ETF comparison

IAT vs KBE

Both Financials.

iShares U.S. Regional Banks ETF · State Street SPDR S&P Bank ETF

Holdings overlap

Weighted by ISIN/CUSIP
30.3 %

31 positions appear in both funds. Buying equal dollars of IAT and KBE would leave roughly 30.3% of each dollar exposed to the same underlying securities.

IAT only 69.2% Shared 30.3% KBE only 69.5%
In IAT only
0 positions
Shared
31 positions
In KBE only
71 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%
KBE

State Street SPDR S&P Bank ETF

State Street · Financials

73 composite / 100
Expense ratio
0.35%
Net assets
$1.48B
TTM yield
2.11%
Top-10 conc.
11.0%

Sub-score comparison

62
Cost
65
80
Tax efficiency
81
49
Liquidity
64
15
Concentration
99
Tracking quality
IAT sub-score KBE

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

Cost difference

KBE 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 KBE.

Top shared holdings

31 shared in total
# Holding In IAT In KBE Overlap
1 UNITED BANKSHARES, INC. 1.09% 1.04% 1.04%
2 ZIONS BANCORPORATION, NATIONAL ASSOCIATION 1.59% 1.04% 1.04%
3 Popular, Inc. 1.64% 1.03% 1.03%
4 WINTRUST FINANCIAL CORPORATION 1.73% 1.02% 1.02%
5 FIFTH THIRD BANCORP 6.07% 1.02% 1.02%
6 F.N.B. CORPORATION 1.11% 1.02% 1.02%
7 VALLEY NATIONAL BANCORP 1.10% 1.02% 1.02%
8 CULLEN/FROST BANKERS, INC. 1.61% 1.02% 1.02%
9 CITIZENS FINANCIAL GROUP, INC. 4.53% 1.02% 1.02%
10 PROSPERITY BANCSHARES, INC. 1.26% 1.01% 1.01%
11 KEYCORP 3.50% 1.01% 1.01%
12 COMMERCE BANCSHARES, INC. 1.26% 1.01% 1.01%

Only in IAT

0 total

Every IAT position is also held by KBE.

Only in KBE

71 total
  • Flagstar Bank NA 1.06%
  • First BanCorp/Puerto Rico 1.05%
  • Apollo Global Management Inc 1.04%
  • Beacon Financial Corp 1.04%
  • Banc of California Inc 1.04%
  • WSFS Financial Corp 1.04%
  • Triumph Financial Inc 1.04%
  • Cathay General Bancorp 1.04%
  • Texas Capital Bancshares Inc 1.04%
  • Associated Banc-Corp 1.04%

Open IAT or KBE 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.