PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
IAI vs. KIE
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

IAI vs. KIE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI) and SPDR S&P Insurance ETF (KIE). The values are adjusted to include any dividend payments, if applicable.

-10.00%0.00%10.00%20.00%30.00%JuneJulyAugustSeptemberOctoberNovember
25.38%
15.97%
IAI
KIE

Returns By Period

In the year-to-date period, IAI achieves a 39.22% return, which is significantly higher than KIE's 32.48% return. Over the past 10 years, IAI has outperformed KIE with an annualized return of 15.98%, while KIE has yielded a comparatively lower 12.45% annualized return.


IAI

YTD

39.22%

1M

8.12%

6M

25.38%

1Y

57.13%

5Y (annualized)

19.51%

10Y (annualized)

15.98%

KIE

YTD

32.48%

1M

1.51%

6M

15.97%

1Y

36.26%

5Y (annualized)

13.33%

10Y (annualized)

12.45%

Key characteristics


IAIKIE
Sharpe Ratio3.542.53
Sortino Ratio4.943.35
Omega Ratio1.651.44
Calmar Ratio4.374.38
Martin Ratio27.4714.17
Ulcer Index2.13%2.58%
Daily Std Dev16.48%14.46%
Max Drawdown-75.33%-75.30%
Current Drawdown-0.52%-0.57%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


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%

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.

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.


Sharpe ratio
The chart of Sharpe ratio for IAI, currently valued at 3.54, compared to the broader market0.002.004.006.003.542.53
The chart of Sortino ratio for IAI, currently valued at 4.94, compared to the broader market-2.000.002.004.006.008.0010.0012.004.943.35
The chart of Omega ratio for IAI, currently valued at 1.65, compared to the broader market0.501.001.502.002.503.001.651.44
The chart of Calmar ratio for IAI, currently valued at 4.37, compared to the broader market0.005.0010.0015.004.374.38
The chart of Martin ratio for IAI, currently valued at 27.47, compared to the broader market0.0020.0040.0060.0080.00100.00120.0027.4714.17
IAI
KIE

The current IAI Sharpe Ratio is 3.54, which is higher than the KIE Sharpe Ratio of 2.53. 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
3.54
2.53
IAI
KIE

Dividends

IAI vs. KIE - Dividend Comparison

IAI's dividend yield for the trailing twelve months is around 1.01%, less than KIE's 1.28% yield.


TTM20232022202120202019201820172016201520142013
IAI
iShares U.S. Broker-Dealers & Securities Exchanges ETF
1.01%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
1.28%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%JuneJulyAugustSeptemberOctoberNovember
-0.52%
-0.57%
IAI
KIE

Volatility

IAI vs. KIE - Volatility Comparison

iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI) has a higher volatility of 8.87% compared to SPDR S&P Insurance ETF (KIE) at 5.92%. 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
8.87%
5.92%
IAI
KIE