IAK
iShares U.S. Insurance ETF
📎 Investment Objective
The iShares U.S. Insurance ETF (IAK) seeks to track the investment results of an index composed of U.S. companies in the insurance industry.
Overview
ETF tracking iShares U.S. Insurance ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The iShares U.S. Insurance ETF (IAK) seeks to track the investment results of an index composed of U.S. companies in the insurance industry.
🎯 Investment Strategy
The ETF employs a passive management strategy, attempting to replicate the performance of the Dow Jones U.S. Select Insurance Index. It invests in a representative sample of the index's constituent securities to achieve its investment objective.
✨ Key Features
- Provides exposure to the U.S. insurance industry, including life, property, and casualty insurance companies
- Diversified portfolio of insurance stocks, with no single holding accounting for more than 5% of the fund
- Low expense ratio of 0.00%, making it a cost-effective way to gain exposure to the insurance sector
- Suitable for investors seeking targeted exposure to the U.S. insurance industry as part of a broader portfolio
⚠️ Primary Risks
- Concentration risk as the fund is focused on a single industry sector
- Equity market risk as the value of the underlying stocks can fluctuate based on overall market conditions
- Regulatory and legislative risk as changes in the insurance industry can impact the performance of the fund
- Liquidity risk as the fund may have difficulty trading certain securities in volatile or uncertain market conditions
👤 Best For
This ETF may be suitable for investors seeking exposure to the U.S. insurance industry as part of a diversified portfolio. It could be of interest to investors with a medium to long-term investment horizon who are comfortable with the risks associated with the insurance sector.