IAI
iShares U.S. Broker-Dealers & Securities Exchanges ETF
📎 Investment Objective
The iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI) seeks to track the investment results of an index composed of U.S. companies in the securities brokerage and exchange industries.
Overview
ETF tracking iShares U.S. Broker-Dealers & Securities Exchanges ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI) seeks to track the investment results of an index composed of U.S. companies in the securities brokerage and exchange industries.
🎯 Investment Strategy
The ETF employs a passive management strategy, attempting to replicate the performance of the S&P 500 Composite Stock Price Index by investing in a representative sample of the index's component securities.
✨ Key Features
- Provides exposure to U.S. companies involved in securities brokerage and exchange activities
- Passively managed to track the performance of the underlying index
- Low expense ratio of 0.00%
- Relatively new fund with limited performance history
⚠️ Primary Risks
- Concentration risk as the fund is focused on a specific industry sector
- Market risk as the fund's performance is tied to the overall U.S. equity market
- Liquidity risk due to the fund's small asset size
- Tracking error risk as the fund may not perfectly replicate the performance of the underlying index
👤 Best For
This ETF may be suitable for investors seeking exposure to the U.S. securities brokerage and exchange industry as part of a diversified portfolio. It may be of particular interest to investors with a higher risk tolerance and a longer investment horizon.