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Ishares Dow Jones Us Insurance

iShares Dow Jones U.S. Insurance ETF (IAK) is a popular exchange-traded fund (ETF) that tracks the Dow Jones U.S. Insurance Index. The fund was launched in 2000 and is managed by BlackRock, the world's largest asset manager.

Here are some key facts about IAK:

1. Index Methodology: The Dow Jones U.S. Insurance Index is designed to measure the performance of the insurance sector within the U.S. equity market. The index includes companies that are engaged in a wide range of insurance-related activities, such as property and casualty insurance, life and health insurance, and reinsurance.

2. Fund Holdings: IAK's holdings include a diversified portfolio of insurance companies, such as Allstate Corp (ALL), MetLife Inc. (MET), and Berkshire Hathaway Inc. (BRK.B), among others. The fund's holdings are weighted based on market capitalization, meaning that larger companies have a greater influence on the fund's overall performance.

3. Performance: IAK has historically provided long-term growth potential, with a 10-year annualized return of around 10%. However, it's important to note that past performance is not a guarantee of future results, and the fund's performance can be affected by various factors, including changes in interest rates, economic conditions, and industry trends.

4. Yield: IAK's 12-month yield is currently around 2.07%. This means that for every $1,000 invested in the fund, an investor would receive approximately $20.70 in dividends over a 12-month period.

5. Expenses: IAK has a relatively low expense ratio of 0.40%, which means that for every $1,000 invested, an investor would pay $4 in management fees per year. This is lower than the average expense ratio for insurance mutual funds, which can range from 0.50% to over 1.00%.

6. Trading Volume: IAK is a relatively liquid ETF, with an average trading volume of over 100,000 shares per day. This means that investors can typically buy and sell shares quickly and at a fair price, even in volatile markets.

7. Market Capitalization: IAK has a market capitalization of around $2.5 billion, making it a mid-sized ETF in the insurance sector.

In summary, IAK offers investors a diversified portfolio of U.S. insurance companies, with a long-term growth potential and a relatively low expense ratio. However, like any investment, it's important to conduct thorough research and consider your individual financial goals and risk tolerance before investing in IAK or any other ETF.