IAK vs. TIPT
IAK (iShares U.S. Insurance ETF) is Financials Equities fund tracking the Dow Jones U.S. Select Insurance Index, while TIPT (Tiptree Inc.) is a stock. Over the past 10 years, IAK returned 11.66%/yr vs 14.16%/yr for TIPT. At a 0.31 correlation, their price movements are largely independent.
Performance
IAK vs. TIPT - Performance Comparison
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Returns By Period
In the year-to-date period, IAK achieves a -4.56% return, which is significantly higher than TIPT's -5.33% return. Over the past 10 years, IAK has underperformed TIPT with an annualized return of 11.66%, while TIPT has yielded a comparatively higher 14.16% 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%
TIPT
- 1D
- -3.05%
- 1M
- 1.01%
- YTD
- -5.33%
- 6M
- -7.11%
- 1Y
- -23.59%
- 3Y*
- 9.36%
- 5Y*
- 12.88%
- 10Y*
- 14.16%
IAK vs. TIPT - 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% |
TIPT Tiptree Inc. | -5.33% | -11.42% | 12.76% | 38.80% | 1.39% | 179.66% | -36.51% | 49.03% | -4.02% | -1.40% |
Correlation
The correlation between IAK and TIPT 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 | 0.45 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.45 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Oct 18, 2010 | 0.31 |
The correlation between IAK and TIPT shifts across timeframes, from 0.31 (all time) to 0.45 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
IAK vs. TIPT — Risk / Return Rank
IAK
TIPT
IAK vs. TIPT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Insurance ETF (IAK) and Tiptree Inc. (TIPT). 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 | TIPT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.37 | ||
| Sortino ratioReturn per unit of downside risk | +0.42 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 0.90 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | -0.55 | -0.63 | +0.08 |
| Martin ratioReturn relative to average drawdown | -1.14 | -0.90 | -0.24 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IAK | TIPT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.28 | -0.66 | +0.37 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.64 | 0.34 | +0.30 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | 0.32 | +0.24 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.26 | 0.23 | +0.03 |
Drawdowns
IAK vs. TIPT - Drawdown Comparison
The maximum IAK drawdown since its inception was -77.38%, which is greater than TIPT's maximum drawdown of -51.20%. Use the drawdown chart below to compare losses from any high point for IAK and TIPT.
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Drawdown Indicators
| IAK | TIPT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.38% | -51.20% | -26.18% |
Max Drawdown (1Y)Largest decline over 1 year | -7.62% | -37.87% | +30.25% |
Max Drawdown (3Y)Largest decline over 3 years | -11.58% | -37.87% | +26.29% |
Max Drawdown (5Y)Largest decline over 5 years | -14.76% | -39.05% | +24.29% |
Max Drawdown (10Y)Largest decline over 10 years | -44.95% | -45.47% | +0.52% |
Current DrawdownCurrent decline from peak | -5.82% | -31.93% | +26.11% |
Average DrawdownAverage peak-to-trough decline | -16.13% | -21.97% | +5.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.96% | 26.13% | -22.17% |
Volatility
IAK vs. TIPT - Volatility Comparison
The current volatility for iShares U.S. Insurance ETF (IAK) is 3.82%, while Tiptree Inc. (TIPT) has a volatility of 8.93%. This indicates that IAK experiences smaller price fluctuations and is considered to be less risky than TIPT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IAK | TIPT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.82% | 8.93% | -5.11% |
Volatility (6M)Calculated over the trailing 6-month period | 9.98% | 16.71% | -6.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.77% | 36.13% | -21.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.07% | 37.72% | -19.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.89% | 44.37% | -23.48% |
Dividends
IAK vs. TIPT - Dividend Comparison
IAK's dividend yield for the trailing twelve months is around 2.76%, more than TIPT's 1.40% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
TIPT Tiptree Inc. | 1.40% | 1.31% | 2.35% | 1.05% | 1.16% | 1.16% | 3.19% | 1.90% | 2.42% | 2.02% | 1.63% | 1.63% |
Frequently Asked Questions
IAK and TIPT 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.
TIPT has higher volatility (8.93%) compared to IAK (3.82%). In terms of maximum drawdown, IAK dropped -77.38% vs TIPT's -51.20%.
IAK currently has the higher Sharpe Ratio (-0.28 vs -0.66), 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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