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IAK vs. KIE
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

IAK vs. KIE - Performance Comparison

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

200.00%250.00%300.00%350.00%JuneJulyAugustSeptemberOctoberNovember
274.55%
376.06%
IAK
KIE

Returns By Period

The year-to-date returns for both stocks are quite close, with IAK having a 37.16% return and KIE slightly lower at 36.32%. Both investments have delivered pretty close results over the past 10 years, with IAK having a 12.76% annualized return and KIE not far behind at 12.72%.


IAK

YTD

37.16%

1M

4.13%

6M

18.79%

1Y

40.05%

5Y (annualized)

16.27%

10Y (annualized)

12.76%

KIE

YTD

36.32%

1M

6.49%

6M

20.86%

1Y

38.27%

5Y (annualized)

13.86%

10Y (annualized)

12.72%

Key characteristics


IAKKIE
Sharpe Ratio2.752.63
Sortino Ratio3.613.48
Omega Ratio1.501.46
Calmar Ratio5.994.58
Martin Ratio17.4614.82
Ulcer Index2.29%2.58%
Daily Std Dev14.59%14.54%
Max Drawdown-77.38%-75.30%
Current Drawdown0.00%0.00%

Compare stocks, funds, or ETFs

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IAK vs. KIE - Expense Ratio Comparison

IAK has a 0.43% expense ratio, which is higher than KIE's 0.35% expense ratio.


IAK
iShares U.S. Insurance ETF
Expense ratio chart for IAK: current value at 0.43% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.43%
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

-0.50.00.51.00.9

The correlation between IAK and KIE is 0.95, 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

IAK vs. KIE - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Insurance ETF (IAK) 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 IAK, currently valued at 2.75, compared to the broader market0.002.004.002.752.63
The chart of Sortino ratio for IAK, currently valued at 3.61, compared to the broader market-2.000.002.004.006.008.0010.0012.003.613.48
The chart of Omega ratio for IAK, currently valued at 1.50, compared to the broader market0.501.001.502.002.503.001.501.46
The chart of Calmar ratio for IAK, currently valued at 5.99, compared to the broader market0.005.0010.0015.005.994.58
The chart of Martin ratio for IAK, currently valued at 17.46, compared to the broader market0.0020.0040.0060.0080.00100.00120.0017.4614.82
IAK
KIE

The current IAK Sharpe Ratio is 2.75, which is comparable to the KIE Sharpe Ratio of 2.63. The chart below compares the historical Sharpe Ratios of IAK 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 Ratio1.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
2.75
2.63
IAK
KIE

Dividends

IAK vs. KIE - Dividend Comparison

IAK's dividend yield for the trailing twelve months is around 1.17%, less than KIE's 1.24% yield.


TTM20232022202120202019201820172016201520142013
IAK
iShares U.S. Insurance ETF
1.17%1.44%1.69%2.26%2.07%1.84%2.33%1.62%1.68%1.62%1.57%1.14%
KIE
SPDR S&P Insurance ETF
1.24%1.45%1.90%1.95%1.85%1.76%1.83%1.56%1.55%1.65%1.81%1.38%

Drawdowns

IAK vs. KIE - Drawdown Comparison

The maximum IAK drawdown since its inception was -77.38%, roughly equal to the maximum KIE drawdown of -75.30%. Use the drawdown chart below to compare losses from any high point for IAK and KIE. For additional features, visit the drawdowns tool.


-7.00%-6.00%-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JuneJulyAugustSeptemberOctoberNovember00
IAK
KIE

Volatility

IAK vs. KIE - Volatility Comparison

iShares U.S. Insurance ETF (IAK) and SPDR S&P Insurance ETF (KIE) have volatilities of 6.13% and 6.05%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
6.13%
6.05%
IAK
KIE