FBDC vs KBWB
FT Confluence BDC & Specialty Finance Income ETF compared with Invesco KBW Bank ETF on yield, payout growth, payment schedule, cost and risk.
FBDC
FT Confluence BDC & Specialty Finance Income ETF
TTM yield · Monthly
KBWB
Invesco KBW Bank ETF
TTM yield · Quarterly
Quick take
- FBDC yields more today: 12.31% vs 2.10% (forward).
- FBDC pays every month; KBWB pays every quarter.
- Over the last year KBWB delivered the higher total return: +14.3% vs -8.1% (price change plus payouts).
- KBWB is cheaper to own: 0.35% vs 12.44% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | FBDC | KBWB |
|---|---|---|
| Share price | $16.17 | $87.56 |
| TTM yield | 12.31% | 2.13% |
| Forward yield | 12.31% | 2.10% |
| Annual payout per share | $1.99 | $1.84 |
| Payment frequency | Monthly | Quarterly |
| Next ex-date | Nov 20, 2026 (est.) | Dec 21, 2026 (est.) |
| Expense ratio | 12.44% | 0.35% |
| 1-year payout growth | — | +14.3% |
| 5-year payout CAGR | — | +7.6% |
| Consecutive years of increases | 0 years | 1 year |
| Payout consistency (last 12) | 92/100 | 92/100 |
| 1-year total return | -8.1% | +14.3% |
| 1-year price return | -18.2% | +12.0% |
| Size (market cap / AUM) | 35.7M | 6.2B |
| Years paying | 1.3 | 14.9 |
| Sector / category | Financial | Financial |
✓ 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
| FBDC | KBWB | |
|---|---|---|
| Shares | 618.6 | 114.2 |
| Income per year | $1,231 | $210 |
| Income per month (avg) | $103 | $18 |
At forward yields, before taxes. Model FBDC · Model KBWB
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| FBDC Nov 20, 2026 | Dec 4, 2026 | $0.1658 | Est. |
| FBDC Dec 20, 2026 | Jan 3, 2027 | $0.1658 | Est. |
| FBDC Jan 19, 2027 | Feb 2, 2027 | $0.1658 | Est. |
| KBWB Dec 21, 2026 | Dec 25, 2026 | $0.46 | Est. |
| KBWB Mar 22, 2027 | Mar 26, 2027 | $0.46 | Est. |
| KBWB Jun 21, 2027 | Jun 25, 2027 | $0.46 | Est. |
Annual payouts per share
FBDCKBWB
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, FBDC or KBWB?
FBDC currently has the higher trailing yield: FBDC yields 12.31% and KBWB yields 2.13%. Yield changes daily with price, so check the live figures above.
How often do FBDC and KBWB pay?
FBDC pays every month and KBWB pays every quarter. FBDC's next ex-date is Nov 20, 2026 and KBWB's is Dec 21, 2026.
Is FBDC or KBWB better for income?
It depends on what you are optimising for. FBDC and KBWB 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.