IAK — iShares U.S. Insurance ETF
Financial Ranked #139 of 458 tracked ETFs · Issued by iShares
IAK Price Performance — Growth of $10,000
Value of a $10,000 investment in IAK over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.
IAK Drawdown
The "underwater" chart: IAK's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.
What If You'd Invested in IAK?
See what a lump sum in IAK would have grown to, with the option to add a regular monthly contribution on top. Figures use total returns — dividends are assumed reinvested.
Past performance doesn't predict future results. Assumes contributions on the first trading day of each month, no trading costs or taxes, and reinvested distributions. History is limited to the range published in the site's daily return data.
Overview
The iShares U.S. Insurance ETF (IAK) is a Financial sector fund managed by iShares with $422 million in assets under management. It currently holds an overall rank of #139 out of 458 tracked ETFs across all categories and has received an ETFValuer grade of B with a score of 67.7 out of 100. The fund charges an expense ratio of 0.38% and offers a dividend yield of 2.54%. Trading at a price of $152.07, the asset size suggests a moderate level of investor adoption relative to the broader market. This fund operates within a category containing 9 ETFs tracked by ETFValuer. Its positioning reflects a specific focus on the insurance sub-sector within the larger financial industry. The combination of its grade and rank indicates a middle-tier standing among the available options in the database.
IAK has demonstrated a strong upward trajectory across most measured time horizons, starting with a 1-day return of +2.01% and a 1-week gain of +4.39%. The momentum accelerated significantly over the first quarter with a 3-month return of +15.53% and a 6-month return of +17.82%. Year-to-date performance stands at +14.69%, while the 1-year return reached +20.60%. The long-term trend shows substantial growth, with the 3-year return totaling +76.64%. This pattern indicates consistent appreciation over the medium to long term, though the 1-month return of +7.50% suggests a slight deceleration compared to the 3-month period. The data reflects a generally positive performance history without extreme short-term volatility in the returns themselves.
The fund carries a Moderate volatility label and a beta of 0.35, indicating that its price movements are less sensitive to broader market fluctuations than the average asset. A Sharpe ratio of 0.98 suggests that the returns generated have been efficient relative to the risk taken during the measurement period. The maximum drawdown recorded for the fund is -11.58%, which represents the largest peak-to-trough decline experienced by investors. This combination of a low beta and moderate volatility implies the fund tends to move less aggressively than the general market in both up and down conditions. The Sharpe ratio further supports the view that the fund has provided reasonable compensation for the level of risk involved. The maximum drawdown figure provides a concrete limit on the historical downside risk investors have faced.
AI-generated summary based on the data on this page.
IAK Top Holdings
| # | Holding | % of Net Assets | Value |
|---|---|---|---|
| 1 | Chubb Limited | 13.67% | $51M |
| 2 | THE PROGRESSIVE CORPORATION | 13.40% | $50M |
| 3 | The Travelers Companies, Inc. | 7.27% | $27M |
| 4 | THE ALLSTATE CORPORATION | 6.22% | $23M |
| 5 | METLIFE, INC. | 4.55% | $17M |
| 6 | AFLAC INCORPORATED | 4.52% | $17M |
| 7 | THE HARTFORD INSURANCE GROUP, INC. | 4.51% | $17M |
| 8 | AMERICAN INTERNATIONAL GROUP, INC. | 4.35% | $16M |
| 9 | ARCH CAPITAL GROUP LTD. | 4.10% | $15M |
| 10 | PRUDENTIAL FINANCIAL, INC. | 4.07% | $15M |
Holdings as of 2026-03-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 66.7% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how IAK's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.
Which Funds Overlap With IAK
Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with IAK's top 10 — USMV overlaps most, holding 1 of the same companies as IAK's top 10 (13.7% of IAK's assets).
| ETF | Name | Shared Companies | IAK Weight | Examples |
|---|---|---|---|---|
| USMV | iShares MSCI USA Min Vol Factor ETF | 1 | 13.7% | Chubb Limited |
| HDV | iShares Core High Dividend ETF | 1 | 13.4% | THE PROGRESSIVE CORPORATION |
| PSK | State Street SPDR ICE Preferred Securities ETF | 1 | 6.2% | THE ALLSTATE CORPORATION |
| SUSA | iShares ESG Optimized MSCI USA ETF | 1 | 4.5% | THE HARTFORD INSURANCE GROUP, INC. |
| DVY | iShares Select Dividend ETF | 1 | 4.1% | PRUDENTIAL FINANCIAL, INC. |
Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.
Market Backdrop
10-Year Treasury Yield: 4.65% (as of 2026-07-27) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.
CBOE Volatility Index (VIX): 18.67 (as of 2026-07-27) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.
Federal Funds Rate: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.
What IAK's Fees Cost You
IAK charges an expense ratio of 0.38% a year, deducted automatically from the fund's value. Small percentages compound into real money — adjust the figures below to see the impact on your own numbers.
Assumes a constant gross return and no additional contributions — a simplification, but it isolates exactly what the expense ratio costs. Try the full fee calculator to model contributions and compare any two funds.
IAK Dividend Income Estimator
IAK currently yields 2.54%. Enter an amount to see the income that implies, or set a monthly income target to see the investment it would take.
Based on the fund's current trailing yield, which varies with price and distributions — treat it as an estimate, not a guarantee. Yields are not adjusted for tax.
IAK Liquidity, Domicile & Tax Treatment
Liquidity: Quoted bid/ask spread is — and average daily volume is 81K/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $422M provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.
Domicile & tax treatment: IAK is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.
IAK Performance History
| Period | Return |
|---|---|
| 1-Day | +2.01% |
| 1-Week | +4.39% |
| 1-Month | +7.50% |
| 3-Month | +15.53% |
| 6-Month | +17.82% |
| YTD | +14.69% |
| 1-Year | +20.60% |
| 3-Year | +76.64% |
How IAK Compares to Other Financial ETFs
| Rank | Grade | Ticker | Name | 1-Year | Exp. Ratio | AUM |
|---|---|---|---|---|---|---|
| #87 | B |
KBWB | Invesco KBW Bank ETF | +32.20% | 0.35% | $6.51B |
| #139 | B |
IAK | iShares U.S. Insurance ETF | +20.60% | 0.38% | $422M |
| #170 | B |
XLF | State Street Financial Select Sector SPDR ETF | +9.46% | 0.08% | $51.4B |
| #194 | C |
KRE | State Street SPDR S&P Regional Banking ETF | +27.01% | 0.35% | $4.74B |
| #209 | C |
VFH | Vanguard Financials Index Fund ETF Shares | +10.10% | 0.09% | $13.8B |
| #225 | C |
KBE | State Street SPDR S&P Bank ETF | +24.66% | 0.35% | $1.48B |
| #266 | C |
IYF | iShares U.S. Financials ETF | +12.29% | 0.38% | $3.90B |
| #267 | C |
FNCL | Fidelity MSCI Financials Index ETF | +10.04% | 0.084% | $2.23B |
| #378 | C |
IAI | iShares U.S. Broker-Dealers & Securities Exchanges ETF | +8.68% | 0.38% | $1.33B |