IATiShares U.S. Regional Banks ETF
IAT Fund Description
IAT tracks the performance of an index of small- and midcap regional banks.
IAT Factset Analytics Insight
IAT specifically targets small- and midcap regional banks, creating a portfolio with a significant small-cap tilt compared to the broader banking market. Like the sector itself, this fund is extremely concentrated. IAT's underlying index selects from the small and midsize stocks of the Dow Jones U.S. Bank Index: It excludes mega-caps such as JP Morgan and Wells Fargo from the get-go. A company is also excluded if its three-year average total assets account for more than 5% of the three-year average total assets of the index selection universe. This size caveat aside, IAT offers market-like exposure as nearly all of its holdings overlap with our neutral benchmark. The index is market-cap-weighted and is rebalanced quarterly.
IAT MSCI ESG Analytics Insight
iShares U.S. Regional Banks ETF has an MSCI ESG Fund Rating of A based on a score of 6.20 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. iShares U.S. Regional Banks ETF ranks in the 52nd percentile within its peer group and in the 33th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
IAT MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
IAT Summary Data
IAT Portfolio Data
IAT Index Data
IAT Portfolio Management
IAT Tax Exposures
IAT Fund Structure
IAT Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of IAT. IAT is rated a 5 out of 5.
IAT Top 10 Holdings[View All]
IAT Economic Development
IAT Performance Statistics
IAT MSCI ESG Ratings
IAT Benchmark Comparison Summary
IAT Benchmark Comparison Market Cap Size