iShares U.S. Insurance ETF (IAK)
ARCA ARCA Primary Summary
IAK Chart
IAK: The Insurance Sector Back In The Spotlight
iShares U.S. Insurance ETF offers focused, cap-weighted exposure to the U.S. insurance sector, with a strong P&C tilt. IAK benefits from a hawkish Fed, subdued catastrophe risk, and active M&A, supporting sector profitability and potential multiple expansion. The ETF trades at attractive valuations—P/E of 11.7x, P/B of 1.66x—relative to the S&P 500, with a low beta profile.
Should You Invest in the iShares U.S. Insurance ETF (IAK)?
If you're interested in broad exposure to the Financials - Insurance segment of the equity market, look no further than the iShares U.S. Insurance ETF (IAK), a passively managed exchange traded fund launched on May 1, 2006.
Should You Invest in the iShares U.S. Insurance ETF (IAK)?
If you're interested in broad exposure to the Financials - Insurance segment of the equity market, look no further than the iShares U.S. Insurance ETF (IAK), a passively managed exchange traded fund launched on May 1, 2006.
iShares U.S. Insurance ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
 Bank Hapoalim B.M. Bank Hapoalim B.M. | 2,930 | $269,887.39 | $416,353 | $146,465.61 | 54.27% |
| YA Yinka Akinsola Blue Trust Inc. | 406 | $52,164.34 | $57,790.04 | $5,625.7 | 10.78% |
 Jeff Ameen Spire Wealth Management | 2,390 | $271,126.96 | $347,410.4 | $76,283.44 | 28.14% |
| YL Yosef Levy Y.D. More Investments Ltd. | 630 | $53,941 | $89,504.1 | $35,563.1 | 65.93% |
 Katie Smith Delos Wealth Advisors LLC | 10,789 | $1.34M | $1.53M | $189,661.46 | 14.12% |
iShares U.S. Insurance ETF (IAK) FAQ
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Does it pay dividends? What is the current yield?
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Has iShares U.S. Insurance ETF ever had a stock split?
iShares U.S. Insurance ETF Profile
| ARCA Exchange | US Country |
Overview
This described fund is structured to track the performance of its underlying index closely. It commits at least 80% of its assets towards investments in the securities that are part of its underlying index or those with similar economic characteristics. The fund’s management is inclined towards preserving the alignment with the index’s performance while also retaining the flexibility to invest up to 20% of its assets in derivatives such as futures, options, and swap contracts, alongside cash and cash equivalents. This allows for potential strategic moves to enhance the fund’s tracking precision relative to the index. Securities not included within the underlying index may also be considered if they are deemed to support the fund's objectives. It is important to note that the fund is non-diversified, implying it may invest more heavily in fewer securities, potentially increasing its volatility and risk.
Products and Services
- Component Securities Investments
The foundation of the fund's strategy is its investment in the component securities of its underlying index. This ensures that the fund’s performance closely mirrors the performance of the index it aims to track, making it a suitable option for investors looking to replicate specific market or sector performance in their portfolios.
- Investments in Derivatives
Up to 20% of the fund's assets may be allocated towards futures, options, and swap contracts. This facet of the fund’s strategy allows for hedging against market volatility and other strategic investment opportunities, potentially enhancing the fund’s ability to maintain alignment with its underlying index.
- Cash and Cash Equivalents
Part of the fund’s assets may be held in cash and cash equivalents. This liquidity provision enables the fund to meet redemption requests efficiently and to take advantage of immediate investment opportunities, contributing to the fund’s overall flexibility and responsiveness to market changes.
- Securities Not Included in the Underlying Index
The fund retains the discretion to invest in securities not included in its underlying index. This strategy, overseen by BFA, seeks to enhance the fund’s index tracking accuracy. These investments are selected based on their potential to align with the economic characteristics of the component securities of the underlying index.
