IAIiShares U.S. Broker-Dealers & Securities Exchanges ETF
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 one subset of the financial industry, only capturing US broker-dealers while excluding other sectors like banks and other financial institutions. The fund bypasses 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 well over half of IAI's assets are held in its top holdings. The fund uses a sampling method and caps each company to 22.5%, while the aggregate weight of companies with greater than 4.5% are capped at 45% of the fund’s value. The fund undergoes quarterly rebalancing.
IAI MSCI ESG Analytics Insight
iShares U.S. Broker-Dealers & Securities Exchanges ETF has an MSCI ESG Fund Rating of AA based on a score of 7.74 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
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. iShares U.S. Broker-Dealers & Securities Exchanges ETF ranks in the 90th percentile within its peer group and in the 66th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
IAI MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
IAI Portfolio Data
IAI Index Data
IAI Portfolio Management
IAI Tax Exposures
IAI Fund Structure
IAI Factset Analytics Block Liquidity
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 Sector/Industry Breakdown
IAI Top 10 Holdings[View All]
IAI Economic Development
IAI Performance Statistics
IAI MSCI ESG Ratings
IAI Benchmark Comparison Summary
IAI Benchmark Comparison Market Cap Size