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IAK vs. XLFI
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IAK vs. XLFI

Last updated Aug 4, 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. Over the past year, IAK returned 19.67% vs 12.57% for XLFI. Their 0.53 correlation means they have sometimes moved together and sometimes differently. 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.

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Returns By Period

In the year-to-date period, IAK achieves a 10.11% return, which is significantly higher than XLFI's 4.34% return.

IAK

1D
0.03%
1M
-0.03%
6M
12.56%
YTD
10.11%
1Y
19.67%
3Y*
19.67%
5Y*
15.99%
10Y*
13.18%
ALL TIME*
7.39%

XLFI

1D
1.13%
1M
3.25%
6M
5.06%
YTD
4.34%
1Y
12.57%
3Y*
—
5Y*
—
10Y*
—
ALL TIME*
9.86%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

IAK

iShares U.S. Insurance ETF
$15.27M$20.59M$12.29M

XLFI

State Street Financial Select Sector SPDR Premium Income ETF
$182.20K$220.07K$173.47K

IAK vs. XLFI - Yearly Performance Comparison

2026 (YTD)2025
IAK
iShares U.S. Insurance ETF		10.11%7.26%
XLFI
State Street Financial Select Sector SPDR Premium Income ETF		4.34%5.40%

Correlation

The correlation between IAK and XLFI is 0.53, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.53

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

0.53

The correlation between IAK and XLFI has been stable across timeframes, ranging from 0.53 to 0.53 - a consistent structural relationship.

IAK vs. XLFI - Sectors Allocation Comparison

Sectors
IAK
XLFI

Financial Services

99.3%
100.4%

Healthcare

0.7%

-

Basic Materials

-

-

Communication Services

-

-

Consumer Cyclical

-

-

Consumer Defensive

-

-

Energy

-

-

Industrials

-

-

Real Estate

-

-

Technology

-

-

Utilities

-

-

Financial Services

IAK
99.3%
XLFI
100.4%

Healthcare

IAK
0.7%
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. ^SP500TRIAK vs. VYM
Often compared with XLFI:
XLFI vs. XLFXLFI vs. EUFNXLFI vs. PBPXLFI vs. KREXLFI vs. FXOXLFI vs. IVVWXLFI vs. IYF

Return for Risk

IAK vs. XLFI — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
IAK
IAK Risk / Return Rank: 5454
Overall Rank
IAK Sharpe Ratio Rank: 4949
Sharpe Ratio Rank
IAK Sortino Ratio Rank: 4949
Sortino Ratio Rank
IAK Omega Ratio Rank: 4747
Omega Ratio Rank
IAK Calmar Ratio Rank: 7272
Calmar Ratio Rank
IAK Martin Ratio Rank: 5252
Martin Ratio Rank
XLFI
XLFI Risk / Return Rank: 3535
Overall Rank
XLFI Sharpe Ratio Rank: 3939
Sharpe Ratio Rank
XLFI Sortino Ratio Rank: 3636
Sortino Ratio Rank
XLFI Omega Ratio Rank: 3838
Omega Ratio Rank
XLFI Calmar Ratio Rank: 3030
Calmar Ratio Rank
XLFI Martin Ratio Rank: 3131
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

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
1.24
1.07

+0.17

Sortino ratioReturn per unit of downside risk
1.81
1.45

+0.36

Omega ratioGain probability vs. loss probability

1.22

1.20

+0.03

Calmar ratioReturn relative to maximum drawdown

2.59

1.06

+1.53

Martin ratioReturn relative to average drawdown

6.29

2.98

+3.31

IAK vs. XLFI - Sharpe Ratio Comparison

The current IAK Sharpe Ratio is 1.24, which is comparable to the XLFI Sharpe Ratio of 1.07. The chart below compares the historical Sharpe Ratios of IAK and XLFI, 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. 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.

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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%

-11.89%

+4.27%

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

-3.20%

0.00%

-3.20%

Average Drawdown

Average peak-to-trough decline

-16.01%

-3.01%

-13.00%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.13%

4.22%

-1.09%

Volatility

IAK vs. XLFI - Volatility Comparison

iShares U.S. Insurance ETF (IAK) has a higher volatility of 6.56% compared to State Street Financial Select Sector SPDR Premium Income ETF (XLFI) at 2.84%. This indicates that IAK's price experiences larger fluctuations and is considered to be riskier than XLFI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IAKXLFIDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.56%

2.84%

+3.72%

Volatility (6M)

Calculated over the trailing 6-month period

12.42%

9.14%

+3.28%

Volatility (1Y)

Calculated over the trailing 1-year period

15.99%

11.82%

+4.17%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.13%

11.88%

+6.25%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.92%

11.88%

+9.04%

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 2.42%, less than XLFI's 12.13% yield.

PositionTTM20252024202320222021202020192018201720162015
IAK
iShares U.S. Insurance ETF		2.42%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		12.13%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 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

IAK has higher volatility (6.56%) compared to XLFI (2.84%). In terms of maximum drawdown, IAK dropped -77.38% vs XLFI's -11.89%.

On 1-year performance, IAK leads with 19.67% vs 12.57% for XLFI. On fees, XLFI is cheaper at 0.35% per year. On volatility, XLFI has been the lower-risk option at 2.84%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 1-year period, IAK has performed better with a 19.67% return vs 12.57%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

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

XLFI has the higher dividend yield at 12.13%, compared with 2.42% 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.

IAK currently has the higher Sharpe Ratio (1.24 vs 1.07), 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.

Portfolio Optimizer

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