PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
IAK vs. XLFI
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IAK vs. XLFI

Last updated Jul 15, 2026
Documentation

IAK (iShares U.S. Insurance ETF) and XLFI (State Street Financial Select Sector SPDR Premium Income ETF) are both exchange-traded funds - IAK is a Financials Equities fund tracking the Dow Jones U.S. Select Insurance Index, while XLFI is a Derivative Income fund actively managed by State Street. IAK is passively managed, while XLFI is actively managed. A 0.55 correlation means they provide meaningful diversification when combined. IAK charges 0.38%/yr vs 0.35%/yr for XLFI.

Performance

IAK vs. XLFI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares U.S. Insurance ETF (IAK) and State Street Financial Select Sector SPDR Premium Income ETF (XLFI). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, IAK achieves a 8.72% return, which is significantly higher than XLFI's 2.12% return.

IAK

1D
-1.74%
1M
7.53%
6M
13.19%
YTD
8.72%
1Y
15.12%
3Y*
21.39%
5Y*
15.67%
10Y*
13.15%

XLFI

1D
0.27%
1M
3.76%
6M
2.75%
YTD
2.12%
1Y
—
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

IAK vs. XLFI - Yearly Performance Comparison

2026 (YTD)2025
IAK
iShares U.S. Insurance ETF		8.72%7.26%
XLFI
State Street Financial Select Sector SPDR Premium Income ETF		2.12%5.40%

Correlation

The correlation between IAK and XLFI is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (All Time)
Calculated using the full available price history since Jul 30, 2025

0.55

IAK vs. XLFI - Sectors Allocation Comparison

Sectors
IAK
XLFI

Financial Services

99.4%
99.9%

Healthcare

0.6%

-

Basic Materials

-

-

Communication Services

-

-

Consumer Cyclical

-

-

Consumer Defensive

-

-

Energy

-

-

Industrials

-

-

Real Estate

-

-

Technology

-

-

Utilities

-

-

Financial Services

IAK
99.4%
XLFI
99.9%

Healthcare

IAK
0.6%
XLFI

-

Basic Materials

IAK

-

XLFI

-

Communication Services

IAK

-

XLFI

-

Consumer Cyclical

IAK

-

XLFI

-

Consumer Defensive

IAK

-

XLFI

-

Energy

IAK

-

XLFI

-

Industrials

IAK

-

XLFI

-

Real Estate

IAK

-

XLFI

-

Technology

IAK

-

XLFI

-

Utilities

IAK

-

XLFI

-

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

State Street Financial Select Sector SPDR Premium Income ETF

Often compared with IAK:
IAK vs. KIEIAK vs. KBWPIAK vs. IHEIAK vs. DIVBIAK vs. INFLIAK vs. VYMIAK vs. ^SP500TR
Often compared with XLFI:
XLFI vs. EUFNXLFI vs. PBPXLFI vs. XLFXLFI vs. XLUXLFI vs. CHPYXLFI vs. FYEEXLFI vs. IVVW

Return for Risk

IAK vs. XLFI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IAK
IAK Risk / Return Rank: 3737
Overall Rank
IAK Sharpe Ratio Rank: 3434
Sharpe Ratio Rank
IAK Sortino Ratio Rank: 3333
Sortino Ratio Rank
IAK Omega Ratio Rank: 3131
Omega Ratio Rank
IAK Calmar Ratio Rank: 5050
Calmar Ratio Rank
IAK Martin Ratio Rank: 3939
Martin Ratio Rank
XLFI

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. XLFI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Insurance ETF (IAK) and State Street Financial Select Sector SPDR Premium Income ETF (XLFI). 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.

IAKXLFIDifference
Sharpe ratioReturn per unit of total volatility
0.99

—

—

Sortino ratioReturn per unit of downside risk
1.48

—

—

Omega ratioGain probability vs. loss probability

1.18

—

—

Calmar ratioReturn relative to maximum drawdown

1.99

—

—

Martin ratioReturn relative to average drawdown

4.89

—

—

IAK vs. XLFI - Sharpe Ratio Comparison

Loading charts...

Drawdowns

IAK vs. XLFI - Drawdown Comparison

The maximum IAK drawdown since its inception was -77.38%, which is greater than XLFI's maximum drawdown of -11.89%. Use the drawdown chart below to compare losses from any high point for IAK and XLFI.

Loading charts...

Drawdown Indicators

IAKXLFIDifference

Max Drawdown

Largest peak-to-trough decline

-77.38%

-11.89%

-65.49%

Max Drawdown (1Y)

Largest decline over 1 year

-7.62%

—

—

Max Drawdown (3Y)

Largest decline over 3 years

-11.58%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-14.76%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-44.95%

—

—

Current Drawdown

Current decline from peak

-1.77%

0.00%

-1.77%

Average Drawdown

Average peak-to-trough decline

-16.05%

-3.16%

-12.89%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.11%

—

—

Volatility

IAK vs. XLFI - Volatility Comparison

Loading charts...

Volatility by Period

IAKXLFIDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.76%

—

—

Volatility (6M)

Calculated over the trailing 6-month period

11.59%

—

—

Volatility (1Y)

Calculated over the trailing 1-year period

15.44%

12.00%

+3.44%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.07%

12.00%

+6.07%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.85%

12.00%

+8.85%

IAK vs. XLFI - Expense Ratio Comparison

IAK has a 0.38% expense ratio, which is higher than XLFI's 0.35% expense ratio.

Dividends

IAK vs. XLFI - Dividend Comparison

IAK's dividend yield for the trailing twelve months is around 2.46%, less than XLFI's 11.41% yield.

PositionTTM20252024202320222021202020192018201720162015
IAK
iShares U.S. Insurance ETF		2.46%1.69%1.49%1.44%1.69%2.26%2.07%1.84%2.33%1.62%1.68%1.62%
XLFI
State Street Financial Select Sector SPDR Premium Income ETF		11.41%5.57%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

IAK and XLFI have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, XLFI is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

XLFI is cheaper with a 0.35% expense ratio, compared with 0.38% for IAK.

XLFI has the higher dividend yield at 11.41%, compared with 2.46% for IAK.

IAK is categorized as Financials Equities, while XLFI is Derivative Income. They also come from different issuers: iShares and State Street. Their fees differ too: 0.38% for IAK and 0.35% for XLFI.

Portfolio Optimizer

Find the right allocation for IAK and XLFI

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer