IAK vs. FXO ETF Comparison

Comparison of iShares U.S. Insurance ETF (IAK) to First Trust Financials AlphaDEX (FXO)

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

$134.10

Average Daily Volume

62,379

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FXO

First Trust Financials AlphaDEX

FXO Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the StrataQuant(R) Financials Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the financial services sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$57.42

Average Daily Volume

54,562

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	IAK	FXO
30 Days	2.36%	7.73%
60 Days	3.83%	12.20%
90 Days	7.81%	14.01%
12 Months	38.05%	49.93%

26 Overlapping Holdings

Symbol	Grade	Weight in IAK	Weight in FXO	Overlap
ACGL	C	3.88%	1.35%	1.35%
AFG	A	1.21%	0.3%	0.3%
AFL	B	6.0%	0.89%	0.89%
AGO	B	0.54%	1.74%	0.54%
AIG	B	4.47%	0.3%	0.3%
AIZ	A	1.32%	0.31%	0.31%
ALL	A	4.52%	1.56%	1.56%
AXS	A	0.78%	1.23%	0.78%
CB	C	11.69%	0.9%	0.9%
CINF	A	2.76%	1.66%	1.66%
CNA	C	0.14%	1.14%	0.14%
FAF	A	0.79%	0.28%	0.28%
FNF	B	1.82%	0.28%	0.28%
GL	C	1.16%	1.19%	1.16%
HIG	B	4.02%	0.9%	0.9%
L	A	1.78%	1.21%	1.21%
LNC	C	0.6%	1.28%	0.6%
MKL	A	2.61%	1.26%	1.26%
ORI	A	1.05%	0.61%	0.61%
PFG	D	2.17%	0.29%	0.29%
PGR	A	16.35%	1.54%	1.54%
PRU	A	4.66%	0.3%	0.3%
TRV	B	6.34%	0.63%	0.63%
UNM	A	1.42%	1.4%	1.4%
WRB	A	2.12%	0.61%	0.61%
WTM	A	0.58%	1.72%	0.58%

IAK Overweight 26 Positions Relative to FXO

Symbol	Grade	Weight
MET	A	4.7%
KNSL	B	1.24%
ERIE	D	1.2%
PRI	B	1.19%
RLI	A	0.87%
SIGI	C	0.72%
THG	A	0.7%
KMPR	A	0.51%
CNO	B	0.49%
BHF	C	0.37%
OSCR	D	0.36%
GNW	A	0.35%
PLMR	A	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	B	0.16%
AMSF	B	0.14%
PRA	C	0.1%
AMBC	C	0.08%
UFCS	A	0.06%
JRVR	F	0.03%

IAK Underweight 75 Positions Relative to FXO

Symbol	Grade	Weight
JHG	B	-1.82%
JEF	A	-1.81%
GS	A	-1.8%
KKR	A	-1.75%
TPG	A	-1.73%
TROW	B	-1.67%
BEN	C	-1.62%
AMG	B	-1.6%
WBS	A	-1.48%
MTG	C	-1.46%
BPOP	C	-1.45%
RNR	C	-1.43%
EG	C	-1.42%
COLB	B	-1.38%
BX	A	-1.37%
SEIC	B	-1.36%
FNB	A	-1.35%
OMF	A	-1.34%
HLI	A	-1.34%
EQH	C	-1.31%
OZK	B	-1.28%
RYAN	A	-1.23%
TW	A	-1.2%
FHN	A	-1.18%
WFC	A	-1.17%
BRK.A	B	-1.17%
ALLY	C	-1.17%
ZION	B	-1.15%
MS	A	-1.15%
EWBC	A	-1.14%
WTFC	A	-1.1%
MTB	A	-1.09%
HBAN	A	-1.08%
NTRS	A	-1.07%
FCNCA	A	-1.06%
UWMC	D	-1.02%
NU	C	-1.01%
C	A	-0.99%
SOFI	B	-0.98%
STT	B	-0.97%
BRO	B	-0.96%
CRBG	B	-0.95%
SLM	A	-0.95%
MCO	B	-0.92%
AMP	A	-0.69%
CMA	B	-0.68%
OWL	A	-0.68%
FHB	B	-0.68%
VIRT	A	-0.67%
BAC	A	-0.67%
PB	B	-0.66%
JPM	A	-0.66%
PNC	B	-0.65%
RF	A	-0.65%
CFG	B	-0.65%
FITB	B	-0.64%
BOKF	B	-0.63%
USB	A	-0.63%
BK	A	-0.62%
WAL	B	-0.61%
VOYA	B	-0.59%
RJF	A	-0.38%
APO	B	-0.38%
SF	B	-0.36%
DFS	B	-0.36%
CFR	B	-0.36%
PNFP	B	-0.36%
CBSH	B	-0.35%
KEY	B	-0.33%
MORN	B	-0.31%
AJG	A	-0.3%
RGA	A	-0.3%
STWD	C	-0.28%
XP	F	-0.27%
AGNC	C	-0.26%