Snapshot*
Top 10 Holdings
What is IAK?
The iShares Dow Jones U.S. Insurance Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of the Dow Jones U.S. Select Insurance Index.
ETFs related toIAK
ETFs correlated to IAK include KIE, IYF, FAS
What is ETF correlation?
Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.
Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.
Using ETF correlations in portfolio and strategy construction
ETF correlations can help you create investing strategies and portfolios. Use them to:
- •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
- •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
- •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.
Automated Strategies
Related toIAK
The Not Boring: Rising Rates with Vol Switch
Pick the Trending Sector
Create your own algorithmic trading strategy with IAK using Composer
News Related to IAK
Travelers Tops Q1 Estimates On Strong Premium Growth, Profit Hit By Wildfire Losses
Apr 16, 2025 • by Lekha Gupta
Mark Cuban Calls Deductibles 'The Biggest Problem' in Healthcare: 'System…Needs To Be Redesigned'
Feb 25, 2025 • by Rishabh Mishra
Analysts See AIG's Q4 As Positive, But Expense Ratio Limits Stock Gains
Feb 12, 2025 • by Lekha Gupta
California Wildfires Ignite Concerns For Insurance Stocks: Here Are Some Insurance ETFs Which Could Be Impacted
Jan 10, 2025 • by Rishabh Mishra
FAQ
Disclaimers
We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.
We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.