IAK: The Insurance Sector Back In The Spotlight

2026-07-01 17:58:59 ET

The iShares U.S. Insurance ETF ( IAK ) provides investors focused, market-cap-weighted access to the insurance industry within the United States as an index-based ETF that replicates the performance of the Dow Jones U.S. Select Insurance Index. With an asset size of about $425 million, IAK runs on a reasonable net expense ratio of 0.38%. The Property and Casualty (P&C) insurance companies make up a large proportion of the fund at 77.1%, whereas the Life and Health insurance firms make up 22.1%. Due to its cap-weighted strategy, IAK becomes fairly concentrated with Chubb Limited ( CB ) and The Progressive Corporation ( PGR ) taking about 13%, respectively, followed by The Travelers Companies, Inc. ( TRV ), The Allstate Corporation ( ALL ), and MetLife, Inc. ( MET ). The top 10 constituents form around two-thirds of the fund....

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