iShares U.S. Insurance ETF (IAK) is a financial sector ETF. As of October 9, 2026, ETF Copilot scores IAK 5.4 out of 10 — highest on Value (8.3), lowest on Growth (0.1). It trades at 10.1 times earnings, against its own median of 12.7. Its ten largest holdings are 67% of the fund.
What stands out in IAK's data
U.S. insurance carriers, held through a market-cap-weighted index.
Earns more on its equity than the typical financials fund — a sign of real capital discipline.
Return on equity of 19.2% sits above the category median of 16.9% and well above its own 12.1% historical median. A 3-year volatility of 17.1% is low for the group.
A sector sleeve that trades at a discount to earnings, with thin margins as the trade-off.
Why did IAK move this week? It rose 2.1% in the week to October 9, 2026 — Progressive and Chubb drove it
IAK rose 2.1% in the week to October 9, 2026. The holdings that moved it most were Progressive (+3.4%), Chubb (+3.1%) and The Travelers (+2.3%); Principal Financial (−4.2%) pushed the other way.
How is IAK rated? ETF Copilot scores iShares U.S. Insurance ETF (IAK) 5.4 out of 10
As of October 9, 2026, ETF Copilot scores iShares U.S. Insurance ETF (IAK) 5.4 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 5.4 / 10
- Growth: 0.1 / 10
- Value: 8.3 / 10
- Risk: 8.0 / 10
- Quality: 6.4 / 10
- Return: 6.3 / 10
IAK is ranked #10 of 10 in ETF Copilot's Quality list.
Is IAK expensive right now? It trades at 10.1 times earnings, against its own median of 12.7
As of October 9, 2026, IAK is cheaper than 87% of its own last 9 years.
Trailing 12 months, built from IAK's holdings. How we calculate this →
What's inside IAK?
What's inside IAK: Size (Large 68%, Mid 27%, Small 5%); Geography (International 18%, US 82%); Tech 0.2%.
What are IAK's top holdings? The ten largest are 67% of the fund
HCI, Horace Mann Educators, Slide Insurance, Stewart Information Services, Porch, Safety Insurance, Kemper, United Fire, Universal Insurance and CNA Financial are IAK's largest holdings, in that order.
More concentrated than 84% of Financials ETFs.
Half of IAK's weight sits in its 6 largest positions, and once those weights are taken into account it behaves like 16 equally weighted holdings.
What is IAK's expense ratio? 0.37% a year
As of October 9, 2026, IAK charges 0.37% a year, yields 2.54% and holds $421M in assets across 62 positions.
| Measure | IAK |
|---|---|
| Expense ratio | 0.37% |
| Dividend yield | 2.54% |
| Assets under management | $421M |
| Holdings | 62 |
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.
Cite this
ETF Copilot, “iShares U.S. Insurance ETF (IAK) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/iak
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