Core Insights - The Invesco KBW Premium Yield Equity REIT ETF (KBWY) has an Assets Under Management (AUM) of approximately $250 million, which is relatively low given its high yield of around 9.82%, indicating that investors are cautious about the risks associated with small-cap investments [1] Group 1 - The ETF's high yield suggests potential for attractive returns, but the low AUM reflects investor awareness of associated risks [1] - The focus on small-cap risks highlights the importance of risk management in investment decisions [1] - The article emphasizes the need for a long-term perspective on value creation in the context of macroeconomic trends and corporate earnings [1]