iShares U.S. Regional Banks ETF (IAT) belongs to the Financials Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with IAT. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to IAT
IAT charges 0.42% annually. There are 23 ETFs in the Financials Equities category with lower expense ratios, going as low as 0.08%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Financial Select Sector SPDR ETF | 0.08% | 57.61B | Dec 1998 | IAT vs XLF | |
| Fidelity MSCI Financials Index ETF | 0.08% | 2.23B | Oct 2013 | IAT vs FNCL | |
| Vanguard Financials ETF | 0.09% | 13.90B | Jan 2004 | IAT vs VFH | |
| Gabelli Financial Services Opportunities ETF | 0.10% | 50.20M | May 2022 | IAT vs GABF | |
| VanEck Financials TruSector ETF | 0.10% | 593.86K | Apr 2026 | IAT vs TRUF |
Best Risk-Adjusted Alternatives to IAT
IAT has a PortfoliosLab risk / return rank of 59. There are 8 ETFs in the Financials Equities category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| HSBC Holdings plc ADRhedged ETF | 95 | 5.04M | Oct 2024 | IAT vs HSBH | |
| Themes Global Systemically Important Banks ETF | 91 | 48.36M | Dec 2023 | IAT vs GSIB | |
| iShares MSCI Europe Financials ETF | 77 | 4.20B | Jan 2010 | IAT vs EUFN | |
| Invesco KBW Bank ETF | 72 | 6.70B | Nov 2011 | IAT vs KBWB | |
| Invesco S&P SmallCap Financials ETF | 71 | 27.49M | Apr 2010 | IAT vs PSCF |
Top Performing IAT Alternatives (YTD)
IAT is at 17.93% YTD. There are 6 ETFs in the Financials Equities category with higher YTD returns, going as high as 40.22%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| HSBC Holdings plc ADRhedged ETF | 40.22% | 5.04M | Oct 2024 | IAT vs HSBH | |
| First Trust NASDAQ ABA Community Bank Index Fund | 24.53% | 93.23M | Jun 2009 | IAT vs QABA | |
| Portfolio Building Block European Banks Index ETF | 23.70% | 438.81M | Nov 2025 | IAT vs PBEU | |
| Themes Global Systemically Important Banks ETF | 23.08% | 48.36M | Dec 2023 | IAT vs GSIB | |
| SPDR S&P Regional Banking ETF | 20.29% | 4.62B | Jun 2006 | IAT vs KRE |
Lowest Volatility Alternatives to IAT
IAT has 21.84% 1-year volatility. There are 33 ETFs in the Financials Equities category with lower 1-year volatility, going as low as 11.82%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Financial Select Sector SPDR Premium ... | 11.82% | 7.51M | Jul 2025 | IAT vs XLFI | |
| iShares MSCI Kuwait ETF | 13.39% | 68.36M | Sep 2020 | IAT vs KWT | |
| VanEck Financials TruSector ETF | 13.48% | 593.86K | Apr 2026 | IAT vs TRUF | |
| iShares Global Financials ETF | 14.08% | 690.89M | Nov 2001 | IAT vs IXG | |
| iShares U.S. Financials ETF | 14.59% | 4.43B | May 2000 | IAT vs IYF |
Lowest Drawdown Alternatives to IAT
IAT has a 1-year max drawdown of -17.49%. There are 31 ETFs in the Financials Equities category with shallower 1-year drawdowns, going as shallow as -7.62%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares U.S. Insurance ETF | -7.62% | 537.00M | May 2006 | IAT vs IAK | |
| Invesco KBW Property & Casualty Insurance ETF | -9.56% | 272.55M | Dec 2010 | IAT vs KBWP | |
| Invesco S&P SmallCap Financials ETF | -9.91% | 27.49M | Apr 2010 | IAT vs PSCF | |
| iShares Global Financials ETF | -11.33% | 690.89M | Nov 2001 | IAT vs IXG | |
| iShares MSCI Kuwait ETF | -11.54% | 68.36M | Sep 2020 | IAT vs KWT |
Other ETFs from iShares
The 10 most viewed iShares ETFs shown here include SGOV, IBIT, SOXX and span 14 categories. AUM among these funds goes as high as $869B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | Ultrashort Bond | 100 | 2.13% | 99.95B | May 2020 | IAT vs SGOV | |
| iShares Bitcoin Trust ETF | Cryptocurrency | 2 | -27.17% | 46.52B | Jan 2024 | IAT vs IBIT | |
| iShares Semiconductor ETF | Semiconductors, Technology Equities | 90 | 68.76% | 44.69B | Jul 2001 | IAT vs SOXX | |
| iShares Core S&P 500 ETF | S&P 500 | 78 | 11.75% | 869.20B | May 2000 | IAT vs IVV | |
| iShares Core Dividend Growth ETF | Large Cap Growth Equities, Dividend | 92 | 13.79% | 42.77B | Jun 2014 | IAT vs DGRO | |
| iShares 20+ Year Treasury Bond ETF | Government Bonds, Long-Term Bond | 7 | -3.18% | 41.54B | Jul 2002 | IAT vs TLT | |
| iShares Silver Trust | Silver, Precious Metals | 35 | -18.57% | 28.08B | Apr 2006 | IAT vs SLV | |
| iShares Gold Trust | Gold, Precious Metals | 28 | -6.14% | 59.74B | Jan 2005 | IAT vs IAU | |
| iShares Russell 2000 ETF | Small Cap Blend Equities | 85 | 20.84% | 80.11B | May 2000 | IAT vs IWM | |
| iShares MSCI ACWI ETF | Global Equities | 77 | 12.35% | 32.49B | Mar 2008 | IAT vs ACWI |
Often Compared With IAT
Investors most often compare IAT with KCE, MTB, PKW. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare IAT with Any Fund or Stock
Compare IAT with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair IAT with funds that move differently
iShares U.S. Regional Banks ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to IAT.
Explore IAT Diversifiers