iShares U.S. Regional Banks ETF
$58.25−0.40 (−0.68%)
- Expense ratio
- 0.37%
- Fund size
- $630M
- 1Y return
- +14.2%
- Yield · Last 12 months
- 2.80%
- Holdings
- 30
- Volume · 30D
- 0.2M sh
- NAV per share
- $59.75
- 52W range
The ETF.net IAT Grade
Score 37 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.DScore 31Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.CScore 43Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 26Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 54Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 32Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 68Category rank
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
- 30
- 69%
- USB
Sectors
- Financials100.0%
Geography
- United States98.20%
- Puerto Rico1.80%
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$11,421
Returns run to the Sep 22, 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 | +8.3% |
| 1 month | −5.4% |
| 3 months | −1.7% |
| 1 year | +14.2% |
| 3 years | +24.7% |
| 5 years | +3.9% |
| 10 years | +8.2% |
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 | +8.3% | |
| 2025 | +13.1% | |
| 2024 | +24.4% | |
| 2023 | −8.5% | |
| 2022 | −20.6% | |
| 2021 | +38.9% | |
| 2020 | −7.6% |
IAT in the news
IAT Dividends
- 2.80%
- $1.64
- $0.42 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 15, 2026 | Sep 18, 2026 | $0.42 |
| Jun 15, 2026 | Jun 18, 2026 | $0.38 |
| Mar 17, 2026 | Mar 20, 2026 | $0.26 |
| Dec 16, 2025 | Dec 19, 2025 | $0.58 |
| Sep 16, 2025 | Sep 19, 2025 | $0.40 |
| Jun 16, 2025 | Jun 20, 2025 | $0.38 |
| Mar 18, 2025 | Mar 21, 2025 | $0.26 |
| Dec 17, 2024 | Dec 20, 2024 | $0.40 |
| Sep 25, 2024 | Sep 30, 2024 | $0.44 |
| Jun 11, 2024 | Jun 17, 2024 | $0.34 |
| Mar 21, 2024 | Mar 27, 2024 | $0.30 |
| Dec 20, 2023 | Dec 27, 2023 | $0.48 |
IAT Risk
- 24.2%
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.
- 0.83
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.