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 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 Benchmark Comparison Summary
IAI Benchmark Comparison Market Cap Size