IAK vs. DIVB
IAK (iShares U.S. Insurance ETF) and DIVB (iShares Core Dividend ETF) are both exchange-traded funds - IAK is a Financials Equities fund tracking the Dow Jones U.S. Select Insurance Index, while DIVB is a Dividend fund tracking the Morningstar US Dividend and Buyback Index. Both are passively managed. Over the past 5 years, IAK returned 14.57%/yr vs 12.39%/yr for DIVB. A 0.71 correlation means they provide meaningful diversification when combined. IAK charges 0.38%/yr vs 0.05%/yr for DIVB.
Performance
IAK vs. DIVB - Performance Comparison
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Returns By Period
In the year-to-date period, IAK achieves a 3.62% return, which is significantly lower than DIVB's 17.14% return.
IAK
- 1D
- 2.19%
- 1M
- 3.60%
- YTD
- 3.62%
- 6M
- 2.70%
- 1Y
- 6.36%
- 3Y*
- 19.69%
- 5Y*
- 14.57%
- 10Y*
- 13.20%
DIVB
- 1D
- 1.02%
- 1M
- 1.64%
- YTD
- 17.14%
- 6M
- 16.48%
- 1Y
- 27.72%
- 3Y*
- 21.75%
- 5Y*
- 12.39%
- 10Y*
- —
IAK vs. DIVB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IAK iShares U.S. Insurance ETF | 3.62% | 9.50% | 28.25% | 11.28% | 11.33% | 26.84% | -2.86% | 25.94% | -11.48% | 1.51% |
DIVB iShares Core Dividend ETF | 17.14% | 15.09% | 18.59% | 13.27% | -10.51% | 31.29% | 10.78% | 32.72% | -8.16% | 5.95% |
Correlation
The correlation between IAK and DIVB is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.54 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.66 |
Correlation (All Time) Calculated using the full available price history since Nov 9, 2017 | 0.71 |
Over the past year, the correlation between IAK and DIVB has dropped to 0.44 - well below their long-term average of 0.71, suggesting their price drivers have been diverging.
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Return for Risk
IAK vs. DIVB — Risk / Return Rank
IAK
DIVB
IAK vs. DIVB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Insurance ETF (IAK) and iShares Core Dividend ETF (DIVB). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IAK | DIVB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.96 | ||
| Sortino ratioReturn per unit of downside risk | -2.65 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.42 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | 0.84 | 4.08 | -3.24 |
| Martin ratioReturn relative to average drawdown | 1.87 | 13.64 | -11.77 |
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Drawdowns
IAK vs. DIVB - Drawdown Comparison
The maximum IAK drawdown since its inception was -77.38%, which is greater than DIVB's maximum drawdown of -36.93%. Use the drawdown chart below to compare losses from any high point for IAK and DIVB.
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Drawdown Indicators
| IAK | DIVB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.38% | -36.93% | -40.45% |
Max Drawdown (1Y)Largest decline over 1 year | -7.62% | -6.82% | -0.80% |
Max Drawdown (3Y)Largest decline over 3 years | -11.58% | -15.45% | +3.87% |
Max Drawdown (5Y)Largest decline over 5 years | -14.76% | -21.08% | +6.32% |
Max Drawdown (10Y)Largest decline over 10 years | -44.95% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -1.10% | +1.10% |
Average DrawdownAverage peak-to-trough decline | -16.09% | -4.97% | -11.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.41% | 2.04% | +1.37% |
Volatility
IAK vs. DIVB - Volatility Comparison
iShares U.S. Insurance ETF (IAK) has a higher volatility of 5.62% compared to iShares Core Dividend ETF (DIVB) at 4.61%. This indicates that IAK's price experiences larger fluctuations and is considered to be riskier than DIVB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IAK | DIVB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.62% | 4.61% | +1.01% |
Volatility (6M)Calculated over the trailing 6-month period | 10.66% | 8.84% | +1.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.18% | 11.70% | +3.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.06% | 15.26% | +2.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.87% | 18.36% | +2.51% |
IAK vs. DIVB - Expense Ratio Comparison
IAK has a 0.38% expense ratio, which is higher than DIVB's 0.05% expense ratio.
Dividends
IAK vs. DIVB - Dividend Comparison
IAK's dividend yield for the trailing twelve months is around 2.58%, more than DIVB's 2.27% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DIVB iShares Core Dividend ETF | 2.27% | 2.50% | 2.61% | 3.18% | 2.02% | 1.63% | 2.08% | 2.07% | 2.52% | 0.37% | 0.00% | 0.00% |
IAK iShares U.S. Insurance ETF | 2.58% | 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 DIVB have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IAK has higher volatility (5.62%) compared to DIVB (4.61%). In terms of maximum drawdown, IAK dropped -77.38% vs DIVB's -36.93%.
On 5-year performance, IAK leads with 14.57% vs 12.39% for DIVB. On fees, DIVB is cheaper at 0.05% per year. On volatility, DIVB has been the lower-risk option at 4.61%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, IAK has performed better with a 14.57% return vs 12.39%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
DIVB is cheaper with a 0.05% expense ratio, compared with 0.38% for IAK.
IAK has the higher dividend yield at 2.58%, compared with 2.27% for DIVB.
IAK is categorized as Financials Equities, while DIVB is Dividend. IAK tracks Dow Jones U.S. Select Insurance Index, while DIVB tracks Morningstar US Dividend and Buyback Index. Their fees differ too: 0.38% for IAK and 0.05% for DIVB.
DIVB currently has the higher Sharpe Ratio (2.38 vs 0.42), 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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