MarketPR
Financials ETF (IYF) has generated a 60% total return since 2021, significantly outpacing the 5% total return delivered by the iShares U.S. Regional Banks ETF (IAT) over the same period.
While the broader fund offers exposure to 143 holdings across banking, insurance, and investment firms, the regional banks fund concentrates on 30 institutions providing commercial and retail services in local markets.
Both funds charge an identical expense ratio of 0.37%, meaning an investor allocating $10,000 to either would pay $37 in annual management fees.
The performance gap stems from their distinct strategies: IYF targets a broad swath of financial services stocks, including mega-cap banks and asset managers, whereas IAT focuses exclusively on small- and mid-sized regional lenders.
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