ETF comparison

IAT vs KBWB

Both Financials.

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

Holdings overlap

Weighted by ISIN/CUSIP
43.4 %

13 positions appear in both funds. Buying equal dollars of IAT and KBWB would leave roughly 43.4% of each dollar exposed to the same underlying securities.

IAT only 56.2% Shared 43.4% KBWB only 57.0%
In IAT only
18 positions
Shared
13 positions
In KBWB only
11 positions

Side by side

IAT

iShares U.S. Regional Banks ETF

iShares · Financials

55 composite / 100
Expense ratio
0.38%
Net assets
$656.0M
TTM yield
2.53%
Top-10 conc.
69.2%
KBWB

Invesco KBW Bank ETF

Invesco · Financials

69 composite / 100
Expense ratio
0.35%
Net assets
$6.51B
TTM yield
1.89%
Top-10 conc.
60.8%

Sub-score comparison

62
Cost
65
80
Tax efficiency
82
49
Liquidity
92
15
Concentration
27
Tracking quality
IAT sub-score KBWB

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

KBWB is 3 bps cheaper than IAT. On a $100,000 position that's about $30/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 the cost calculator pre-filled with IAT vs KBWB.

Top shared holdings

13 shared in total
# Holding In IAT In KBWB Overlap
1 FIFTH THIRD BANCORP 6.07% 5.97% 5.97%
2 HUNTINGTON BANCSHARES INCORPORATED 4.43% 4.64% 4.43%
3 M&T BANK CORPORATION 4.50% 4.38% 4.38%
4 U.S. BANCORP 13.97% 4.28% 4.28%
5 THE PNC FINANCIAL SERVICES GROUP, INC. 14.52% 4.27% 4.27%
6 Truist Financial Corporation 10.03% 4.07% 4.07%
7 CITIZENS FINANCIAL GROUP, INC. 4.53% 3.52% 3.52%
8 REGIONS FINANCIAL CORPORATION 4.22% 3.38% 3.38%
9 KEYCORP 3.50% 3.08% 3.08%
10 EAST WEST BANCORP, INC. 2.74% 2.05% 2.05%
11 FIRST HORIZON CORPORATION 2.06% 1.59% 1.59%
12 WESTERN ALLIANCE BANCORPORATION 1.36% 1.20% 1.20%

Only in IAT

18 total
  • FIRST CITIZENS BANCSHARES, INC. 3.41%
  • PINNACLE FINANCIAL PARTNERS, INC. 2.42%
  • WEBSTER FINANCIAL CORPORATION 2.09%
  • WINTRUST FINANCIAL CORPORATION 1.73%
  • SOUTHSTATE BANK CORPORATION 1.71%
  • Popular, Inc. 1.64%
  • CULLEN/FROST BANKERS, INC. 1.61%
  • UMB FINANCIAL CORPORATION 1.50%
  • PROSPERITY BANCSHARES, INC. 1.26%
  • COMMERCE BANCSHARES, INC. 1.26%

Only in KBWB

11 total
  • Goldman Sachs Group, Inc. (The) 7.98%
  • Morgan Stanley 7.53%
  • JPMorgan Chase & Co. 7.36%
  • Wells Fargo & Co. 7.28%
  • Bank of America Corp. 7.13%
  • State Street Corp. 4.15%
  • Citigroup Inc. 4.08%
  • Bank of New York Mellon Corp. (The) 4.08%
  • Northern Trust Corp. 3.68%
  • Capital One Financial Corp. 3.43%

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 methodology and 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.