iShares U.S. Regional Banks ETF (IAT) is a financial sector ETF. As of October 9, 2026, ETF Copilot scores IAT 3.2 out of 10 — highest on Value (7.6), lowest on Quality (0.7). It trades at 11.6 times earnings, against its own median of 12.1. Its ten largest holdings are 69% of the fund.
What stands out in IAT's data
U.S. regional banks, tracked through a core index.
Its return on equity trails the typical financials fund.
Return on equity is 11.3%, below the category median of 16.9%.
A satellite sleeve on regional lenders, adding a focused bet to a broad financials position.
Why did IAT move this week? It fell 1.1% in the week to October 9, 2026 — PNC Financial Services and US Bancorp drove it
IAT fell 1.1% in the week to October 9, 2026. The holdings that moved it most were PNC Financial Services (−0.8%), US Bancorp (−0.7%) and Truist Financial (−0.7%).
How is IAT rated? ETF Copilot scores iShares U.S. Regional Banks ETF (IAT) 3.2 out of 10
As of October 9, 2026, ETF Copilot scores iShares U.S. Regional Banks ETF (IAT) 3.2 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 3.2 / 10
- Growth: 3.7 / 10
- Value: 7.6 / 10
- Risk: 0.9 / 10
- Quality: 0.7 / 10
- Return: 3.2 / 10
Is IAT expensive right now? It trades at 11.6 times earnings, against its own median of 12.1
As of October 9, 2026, IAT is cheaper than 68% of its own last 9 years.
Trailing 12 months, built from IAT's holdings. How we calculate this →
What's inside IAT?
What's inside IAT: Size (Large 49%, Mid 49%, Small 2%); Geography (International 0%, US 100%).
What are IAT's top holdings? The ten largest are 69% of the fund
US Bancorp, PNC Financial Services, Truist Financial, Fifth Third Bancorp, Citizens Financial, Huntington Bancshares, M&T Bank, Regions Financial, First Citizens Bancshares and Keycorp are IAT's largest holdings, in that order.
More concentrated than 93% of Financials ETFs.
Half of IAT's weight sits in its 6 largest positions, and once those weights are taken into account it behaves like 14 equally weighted holdings.
What is IAT's expense ratio? 0.37% a year
As of October 9, 2026, IAT charges 0.37% a year, yields 2.88% and holds $604M in assets across 33 positions.
| Measure | IAT |
|---|---|
| Expense ratio | 0.37% |
| Dividend yield | 2.88% |
| Assets under management | $604M |
| Holdings | 33 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “iShares U.S. Regional Banks ETF (IAT) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/iat
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