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iShares U.S. Broker-Dealers & Securities Exchanges...
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US4642887941
CUSIP
464288794
Issuer
iShares
Inception Date
May 1, 2006
Region
North America (U.S.)
Leveraged
1x (No leverage)
Index Tracked
DJ US Select / Investment Services
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Multi-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in iShares U.S. Broker-Dealers & Securities Exchanges ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI) has returned -8.08% so far this year and 18.54% over the past 12 months. Looking at the last ten years, IAI has achieved an annualized return of 17.67%, outperforming the S&P 500 Index benchmark, which averaged 12.16% per year.


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

1D
2.83%
1M
-3.40%
YTD
-8.08%
6M
-6.55%
1Y
18.54%
3Y*
23.20%
5Y*
13.70%
10Y*
17.67%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since May 5, 2006, IAI's average daily return is +0.05%, while the average monthly return is +0.83%. At this rate, your investment would double in approximately 7.0 years.

Historically, 59% of months were positive and 41% were negative. The best month was Nov 2020 with a return of +18.0%, while the worst month was Oct 2008 at -20.7%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 5 months.

On a daily basis, IAI closed higher 53% of trading days. The best single day was Oct 13, 2008 with a return of +15.1%, while the worst single day was Dec 1, 2008 at -15.6%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20262.82%-7.44%-3.40%-8.08%
20258.56%-2.35%-7.98%0.54%9.71%9.70%3.84%-0.83%1.80%-1.01%0.39%2.30%25.80%
2024-2.41%4.51%5.13%-4.00%4.73%0.56%6.12%2.93%0.93%3.16%15.68%-5.80%34.37%
20236.30%-0.96%-9.02%0.27%-5.11%4.67%7.80%-3.38%-3.09%-4.10%13.00%10.47%15.27%
2022-2.88%-3.22%-2.89%-11.02%3.96%-8.71%10.55%-0.11%-7.41%12.32%7.48%-6.32%-10.87%
2021-0.31%13.11%3.02%5.58%4.62%0.52%1.13%6.21%-4.38%9.11%-5.86%3.26%40.48%

Benchmark Metrics

iShares U.S. Broker-Dealers & Securities Exchanges ETF has an annualized alpha of -1.03%, beta of 1.26, and R² of 0.74 versus S&P 500 Index. Calculated based on daily prices since May 08, 2006.

  • This ETF captured 123.79% of S&P 500 Index gains and 123.18% of its losses — amplifying both gains and losses, but participating more in upside than downside.

Alpha
-1.03%
Beta
1.26
0.74
Upside Capture
123.79%
Downside Capture
123.18%

Expense Ratio

IAI has an expense ratio of 0.41%, placing it in the medium range.


Return for Risk

Risk / Return Rank

IAI ranks 40 for risk / return — below 40% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.


IAI Risk / Return Rank: 4040
Overall Rank
IAI Sharpe Ratio Rank: 3939
Sharpe Ratio Rank
IAI Sortino Ratio Rank: 4040
Sortino Ratio Rank
IAI Omega Ratio Rank: 3838
Omega Ratio Rank
IAI Calmar Ratio Rank: 4343
Calmar Ratio Rank
IAI Martin Ratio Rank: 3838
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI) and compare them to a chosen benchmark (S&P 500 Index).


IAIBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.77

0.90

-0.12

Sortino ratio

Return per unit of downside risk

1.17

1.39

-0.21

Omega ratio

Gain probability vs. loss probability

1.16

1.21

-0.05

Calmar ratio

Return relative to maximum drawdown

1.16

1.40

-0.24

Martin ratio

Return relative to average drawdown

3.55

6.61

-3.05

Explore IAI risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

iShares U.S. Broker-Dealers & Securities Exchanges ETF provided a 1.18% dividend yield over the last twelve months, with an annual payout of $1.93 per share.


1.00%1.20%1.40%1.60%1.80%2.00%2.20%$0.00$0.50$1.00$1.50$2.0020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$1.93$1.70$1.51$1.95$2.06$1.45$1.23$1.04$0.89$0.86$0.73$0.54

Dividend yield

1.18%0.95%1.05%1.80%2.14%1.31%1.55%1.52%1.58%1.37%1.49%1.31%

Monthly Dividends

The table displays the monthly dividend distributions for iShares U.S. Broker-Dealers & Securities Exchanges ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.69$0.69
2025$0.00$0.00$0.46$0.00$0.00$0.36$0.00$0.00$0.44$0.00$0.00$0.45$1.70
2024$0.00$0.00$0.35$0.00$0.00$0.36$0.00$0.00$0.36$0.00$0.00$0.43$1.51
2023$0.00$0.00$0.43$0.00$0.00$0.51$0.00$0.00$0.58$0.00$0.00$0.44$1.95
2022$0.00$0.00$0.73$0.00$0.00$0.40$0.00$0.00$0.48$0.00$0.00$0.45$2.06
2021$0.00$0.00$0.23$0.00$0.00$0.26$0.00$0.00$0.44$0.00$0.00$0.52$1.45

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the iShares U.S. Broker-Dealers & Securities Exchanges ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the iShares U.S. Broker-Dealers & Securities Exchanges ETF was 75.46%, occurring on Nov 20, 2008. Recovery took 2026 trading sessions.

The current iShares U.S. Broker-Dealers & Securities Exchanges ETF drawdown is 13.40%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-75.46%Jun 21, 2007360Nov 20, 20082026Dec 8, 20162386
-40.38%Feb 21, 202022Mar 23, 2020171Nov 23, 2020193
-28.84%Nov 3, 2021157Jun 17, 2022428Mar 4, 2024585
-24%Mar 13, 2018199Dec 24, 2018232Nov 25, 2019431
-23.14%Feb 19, 202535Apr 8, 202549Jun 18, 202584

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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