iShares U.S. Insurance ETF (IAK)
| 83.32 Delayed Data As of Jul 06 |  +0.36 / +0.43%Today’s Change | 74.36 Today|||52-Week Range 93.64 | -0.30% Year-to-Date |
Investment Objective
The investment seeks to track the investment results of the Dow Jones U.S. Select Insurance Index composed of U.S. equities in the insurance sector. The fund generally will invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents as well as in securities not included in the underlying index, but which BFA believes will help the fund track the index. The fund is non-diversified.
Latest IAK News
| Is Market Too Scared About a Hawkish Fed? Low P/E ETF Picks Jun 24 / Zacks.com - Paid Partner Content |
Performance
| 1 month | -3.41% | 3 years | +7.88% | |
| 3 months | -8.24% | 5 years | +8.44% | |
| 1 year | +9.67% | Since inception | +5.20% |
Data through 07/02/2022
Quote Details
| Previous close | $82.96 |
| Open day’s range | 82.34 – 83.75 |
| Net asset value (NAV) | 84.25 (07/01/2022) |
| Daily volume | 78,188 |
| Average volume (3 months) | 77,329 |
Data as of 4:00pm ET, 07/06/2022
Peer Comparisonvs. Financial ETFs
| IAK | Category | |
|---|---|---|
| Performance 5-yr return | +8.44% | +9.72% |
| Expense Gross exp ratio | 0.42% | 1.18% |
| Risk 5 year sharpe ratio | 0.54 | 0.44 |
| Net assets | $314.0M | $1.4B |
| Average market cap | $27.1B | $54.5B |
| Average P/E | 10.6 | 11.5 |
| Dividend / Share | -- | 0.51% |
Competitors
| KCE SPDR® S&P Capital Markets ETF |
| XLF Financial Select Sector SPDR® Fund |
| FNCL Fidelity MSCI Financials Index ETF |
Holdings
Top 5 SectorsPortfolio weighting
| Financial service | 99.84% |
| Industrial materials | 0.16% |
| Business service | 0.00% |
| Consumer goods | 0.00% |
| Consumer service | 0.00% |
Top 10 HoldingsPortfolio weighting
| -- | 12.10% |
| PGR Progressive Corp | 9.88% |
| MET Metlife | 6.35% |
| AIG AIG | 5.93% |
| TRV Travelers Companies Inc | 5.90% |
| AJG Arthur J. Gallagher & Co. | 4.76% |
| ALL Allstate | 4.60% |
| AFL Aflac Inc | 4.46% |
| PRU Prudential | 4.31% |
| HIG Hartford Financial Services Group Inc | 3.29% |
