Regional banks as a sector have performed well in the last 3 months. The main three ETFs in this sector IAT, KRE, KBWR, QABA. Given that there is a possibility of rising interest rates, regional banks are the pure play for this scenario. These banks are more focused in disbursing loans.
When comparing them one a one month price return, KBWR tops the list giving consistent high returns as compared to its peers.
KBWR also is more volatile as compared to the its peers. However, the volatility is not very high as compared to peers.
However QABA, takes the high scores with 31.71% of its portfolio invested in stocks with P/B above its peers.
when comparing on a fundamentals
IAT is a good pick with average volatility and good Operating Margins.