Invesco’s KBWB surpasses iShares’ IAT with $6 billion in assets, offering broader exposure to major U.S. banks and deeper liquidity.
Invesco KBW Bank ETF (NASDAQ:KBWB) holds over $6 billion in assets under management, exceeding the iShares U.S. Regional Banks ETF (NYSEMKT:IAT). The fund provides exposure to national money centers and diversified financial institutions, including Morgan Stanley (NYSE:MS) and Goldman Sachs (NYSE:GS).
KBWB tracks the KBW Nasdaq Bank Index, launched in 2011, with 26 holdings and a trailing-12-month dividend of $1.80 per share. IAT, by contrast, focuses on regional banks, offering a higher dividend yield of 2.8% but with less liquidity and a narrower portfolio.
The Invesco ETF’s broader diversification and larger asset base may appeal to investors seeking stability, while IAT targets those prioritizing income from regional banking stocks.