iShares U.S. Regional Banks ETF
$56.84−0.53 (−0.92%)
- 0.37%
- $612M
- +20.6%
- 2.86%
- 0.2M sh
- $56.96
- low $47.37high $66.16
The ETF.net IAT Grade
D
Score 37 out of 100
- 8 of 9
Score 37 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.D31 out of 100Rank 7 of 9Mission
Whether the fund did what it promised, tested against its stated mandate.C42 out of 100Rank 1 of 2Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D26 out of 100Rank 9 of 9Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C54 out of 100Rank 5 of 9Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D32 out of 100Rank 8 of 9Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B68 out of 100Rank 4 of 9
Our read on IAT
DRegional banking, undiluted: about 30 U.S. lenders, no insurers or brokers padding the basket, from an iShares fund that has been on the tape since 2006.
The Fund seeks to track an index of U.S. equity securities from the regional banking sector. It uses representative sampling to pursue index-like investment characteristics rather than necessarily holding every constituent.
Why people hold it
- Narrow by design: roughly 30 U.S. regional bank stocks, not a broad-financials grab bag.
- Launched in 2006, so it has traded through multiple bank-stress cycles rather than arriving after one.
- Pays quarterly and tracks a published benchmark, the Dow Jones U.S. Select Regional Banks Index, so the mandate is easy to check.ishares.com
Worth knowing
- The 0.37% fee sits a notch above the going rate in bank ETFs; peers KBE, KBWB and KRE each list 0.35%.
- One sector, one country, about 30 names. Rate swings and credit scares land here with nothing else in the basket to absorb them.
- It samples the index rather than holding every constituent, so results can drift from the benchmark.ishares.com
IAT Holdings
- Stocks
- 34
- 69%
- USB
Geography
- United States98.11%
- Puerto Rico1.89%
IAT Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
IAT$12,057
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | IAT |
|---|---|
| Year to date | +5.9% |
| 1 month | −7.3% |
| 3 months | −8.8% |
| 1 year | +20.6% |
| 3 years | +24.1% |
| 5 years | +1.5% |
| 10 years | +7.8% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | IAT |
|---|---|---|
| 2026 YTD | +5.9% | |
| 2025 | +13.1% | |
| 2024 | +24.4% | |
| 2023 | −8.5% | |
| 2022 | −20.6% | |
| 2021 | +38.9% | |
| 2020 | −7.6% |
IAT in the news
IAT Dividends
- 2.86%
- $1.64
- $0.42 per share
- Quarterly
Distribution history
IAT Risk
- 24.4%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.80
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −55.5%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.23
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
IAT Cost
0.37%
IAT0.37%
- The middle half of Banks funds
- Median 0.35%
6 of the 9 Banks funds charge less.
Other funds in Banks
- BGSIBThemes Global Systemically Important Banks ETFExpense ratio 0.35%1 year return +36.3%
- BPBEUPortfolio Building Block European Banks Index ETFExpense ratio 0.13%1 year return —
- CFDIQInvesco Bloomberg Financial Data Providers ETFExpense ratio 0.35%1 year return —
- DFTXOFirst Trust Nasdaq Bank ETFExpense ratio 0.60%1 year return +18.8%
- DQABAFirst Trust NASDAQ ABA Community Bank Index FundExpense ratio 0.63%1 year return +22.6%