ETF Evaluator: Invesco Building & Construction ETF (PKB) Follow This ETF

Invesco Building & Construction ETF Overview

Invesco Building & Construction ETF (PKB) is a passively managed Sector Equity Industrials exchange-traded fund (ETF). Invesco launched the ETF in 2005.

The investment seeks to track the investment results (before fees and expenses) of the Dynamic Building & Construction IntellidexSM Index. The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index was composed of common stocks of U.S. building and construction companies. These companies are engaged principally in providing construction and related engineering services for building and remodeling residential properties, commercial or industrial buildings, etc. It is non-diversified.

About Invesco Building & Construction ETF (PKB)

There are 3 members of the management team with an average tenure of 14.26 years: Peter Hubbard (2007), Michael Jeanette (2008) and Pratik Doshi (2020). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 2 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100% and Dynamic Building&Const Intellidex TR USD index with a weighting of 100%. Invesco Building & Construction ETF has 32 securities in its portfolio. The top 10 holdings constitute 44.7% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

Invesco Building & Construction ETF is part of the Equity global asset class and is within the Sector Equity ETF group. Invesco Building & Construction ETF has 7.7% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 92.3% There is 7.7% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Invesco Building & Construction ETF has 0.1% of the portfolio in cash.

Assets Under Management

The fund has $470 million in total assets, which is below the $1 billion average for the Industrials category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

PKB Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Invesco Building & Construction ETF expense ratio is average compared to funds in the Industrials category. Invesco Building & Construction ETF has an expense ratio of 0.57%, which is 13% higher than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Invesco Building & Construction ETF has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 35% for the Industrials category.

Recently, in the month of June 2026, Invesco Building & Construction ETF returned 7.2%, which earned it a grade of A, as the Industrials category had an average return of -2.9%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

Invesco Building & Construction ETF has a trailing yield of 0.17%, which is below the 1.01% category average. The fund normally distributes its income quarterly and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Invesco Building & Construction ETF Grades

Year to date, the ETF has returned 20.9%, 5.0 percentage points better than the category, which translates into a grade of B. The fund has returned 39.6% over the past year (grade of B), 27.5% over the past three years (grade of B) and 18.0% per year over the past five years (grade of B) and 16.1% per year over the past 10 years (grade of B).

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