IAT
iShares U.S. Regional Banks ETF
📎 Investment Objective
The iShares U.S. Regional Banks ETF (IAT) seeks to track the investment results of an index composed of U.S. regional banks and thrifts.
Overview
ETF tracking iShares U.S. Regional Banks ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The iShares U.S. Regional Banks ETF (IAT) seeks to track the investment results of an index composed of U.S. regional banks and thrifts.
🎯 Investment Strategy
The ETF employs a passive management (or index-tracking) strategy designed to track the performance of the S&P United States Regional Banks Index. The fund generally invests at least 90% of its assets in the securities of the underlying index and in depositary receipts representing securities in the underlying index.
✨ Key Features
- Provides exposure to U.S. regional banks and thrifts
- Passively tracks the S&P United States Regional Banks Index
- Low expense ratio of 0.00%
- Relatively small fund with $0 in assets under management
⚠️ Primary Risks
- Concentration risk as the fund is focused on a specific sector (regional banks)
- Potential volatility due to the specialized nature of the underlying holdings
- Liquidity risk due to the small size of the fund
- Lack of long-term performance history to evaluate
👤 Best For
This ETF may be suitable for investors seeking targeted exposure to the U.S. regional banking sector as part of a diversified portfolio. However, due to the small size and lack of performance history, it may be more appropriate for experienced investors with a higher risk tolerance.