IAT vs. KBE ETF Comparison

Comparison of iShares U.S. Regional Banks ETF (IAT) to SPDR S&P Bank ETF (KBE)

IAT

iShares U.S. Regional Banks ETF

IAT Description

The investment seeks to track the investment results of an index composed of U.S. equities in the regional banks sector. The fund generally invests at least 90% of its assets in securities of the index and in depositary receipts representing securities of the index. It seeks to track the investment results of the Dow Jones U.S. Select Regional Banks Index (the "underlying index"), which measures the performance of the regional bank sector of the U.S. equity market. The underlying index is a subset of the Dow Jones U.S. Bank Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$41.99

Average Daily Volume

226,308

Number of Holdings ^*

* may have additional holdings in another (foreign) market

KBE

SPDR S&P Bank ETF

KBE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of publicly traded national money centers and leading regional banks. In seeking to track the performance of the S&P Banks Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the banks industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$45.53

Average Daily Volume

2,471,682

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IAT	KBE
30 Days	0.43%	0.18%
60 Days	5.36%	3.85%
90 Days	0.01%	-0.80%
12 Months	29.39%	32.26%

34 Overlapping Holdings

Symbol	Grade	Weight in IAT	Weight in KBE	Overlap
BOKF	A	0.56%	0.65%	0.56%
BPOP	A	1.43%	1.44%	1.43%
CBSH	A	1.47%	1.25%	1.25%
CFG	A	3.66%	1.42%	1.42%
CFR	A	1.65%	1.49%	1.49%
CMA	A	1.56%	1.43%	1.43%
EWBC	B	2.39%	1.4%	1.4%
FCNCA	A	4.34%	1.48%	1.48%
FFIN	C	0.88%	0.68%	0.68%
FHN	B	1.87%	1.4%	1.4%
FITB	A	5.59%	1.41%	1.41%
FNB	B	1.1%	1.18%	1.1%
GBCI	C	0.96%	1.16%	0.96%
HBAN	A	4.44%	1.45%	1.45%
HOMB	B	1.04%	1.15%	1.04%
KEY	C	3.1%	1.43%	1.43%
MTB	A	4.62%	1.45%	1.45%
NYCB	F	0.52%	1.28%	0.52%
OZK	A	1.09%	1.42%	1.09%
PB	B	1.32%	1.41%	1.32%
PNC	A	13.89%	1.46%	1.46%
PNFP	C	1.39%	1.42%	1.39%
RF	B	4.02%	1.44%	1.44%
SNV	C	1.2%	1.39%	1.2%
SSB	C	1.36%	1.37%	1.36%
TFC	A	11.47%	1.43%	1.43%
UBSI	D	1.05%	1.05%	1.05%
UMBF	B	0.82%	0.84%	0.82%
USB	C	14.12%	1.42%	1.42%
VLY	D	0.76%	1.36%	0.76%
WAL	C	1.46%	1.38%	1.38%
WBS	D	1.74%	1.4%	1.4%
WTFC	B	1.37%	1.45%	1.37%
ZION	B	1.39%	1.41%	1.39%

IAT Overweight 1 Positions Relative to KBE

	Symbol	Grade	Weight
	TFSL	D	0.14%

IAT Underweight 57 Positions Relative to KBE

Symbol	Grade	Weight
CRBG	B	-1.65%
JXN	A	-1.63%
EQH	A	-1.59%
RDN	C	-1.5%
WFC	A	-1.49%
C	A	-1.49%
APO	B	-1.49%
MTG	C	-1.48%
COOP	A	-1.47%
VOYA	D	-1.47%
NTRS	B	-1.46%
BK	A	-1.46%
BAC	A	-1.46%
JPM	B	-1.44%
AX	B	-1.43%
ASB	B	-1.42%
CADE	B	-1.42%
BANC	C	-1.4%
ONB	B	-1.39%
COLB	C	-1.34%
TCBI	D	-1.29%
ESNT	C	-1.27%
BKU	B	-1.26%
WD	C	-1.07%
BOH	C	-1.03%
HWC	A	-1.02%
PFSI	B	-1.02%
FBP	A	-0.95%
ABCB	B	-0.92%
FIBK	B	-0.88%
TBBK	D	-0.84%
UCBI	C	-0.79%
FULT	B	-0.77%
FHB	B	-0.74%
CVBF	D	-0.74%
NMIH	B	-0.73%
INDB	C	-0.67%
CBU	D	-0.63%
WSFS	A	-0.62%
PPBI	D	-0.59%
IBOC	A	-0.55%
SFBS	C	-0.54%
CATY	F	-0.5%
EBC	D	-0.49%
SBCF	D	-0.49%
AUB	D	-0.48%
HTH	D	-0.48%
IBTX	F	-0.45%
WAFD	B	-0.45%
SFNC	D	-0.44%
BANR	C	-0.42%
FRME	B	-0.39%
FFBC	B	-0.37%
TRMK	A	-0.35%
RNST	C	-0.34%
LKFN	C	-0.32%
WSBC	D	-0.25%

IAT: Top Represented Industries & Keywords

Industries: Banks - Regional - US Banks - Global Savings & Cooperative Banks