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ETFs

iShares U.S. Regional Banks ETF

IAT
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
May 1, 2006
Expense Ratio
0.4%
Type
US Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$8,601,763
AUM
$627,346,770
Associated Index
Dow Jones US Select Regional Banks Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

USB
U.S. Bancorp.
14.38%
PNC
PNC Financial Services Group Inc
13.32%
TFC
Truist Financial Corporation
10.35%
MTB
M & T Bank Corp
5.7%
FCNCA
First Citizens Bancshares, Inc (NC) - Ordinary Shares - Class A
4.55%
FITB
Fifth Third Bancorp
4.49%
RF
Regions Financial Corp.
4.38%
HBAN
Huntington Bancshares, Inc.
4.17%
CFG
Citizens Financial Group Inc
3.5%
KEY
Keycorp
2.77%
Invest with IAT
Trade IAT Options

What is IAT?

The iShares Dow Jones U.S. Regional Banks Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of the Dow Jones U.S. Select Regional Banks Index.

1M
3M
6M
YTD
1Y
3Y
Max
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IAT
Performance Measures**

for the time period May 5, 2006 to Dec 4, 2025

Returns

1M Trailing Return: 9.1%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: -0.6%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -77.2%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 32.9%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.25

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.04

The annualized return divided by the max drawdown for the selected time period.

ETFs related toIAT

ETFs correlated to IAT include KBE, KRE, DPST

IAT
BlackRock Institutional Trust Company N.A. - iShares U.S. Regional Banks ETF
KBE
SPDR Series Trust - SPDR S&P Bank ETF
KRE
SPDR Series Trust - SPDR S&P Regional Banking ETF
DPST
Direxion Shares ETF Trust - Direxion Daily Regional Banks Bull 3X Shares
KBWB
Invesco Capital Management LLC - Invesco KBW Bank ETF
FXO
First Trust Exchange-Traded Fund III - First Trust Financials AlphaDEX Fund
BNKU
Bank of Montreal - MicroSectorsTM U.S. Big Banks Index 3X Leveraged ETNs
FNCL
Fidelity Covington Trust - Fidelity MSCI Financials Index ETF
VFH
Vanguard Group, Inc. - Vanguard Financials ETF
BSVO
EA Series Trust - EA Bridgeway Omni Small-Cap Value ETF
IYF
BlackRock Institutional Trust Company N.A. - iShares U.S. Financials ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

IAT is a US Equities ETF. The iShares Dow Jones U.S. Regional Banks Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of the Dow Jones U.S. Select Regional Banks Index.

IAT tracks the Dow Jones US Select Regional Banks Index.

No, IAT is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, IAT is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on IAT is -0.0218%. This is the percent change in the value of IAT over the most recent 1-month period. The 3-month return on IAT is 0.0361%. This is the percent change in the value of IAT over the most recent 3-month period.

The standard deviation of IAT for the past year is 0.3615%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to IAT include XLI, XLY, and XLV.

ETFs correlated to IAT include KBE, KRE, and DPST.

ETFs that are inversely correlated to IAT include BNKD, FAZ, and RWM.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.