Core Insights - The iShares U.S. Regional Banks ETF (IAT) provides broad exposure to the Financials - Regional Banks segment and is passively managed, appealing to both retail and institutional investors [1][2] - The ETF has over $600.95 million in assets and aims to match the performance of the Dow Jones U.S. Select Regional Banks Index [3][4] Fund Details - The ETF has an annual operating expense ratio of 0.4% and a 12-month trailing dividend yield of 3% [5] - It offers 100% exposure to the Financials sector, with PNC Financial Services Group Inc (PNC) being the largest holding at approximately 13.99% of total assets [6][7] Performance Metrics - As of August 6, 2025, the ETF has experienced a year-to-date loss of about 0.03% but is up approximately 16.98% over the past year [8] - The ETF has a beta of 0.94 and a standard deviation of 30.55% over the trailing three-year period, indicating a higher risk profile [8] Alternatives - The iShares U.S. Regional Banks ETF holds a Zacks ETF Rank of 3 (Hold), suggesting it is a viable option for investors seeking exposure to the Financials ETFs [9] - Other alternatives include the Invesco KBW Regional Banking ETF (KBWR) and the SPDR S&P Regional Banking ETF (KRE), with respective assets of $49.57 million and $3.25 billion [10]