ETF comparison

IATvsKBWB

Both Financials.

iShares U.S. Regional Banks ETF · Invesco KBW Bank ETF

Holdings overlap

Weighted by ISIN/CUSIP
38.7%

14 positions appear in both funds. Buying equal dollars of IAT and KBWB would leave roughly38.7%of each dollar exposed to the same underlying securities.

IAT only 60.9%Shared 38.7%KBWB only 61.3%
In IAT only
17 positions
Shared
14 positions
In KBWB only
11 positions

Side by side

IAT

iShares U.S. Regional Banks ETF

iShares · Financials

56composite / 100
Expense ratio
0.37%
Net assets
$641.5M
TTM yield
2.61%
Top-10 conc.
69.3%
KBWB

Invesco KBW Bank ETF

Invesco · Financials

69composite / 100
Expense ratio
0.35%
Net assets
$6.77B
TTM yield
1.93%
Top-10 conc.
61.5%

Sub-score comparison

63
Cost
65
80
Tax efficiency
82
48
Liquidity
93
15
Concentration
26
Tracking quality
IATsub-scoreKBWB

Tracking quality isn't part of the composite — seewhat we don't scorefor why.

Cost difference

KBWB is 2 bps cheaper than IAT. On a $100,000 position that's about $20/yr more in fees for IAT.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open thecost calculator pre-filled with IAT vs KBWB.

Top shared holdings

14 shared in total
#HoldingIn IATIn KBWBOverlap
1THE PNC FINANCIAL SERVICES GROUP, INC.14.94%3.90%3.90%
2FIFTH THIRD BANCORP6.39%3.78%3.78%
3U.S. BANCORP14.16%3.76%3.76%
4M&T BANK CORPORATION4.55%3.73%3.73%
5Truist Financial Corporation9.38%3.66%3.66%
6HUNTINGTON BANCSHARES INCORPORATED4.50%3.65%3.65%
7CITIZENS FINANCIAL GROUP, INC.4.61%3.17%3.17%
8REGIONS FINANCIAL CORPORATION4.18%2.90%2.90%
9KEYCORP3.44%2.78%2.78%
10EAST WEST BANCORP, INC.2.87%2.02%2.02%
11Pinnacle Financial Partners, Inc.2.46%1.77%1.77%
12FIRST HORIZON CORPORATION1.97%1.40%1.40%

Only in IAT

17 total
  • FIRST CITIZENS BANCSHARES, INC.3.14%
  • WEBSTER FINANCIAL CORPORATION2.01%
  • WINTRUST FINANCIAL CORPORATION1.76%
  • Popular, Inc.1.72%
  • UMB FINANCIAL CORPORATION1.65%
  • SOUTHSTATE BANK CORPORATION1.58%
  • CULLEN/FROST BANKERS, INC.1.57%
  • COMMERCE BANCSHARES, INC.1.27%
  • PROSPERITY BANCSHARES, INC.1.19%
  • VALLEY NATIONAL BANCORP1.13%

Only in KBWB

11 total
  • Morgan Stanley9.36%
  • Goldman Sachs Group, Inc. (The)8.94%
  • Bank of America Corp.7.76%
  • JPMorgan Chase & Co.7.47%
  • Wells Fargo & Co.7.13%
  • State Street Corp.4.53%
  • Bank of New York Mellon Corp. (The)4.39%
  • Citigroup Inc.4.28%
  • Northern Trust Corp.3.68%
  • Capital One Financial Corp.3.60%

Open IAT or KBWB at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodologyand funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see/methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.