IAK vs. KBE ETF Comparison

Comparison of iShares U.S. Insurance ETF (IAK) to SPDR S&P Bank ETF (KBE)

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

$117.86

Average Daily Volume

85,863

Number of Holdings ^*

* may have additional holdings in another (foreign) market

KBE

SPDR S&P Bank ETF

KBE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of publicly traded national money centers and leading regional banks. In seeking to track the performance of the S&P Banks Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the banks industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$47.93

Average Daily Volume

1,797,445

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IAK	KBE
30 Days	7.60%	11.21%
60 Days	3.15%	8.59%
90 Days	7.51%	8.61%
12 Months	37.14%	41.37%

0 Overlapping Holdings

	Symbol	Grade	Weight in IAK	Weight in KBE	Overlap

IAK Overweight 54 Positions Relative to KBE

Symbol	Grade	Weight
PGR	C	15.35%
CB	A	12.43%
AIG	A	6.86%
TRV	D	6.03%
MET	A	5.2%
ALL	C	4.72%
ACGL	A	4.67%
PRU	A	4.66%
AFL	A	4.54%
HIG	A	3.81%
MKL	A	2.72%
CINF	C	2.36%
PFG	B	2.33%
WRB	D	2.05%
L	B	1.82%
FNF	B	1.63%
ERIE	C	1.31%
AIZ	D	1.19%
KNSL	F	1.14%
UNM	B	1.14%
AFG	B	1.1%
ORI	A	1.06%
PRI	D	1.0%
GL	F	0.95%
SIGI	F	0.8%
RLI	A	0.77%
FAF	D	0.74%
AXS	A	0.7%
THG	A	0.64%
WTM	D	0.62%
AGO	D	0.56%
KMPR	C	0.49%
LNC	C	0.49%
BHF	F	0.44%
OSCR	B	0.39%
CNO	A	0.39%
PLMR	B	0.29%
GNW	B	0.24%
MCY	B	0.21%
STC	B	0.21%
HMN	D	0.19%
CNA	B	0.17%
SKWD	C	0.17%
LMND	C	0.16%
NWLI	C	0.16%
AMSF	F	0.14%
TRUP	C	0.14%
AMBC	B	0.13%
SAFT	D	0.11%
PRA	C	0.1%
EIG	D	0.09%
UFCS	C	0.08%
MBI	D	0.06%
JRVR	F	0.05%

IAK Underweight 91 Positions Relative to KBE

Symbol	Grade	Weight
JXN	B	-1.82%
CRBG	C	-1.69%
AX	B	-1.61%
EQH	A	-1.61%
FCNCA	B	-1.53%
C	B	-1.51%
COOP	B	-1.48%
RDN	C	-1.47%
MTG	C	-1.47%
WFC	C	-1.47%
OZK	C	-1.47%
BAC	B	-1.47%
MTB	B	-1.46%
VOYA	B	-1.46%
BPOP	B	-1.45%
ASB	C	-1.45%
NTRS	C	-1.45%
FHN	B	-1.45%
FITB	B	-1.45%
NYCB	D	-1.44%
BK	A	-1.44%
CADE	C	-1.44%
WAL	C	-1.44%
TFC	B	-1.43%
PNC	B	-1.43%
ZION	B	-1.43%
JPM	A	-1.43%
CFG	A	-1.43%
HBAN	B	-1.42%
COLB	C	-1.41%
ONB	B	-1.41%
WTFC	B	-1.41%
APO	B	-1.41%
BANC	C	-1.38%
EWBC	B	-1.38%
PB	C	-1.38%
KEY	B	-1.38%
CMA	B	-1.38%
SNV	B	-1.37%
RF	B	-1.37%
PNFP	C	-1.36%
CFR	D	-1.35%
BKU	C	-1.35%
VLY	D	-1.33%
SSB	C	-1.32%
USB	D	-1.31%
TCBI	C	-1.3%
WBS	D	-1.29%
CBSH	B	-1.25%
ESNT	C	-1.24%
GBCI	C	-1.18%
FNB	B	-1.17%
HOMB	B	-1.16%
WD	C	-1.05%
HWC	C	-1.05%
UBSI	C	-1.01%
PFSI	B	-1.01%
BOH	D	-0.98%
FBP	C	-0.96%
ABCB	C	-0.94%
FIBK	C	-0.91%
FULT	B	-0.85%
UMBF	B	-0.79%
UCBI	C	-0.79%
TBBK	D	-0.78%
NMIH	A	-0.75%
CVBF	C	-0.74%
FHB	B	-0.73%
INDB	D	-0.66%
FFIN	B	-0.66%
CBU	C	-0.65%
BOKF	B	-0.64%
WSFS	B	-0.63%
PPBI	C	-0.59%
IBOC	B	-0.57%
SFBS	C	-0.53%
EBC	B	-0.5%
SBCF	C	-0.5%
CATY	C	-0.49%
HTH	C	-0.48%
AUB	C	-0.47%
WAFD	C	-0.44%
IBTX	C	-0.44%
SFNC	D	-0.41%
BANR	C	-0.41%
TRMK	B	-0.39%
FRME	C	-0.39%
FFBC	B	-0.38%
RNST	C	-0.33%
LKFN	C	-0.3%
WSBC	C	-0.25%