IAK vs. GXG
Compare and contrast key facts about iShares U.S. Insurance ETF (IAK) and Global X MSCI Colombia ETF (GXG).
IAK and GXG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IAK is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Select Insurance Index. It was launched on May 5, 2006. GXG is a passively managed fund by Global X that tracks the performance of the MSCI All Colombia Select 25/50. It was launched on Feb 5, 2009. Both IAK and GXG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IAK or GXG.
Correlation
The correlation between IAK and GXG is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
IAK vs. GXG - Performance Comparison
Key characteristics
IAK:
0.80
GXG:
0.65
IAK:
1.18
GXG:
1.02
IAK:
1.16
GXG:
1.13
IAK:
1.37
GXG:
0.23
IAK:
3.73
GXG:
1.37
IAK:
4.24%
GXG:
10.34%
IAK:
19.79%
GXG:
21.72%
IAK:
-77.38%
GXG:
-78.88%
IAK:
-6.48%
GXG:
-51.68%
Returns By Period
In the year-to-date period, IAK achieves a 2.97% return, which is significantly lower than GXG's 20.22% return. Over the past 10 years, IAK has outperformed GXG with an annualized return of 12.40%, while GXG has yielded a comparatively lower -1.96% annualized return.
IAK
2.97%
-4.91%
2.43%
18.59%
22.22%
12.40%
GXG
20.22%
-0.22%
22.25%
13.87%
11.56%
-1.96%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
IAK vs. GXG - Expense Ratio Comparison
IAK has a 0.43% expense ratio, which is lower than GXG's 0.62% expense ratio.
Risk-Adjusted Performance
IAK vs. GXG — Risk-Adjusted Performance Rank
IAK
GXG
IAK vs. GXG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Insurance ETF (IAK) and Global X MSCI Colombia ETF (GXG). 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.
Dividends
IAK vs. GXG - Dividend Comparison
IAK's dividend yield for the trailing twelve months is around 1.74%, less than GXG's 5.06% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IAK iShares U.S. Insurance ETF | 1.74% | 1.49% | 1.44% | 1.69% | 2.26% | 2.07% | 1.84% | 2.33% | 1.62% | 1.68% | 1.62% | 1.57% |
GXG Global X MSCI Colombia ETF | 5.06% | 6.08% | 7.00% | 12.55% | 2.32% | 3.23% | 3.04% | 3.03% | 1.83% | 1.48% | 1.58% | 3.20% |
Drawdowns
IAK vs. GXG - Drawdown Comparison
The maximum IAK drawdown since its inception was -77.38%, roughly equal to the maximum GXG drawdown of -78.88%. Use the drawdown chart below to compare losses from any high point for IAK and GXG. For additional features, visit the drawdowns tool.
Volatility
IAK vs. GXG - Volatility Comparison
The current volatility for iShares U.S. Insurance ETF (IAK) is 12.17%, while Global X MSCI Colombia ETF (GXG) has a volatility of 13.04%. This indicates that IAK experiences smaller price fluctuations and is considered to be less risky than GXG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.