IAI

iShares U.S. Broker-Dealers & Securities Exchanges ETF
A

75
*Unless otherwise stated, data provided by FactSet.

IAI Fund Description

IAI tracks a market-cap-weighted index of investment service providers as well as securities and commodities exchanges.

IAI Factset Analytics Insight

IAI delivers a tight focus on US broker-dealers in a large and liquid package. The fund captures a subset of the investment banking & services index that we use as a benchmark, bypassing investment management firms as it focuses squarely on broker-dealers and trading firms. While its selection universe is smaller than our benchmark, the fund avoids fancy methodology and simply weights the portfolio by market cap. A concentrated fund to begin with (less than a few dozen firms comprise its portfolio), well over half of IAI's assets are held in its top ten holdings. The fund trades fairly well at all sizes: the underlying securities are liquid, and volumes are decent on the secondary market with small spreads. IAI isn't cheap, but its tracking has been reasonably tight, making holding costs a bit more tolerable.

IAI MSCI ESG Analytics Insight

The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of December 13, 2018 the iShares U.S. Broker-Dealers & Securities Exchanges ETF MSCI ESG Fund Quality Score is 4.23 out of 10.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. IAI ranks in the 15th percentile within its peer group and in the 12nd percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.

IAI CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 12/13/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
IAI -5.68% -9.57% -7.22% -6.95% 14.22% 10.66% 13.65%
IAI (NAV) -5.66% -9.59% -7.09% -6.83% 14.21% 10.70% 13.66%
DJ US Select / Investment Services -5.63% -9.51% -6.74% -6.46% 14.70% 11.17% 13.66%
Thomson Reuters US Investment Banking & Investment Services -6.34% -12.58% -15.42% -15.12% 9.37% 7.16% --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

IAI Top 10 Countries

IAI Top 10 Sectors

IAI Top 10 Holdings [View All]

IAI Summary Data

BlackRock
iShares
05/01/06
Open-Ended Fund
0.43%
$238.92M
$4.66M
0.09%

IAI Portfolio Data

$35.45B
18.75
2.13
1.52%
12/17/18
27

IAI Index Data

DJ US Select / Investment Services
Market Cap
Market Cap
Thomson Reuters US Investment Banking & Investment Services

IAI Portfolio Management

0.43%
-0.60%
-0.37%
-0.70%

IAI Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

IAI Fund Structure

Open-Ended Fund
No
Yes
72% / 29%
N/A
N/A
Low
Daily
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

IAI Factset Analytics Block Liquidity

As of 12/14/18
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of IAI. IAI is rated a 5 out of 5.

IAI Tradability

77,035
$4.66M
57,712
$3.56M
0.09%
$0.06
0.01%
0.24% / -0.16%
None
100.00%
50,000
1.15
0.01%
0.20%
218
$57.69
5

IAI Sector/Industry Breakdown


IAI
Segment Benchmark
63.12%
39.66%
34.60%
24.12%
1.16%
--
1.12%
35.43%

IAI Countries


IAI
Segment Benchmark
100.00%
100.00%

IAI Regions


IAI
Segment Benchmark
100.00%
100.00%

IAI Economic Development


IAI
Segment Benchmark
100.00%
100.00%

IAI Performance Statistics

0.95
0.92
0.92
0.89
0.25%
Thomson Reuters US Investment Banking & Investment Services

IAI MSCI ESG Ratings

4.23 / 10
15.46
12.39
--
--
7.58

IAI BENCHMARK COMPARISON HOLDINGS

27
49
25
56.36%

IAI BENCHMARK COMPARISON SUMMARY


IAI
Segment Benchmark
27
49
$35.45B
$46.62B
18.75
14.38
2.13
1.81
1.62%
1.96%
High
High

IAI BENCHMARK COMPARISON MARKET CAP SIZE


IAI
Segment Benchmark
58.69%
84.10%
27.69%
13.16%
11.72%
2.60%
1.90%
0.14%