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IAK vs. WUGI
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IAK vs. WUGI

Last updated Jun 13, 2026

IAK (iShares U.S. Insurance ETF) and WUGI (Esoterica NextG Economy ETF) are both exchange-traded funds - IAK is a Financials Equities fund tracking the Dow Jones U.S. Select Insurance Index, while WUGI is a Large Cap Growth Equities fund actively managed by Esoterica. IAK is passively managed, while WUGI is actively managed. Over the past 5 years, IAK returned 13.37%/yr vs 16.13%/yr for WUGI. At a 0.17 correlation, their price movements are largely independent. IAK charges 0.43%/yr vs 0.75%/yr for WUGI.

Performance

IAK vs. WUGI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares U.S. Insurance ETF (IAK) and Esoterica NextG Economy ETF (WUGI). 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 1.11% return, which is significantly lower than WUGI's 23.35% return.

IAK

1D
0.68%
1M
4.20%
YTD
1.11%
6M
0.88%
1Y
4.33%
3Y*
18.27%
5Y*
13.37%
10Y*
12.67%

WUGI

1D
1.10%
1M
5.98%
YTD
23.35%
6M
25.24%
1Y
38.78%
3Y*
33.73%
5Y*
16.13%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

IAK vs. WUGI - Yearly Performance Comparison

2026 (YTD)202520242023202220212020
IAK
iShares U.S. Insurance ETF		1.11%9.50%28.25%11.28%11.33%26.84%33.43%
WUGI
Esoterica NextG Economy ETF		23.35%22.66%47.14%61.30%-49.55%25.18%97.36%

Correlation

The correlation between IAK and WUGI is -0.13, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

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

-0.13

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

-0.01

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

0.17

Correlation (All Time)
Calculated using the full available price history since Mar 31, 2020

0.17

The correlation between IAK and WUGI shifts across timeframes, from -0.13 (1 year) to 0.17 (5 years), reflecting how their relationship changes across market environments.

IAK vs. WUGI - Sectors Allocation Comparison

Sectors
IAK
WUGI

Financial Services

99.5%
1.8%

Healthcare

0.5%
0.2%

Basic Materials

-

0.0%

Communication Services

-

12.1%

Consumer Cyclical

-

6.3%

Consumer Defensive

-

0.1%

Energy

-

0.0%

Industrials

-

9.3%

Real Estate

-

0.1%

Technology

-

70.5%

Utilities

-

-

Financial Services

IAK
99.5%
WUGI
1.8%

Healthcare

IAK
0.5%
WUGI
0.2%

Basic Materials

IAK

-

WUGI
0.0%

Communication Services

IAK

-

WUGI
12.1%

Consumer Cyclical

IAK

-

WUGI
6.3%

Consumer Defensive

IAK

-

WUGI
0.1%

Energy

IAK

-

WUGI
0.0%

Industrials

IAK

-

WUGI
9.3%

Real Estate

IAK

-

WUGI
0.1%

Technology

IAK

-

WUGI
70.5%

Utilities

IAK

-

WUGI

-

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

Esoterica NextG Economy ETF

Often compared with IAK:
IAK vs. KIEIAK vs. KBWPIAK vs. IHEIAK vs. DIVBIAK vs. INFLIAK vs. VYMIAK vs. VTI
Often compared with WUGI:
WUGI vs. WCBRWUGI vs. OGIGWUGI vs. NXTGWUGI vs. CHATWUGI vs. SMHWUGI vs. QQQWUGI vs. VGT

Return for Risk

IAK vs. WUGI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IAK
IAK Risk / Return Rank: 1515
Overall Rank
IAK Sharpe Ratio Rank: 1414
Sharpe Ratio Rank
IAK Sortino Ratio Rank: 1313
Sortino Ratio Rank
IAK Omega Ratio Rank: 1313
Omega Ratio Rank
IAK Calmar Ratio Rank: 1717
Calmar Ratio Rank
IAK Martin Ratio Rank: 1616
Martin Ratio Rank
WUGI
WUGI Risk / Return Rank: 4949
Overall Rank
WUGI Sharpe Ratio Rank: 5151
Sharpe Ratio Rank
WUGI Sortino Ratio Rank: 4747
Sortino Ratio Rank
WUGI Omega Ratio Rank: 4949
Omega Ratio Rank
WUGI Calmar Ratio Rank: 4949
Calmar Ratio Rank
WUGI Martin Ratio Rank: 4747
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. WUGI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Insurance ETF (IAK) and Esoterica NextG Economy ETF (WUGI). 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.

IAKWUGIDifference
Sharpe ratioReturn per unit of total volatility
0.29
1.54

-1.25

Sortino ratioReturn per unit of downside risk
0.50
2.08

-1.57

Omega ratioGain probability vs. loss probability

1.06

1.28

-0.22

Calmar ratioReturn relative to maximum drawdown

0.57

2.17

-1.60

Martin ratioReturn relative to average drawdown

1.27

7.02

-5.74

IAK vs. WUGI - Sharpe Ratio Comparison

The current IAK Sharpe Ratio is 0.29, which is lower than the WUGI Sharpe Ratio of 1.54. The chart below compares the historical Sharpe Ratios of IAK and WUGI, 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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Drawdowns

IAK vs. WUGI - Drawdown Comparison

The maximum IAK drawdown since its inception was -77.38%, which is greater than WUGI's maximum drawdown of -56.41%. Use the drawdown chart below to compare losses from any high point for IAK and WUGI.

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Drawdown Indicators

IAKWUGIDifference

Max Drawdown

Largest peak-to-trough decline

-77.38%

-56.41%

-20.97%

Max Drawdown (1Y)

Largest decline over 1 year

-7.62%

-17.99%

+10.37%

Max Drawdown (3Y)

Largest decline over 3 years

-11.58%

-27.49%

+15.91%

Max Drawdown (5Y)

Largest decline over 5 years

-14.76%

-56.41%

+41.65%

Max Drawdown (10Y)

Largest decline over 10 years

-44.95%

—

—

Current Drawdown

Current decline from peak

-0.23%

-3.98%

+3.75%

Average Drawdown

Average peak-to-trough decline

-16.11%

-16.61%

+0.50%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.41%

5.54%

-2.13%

Volatility

IAK vs. WUGI - Volatility Comparison

The current volatility for iShares U.S. Insurance ETF (IAK) is 5.49%, while Esoterica NextG Economy ETF (WUGI) has a volatility of 13.03%. This indicates that IAK experiences smaller price fluctuations and is considered to be less risky than WUGI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IAKWUGIDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.49%

13.03%

-7.54%

Volatility (6M)

Calculated over the trailing 6-month period

10.75%

22.14%

-11.39%

Volatility (1Y)

Calculated over the trailing 1-year period

15.10%

25.36%

-10.26%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.14%

31.07%

-12.93%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.92%

31.09%

-10.17%

IAK vs. WUGI - Expense Ratio Comparison

IAK has a 0.43% expense ratio, which is lower than WUGI's 0.75% expense ratio.

Dividends

IAK vs. WUGI - Dividend Comparison

IAK's dividend yield for the trailing twelve months is around 2.60%, less than WUGI's 18.51% yield.

PositionTTM20252024202320222021202020192018201720162015
IAK
iShares U.S. Insurance ETF		2.60%1.69%1.49%1.44%1.69%2.26%2.07%1.84%2.33%1.62%1.68%1.62%
WUGI
Esoterica NextG Economy ETF		18.51%22.83%4.09%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

IAK and WUGI have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

WUGI has higher volatility (13.03%) compared to IAK (5.49%). In terms of maximum drawdown, IAK dropped -77.38% vs WUGI's -56.41%.

On 5-year performance, WUGI leads with 16.13% vs 13.37% for IAK. On fees, IAK is cheaper at 0.43% per year. On volatility, IAK has been the lower-risk option at 5.49%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, WUGI has performed better with a 16.13% return vs 13.37%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

IAK is cheaper with a 0.43% expense ratio, compared with 0.75% for WUGI.

WUGI has the higher dividend yield at 18.51%, compared with 2.60% for IAK.

IAK is categorized as Financials Equities, while WUGI is Large Cap Growth Equities. They also come from different issuers: iShares and Esoterica. Their fees differ too: 0.43% for IAK and 0.75% for WUGI.

WUGI currently has the higher Sharpe Ratio (1.54 vs 0.29), 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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