IAK vs. BBSEY
IAK (iShares U.S. Insurance ETF) is Financials Equities fund tracking the Dow Jones U.S. Select Insurance Index, while BBSEY (BB Seguridade Participacoes SA) is a stock. Over the past 10 years, IAK returned 11.66%/yr vs 7.37%/yr for BBSEY. At a 0.20 correlation, their price movements are largely independent.
Performance
IAK vs. BBSEY - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IAK achieves a -4.56% return, which is significantly lower than BBSEY's 12.12% return. Over the past 10 years, IAK has outperformed BBSEY with an annualized return of 11.66%, while BBSEY has yielded a comparatively lower 7.37% annualized return.
IAK
- 1D
- -0.88%
- 1M
- -2.27%
- YTD
- -4.56%
- 6M
- -1.81%
- 1Y
- -4.16%
- 3Y*
- 16.73%
- 5Y*
- 11.50%
- 10Y*
- 11.66%
BBSEY
- 1D
- -1.27%
- 1M
- 0.86%
- YTD
- 12.12%
- 6M
- 13.47%
- 1Y
- 21.07%
- 3Y*
- 13.52%
- 5Y*
- 17.61%
- 10Y*
- 7.37%
IAK vs. BBSEY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IAK iShares U.S. Insurance ETF | -4.56% | 9.50% | 28.25% | 11.28% | 11.33% | 26.84% | -2.86% | 25.94% | -11.48% | 14.18% |
BBSEY BB Seguridade Participacoes SA | 12.12% | 28.37% | -11.82% | 21.54% | 85.71% | -34.45% | -33.93% | 44.43% | -8.63% | 7.08% |
Correlation
The correlation between IAK and BBSEY is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Apr 1, 2014 | 0.20 |
The correlation between IAK and BBSEY shifts across timeframes, from 0.07 (1 year) to 0.20 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IAK vs. BBSEY — Risk / Return Rank
IAK
BBSEY
IAK vs. BBSEY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Insurance ETF (IAK) and BB Seguridade Participacoes SA (BBSEY). 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.
| IAK | BBSEY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.80 | ||
| Sortino ratioReturn per unit of downside risk | -1.27 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.12 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | -0.55 | 1.22 | -1.77 |
| Martin ratioReturn relative to average drawdown | -1.14 | 2.96 | -4.10 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| IAK | BBSEY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.28 | 0.51 | -0.80 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.64 | 0.47 | +0.17 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | 0.18 | +0.38 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.26 | 0.10 | +0.16 |
Drawdowns
IAK vs. BBSEY - Drawdown Comparison
The maximum IAK drawdown since its inception was -77.38%, which is greater than BBSEY's maximum drawdown of -66.26%. Use the drawdown chart below to compare losses from any high point for IAK and BBSEY.
Loading charts...
Drawdown Indicators
| IAK | BBSEY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.38% | -66.26% | -11.12% |
Max Drawdown (1Y)Largest decline over 1 year | -7.62% | -17.39% | +9.77% |
Max Drawdown (3Y)Largest decline over 3 years | -11.58% | -24.40% | +12.82% |
Max Drawdown (5Y)Largest decline over 5 years | -14.76% | -30.89% | +16.13% |
Max Drawdown (10Y)Largest decline over 10 years | -44.95% | -59.41% | +14.46% |
Current DrawdownCurrent decline from peak | -5.82% | -7.24% | +1.42% |
Average DrawdownAverage peak-to-trough decline | -16.13% | -31.84% | +15.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.96% | 7.14% | -3.18% |
Volatility
IAK vs. BBSEY - Volatility Comparison
The current volatility for iShares U.S. Insurance ETF (IAK) is 3.82%, while BB Seguridade Participacoes SA (BBSEY) has a volatility of 11.60%. This indicates that IAK experiences smaller price fluctuations and is considered to be less risky than BBSEY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IAK | BBSEY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.82% | 11.60% | -7.78% |
Volatility (6M)Calculated over the trailing 6-month period | 9.98% | 35.12% | -25.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.77% | 41.28% | -26.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.07% | 37.50% | -19.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.89% | 40.99% | -20.10% |
Dividends
IAK vs. BBSEY - Dividend Comparison
IAK's dividend yield for the trailing twelve months is around 2.76%, less than BBSEY's 12.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BBSEY BB Seguridade Participacoes SA | 12.04% | 11.19% | 4.13% | 10.00% | 6.19% | 4.52% | 15.23% | 3.96% | 10.63% | 5.74% | 12.26% | 4.08% |
IAK iShares U.S. Insurance ETF | 2.76% | 1.69% | 1.49% | 1.44% | 1.69% | 2.26% | 2.07% | 1.84% | 2.33% | 1.62% | 1.68% | 1.62% |
Frequently Asked Questions
IAK and BBSEY have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BBSEY has higher volatility (11.60%) compared to IAK (3.82%). In terms of maximum drawdown, IAK dropped -77.38% vs BBSEY's -66.26%.
BBSEY currently has the higher Sharpe Ratio (0.51 vs -0.28), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for IAK and BBSEY
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer