iShares U.S. Broker-Dealers & Securities… (IAI) Performance
IAI total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −0.2% since Dec 31, 2025
- 1 year
- +4.4% total return
- 5 years
- +11.0% a year
- 10 years
- +17.4% a year
- Since first price
- +7.9% a year since 2006
IAI trailing returns vs SPY, QQQ, AGG
| Period | IAI total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −3.0% | −3.0% | −1.0% | −5.0% | +0.9% |
| 3 months | −5.1% | −5.4% | +3.2% | +1.9% | −0.4% |
| 6 months | +1.1% | +0.6% | +7.8% | +8.4% | −1.5% |
| YTD | −0.2% | −1.2% | +12.3% | +15.1% | −1.0% |
| 1 year | +4.4% | +3.1% | +14.4% | +15.9% | −1.1% |
| 3 years | +111.3%+28.3%/yr | +103.7% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +68.1%+11.0%/yr | +55.4% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +396.7%+17.4%/yr | +323.6% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +936.3%+16.9%/yr | +710.9% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| 20 years | +364.8%+8.0%/yr | +243.5% | +696.9%+10.9%/yr | +1,839.9%+16.0%/yr | +79.6%+3.0%/yr |
| Since inceptionMay 5, 2006 | +370.4%+7.9%/yr | +247.4% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: IAI vs SPY
From May 5, 2006: IAI grew to $47,044, SPY to $83,394.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
IAI returns by calendar year
13 of 19 full years positive. Best 2013 (+65.7%), worst 2008 (−60.3%). 2026 is year to date.
IAI annual returns table
| Year | IAI | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −0.2% | −16.5% | +12.3% | +15.1% | −1.0% |
| 2025 | +25.8% | −23.1% | +17.7% | +20.8% | +7.2% |
| 2024 | +34.4% | −7.4% | +24.9% | +25.6% | +1.3% |
| 2023 | +15.3% | −17.7% | +26.2% | +54.9% | +5.7% |
| 2022 | −10.9% | −28.2% | −18.2% | −32.6% | −13.0% |
| 2021 | +40.5% | −9.2% | +28.7% | +27.4% | −1.8% |
| 2020 | +18.6% | −40.4% | +18.3% | +48.6% | +7.5% |
| 2019 | +24.3% | −9.4% | +31.2% | +39.0% | +8.5% |
| 2018 | −9.5% | −24.0% | −4.6% | −0.1% | +0.1% |
| 2017 | +28.9% | −8.4% | +21.7% | +32.7% | +3.6% |
| 2016 | +21.3% | −18.0% | +12.0% | +7.1% | +2.4% |
| 2015 | −1.4% | −16.4% | +1.2% | +9.4% | +0.5% |
| 2014 | +11.7% | −11.6% | +13.5% | +19.2% | +6.0% |
| 2013 | +65.7% | −8.3% | +32.3% | +36.6% | −2.0% |
| 2012 | +16.4% | −23.6% | +16.0% | +18.1% | +3.8% |
| 2011 | −27.1% | −39.2% | +1.9% | +3.4% | +7.7% |
| 2010 | +4.9% | −21.9% | +15.1% | +19.9% | +6.4% |
| 2009 | +42.1% | −27.2% | +26.4% | +54.7% | +3.0% |
| 2008 | −60.3% | −71.5% | −36.8% | −41.7% | +7.9% |
| 2007 | −4.3% | −19.8% | +5.1% | +19.0% | +6.6% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
IAI largest drawdowns
Now 10.3% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jun 15, 2007 | −75.3% | Nov 20, 2008 | Dec 7, 2016 | 1.4 years | 9.5 years |
| Feb 20, 2020 | −40.4% | Mar 23, 2020 | Nov 23, 2020 | 32 days | 9 months |
| Nov 2, 2021 | −28.8% | Jun 17, 2022 | Mar 4, 2024 | 7 months | 2.3 years |
| Mar 12, 2018 | −24.0% | Dec 24, 2018 | Nov 25, 2019 | 9 months | 1.7 years |
| Feb 18, 2025 | −23.1% | Apr 8, 2025 | Jun 18, 2025 | 49 days | 4 months |
| May 9, 2006 | −19.7% | Jun 13, 2006 | Oct 5, 2006 | 35 days | 5 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
IAI risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2006 |
|---|---|---|---|---|
| Annualized return | +26.1% | +12.8% | +17.4% | +8.5% |
| Volatility (annualized) | 20.4% | 21.8% | 21.2% | 22.6% |
| Sharpe ratio | 1.03 | 0.50 | 0.76 | 0.42 |
| Sortino ratio | 1.96 | 0.83 | 1.30 | 0.62 |
| Best month | +15.7% | +15.7% | +18.0% | +18.0% |
| Worst month | −9.2% | −11.0% | −18.6% | −20.7% |
| Best 12 months | +57.6% | +57.6% | +87.1% | +87.1% |
| Worst 12 months | +0.8% | −16.4% | −16.4% | −62.0% |
| Positive months | 67% | 57% | 61% | 60% |
| Beta vs S&P 500 | 1.28 | 1.09 | 1.09 | — |
| Correlation with S&P 500 | 0.78 | 0.79 | 0.79 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
IAI rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 234 | −62.0% | +10.3% | +87.1% | 67% |
| 3-year (a year) | 210 | −23.1% | +12.9% | +30.0% | 82% |
| 5-year (a year) | 186 | −17.1% | +12.8% | +25.7% | 87% |
| 10-year (a year) | 126 | −0.9% | +13.3% | +20.1% | 96% |
Every holding period starting at a month-end since 2006. Returns for 3 years and longer are annualized.
IAI performance overview
iShares U.S. Broker-Dealers & Securities… (IAI) returned +4.4% over the past year and +17.4% a year over ten years, with distributions reinvested. Since its first recorded price in 2006 it has returned +7.9% a year, turning $10,000 into about $47,044. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −75.3%, from Jun 15, 2007 to Nov 20, 2008, and it took 8.0 years to get back to the old high. IAI finished 13 of its 19 full calendar years with a gain; the best year was 2013 (+65.7%) and the worst 2008 (−60.3%). Volatility has been 22.6% a year.
Related: IAI chart, IAI dividends. See the IAI overview for the latest quote and fund facts.
IAI performance FAQ
What is the IAI return over the past year?
IAI returned +4.4% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 3.1%.
What is the average annual return of IAI?
IAI has returned +11.0% a year over 5 years, +17.4% a year over 10 years, +7.9% a year since May 5, 2006 (total return, distributions reinvested).
How much would $10,000 invested in IAI be worth?
$10,000 invested in IAI at its first recorded close on May 5, 2006 would be worth about $47,044 on October 23, 2026 with distributions reinvested.
What was the worst year for IAI?
The worst calendar year was 2008, with a total return of −60.3%. The best was 2013 at +65.7%.
What is the biggest drawdown of IAI?
The largest peak-to-trough decline was −75.3% between June 15, 2007 and November 20, 2008. It recovered to the old high on December 7, 2016, 8.0 years after the bottom.
How volatile is IAI?
Over the past 3 years IAI had an annualized volatility of 20.4% and a Sharpe ratio of 1.03 (excess return over 1–3 month T-bills per unit of risk).