iShares U.S. Financials ETF (IYF) 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 IYF. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to IYF
IYF charges 0.38% 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% | 57.61B | Dec 1998 | IYF vs XLF | |
| Fidelity MSCI Financials Index ETF | 0.08% | 2.23B | Oct 2013 | IYF vs FNCL | |
| Vanguard Financials ETF | 0.09% | 13.90B | Jan 2004 | IYF vs VFH | |
| Gabelli Financial Services Opportunities ETF | 0.10% | 50.20M | May 2022 | IYF vs GABF | |
| VanEck Financials TruSector ETF | 0.10% | 593.86K | Apr 2026 | IYF vs TRUF |
Best Risk-Adjusted Alternatives to IYF
IYF has a PortfoliosLab risk / return rank of 30. There are 18 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 | IYF vs HSBH | |
| Themes Global Systemically Important Banks ETF | 90 | 48.36M | Dec 2023 | IYF vs GSIB | |
| iShares MSCI Europe Financials ETF | 74 | 4.20B | Jan 2010 | IYF vs EUFN | |
| Invesco S&P SmallCap Financials ETF | 67 | 27.49M | Apr 2010 | IYF vs PSCF | |
| Invesco KBW Bank ETF | 65 | 6.70B | Nov 2011 | IYF vs KBWB |
Top Performing IYF Alternatives (YTD)
IYF is at 5.27% YTD. There are 25 ETFs in the Financials Equities category with higher YTD returns, going as high as 38.03%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| HSBC Holdings plc ADRhedged ETF | 38.03% | 5.04M | Oct 2024 | IYF vs HSBH | |
| First Trust NASDAQ ABA Community Bank Index Fund | 23.18% | 93.23M | Jun 2009 | IYF vs QABA | |
| Themes Global Systemically Important Banks ETF | 22.66% | 48.36M | Dec 2023 | IYF vs GSIB | |
| Portfolio Building Block European Banks Index ETF | 21.81% | 438.81M | Nov 2025 | IYF vs PBEU | |
| SPDR S&P Regional Banking ETF | 18.73% | 4.62B | Jun 2006 | IYF vs KRE |
Lowest Volatility Alternatives to IYF
IYF has 14.67% 1-year volatility. There are 4 ETFs in the Financials Equities category with lower 1-year volatility, going as low as 11.88%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Financial Select Sector SPDR Premium ... | 11.88% | 7.51M | Jul 2025 | IYF vs XLFI | |
| iShares MSCI Kuwait ETF | 13.36% | 68.36M | Sep 2020 | IYF vs KWT | |
| VanEck Financials TruSector ETF | 13.53% | 593.86K | Apr 2026 | IYF vs TRUF | |
| iShares Global Financials ETF | 14.12% | 690.89M | Nov 2001 | IYF vs IXG | |
| State Street Financial Select Sector SPDR ETF | 14.77% | 57.61B | Dec 1998 | IYF vs XLF |
Lowest Drawdown Alternatives to IYF
IYF has a 1-year max drawdown of -13.88%. There are 11 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 | IYF vs IAK | |
| Invesco KBW Property & Casualty Insurance ETF | -9.56% | 272.55M | Dec 2010 | IYF vs KBWP | |
| Invesco S&P SmallCap Financials ETF | -9.91% | 27.49M | Apr 2010 | IYF vs PSCF | |
| iShares Global Financials ETF | -11.33% | 690.89M | Nov 2001 | IYF vs IXG | |
| iShares MSCI Kuwait ETF | -11.54% | 68.36M | Sep 2020 | IYF 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 | 2.11% | 99.95B | May 2020 | IYF vs SGOV | |
| iShares Bitcoin Trust ETF | Cryptocurrency | 1 | -28.22% | 46.52B | Jan 2024 | IYF vs IBIT | |
| iShares Semiconductor ETF | Semiconductors, Technology Equities | 90 | 67.84% | 44.69B | Jul 2001 | IYF vs SOXX | |
| iShares Core S&P 500 ETF | S&P 500 | 67 | 10.13% | 869.20B | May 2000 | IYF vs IVV | |
| iShares Core Dividend Growth ETF | Large Cap Growth Equities, Dividend | 91 | 13.39% | 42.77B | Jun 2014 | IYF vs DGRO | |
| iShares 20+ Year Treasury Bond ETF | Government Bonds, Long-Term Bond | 9 | -3.49% | 41.54B | Jul 2002 | IYF vs TLT | |
| iShares Silver Trust | Silver, Precious Metals | 36 | -18.72% | 28.08B | Apr 2006 | IYF vs SLV | |
| iShares Gold Trust | Gold, Precious Metals | 30 | -6.16% | 59.74B | Jan 2005 | IYF vs IAU | |
| iShares Russell 2000 ETF | Small Cap Blend Equities | 79 | 18.79% | 80.11B | May 2000 | IYF vs IWM | |
| iShares MSCI ACWI ETF | Global Equities | 71 | 11.28% | 32.49B | Mar 2008 | IYF vs ACWI |
Often Compared With IYF
Investors most often compare IYF with IYG, KBE, FTXO. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare IYF with Any Fund or Stock
Compare IYF with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair IYF with funds that move differently
iShares U.S. Financials ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to IYF.
Explore IYF Diversifiers