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 17 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% | 49.47B | Dec 1998 | IAT vs XLF | |
| Fidelity MSCI Financials Index ETF | 0.08% | 2.21B | Oct 2013 | IAT vs FNCL | |
| Vanguard Financials ETF | 0.10% | 13.70B | Jan 2004 | IAT vs VFH | |
| Gabelli Financial Services Opportunities ETF | 0.10% | 50.20M | May 2022 | IAT vs GABF | |
| Portfolio Building Block European Banks Index ETF | 0.13% | 22.30M | Nov 2025 | IAT vs PBEU |
Best Risk-Adjusted Alternatives to IAT
IAT has a PortfoliosLab risk / return rank of 27. There are 6 ETFs in the Financials Equities category with higher risk-adjusted ranks, going as high as 68.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Themes Global Systemically Important Banks ETF | 68 | 26.29M | Dec 2023 | IAT vs GSIB | |
| Invesco KBW Bank ETF | 45 | 5.32B | Nov 2011 | IAT vs KBWB | |
| Invesco Bloomberg Financial Data Providers ETF | 33 | 51.11M | Nov 2011 | IAT vs FDIQ | |
| iShares MSCI Europe Financials ETF | 32 | 3.64B | Jan 2010 | IAT vs EUFN | |
| First Trust Nasdaq Bank ETF | 30 | 286.76M | Sep 2016 | IAT vs FTXO |
Top Performing IAT Alternatives (YTD)
IAT is at 2.80% YTD. There are 8 ETFs in the Financials Equities category with higher YTD returns, going as high as 9.75%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Themes Global Systemically Important Banks ETF | 9.75% | 26.29M | Dec 2023 | IAT vs GSIB | |
| Invesco Bloomberg Financial Data Providers ETF | 9.72% | 51.11M | Nov 2011 | IAT vs FDIQ | |
| First Trust NASDAQ ABA Community Bank Index Fund | 8.16% | 77.97M | Jun 2009 | IAT vs QABA | |
| Portfolio Building Block European Banks Index ETF | 6.67% | 22.30M | Nov 2025 | IAT vs PBEU | |
| SPDR S&P Regional Banking ETF | 5.35% | 3.91B | Jun 2006 | IAT vs KRE |
Lowest Volatility Alternatives to IAT
IAT has 21.86% 1-year volatility. There are 34 ETFs in the Financials Equities category with lower 1-year volatility, going as low as 7.78%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverNorth Enhanced Pre-Merger SPAC ETF | 7.78% | 6.34M | Jul 2022 | IAT vs SPCZ | |
| iShares Global Financials ETF | 13.67% | 542.62M | Nov 2001 | IAT vs IXG | |
| iShares MSCI Kuwait ETF | 13.84% | 70.21M | Sep 2020 | IAT vs KWT | |
| iShares U.S. Financials ETF | 14.34% | 3.50B | May 2000 | IAT vs IYF | |
| State Street Financial Select Sector SPDR ETF | 14.41% | 49.47B | Dec 1998 | IAT vs XLF |
Lowest Drawdown Alternatives to IAT
IAT has a 1-year max drawdown of -17.49%. There are 28 ETFs in the Financials Equities category with shallower 1-year drawdowns, going as shallow as -3.82%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverNorth Enhanced Pre-Merger SPAC ETF | -3.82% | 6.34M | Jul 2022 | IAT vs SPCZ | |
| iShares U.S. Insurance ETF | -7.62% | 359.47M | May 2006 | IAT vs IAK | |
| Invesco KBW Property & Casualty Insurance ETF | -9.56% | 242.19M | Dec 2010 | IAT vs KBWP | |
| Invesco S&P SmallCap Financials ETF | -9.91% | 24.48M | Apr 2010 | IAT vs PSCF | |
| Invesco Bloomberg Financial Data Providers ETF | -11.13% | 51.11M | Nov 2011 | IAT vs FDIQ |
Other ETFs from iShares
The 10 most viewed iShares ETFs shown here include SGOV, IBIT, IVV and span 14 categories. AUM among these funds goes as high as $855B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | Ultrashort Bond | 100 | 1.51% | 91.90B | May 2020 | IAT vs SGOV | |
| iShares Bitcoin Trust ETF | Cryptocurrency | 2 | -25.48% | 58.12B | Jan 2024 | IAT vs IBIT | |
| iShares Core S&P 500 ETF | S&P 500 | 70 | 10.85% | 854.92B | May 2000 | IAT vs IVV | |
| iShares 20+ Year Treasury Bond ETF | Government Bonds, Long-Term Bond | 16 | -0.27% | 42.90B | Jul 2002 | IAT vs TLT | |
| iShares Semiconductor ETF | Semiconductors, Technology Equities | 97 | 104.57% | 38.37B | Jul 2001 | IAT vs SOXX | |
| iShares Core Dividend Growth ETF | Large Cap Growth Equities, Dividend | 71 | 8.76% | 40.46B | Jun 2014 | IAT vs DGRO | |
| iShares Silver Trust | Silver, Precious Metals | 47 | 2.78% | 36.82B | Apr 2006 | IAT vs SLV | |
| iShares Gold Trust | Gold, Precious Metals | 32 | 2.98% | 69.92B | Jan 2005 | IAT vs IAU | |
| iShares Russell 2000 ETF | Small Cap Blend Equities | 62 | 17.07% | 80.93B | May 2000 | IAT vs IWM | |
| iShares MSCI ACWI ETF | Global Equities | 66 | 12.13% | 32.93B | Mar 2008 | IAT vs ACWI |
Often Compared With IAT
Investors most often compare IAT with KCE, MTB, PKW. These 20 comparison targets span 11 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