iShares U.S. Regional Banks ETF (IAT)
IAT is a passive ETF by iShares tracking the investment results of the Dow Jones U.S. Select Regional Banks Index. IAT launched on May 5, 2006 and has a 0.42% expense ratio.
ETF Info
ISIN | US4642887784 |
---|---|
CUSIP | 464288778 |
Issuer | iShares |
Inception Date | May 5, 2006 |
Region | North America (U.S.) |
Category | Financials Equities |
Index Tracked | Dow Jones U.S. Select Regional Banks Index |
Home Page | www.ishares.com |
Asset Class | Equity |
Asset Class Size | Multi-Cap |
Asset Class Style | Value |
Expense Ratio
The iShares U.S. Regional Banks ETF has a high expense ratio of 0.42%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Popular comparisons: IAT vs. KRE, IAT vs. MTB, IAT vs. KBWR, IAT vs. SWPPX, IAT vs. VTI, IAT vs. JPM, IAT vs. SPY, IAT vs. PKW, IAT vs. XLF, IAT vs. KCE
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in iShares U.S. Regional Banks ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
iShares U.S. Regional Banks ETF had a return of 3.47% year-to-date (YTD) and 26.79% in the last 12 months. Over the past 10 years, iShares U.S. Regional Banks ETF had an annualized return of 4.82%, while the S&P 500 had an annualized return of 10.96%, indicating that iShares U.S. Regional Banks ETF did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 3.47% | 10.04% |
1 month | 9.30% | 3.53% |
6 months | 33.38% | 22.79% |
1 year | 26.79% | 32.16% |
5 years (annualized) | 2.96% | 13.15% |
10 years (annualized) | 4.82% | 10.96% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | -1.98% | -1.51% | ||||||||||
2023 | -8.97% | -4.30% | -5.21% | 15.98% | 14.56% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
This table presents risk-adjusted performance metrics for iShares U.S. Regional Banks ETF (IAT) and compares them with a selected benchmark (^GSPC). These performance indicators assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
iShares U.S. Regional Banks ETF | 0.90 | ||||
S&P 500 | 2.76 |
Dividends
Dividend History
iShares U.S. Regional Banks ETF granted a 3.71% dividend yield in the last twelve months. The annual payout for that period amounted to $1.59 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $1.59 | $1.49 | $1.49 | $1.16 | $1.30 | $1.27 | $0.99 | $0.77 | $0.69 | $0.62 | $0.59 | $0.52 |
Dividend yield | 3.71% | 3.56% | 3.12% | 1.88% | 2.87% | 2.49% | 2.48% | 1.55% | 1.52% | 1.78% | 1.68% | 1.56% |
Monthly Dividends
The table displays the monthly dividend distributions for iShares U.S. Regional Banks ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.00 | $0.00 | ||||||||||
2023 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.50 | $0.00 | $0.00 | $0.48 |
2022 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $0.43 | $0.00 | $0.00 | $0.46 |
2021 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.40 |
2020 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.37 | $0.00 | $0.00 | $0.38 |
2019 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.29 | $0.00 | $0.00 | $0.35 | $0.00 | $0.00 | $0.41 |
2018 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.36 |
2017 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.26 |
2016 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.17 |
2015 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.19 |
2014 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.21 |
2013 | $0.08 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.19 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the iShares U.S. Regional Banks ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the iShares U.S. Regional Banks ETF was 77.23%, occurring on Mar 6, 2009. Recovery took 1950 trading sessions.
The current iShares U.S. Regional Banks ETF drawdown is 33.01%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-77.23% | Feb 21, 2007 | 515 | Mar 6, 2009 | 1950 | Dec 1, 2016 | 2465 |
-55.55% | Jan 18, 2022 | 326 | May 4, 2023 | — | — | — |
-52.06% | Mar 12, 2018 | 512 | Mar 23, 2020 | 204 | Jan 12, 2021 | 716 |
-13.87% | May 18, 2021 | 43 | Jul 19, 2021 | 55 | Oct 5, 2021 | 98 |
-13.58% | Mar 2, 2017 | 132 | Sep 7, 2017 | 58 | Nov 29, 2017 | 190 |
Volatility
Volatility Chart
The current iShares U.S. Regional Banks ETF volatility is 6.91%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.