IAK

iShares U.S. Insurance ETF
B

74
*Unless otherwise stated, data provided by FactSet.

IAK Fund Description

IAK tracks a market-cap index of U.S. insurance companies.

IAK Factset Analytics Insight

IAK is a solid, broad-based insurance fund that also makes a play for the small-cap end of the segment. In this case, the omission of one mega-stock changes the fund's exposure considerably. Berkshire Hathaway (over 25% of the segment benchmark) does not fit into IAK's definition of the insurance sector. By excluding this mega-cap from its cap-weighted index, IAK cuts its weighted average market cap drastically. The fund also loses points in Efficiency due to its high expense ratio. IAK's median daily trading volume is on the low side, but consistent. Still, investors should place limit orders to help contain execution costs. Overall, IAK offers a solid take on the segment at a manageable cost, earning it a place on our Analyst Pick list.

IAK MSCI ESG Analytics Insight

iShares U.S. Insurance ETF has an MSCI ESG Fund Rating of BB based on a score of 3.01 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. Insurance ETF ranks in the 8th percentile within its peer group and in the 14th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

IAK 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.

IAK 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
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Select ETFs to compare their performance:
PERFORMANCE [as of 09/19/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
IAK 3.69% 2.63% 26.40% 10.15% 13.52% 10.22% 12.18%
IAK (NAV) 3.04% 2.20% 25.83% 9.30% 13.34% 10.35% 12.20%
DJ US Select / Insurance 3.07% 2.31% 26.19% 9.71% 13.78% 10.79% 12.20%
Thomson Reuters US Insurance -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

IAK Summary Data

Blackrock
iShares
05/01/06
Open-Ended Fund
0.43%
$112.00M
$375.63K
0.10%

IAK Portfolio Data

$30.62B
15.25
1.15
1.70%
09/24/19
63

IAK Index Data

DJ US Select / Insurance
Market Cap
Market Cap
Thomson Reuters US Insurance

IAK Portfolio Management

0.43%
-0.40%
-0.30%
-0.47%

IAK Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

IAK Fund Structure

Open-Ended Fund
No
Yes
72% / 29%
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

IAK Factset Analytics Block Liquidity

As of 09/20/19
5
4
3
2
1

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

IAK Tradability

5,348
$375.63K
3,969
$277.70K
0.10%
$0.07
-0.01%
0.63% / -1.01%
None
100.00%
50,000
0.08
0.01%
0.13%
0
$72.24
5

IAK Sector/Industry Breakdown


IAK
Segment Benchmark
40.86%
23.34%
30.51%
59.33%
28.63%
15.33%

IAK Countries


IAK
Segment Benchmark
100.00%
100.00%

IAK Regions


IAK
Segment Benchmark
100.00%
100.00%

IAK Economic Development


IAK
Segment Benchmark
100.00%
100.00%

IAK Performance Statistics

0.92
0.97
0.96
0.96
0.29%
Thomson Reuters US Insurance

IAK MSCI ESG Ratings

BB
3.01 / 10
13.62
8.31
--
--
3.73

IAK Benchmark Comparison Holdings

63
80
58
51.29%

IAK Benchmark Comparison Summary


IAK
Segment Benchmark
63
80
$30.62B
$189.06B
15.25
17.01
1.15
1.33
2.13%
1.29%
High
High

IAK Benchmark Comparison Market Cap Size


IAK
Segment Benchmark
72.69%
81.68%
22.69%
15.80%
4.62%
2.46%
0.00%
0.06%