows. KBWB performs worse with -9.33% YTD performance, and -$347M in YTD flows. Run a side-by-side ETF comparison of DFNL and KBWB below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
DFNL vs KBWB performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | DFNL KBWB | -7.37%-10.45% | -8.47%-9.54% | -7.80%-9.33% | +16.92%+28.38% | +73.73%+99.00% | +60.30%+37.04% |
| Flows | DFNL KBWB | --$436M | +$92M-$515M | +$72M-$347M | +$152M+$954M | +$171M+$2.30B | +$154M+$2.76B |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | DFNL KBWB | +15.82%+24.08% | +18.50%+26.19% | +17.28%+25.09% | +19.07%+26.62% |
| Max drawdown | DFNL KBWB | -10.57%-15.77% | -13.38%-17.61% | -16.11%-25.42% | -26.10%-49.65% |
| Max drawdown duration | DFNL KBWB | 32d31d | 45d45d | 164d141d | 788d1043d |
DFNL | KBWB | |
Last sale 3/13/2026 at 1:30 PM | $44.22 | $75.84 |
| Previous close 03/12/2026 | $44.40 | $76.38 |
| Consolidated volume 03/12/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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DFNL | KBWB | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
DFNL | KBWB | |
|---|---|---|
| Last price | $44.22 | $75.84 |
| 1D performance | -0.41% | -0.71% |
| AuM | $432.64 M | $5.07 B |
| E/R | 0.63% | 0.35% |
DFNL | KBWB | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Davis ETFs | Invesco |
| Benchmark | - | KBW Nasdaq Bank Index |
| N° of holdings | 30 | 24 |
| Asset class | - | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | January 11, 2017 | November 1, 2011 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the DFNL and KBWB ETFs performed in 2026?
As of March 12, 2026, DFNL is down -7.8% year-to-date (YTD), while KBWB has lost -9.33%. That puts DFNL better performer ahead so far this year.
Which ETF is attracting more investor money: DFNL or KBWB?
Year-to-date, the DFNL ETF saw +$72M in flows, compared to -$347M for KBWB.
Which ETF is more volatile: DFNL or KBWB?
Over the past year, DFNL had a volatility of 18.5%, while KBWB experienced 26.19%.
Which ETF is bigger: DFNL or KBWB?
As of March 12, 2026, DFNL holds $432.64 M in assets under management (AUM), while KBWB manages $5.07 B.
What sectors do the DFNL and KBWB ETFs invest in?
DFNL leans toward sectors like Financials. Meanwhile, KBWB focuses on Financials.
What are the top holdings of the DFNL ETF and KBWB ETF?
DFNL top holdings include CAPITAL ONE FINANCIAL, US and BERKSHIRE HATHWAY. KBWB holds in its top three: THE GOLDMAN SACHS GROUP, MORGAN STANLEY and WELLS FARGO.
Which ETF is more diversified: DFNL or KBWB?
DFNL holds 31 securities with 69.95% of its assets in the top 15. KBWB has 24 securities and a top 15 weight of 78.9%.
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