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IAI vs. KIE
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


IAIKIE
YTD Return35.69%31.00%
1Y Return60.45%38.22%
3Y Return (Ann)11.03%14.96%
5Y Return (Ann)19.43%12.91%
10Y Return (Ann)15.47%12.40%
Sharpe Ratio3.692.61
Sortino Ratio5.073.44
Omega Ratio1.681.45
Calmar Ratio3.494.53
Martin Ratio28.3314.66
Ulcer Index2.12%2.58%
Daily Std Dev16.27%14.51%
Max Drawdown-75.33%-75.30%
Current Drawdown0.00%-0.09%

Correlation

-0.50.00.51.00.8

The correlation between IAI and KIE is 0.80, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Performance

IAI vs. KIE - Performance Comparison

In the year-to-date period, IAI achieves a 35.69% return, which is significantly higher than KIE's 31.00% return. Over the past 10 years, IAI has outperformed KIE with an annualized return of 15.47%, while KIE has yielded a comparatively lower 12.40% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-10.00%0.00%10.00%20.00%30.00%JuneJulyAugustSeptemberOctoberNovember
26.06%
15.10%
IAI
KIE

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IAI vs. KIE - Expense Ratio Comparison

IAI has a 0.41% expense ratio, which is higher than KIE's 0.35% expense ratio.


IAI
iShares U.S. Broker-Dealers & Securities Exchanges ETF
Expense ratio chart for IAI: current value at 0.41% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.41%
Expense ratio chart for KIE: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%

Risk-Adjusted Performance

IAI vs. KIE - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI) and SPDR S&P Insurance ETF (KIE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


IAI
Sharpe ratio
The chart of Sharpe ratio for IAI, currently valued at 3.69, compared to the broader market-2.000.002.004.006.003.69
Sortino ratio
The chart of Sortino ratio for IAI, currently valued at 5.07, compared to the broader market0.005.0010.005.07
Omega ratio
The chart of Omega ratio for IAI, currently valued at 1.68, compared to the broader market1.001.502.002.503.001.68
Calmar ratio
The chart of Calmar ratio for IAI, currently valued at 3.49, compared to the broader market0.005.0010.0015.003.49
Martin ratio
The chart of Martin ratio for IAI, currently valued at 28.33, compared to the broader market0.0020.0040.0060.0080.00100.00120.0028.33
KIE
Sharpe ratio
The chart of Sharpe ratio for KIE, currently valued at 2.61, compared to the broader market-2.000.002.004.006.002.61
Sortino ratio
The chart of Sortino ratio for KIE, currently valued at 3.44, compared to the broader market0.005.0010.003.44
Omega ratio
The chart of Omega ratio for KIE, currently valued at 1.45, compared to the broader market1.001.502.002.503.001.45
Calmar ratio
The chart of Calmar ratio for KIE, currently valued at 4.53, compared to the broader market0.005.0010.0015.004.53
Martin ratio
The chart of Martin ratio for KIE, currently valued at 14.66, compared to the broader market0.0020.0040.0060.0080.00100.00120.0014.66

IAI vs. KIE - Sharpe Ratio Comparison

The current IAI Sharpe Ratio is 3.69, which is higher than the KIE Sharpe Ratio of 2.61. The chart below compares the historical Sharpe Ratios of IAI and KIE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.502.002.503.003.504.00JuneJulyAugustSeptemberOctoberNovember
3.69
2.61
IAI
KIE

Dividends

IAI vs. KIE - Dividend Comparison

IAI's dividend yield for the trailing twelve months is around 1.04%, less than KIE's 1.29% yield.


TTM20232022202120202019201820172016201520142013
IAI
iShares U.S. Broker-Dealers & Securities Exchanges ETF
1.04%1.80%2.14%1.31%1.55%1.52%1.58%1.37%1.48%1.31%1.13%1.13%
KIE
SPDR S&P Insurance ETF
1.29%1.45%1.90%1.95%1.85%1.76%1.83%1.56%1.55%1.65%1.81%1.38%

Drawdowns

IAI vs. KIE - Drawdown Comparison

The maximum IAI drawdown since its inception was -75.33%, roughly equal to the maximum KIE drawdown of -75.30%. Use the drawdown chart below to compare losses from any high point for IAI and KIE. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember0
-0.09%
IAI
KIE

Volatility

IAI vs. KIE - Volatility Comparison

iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI) has a higher volatility of 8.62% compared to SPDR S&P Insurance ETF (KIE) at 6.12%. This indicates that IAI's price experiences larger fluctuations and is considered to be riskier than KIE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%9.00%JuneJulyAugustSeptemberOctoberNovember
8.62%
6.12%
IAI
KIE