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
$136.03
Average Daily Volume
63,083
52
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
$33.07
Average Daily Volume
5,821
18
Performance
Period | IAK | ABEQ |
---|---|---|
30 Days | 4.13% | -0.02% |
60 Days | 4.68% | 1.16% |
90 Days | 9.37% | 2.43% |
12 Months | 40.05% | 20.55% |
IAK Overweight 50 Positions Relative to ABEQ
Symbol | Grade | Weight | |
---|---|---|---|
PGR | A | 16.35% | |
CB | C | 11.69% | |
AFL | B | 6.0% | |
MET | A | 4.7% | |
PRU | A | 4.66% | |
ALL | A | 4.52% | |
AIG | B | 4.47% | |
HIG | B | 4.02% | |
ACGL | D | 3.88% | |
CINF | A | 2.76% | |
MKL | A | 2.61% | |
PFG | D | 2.17% | |
WRB | A | 2.12% | |
FNF | B | 1.82% | |
UNM | A | 1.42% | |
AIZ | A | 1.32% | |
KNSL | B | 1.24% | |
AFG | A | 1.21% | |
ERIE | D | 1.2% | |
PRI | A | 1.19% | |
GL | B | 1.16% | |
ORI | A | 1.05% | |
RLI | B | 0.87% | |
FAF | A | 0.79% | |
AXS | A | 0.78% | |
SIGI | C | 0.72% | |
THG | A | 0.7% | |
LNC | B | 0.6% | |
WTM | A | 0.58% | |
AGO | B | 0.54% | |
KMPR | B | 0.51% | |
CNO | A | 0.49% | |
BHF | B | 0.37% | |
OSCR | D | 0.36% | |
GNW | A | 0.35% | |
PLMR | B | 0.33% | |
STC | B | 0.24% | |
MCY | A | 0.24% | |
TRUP | B | 0.21% | |
LMND | B | 0.21% | |
HMN | B | 0.2% | |
SKWD | A | 0.2% | |
EIG | B | 0.16% | |
SAFT | C | 0.16% | |
CNA | B | 0.14% | |
AMSF | B | 0.14% | |
PRA | C | 0.1% | |
AMBC | C | 0.08% | |
UFCS | B | 0.06% | |
JRVR | F | 0.03% |
IAK: Top Represented Industries & Keywords
ABEQ: Top Represented Industries & Keywords