IAK vs. ABEQ ETF Comparison

Comparison of iShares U.S. Insurance ETF (IAK) to Absolute Core Strategy ETF (ABEQ)
IAK

iShares U.S. Insurance ETF

IAK Description

The investment seeks to track the investment results of an index composed of U.S. equities in the insurance sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Select Insurance Index (the "underlying index"), which measures the performance of the insurance sector of the U.S. equity market. The underlying index may include large-, mid- or small-capitalization companies, and components primarily include financial and insurance companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$113.74

Average Daily Volume

85,718

Number of Holdings *

55

* may have additional holdings in another (foreign) market
ABEQ

Absolute Core Strategy ETF

ABEQ Description The investment seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index, the CIBC Atlas Clean Energy Index (ticker symbol NACEX) (the underlying index). The fund will invest at least 80% of its net assets in securities that comprise the underlying index. The underlying index utilizes a rules-based methodology developed by CIBC National Trust Company (the index provider), which is designed to provide exposure to a diverse set of U.S. and Canadian companies involved in the clean energy sector including renewables and clean technology. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$29.77

Average Daily Volume

7,014

Number of Holdings *

15

* may have additional holdings in another (foreign) market
Performance
Period IAK ABEQ
30 Days -0.91% 0.30%
60 Days 2.63% 2.21%
90 Days 7.09% 5.37%
12 Months 32.54% 5.36%
2 Overlapping Holdings
Symbol Grade Weight in IAK Weight in ABEQ Overlap
L B 1.81% 6.53% 1.81%
TRV D 6.37% 3.7% 3.7%
IAK Overweight 53 Positions Relative to ABEQ
Symbol Grade Weight
PGR A 15.09%
CB C 12.58%
AIG B 6.54%
MET B 5.3%
ALL A 4.87%
PRU B 4.57%
AFL B 4.46%
ACGL A 4.44%
HIG A 3.88%
MKL C 2.5%
CINF A 2.49%
PFG B 2.33%
WRB D 2.21%
FNF B 1.65%
KNSL C 1.34%
ERIE C 1.28%
AIZ C 1.19%
UNM B 1.19%
AFG B 1.12%
PRI D 1.05%
ORI A 1.03%
SIGI B 0.83%
FAF B 0.78%
RLI B 0.75%
GL D 0.68%
AXS C 0.65%
THG B 0.61%
AGO C 0.59%
WTM D 0.58%
LNC A 0.52%
KMPR B 0.47%
AEL A 0.47%
BHF B 0.43%
CNO B 0.38%
OSCR A 0.28%
GNW C 0.24%
PLMR A 0.24%
STC B 0.21%
MCY A 0.2%
HMN B 0.18%
CNA C 0.17%
LMND B 0.16%
NWLI A 0.15%
SKWD A 0.15%
AMSF B 0.14%
TRUP F 0.11%
SAFT B 0.11%
EIG B 0.1%
AMBC C 0.09%
UFCS B 0.08%
PRA B 0.08%
MBI C 0.05%
JRVR D 0.04%
IAK Underweight 13 Positions Relative to ABEQ
Symbol Grade Weight
BRK.A C -10.97%
UL D -5.64%
MRK A -5.16%
DD B -5.12%
MDT C -4.52%
EOG A -3.96%
CMCSA D -3.79%
VZ D -3.69%
EQC F -3.48%
CSCO D -3.07%
CTVA B -2.99%
IFF A -2.38%
CCI D -2.34%
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