ETF comparison
IAT vs KBWB
Both Financials.
Holdings overlap
14 positions appear in both funds. Buying equal dollars of IAT and KBWB would leave roughly 38.9% of each dollar exposed to the same underlying securities.
Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for 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 the cost calculator pre-filled with IAT vs KBWB.
Top shared holdings
14 shared in total| # | Holding | In IAT | In KBWB | Overlap |
|---|---|---|---|---|
| 1 | U.S. BANCORP | 14.16% | 4.10% | 4.10% |
| 2 | THE PNC FINANCIAL SERVICES GROUP, INC. | 14.94% | 3.96% | 3.96% |
| 3 | FIFTH THIRD BANCORP | 6.39% | 3.93% | 3.93% |
| 4 | M&T BANK CORPORATION | 4.55% | 3.82% | 3.82% |
| 5 | Truist Financial Corporation | 9.38% | 3.75% | 3.75% |
| 6 | HUNTINGTON BANCSHARES INCORPORATED | 4.50% | 3.72% | 3.72% |
| 7 | CITIZENS FINANCIAL GROUP, INC. | 4.61% | 3.24% | 3.24% |
| 8 | REGIONS FINANCIAL CORPORATION | 4.18% | 2.84% | 2.84% |
| 9 | KEYCORP | 3.44% | 2.61% | 2.61% |
| 10 | EAST WEST BANCORP, INC. | 2.87% | 1.94% | 1.94% |
| 11 | Pinnacle Financial Partners, Inc. | 2.46% | 1.68% | 1.68% |
| 12 | FIRST HORIZON CORPORATION | 1.97% | 1.28% | 1.28% |
Only in IAT
17 total- FIRST CITIZENS BANCSHARES, INC. 3.14%
- WEBSTER FINANCIAL CORPORATION 2.01%
- WINTRUST FINANCIAL CORPORATION 1.76%
- Popular, Inc. 1.72%
- UMB FINANCIAL CORPORATION 1.65%
- SOUTHSTATE BANK CORPORATION 1.58%
- CULLEN/FROST BANKERS, INC. 1.57%
- COMMERCE BANCSHARES, INC. 1.27%
- PROSPERITY BANCSHARES, INC. 1.19%
- VALLEY NATIONAL BANCORP 1.13%
Only in KBWB
11 total- Bank of America Corp. 8.76%
- JPMorgan Chase & Co. 8.68%
- Wells Fargo & Co. 8.13%
- Morgan Stanley 7.49%
- Goldman Sachs Group, Inc. (The) 7.30%
- State Street Corp. 4.49%
- Bank of New York Mellon Corp. (The) 4.22%
- Capital One Financial Corp. 4.17%
- Northern Trust Corp. 3.83%
- Citigroup Inc. 3.82%
Related comparisons
More comparisons with IAT
- IAT vs KRE · State Street SPDR S&P Regional Banking ETF 30.9%
- IAT vs KBE · State Street SPDR S&P Bank ETF 29.3%
- IAT vs IYG · iShares U.S. Financial Services ETF 9.3%
- IAT vs FNCL · Fidelity MSCI Financials Index ETF 7.4%
- IAT vs VFH · Vanguard Financials Index Fund ETF Shares 7.0%
- IAT vs XLF · State Street Financial Select Sector SPDR ETF 6.0%
More comparisons with KBWB
- KBWB vs XLF · State Street Financial Select Sector SPDR ETF 37.3%
- KBWB vs FNCL · Fidelity MSCI Financials Index ETF 34.2%
- KBWB vs VFH · Vanguard Financials Index Fund ETF Shares 33.7%
- KBWB vs IXG · iShares Global Financials ETF 20.3%
- KBWB vs KBE · State Street SPDR S&P Bank ETF 19.5%
- KBWB vs KRE · State Street SPDR S&P Regional Banking ETF 12.6%
Percentages are holdings overlap with the named fund.
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.