FXO vs IAI: holdings overlap, shared companies and scores
As of September 11, 2026, FXO and IAI overlap 10.0% by weight. First Trust Financials AlphaDEX Fund (FXO): U.S. financials stocks. iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI): U.S. broker-dealers and exchanges.
Updated September 11, 2026
How much do FXO and IAI overlap?
As of September 11, 2026, FXO and IAI overlap 10.0% by weight.
14% of FXO is already inside IAI.
36% of IAI is already inside FXO.
FXO holds 104 companies and IAI holds 38; 17 are in both.
Computed by ETF Copilot from both funds' holdings rather than quoted from a data provider, and rebuilt nightly.
How does ETF Copilot score FXO and IAI?
As of September 11, 2026, ETF Copilot scores FXO 4.4 out of 10 and IAI 4.4 out of 10.
They differ most on Valuation: FXO 7.7 and IAI 3.0.
The five factor scores behind them are set out below, 0–10 and higher is better, ranked against every US equity ETF we track.
| Factor | FXO | IAI |
|---|---|---|
| Growth | 0.3 | 1.9 |
| Valuation | 7.7 | 3.0 |
| Risk | 2.3 | 1.4 |
| Quality | 6.7 | 7.1 |
| Return | 6.2 | 8.3 |
IAI is the cheaper of the two at 0.37% a year
As of September 11, 2026, FXO charges 0.60% a year, yields 2.65% and holds $1.1B in assets across 104 positions.
As of September 11, 2026, IAI charges 0.37% a year, yields 1.42% and holds $1.4B in assets across 38 positions.
| Measure | FXO | IAI |
|---|---|---|
| Expense ratio | 0.60% | 0.37% |
| Dividend yield | 2.65% | 1.42% |
| Assets under management | $1.1B | $1.4B |
| Holdings | 104 | 38 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Where FXO and IAI trade against their own history
FXO trades at 10.4 times earnings, against its own median of 11.4, and is cheaper than 61% of its own 114 monthly readings since 2017.
IAI trades at 20.1 times earnings, against its own median of 17.1, and is more expensive than 58% of its own 114 monthly readings since 2017.
What moved FXO and IAI this week
FXO fell 3.1% in the week to September 11, 2026. The holdings that moved it most were Factset Research Systems (−17.0%), Morningstar (−11.5%) and Hamilton Lane (−7.2%); Wells Fargo (+1.2%) pushed the other way.
IAI fell 3.8% in the week to September 11, 2026. The holdings that moved it most were Robinhood Markets (−9.7%), S&P Global (−8.8%) and Coinbase Global (−9.1%); Stonex (+1.2%) pushed the other way.
What do FXO and IAI each hold?
What's inside FXO: Tech 2%.
18% of FXO is its ten largest holdings.
75% of IAI is its ten largest holdings.
Compare with similar funds
Cite this
ETF Copilot, “FXO vs IAI holdings overlap and scores”, as of September 11, 2026.
https://etf-copilot.com/compare/fxo-vs-iai
- First Trust Financials AlphaDEX Fund (FXO)
- iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI)
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