IAK — iShares U.S. Insurance ETF
Financial Ranked #231 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. Trading at $145.09 per share, the fund holds an overall rank of #231 out of 458 tracked ETFs across all categories and has received an ETFValuer grade of C with a score of 60.5 out of 100. Investors in this fund face an expense ratio of 0.38% while receiving a dividend yield of 2.54%. The fund is one of 9 ETFs tracked by ETFValuer within the Financial category. Its current asset size and price point reflect a specific level of investor adoption relative to the broader universe of 458 funds. The combination of a moderate expense ratio and a dividend yield above 2% defines its cost and income profile for holders.
IAK has demonstrated a positive return trajectory across all measured timeframes, starting with a 1-day gain of 0.61% and a 1-week increase of 1.48%. Monthly performance accelerated to +4.74%, followed by a 3-month return of +10.05% and a 6-month gain of +13.37%. Year-to-date returns stand at +9.42%, while the 1-year return reached +14.68%. The fund's longer-term performance shows significant strength with a 3-year return of +69.35%. This pattern indicates a consistent upward trend where returns have expanded as the investment horizon lengthened from daily to multi-year periods.
The fund carries a Moderate volatility label and a beta of 0.35, suggesting price movements that are less sensitive to broader market fluctuations. A Sharpe ratio of 0.61 indicates the fund has generated 0.61 units of return for each unit of risk taken over the measured period. During market downturns, the fund experienced a maximum drawdown of -11.58%, representing the largest peak-to-trough decline recorded. This combination of a low beta and moderate volatility implies the fund may offer some protection during market declines while still participating in gains. The Sharpe ratio and maximum drawdown figures together characterize the risk-adjusted efficiency and downside exposure of the strategy.
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: 4.71% (as of 2026-07-23) — 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): 18.70 (as of 2026-07-23) — 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 0.80% and average daily volume is 77K/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 | +0.61% |
| 1-Week | +1.48% |
| 1-Month | +4.74% |
| 3-Month | +10.05% |
| 6-Month | +13.37% |
| YTD | +9.42% |
| 1-Year | +14.68% |
| 3-Year | +69.35% |
How IAK Compares to Other Financial ETFs
| Rank | Grade | Ticker | Name | 1-Year | Exp. Ratio | AUM |
|---|---|---|---|---|---|---|
| #97 | B |
KBWB | Invesco KBW Bank ETF | +32.88% | 0.35% | $6.51B |
| #179 | C |
XLF | State Street Financial Select Sector SPDR ETF | +7.69% | 0.08% | $51.4B |
| #218 | C |
VFH | Vanguard Financials Index Fund ETF Shares | +8.01% | 0.09% | $13.8B |
| #231 | C |
IAK | iShares U.S. Insurance ETF | +14.68% | 0.38% | $422M |
| #259 | C |
FNCL | Fidelity MSCI Financials Index ETF | +8.00% | 0.084% | $2.23B |
| #261 | C |
IYF | iShares U.S. Financials ETF | +10.04% | 0.38% | $3.90B |
| #290 | C |
KRE | State Street SPDR S&P Regional Banking ETF | +21.49% | 0.35% | $4.74B |
| #302 | C |
KBE | State Street SPDR S&P Bank ETF | +19.94% | 0.35% | $1.48B |
| #369 | C |
IAI | iShares U.S. Broker-Dealers & Securities Exchanges ETF | +10.58% | 0.38% | $1.33B |