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IAK vs. DHS
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IAK vs. DHS

Last updated Jun 4, 2026

IAK (iShares U.S. Insurance ETF) and DHS (WisdomTree US High Dividend Fund) are both exchange-traded funds - IAK is a Financials Equities fund tracking the Dow Jones U.S. Select Insurance Index, while DHS is a Large Cap Value Equities fund tracking the WisdomTree U.S. High Dividend Index. Both are passively managed. Over the past 10 years, IAK returned 11.66%/yr vs 9.47%/yr for DHS. A 0.75 correlation means they provide meaningful diversification when combined. IAK charges 0.43%/yr vs 0.38%/yr for DHS.

Performance

IAK vs. DHS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares U.S. Insurance ETF (IAK) and WisdomTree US High Dividend Fund (DHS). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, IAK achieves a -4.56% return, which is significantly lower than DHS's 9.88% return. Over the past 10 years, IAK has outperformed DHS with an annualized return of 11.66%, while DHS has yielded a comparatively lower 9.47% 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%

DHS

1D
-0.67%
1M
-0.16%
YTD
9.88%
6M
10.38%
1Y
20.55%
3Y*
16.39%
5Y*
10.59%
10Y*
9.47%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IAK vs. DHS - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
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%
DHS
WisdomTree US High Dividend Fund		9.88%12.87%18.02%-0.19%7.97%23.20%-5.70%22.59%-7.41%11.69%

Correlation

The correlation between IAK and DHS is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.59

Correlation (3Y)
Calculated over the trailing 3-year period

0.62

Correlation (5Y)
Calculated over the trailing 5-year period

0.70

Correlation (10Y)
Calculated over the trailing 10-year period

0.71

Correlation (All Time)
Calculated using the full available price history since Jun 19, 2006

0.75

The correlation between IAK and DHS shifts across timeframes, from 0.59 (1 year) to 0.75 (all time), reflecting how their relationship changes across market environments.

IAK vs. DHS - Sectors Allocation Comparison

Sectors
IAK
DHS

Financial Services

99.5%
22.3%

Healthcare

0.5%
14.5%

Basic Materials

-

1.2%

Communication Services

-

9.3%

Consumer Cyclical

-

5.0%

Consumer Defensive

-

18.7%

Energy

-

9.4%

Industrials

-

4.1%

Real Estate

-

2.8%

Technology

-

3.7%

Utilities

-

9.0%

Financial Services

IAK
99.5%
DHS
22.3%

Healthcare

IAK
0.5%
DHS
14.5%

Basic Materials

IAK

-

DHS
1.2%

Communication Services

IAK

-

DHS
9.3%

Consumer Cyclical

IAK

-

DHS
5.0%

Consumer Defensive

IAK

-

DHS
18.7%

Energy

IAK

-

DHS
9.4%

Industrials

IAK

-

DHS
4.1%

Real Estate

IAK

-

DHS
2.8%

Technology

IAK

-

DHS
3.7%

Utilities

IAK

-

DHS
9.0%

Compare stocks, funds, or ETFs

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

iShares U.S. Insurance ETF

WisdomTree US High Dividend Fund

Often compared with IAK:
IAK vs. KIEIAK vs. KBWPIAK vs. IHEIAK vs. DIVBIAK vs. INFLIAK vs. VYMIAK vs. VTI
Often compared with DHS:
DHS vs. SCHDDHS vs. SPHDDHS vs. DGRODHS vs. JEPIDHS vs. FDVVDHS vs. DTDDHS vs. SPY

Return for Risk

IAK vs. DHS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IAK
IAK Risk / Return Rank: 55
Overall Rank
IAK Sharpe Ratio Rank: 66
Sharpe Ratio Rank
IAK Sortino Ratio Rank: 66
Sortino Ratio Rank
IAK Omega Ratio Rank: 55
Omega Ratio Rank
IAK Calmar Ratio Rank: 44
Calmar Ratio Rank
IAK Martin Ratio Rank: 33
Martin Ratio Rank
DHS
DHS Risk / Return Rank: 6262
Overall Rank
DHS Sharpe Ratio Rank: 6060
Sharpe Ratio Rank
DHS Sortino Ratio Rank: 6666
Sortino Ratio Rank
DHS Omega Ratio Rank: 5757
Omega Ratio Rank
DHS Calmar Ratio Rank: 6565
Calmar Ratio Rank
DHS Martin Ratio Rank: 6565
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IAK vs. DHS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Insurance ETF (IAK) and WisdomTree US High Dividend Fund (DHS). 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.

IAKDHSDifference
Sharpe ratioReturn per unit of total volatility
-0.28
2.06

-2.35

Sortino ratioReturn per unit of downside risk
-0.29
3.09

-3.38

Omega ratioGain probability vs. loss probability

0.97

1.35

-0.39

Calmar ratioReturn relative to maximum drawdown

-0.55

3.28

-3.83

Martin ratioReturn relative to average drawdown

-1.14

12.04

-13.18

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IAK vs. DHS - Sharpe Ratio Comparison

The current IAK Sharpe Ratio is -0.28, which is lower than the DHS Sharpe Ratio of 2.06. The chart below compares the historical Sharpe Ratios of IAK and DHS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

IAKDHSDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.28

2.06

-2.35

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.64

0.77

-0.13

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.56

0.59

-0.03

Sharpe Ratio (All Time)

Calculated using the full available price history

0.26

0.41

-0.15

Drawdowns

IAK vs. DHS - Drawdown Comparison

The maximum IAK drawdown since its inception was -77.38%, which is greater than DHS's maximum drawdown of -67.25%. Use the drawdown chart below to compare losses from any high point for IAK and DHS.

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Drawdown Indicators

IAKDHSDifference

Max Drawdown

Largest peak-to-trough decline

-77.38%

-67.25%

-10.13%

Max Drawdown (1Y)

Largest decline over 1 year

-7.62%

-6.30%

-1.32%

Max Drawdown (3Y)

Largest decline over 3 years

-11.58%

-11.87%

+0.29%

Max Drawdown (5Y)

Largest decline over 5 years

-14.76%

-15.28%

+0.52%

Max Drawdown (10Y)

Largest decline over 10 years

-44.95%

-37.35%

-7.60%

Current Drawdown

Current decline from peak

-5.82%

-2.60%

-3.22%

Average Drawdown

Average peak-to-trough decline

-16.13%

-9.55%

-6.58%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.96%

1.71%

+2.25%

Volatility

IAK vs. DHS - Volatility Comparison

iShares U.S. Insurance ETF (IAK) has a higher volatility of 3.82% compared to WisdomTree US High Dividend Fund (DHS) at 2.88%. This indicates that IAK's price experiences larger fluctuations and is considered to be riskier than DHS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IAKDHSDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.82%

2.88%

+0.94%

Volatility (6M)

Calculated over the trailing 6-month period

9.98%

7.32%

+2.66%

Volatility (1Y)

Calculated over the trailing 1-year period

14.77%

10.01%

+4.76%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.07%

13.89%

+4.18%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.89%

16.08%

+4.81%

IAK vs. DHS - Expense Ratio Comparison

IAK has a 0.43% expense ratio, which is higher than DHS's 0.38% expense ratio.

Dividends

IAK vs. DHS - Dividend Comparison

IAK's dividend yield for the trailing twelve months is around 2.76%, less than DHS's 3.35% yield.

PositionTTM20252024202320222021202020192018201720162015
DHS
WisdomTree US High Dividend Fund		3.35%3.32%3.66%4.31%3.42%3.29%4.14%3.69%3.76%3.00%3.25%3.53%
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 DHS have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

IAK has higher volatility (3.82%) compared to DHS (2.88%). In terms of maximum drawdown, IAK dropped -77.38% vs DHS's -67.25%.

On 10-year performance, IAK leads with 11.66% vs 9.47% for DHS. On fees, DHS is cheaper at 0.38% per year. On volatility, DHS has been the lower-risk option at 2.88%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, IAK has performed better with a 11.66% return vs 9.47%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

DHS is cheaper with a 0.38% expense ratio, compared with 0.43% for IAK.

DHS has the higher dividend yield at 3.35%, compared with 2.76% for IAK.

IAK is categorized as Financials Equities, while DHS is Large Cap Value Equities. IAK tracks Dow Jones U.S. Select Insurance Index, while DHS tracks WisdomTree U.S. High Dividend Index. They also come from different issuers: iShares and WisdomTree. Their fees differ too: 0.43% for IAK and 0.38% for DHS.

DHS currently has the higher Sharpe Ratio (2.06 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.

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