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FXOvsIATETF Comparison

ETF 1

FXO

First Trust Financials AlphaDEX Fund ETF

This fund is part of

US Financials

+0.81%

Full FXO fund page

VS

ETF 2

IAT

iShares U.S. Regional Banks ETF

This fund is part of

US Financials

+0.81%

Full IAT fund page

First Trust Financials AlphaDEX Fund ETF (FXO) and iShares U.S. Regional Banks ETF (IAT) belong to the same industry segment: US Financials. FXO's top 3 sector exposures are Finance and Technology. In contrast, IAT's top sector exposures are Finance and Non-Corporate. FXO is more expensive with a Total Expense Ratio (TER) of 0.6%, versus 0.38% for IAT. FXO is up 9.1% year-to-date (YTD) with -$1.09B in YTD flows. IAT performs better with 16.94% YTD performance, and -$234K in YTD flows. Run a side-by-side ETF comparison of FXO and IAT below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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FXO vs IAT performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 07/24/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	FXO IAT	+5.41%+3.88%	+9.74%+11.54%	+9.10%+16.94%	+15.37%+26.58%	+68.64%+83.61%	+69.90%+33.32%
Flows	FXO IAT	+$10M+$6M	-$55M-$5M	-$1.09B-$234K	-$1.24B-$79M	-$245M-$357M	-$330M-$460M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	FXO IAT	+13.11%+20.88%	+15.40%+21.80%	+18.80%+26.02%	+22.02%+28.71%
Max drawdown	FXO IAT	-3.85%-6.09%	-11.66%-17.47%	-21.21%-29.31%	-29.07%-55.51%
Max drawdown duration	FXO IAT	43d39d	134d136d	260d379d	798d1478d

Trading data

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	FXO	IAT
Last sale 7/27/2026 at 1:30 PM	$65.52	$63.47
Previous close 07/24/2026	$65.04	$63.74
Consolidated volume 07/24/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of June 30, 2026

1-year trailing difference

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	FXO	IAT
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 7/27/2026 at 1:30 PM

Live

Closed

	FXO	IAT
Last price	$65.52	$63.47
1D performance	+0.74%	-0.42%
AuM	$1.12 B	$672.64 M
E/R	0.6%	0.38%

Characteristics

	FXO	IAT
Management strategy	Passive	Passive
Provider	First Trust	iShares
Benchmark	StrataQuant Financials Index	Dow Jones U.S. Select Regional Banks Index
N° of holdings	105	32
Asset class	Equities	Equities
Trailing 12m distribution yield	Join	Join
Inception date	May 8, 2007	May 1, 2006
ESG	No	No

More FXO data on Trackinsight

More IAT data on Trackinsight

Exposure

Countries

FXO

USA

89.38%

Bermuda

7.38%

Other

3.24%

IAT

USA

98.13%

Other

1.87%

Sectors

FXO

Finance

97.63%

Other

2.37%

IAT

Finance

99.75%

Other

0.25%

Diversification

FXO

Total weight of top 15 holdings out of 15

24.06%

IAT

Total weight of top 15 holdings out of 15

80.46%

Top 15 holdings

Data as of June 30, 2026

FXO

T. Rowe Price Group, Inc.

1.81%

The Hanover Insurance Group, Inc.

1.75%

Affiliated Managers Group, Inc.

1.71%

Cincinnati Financial Corp.

1.67%

First American Financial Corp.

1.64%

The Allstate Corp.

1.64%

Bank OZK

1.62%

SEI Investments Co.

1.61%

FactSet Research Systems, Inc.

1.59%

Everest Group Ltd.

1.54%

AGNC Investment Corp.

1.51%

AXIS Capital Holdings Ltd.

1.51%

MGIC Investment Corp.

1.50%

RenaissanceRe Holdings Ltd.

1.49%

Annaly Capital Management, Inc.

1.47%

IAT

The PNC Financial Services Group, Inc.

14.96%

U.S. Bancorp

14.19%

Truist Financial Corp.

9.39%

Fifth Third Bancorp

6.40%

Citizens Financial Group, Inc. (Rhode Island)

4.62%

M&T Bank Corp.

4.55%

Huntington Bancshares, Inc.

4.51%

Regions Financial Corp.

4.18%

KeyCorp

3.45%

First Citizens BancShares, Inc. (North Carolina)

3.14%

East West Bancorp, Inc.

2.87%

Pinnacle Financial Partners, Inc.

2.46%

Webster Financial Corp.

2.01%

First Horizon Corp. (Tennessee)

1.98%

Wintrust Financial Corp.

1.76%

Frequently asked questions about FXO and IAT

How have the FXO and IAT ETFs performed in 2026?

As of July 24, 2026, FXO is up 9.1% year-to-date (YTD), while IAT has returned 16.94%. That puts IAT better performer ahead so far this year.

Which ETF is attracting more investor money: FXO or IAT?

Year-to-date, the FXO ETF saw -$1.09B in flows, compared to -$234K for IAT.

Which ETF is more volatile: FXO or IAT?

Over the past year, FXO had a volatility of 15.4%, while IAT experienced 21.8%.

Which ETF is bigger: FXO or IAT?

As of July 24, 2026, FXO holds $1.12 B in assets under management (AUM), while IAT manages $672.64 M.

What sectors do the FXO and IAT ETFs invest in?

FXO leans toward sectors like Finance. Meanwhile, IAT focuses on Finance.

What are the top holdings of the FXO ETF and IAT ETF?

FXO top holdings include T. Rowe Price Group, Inc., The Hanover Insurance Group, Inc. and Affiliated Managers Group, Inc.. IAT holds in its top three: The PNC Financial Services Group, Inc., U.S. Bancorp and Truist Financial Corp..

FXOvsIATETF Comparison

First Trust Financials AlphaDEX Fund ETF

iShares U.S. Regional Banks ETF

FXO vs IAT performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the FXO and IAT ETFs performed in 2026?

As of July 24, 2026, FXO is up 9.1% year-to-date (YTD), while IAT has returned 16.94%. That puts IAT better performer ahead so far this year.

Which ETF is attracting more investor money: FXO or IAT?

Year-to-date, the FXO ETF saw -$1.09B in flows, compared to -$234K for IAT.

Which ETF is more volatile: FXO or IAT?

Over the past year, FXO had a volatility of 15.4%, while IAT experienced 21.8%.

Which ETF is bigger: FXO or IAT?

As of July 24, 2026, FXO holds $1.12 B in assets under management (AUM), while IAT manages $672.64 M.

What sectors do the FXO and IAT ETFs invest in?

FXO leans toward sectors like Finance. Meanwhile, IAT focuses on Finance.

What are the top holdings of the FXO ETF and IAT ETF?

FXO top holdings include T. Rowe Price Group, Inc., The Hanover Insurance Group, Inc. and Affiliated Managers Group, Inc.. IAT holds in its top three: The PNC Financial Services Group, Inc., U.S. Bancorp and Truist Financial Corp..

Which ETF is more diversified: FXO or IAT?

FXO holds 105 securities with 24.06% of its assets in the top 15. IAT has 32 securities and a top 15 weight of 80.46%.

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