KBWPvsIATETF Comparison
VS
Invesco KBW Property & Casualty Insurance ETF (KBWP) and iShares U.S. Regional Banks ETF (IAT) belong to the same industry segment: US Financials. KBWP's top 2 sector exposures are Finance and Business Services. In contrast, IAT's top sector exposures are Finance and Non-Corporate. KBWP is less expensive with a Total Expense Ratio (TER) of 0.35%, versus 0.37% for IAT. KBWP is up 9.1% year-to-date (YTD) with -$14M in YTD flows. IAT performs better with 10.45% YTD performance, and +$9M in YTD flows. Run a side-by-side ETF comparison of KBWP 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.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
KBWP vs IAT performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/26/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | KBWP IAT | +10.67%+3.23% | +0.66%-5.12% | +9.10%+10.45% | +17.97%+22.84% | +66.39%+106.02% | +87.18%+7.01% |
| Flows | KBWP IAT | -$6M+$3M | +$27M+$9M | -$14M+$9M | -$166M-$23M | +$16M-$278M | +$79M-$508M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | KBWP IAT | +18.13%+16.98% | +18.14%+20.42% | +17.99%+25.36% | +18.80%+28.54% |
| Max drawdown | KBWP IAT | -12.06%-13.57% | -12.06%-17.47% | -12.30%-29.31% | -16.98%-55.51% |
| Max drawdown duration | KBWP IAT | 90d71d | 90d136d | 123d379d | 235d1478d |
Trading data
KBWP | IAT | |
Last sale 10/27/2026 at 1:30 PM | $134.99 | $59.85 |
| Previous close 10/26/2026 | $136.72 | $59.80 |
| Consolidated volume 10/26/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of September 30, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
KBWP | IAT | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 10/27/2026 at 1:30 PM
Live
Closed
KBWP | IAT | |
|---|---|---|
| Last price | $134.99 | $59.85 |
| 1D performance | -1.27% | +0.08% |
| AuM | $297.96 M | $639.94 M |
| E/R | 0.35% | 0.37% |
Advertisement
Exposure
Countries
KBWP
USA
67.14%
Bermuda
13.1%
Ireland
7.61%
Switzerland
7.47%
Other
4.68%
IAT
USA
98.05%
Other
1.95%
Sectors
KBWP
Finance
90.38%
Business Services
9.62%
Other
-0%
IAT
Finance
99.85%
Other
0.15%
Advertisement
Diversification
KBWP
Total weight of top 15 holdings out of 15
80.09%
IAT
Total weight of top 15 holdings out of 15
81.76%
Top 15 holdings
Data as of August 31, 2026
KBWP
The Travelers Cos., Inc.
8.71%
Marsh & McLennan Cos., Inc.
8.18%
The Progressive Corp.
7.87%
Aon Plc
7.61%
Chubb Ltd.
7.47%
Willis Towers Watson Plc
4.68%
Arthur J. Gallagher & Co.
4.45%
Brown & Brown, Inc.
4.37%
The Allstate Corp.
4.30%
Everest Group Ltd.
3.82%
Arch Capital Group Ltd.
3.80%
Cincinnati Financial Corp.
3.77%
The Hartford Insurance Group, Inc.
3.73%
W.R. Berkley Corp.
3.70%
Assurant, Inc.
3.62%
IAT
The PNC Financial Services Group, Inc.
15.08%
U.S. Bancorp
14.98%
Truist Financial Corp.
9.68%
Fifth Third Bancorp
6.32%
Citizens Financial Group, Inc. (Rhode Island)
4.70%
M&T Bank Corp.
4.64%
Huntington Bancshares, Inc.
4.40%
Regions Financial Corp.
4.29%
First Citizens BancShares, Inc. (North Carolina)
3.39%
KeyCorp
3.35%
East West Bancorp, Inc.
2.92%
Pinnacle Financial Partners, Inc.
2.53%
First Horizon Corp. (Tennessee)
1.94%
Popular, Inc.
1.83%
SouthState Bank Corp.
1.72%
Frequently asked questions about KBWP and IAT
How have the KBWP and IAT ETFs performed in 2026?
As of October 26, 2026, KBWP is up 9.1% year-to-date (YTD), while IAT has returned 10.45%. That puts IAT better performer ahead so far this year.
Which ETF is attracting more investor money: KBWP or IAT?
Year-to-date, the KBWP ETF saw -$14M in flows, compared to +$9M for IAT.
Which ETF is more volatile: KBWP or IAT?
Over the past year, KBWP had a volatility of 18.14%, while IAT experienced 20.42%.
Which ETF is bigger: KBWP or IAT?
As of October 26, 2026, KBWP holds $297.96 M in assets under management (AUM), while IAT manages $639.94 M.
What sectors do the KBWP and IAT ETFs invest in?
KBWP leans toward sectors like Finance and Business Services. Meanwhile, IAT focuses on Finance.
What are the top holdings of the KBWP ETF and IAT ETF?
KBWP top holdings include The Travelers Cos., Inc., Marsh & McLennan Cos., Inc. and The Progressive Corp.. IAT holds in its top three: The PNC Financial Services Group, Inc., U.S. Bancorp and Truist Financial Corp..
Which ETF is more diversified: KBWP or IAT?
KBWP holds 24 securities with 80.09% of its assets in the top 15. IAT has 31 securities and a top 15 weight of 81.76%.
Advertisement
Latest news about KBWP & IAT
Financials Gain Momentum
March 25, 2024
IAT
Regional Bank Stocks Bounce Back After a Tough Start to the Year
March 11, 2024
IAT
Regional Bank Crisis: The NYCB Effect and Market Fallout
February 5, 2024
IAT
The Top Three Moments That Moved ETF Markets in 2023
January 3, 2024
IAT
Advertisement
Regional Bank Stocks Fall After Downbeat Interest Income Forecasts
November 28, 2023
IAT
Regional Bank Stocks Fall After Downbeat Interest Income Forecasts
November 28, 2023
IAT
Insurance Investments Unveiled: Trends, ETFs, and the Changing Risk Landscape
October 31, 2023
KBWP
Regional Banks Under Pressure
August 21, 2023
IAT
Advertisement
