- ISIN
- US4642887867
- CUSIP
- 464288786
- Issuer
- iShares
- Inception Date
- May 5, 2006
- Region
- North America (U.S.)
- Category
- Financials Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- Dow Jones U.S. Select Insurance Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Multi-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $359M
Share Price Chart
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Performance
IAK Performance Chart
iShares U.S. Insurance ETF (IAK) is down 4.6% since the beginning of the year. IAK is currently trading at $128 per share. Investors who bought $1,000 worth of IAK shares 5 years ago would now be looking at an investment worth $1,723.
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Returns By Period
iShares U.S. Insurance ETF (IAK) has returned -4.56% so far this year and -4.16% over the past 12 months. Over the last ten years, IAK has returned 11.66% per year, falling short of the S&P 500 Index benchmark, which averaged 13.66% annually.
iShares U.S. Insurance ETF
- 1D
- -0.88%
- 1M
- -2.27%
- YTD
- -4.56%
- 6M
- -1.81%
- 1Y
- -4.16%
- 3Y*
- 16.73%
- 5Y*
- 11.50%
- 10Y*
- 11.66%
Benchmark (S&P 500 Index)
- 1D
- -0.74%
- 1M
- 4.90%
- YTD
- 10.35%
- 6M
- 10.28%
- 1Y
- 26.52%
- 3Y*
- 20.83%
- 5Y*
- 12.30%
- 10Y*
- 13.66%
IAK Monthly Returns History
Based on dividend-adjusted daily data since May 5, 2006, IAK's average daily return is +0.04%, while the average monthly return is +0.72%. At this rate, an investment would double in approximately 8.1 years.
Historically, 62% of months were positive and 38% were negative. The best month was Apr 2009 with a return of +15.7%, while the worst month was Oct 2008 at -29.0%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 6 months.
On a daily basis, IAK closed higher 53% of trading days. The best single day was Oct 13, 2008 with a return of +19.1%, while the worst single day was Oct 9, 2008 at -14.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -2.31% | 2.68% | -4.62% | 3.14% | -2.99% | -0.31% | -4.56% | ||||||
| 2025 | 1.90% | 5.56% | 1.87% | -3.90% | 2.90% | -1.07% | -5.20% | 4.18% | 1.32% | -5.68% | 6.57% | 1.55% | 9.50% |
| 2024 | 6.82% | 4.21% | 5.71% | -4.90% | 4.68% | -3.19% | 6.79% | 6.63% | 0.76% | -2.20% | 9.47% | -7.94% | 28.25% |
| 2023 | 3.75% | -1.00% | -8.49% | 3.01% | -6.50% | 6.87% | 3.40% | 0.23% | 1.14% | 2.65% | 5.81% | 1.02% | 11.28% |
| 2022 | 2.01% | 0.84% | 6.49% | -6.28% | 3.52% | -5.97% | -0.84% | 1.23% | -4.48% | 15.00% | 3.75% | -2.61% | 11.33% |
| 2021 | -3.27% | 8.66% | 5.51% | 6.54% | 2.75% | -4.42% | -0.09% | 5.68% | -3.71% | 6.83% | -5.84% | 6.91% | 26.84% |
Benchmark Metrics
iShares U.S. Insurance ETF has an annualized alpha of -1.57%, beta of 1.06, and R2 of 0.64 versus S&P 500 Index. Calculated based on daily prices since May 08, 2006.
- This ETF participated in 106.52% of S&P 500 Index downside but only 95.39% of its upside - more exposed to losses than it benefited from rallies.
- With beta of 1.06 and R2 of 0.64, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- -1.57%
- Beta
- 1.06
- R²
- 0.64
- Upside Capture
- 95.39%
- Downside Capture
- 106.52%
Expense Ratio
IAK has an expense ratio of 0.43%, placing it in the medium range.
Return for Risk
Risk / Return Rank
IAK ranks 5 for risk / return — in the bottom 5% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for iShares U.S. Insurance ETF (IAK) and compare them to S&P 500 Index.
| IAK | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.52 | ||
| Sortino ratioReturn per unit of downside risk | -3.36 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.41 | -0.44 |
| Calmar ratioReturn relative to maximum drawdown | -0.55 | 2.93 | -3.48 |
| Martin ratioReturn relative to average drawdown | -1.14 | 13.52 | -14.66 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
iShares U.S. Insurance ETF provided a 2.76% dividend yield over the last twelve months, with an annual payout of $3.53 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $3.53 | $2.31 | $1.89 | $1.44 | $1.55 | $1.89 | $1.39 | $1.31 | $1.34 | $1.08 | $1.00 | $0.83 |
Dividend yield | 2.76% | 1.69% | 1.49% | 1.44% | 1.69% | 2.26% | 2.07% | 1.84% | 2.33% | 1.62% | 1.68% | 1.62% |
Monthly Dividends
The table displays the monthly dividend distributions for iShares U.S. Insurance ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $2.00 | $0.00 | $0.00 | $0.00 | $2.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.78 | $0.00 | $0.00 | $0.35 | $0.00 | $0.00 | $0.51 | $0.00 | $0.00 | $0.67 | $2.31 |
| 2024 | $0.00 | $0.00 | $0.41 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.52 | $0.00 | $0.00 | $0.73 | $1.89 |
| 2023 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.49 | $0.00 | $0.00 | $0.43 | $1.44 |
| 2022 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.46 | $0.00 | $0.00 | $0.50 | $1.55 |
| 2021 | $0.00 | $0.00 | $0.58 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.50 | $0.00 | $0.00 | $0.51 | $1.89 |
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. Insurance 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. Insurance ETF was 77.38%, occurring on Mar 9, 2009. Recovery took 1460 trading sessions.
The current iShares U.S. Insurance ETF drawdown is 5.82%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -77.38%Mar 2009 | 1y 9mo | 5y 9mo | 7y 7moMay 2007 - Dec 2014 |
COVID crash2020 | -44.95%Mar 2020 | 1mo 10d | 11mo 20d | 1y 25dFeb 2020 - Mar 2021 |
Rate-hike selloffLate 2018 | -20.33%Dec 2018 | 10mo 29d | 4mo 7d | 1y 3moJan 2018 - Apr 2019 |
2016 correction2016 | -16.97%Feb 2016 | 2mo 11d | 6mo 20d | 9mo 1dDec 2015 - Aug 2016 |
Bear market2022 | -14.76%Sep 2022 | 5mo 8d | 1mo 15d | 6mo 23dApr 2022 - Nov 2022 |
Drawdown Indicators
| IAK | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.38% | -56.78% | -20.60% |
Max Drawdown (1Y)Largest decline over 1 year | -7.62% | -9.10% | +1.48% |
Max Drawdown (3Y)Largest decline over 3 years | -11.58% | -18.90% | +7.32% |
Max Drawdown (5Y)Largest decline over 5 years | -14.76% | -25.43% | +10.67% |
Max Drawdown (10Y)Largest decline over 10 years | -44.95% | -33.92% | -11.03% |
Current DrawdownCurrent decline from peak | -5.82% | -0.74% | -5.08% |
Average DrawdownAverage peak-to-trough decline | -16.13% | -10.72% | -5.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.96% | 1.97% | +1.99% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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