DFAR vs KBWY
DFA Real Estate Securities Portfolio – ETF Class Shares compared with Invesco KBW Premium Yield Equity REIT ETF on yield, payout growth, payment schedule, cost and risk.
DFAR
DFA Real Estate Securities Portfolio – ETF Class Shares
TTM yield · Quarterly
KBWY
Invesco KBW Premium Yield Equity REIT ETF
TTM yield · Monthly
Quick take
- KBWY yields more today: 8.99% vs 4.98% (forward).
- DFAR has grown its payout faster: 10.1%/yr vs -2.3%/yr over the last 3 years.
- DFAR pays every quarter; KBWY pays every month.
- Over the last year KBWY delivered the higher total return: +12.0% vs +7.1% (price change plus payouts).
- DFAR is cheaper to own: 0.18% vs 0.35% expense ratio.
- KBWY has the steadier distribution: consistency 98/100 vs 32/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | DFAR | KBWY |
|---|---|---|
| Share price | $24.67 | $16.39 |
| TTM yield | 3.52% | 8.99% |
| Forward yield | 4.98% | 8.99% |
| Annual payout per share | $1.228 | $1.474 |
| Payment frequency | Quarterly | Monthly |
| Next ex-date | Dec 22, 2026 (est.) | Nov 16, 2026 (est.) |
| Expense ratio | 0.18% | 0.35% |
| 1-year payout growth | +32.1% | -2.5% |
| 5-year payout CAGR | — | +1.6% |
| Consecutive years of increases | 3 years | 0 years |
| Payout consistency (last 12) | 32/100 | 98/100 |
| 1-year total return | +7.1% | +12.0% |
| 1-year price return | +3.4% | +2.8% |
| Size (market cap / AUM) | 8.1B | 298.0M |
| Years paying | 4.6 | 15.8 |
| Sector / category | Real Estate | Real Estate |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| DFAR | KBWY | |
|---|---|---|
| Shares | 405.4 | 610.1 |
| Income per year | $498 | $899 |
| Income per month (avg) | $41 | $75 |
At forward yields, before taxes. Model DFAR · Model KBWY
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| DFAR Dec 22, 2026 | Jan 5, 2027 | $0.307 | Est. |
| DFAR Mar 23, 2027 | Apr 6, 2027 | $0.307 | Est. |
| DFAR Jun 22, 2027 | Jul 6, 2027 | $0.307 | Est. |
| KBWY Nov 16, 2026 | Nov 20, 2026 | $0.1228 | Est. |
| KBWY Dec 14, 2026 | Dec 18, 2026 | $0.1228 | Est. |
| KBWY Jan 11, 2027 | Jan 15, 2027 | $0.1228 | Est. |
Annual payouts per share
DFARKBWY
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, DFAR or KBWY?
KBWY currently has the higher trailing yield: DFAR yields 3.52% and KBWY yields 8.99%. Yield changes daily with price, so check the live figures above.
How often do DFAR and KBWY pay?
DFAR pays every quarter and KBWY pays every month. DFAR's next ex-date is Dec 22, 2026 and KBWY's is Nov 16, 2026.
Which has grown its dividend faster, DFAR or KBWY?
DFAR has grown its payout faster: 10.1%/yr vs -2.3%/yr over the last 3 years.
Is DFAR or KBWY better for income?
It depends on what you are optimising for. DFAR and KBWY differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.