iShares U.S. Insurance ETF (IAK) belongs to the Financials Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with IAK. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to IAK
IAK charges 0.38% annually. There are 17 ETFs in the Financials Equities category with lower expense ratios, going as low as 0.08%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Financial Select Sector SPDR ETF | 0.08% | 57.61B | Dec 1998 | IAK vs XLF | |
| Fidelity MSCI Financials Index ETF | 0.08% | 2.23B | Oct 2013 | IAK vs FNCL | |
| Vanguard Financials ETF | 0.09% | 13.90B | Jan 2004 | IAK vs VFH | |
| Gabelli Financial Services Opportunities ETF | 0.10% | 50.20M | May 2022 | IAK vs GABF | |
| VanEck Financials TruSector ETF | 0.10% | 593.86K | Apr 2026 | IAK vs TRUF |
Best Risk-Adjusted Alternatives to IAK
IAK has a PortfoliosLab risk / return rank of 54. There are 12 ETFs in the Financials Equities category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| HSBC Holdings plc ADRhedged ETF | 95 | 5.04M | Oct 2024 | IAK vs HSBH | |
| Themes Global Systemically Important Banks ETF | 91 | 48.36M | Dec 2023 | IAK vs GSIB | |
| iShares MSCI Europe Financials ETF | 77 | 4.20B | Jan 2010 | IAK vs EUFN | |
| Invesco KBW Bank ETF | 72 | 6.70B | Nov 2011 | IAK vs KBWB | |
| Invesco S&P SmallCap Financials ETF | 71 | 27.49M | Apr 2010 | IAK vs PSCF |
Top Performing IAK Alternatives (YTD)
IAK is at 10.11% YTD. There are 16 ETFs in the Financials Equities category with higher YTD returns, going as high as 40.22%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| HSBC Holdings plc ADRhedged ETF | 40.22% | 5.04M | Oct 2024 | IAK vs HSBH | |
| First Trust NASDAQ ABA Community Bank Index Fund | 24.53% | 93.23M | Jun 2009 | IAK vs QABA | |
| Portfolio Building Block European Banks Index ETF | 23.70% | 438.81M | Nov 2025 | IAK vs PBEU | |
| Themes Global Systemically Important Banks ETF | 23.08% | 48.36M | Dec 2023 | IAK vs GSIB | |
| SPDR S&P Regional Banking ETF | 20.29% | 4.62B | Jun 2006 | IAK vs KRE |
Lowest Volatility Alternatives to IAK
IAK has 15.99% 1-year volatility. There are 14 ETFs in the Financials Equities category with lower 1-year volatility, going as low as 11.82%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Financial Select Sector SPDR Premium ... | 11.82% | 7.51M | Jul 2025 | IAK vs XLFI | |
| iShares MSCI Kuwait ETF | 13.39% | 68.36M | Sep 2020 | IAK vs KWT | |
| VanEck Financials TruSector ETF | 13.48% | 593.86K | Apr 2026 | IAK vs TRUF | |
| iShares Global Financials ETF | 14.08% | 690.89M | Nov 2001 | IAK vs IXG | |
| iShares U.S. Financials ETF | 14.59% | 4.43B | May 2000 | IAK vs IYF |
Lowest Drawdown Alternatives to IAK
IAK has a 1-year max drawdown of -7.62%. No ETFs in the Financials Equities category have shallower 1-year drawdowns; the lowest-drawdown alternatives shown here go as shallow as -9.56%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco KBW Property & Casualty Insurance ETF | -9.56% | 272.55M | Dec 2010 | IAK vs KBWP | |
| Invesco S&P SmallCap Financials ETF | -9.91% | 27.49M | Apr 2010 | IAK vs PSCF | |
| iShares Global Financials ETF | -11.33% | 690.89M | Nov 2001 | IAK vs IXG | |
| iShares MSCI Kuwait ETF | -11.54% | 68.36M | Sep 2020 | IAK vs KWT | |
| First Trust Financials AlphaDEX Fund | -11.72% | 1.13B | May 2007 | IAK vs FXO |
Other ETFs from iShares
The 10 most viewed iShares ETFs shown here include SGOV, IBIT, SOXX and span 14 categories. AUM among these funds goes as high as $869B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | Ultrashort Bond | 100 | 2.13% | 99.95B | May 2020 | IAK vs SGOV | |
| iShares Bitcoin Trust ETF | Cryptocurrency | 2 | -27.17% | 46.52B | Jan 2024 | IAK vs IBIT | |
| iShares Semiconductor ETF | Semiconductors, Technology Equities | 90 | 68.76% | 44.69B | Jul 2001 | IAK vs SOXX | |
| iShares Core S&P 500 ETF | S&P 500 | 78 | 11.75% | 869.20B | May 2000 | IAK vs IVV | |
| iShares Core Dividend Growth ETF | Large Cap Growth Equities, Dividend | 92 | 13.79% | 42.77B | Jun 2014 | IAK vs DGRO | |
| iShares 20+ Year Treasury Bond ETF | Government Bonds, Long-Term Bond | 7 | -3.18% | 41.54B | Jul 2002 | IAK vs TLT | |
| iShares Silver Trust | Silver, Precious Metals | 35 | -18.57% | 28.08B | Apr 2006 | IAK vs SLV | |
| iShares Gold Trust | Gold, Precious Metals | 28 | -6.14% | 59.74B | Jan 2005 | IAK vs IAU | |
| iShares Russell 2000 ETF | Small Cap Blend Equities | 85 | 20.84% | 80.11B | May 2000 | IAK vs IWM | |
| iShares MSCI ACWI ETF | Global Equities | 77 | 12.35% | 32.49B | Mar 2008 | IAK vs ACWI |
Often Compared With IAK
Investors most often compare IAK with KIE, IHE, DIVB. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare IAK with Any Fund or Stock
Compare IAK with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair IAK with funds that move differently
iShares U.S. Insurance ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to IAK.
Explore IAK Diversifiers