iShares U.S. Insurance ETF (IAK) Performance
IAK total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +10.2% since Dec 31, 2025
- 1 year
- +17.3% total return
- 5 years
- +13.7% a year
- 10 years
- +13.0% a year
- Since first price
- +7.3% a year since 2006
IAK trailing returns vs SPY, QQQ, AGG
| Period | IAK total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +6.3% | +6.3% | −1.0% | −5.0% | +0.9% |
| 3 months | +1.6% | +1.2% | +3.2% | +1.9% | −0.4% |
| 6 months | +10.8% | +10.1% | +7.8% | +8.4% | −1.5% |
| YTD | +10.2% | +7.9% | +12.3% | +15.1% | −1.0% |
| 1 year | +17.3% | +14.3% | +14.4% | +15.9% | −1.1% |
| 3 years | +70.1%+19.4%/yr | +60.4% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +90.1%+13.7%/yr | +73.1% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +240.8%+13.0%/yr | +179.1% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +587.9%+13.7%/yr | +416.5% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| 20 years | +309.9%+7.3%/yr | +184.5% | +696.9%+10.9%/yr | +1,839.9%+16.0%/yr | +79.6%+3.0%/yr |
| Since inceptionMay 5, 2006 | +322.8%+7.3%/yr | +192.3% | — | — | — |
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: IAK vs SPY
From May 5, 2006: IAK grew to $42,276, SPY to $83,394.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
IAK returns by calendar year
14 of 19 full years positive. Best 2013 (+45.4%), worst 2008 (−51.1%). 2026 is year to date.
IAK annual returns table
| Year | IAK | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +10.2% | −10.5% | +12.3% | +15.1% | −1.0% |
| 2025 | +9.5% | −11.6% | +17.7% | +20.8% | +7.2% |
| 2024 | +28.2% | −9.9% | +24.9% | +25.6% | +1.3% |
| 2023 | +11.3% | −14.4% | +26.2% | +54.9% | +5.7% |
| 2022 | +11.3% | −14.8% | −18.2% | −32.6% | −13.0% |
| 2021 | +26.8% | −8.7% | +28.7% | +27.4% | −1.8% |
| 2020 | −2.9% | −45.0% | +18.3% | +48.6% | +7.5% |
| 2019 | +25.9% | −7.1% | +31.2% | +39.0% | +8.5% |
| 2018 | −11.5% | −20.3% | −4.6% | −0.1% | +0.1% |
| 2017 | +14.2% | −8.5% | +21.7% | +32.7% | +3.6% |
| 2016 | +18.2% | −11.9% | +12.0% | +7.1% | +2.4% |
| 2015 | +4.0% | −10.6% | +1.2% | +9.4% | +0.5% |
| 2014 | +7.3% | −9.5% | +13.5% | +19.2% | +6.0% |
| 2013 | +45.4% | −6.5% | +32.3% | +36.6% | −2.0% |
| 2012 | +17.6% | −12.7% | +16.0% | +18.1% | +3.8% |
| 2011 | −7.4% | −28.7% | +1.9% | +3.4% | +7.7% |
| 2010 | +20.0% | −16.5% | +15.1% | +19.9% | +6.4% |
| 2009 | +14.0% | −48.0% | +26.4% | +54.7% | +3.0% |
| 2008 | −51.1% | −67.6% | −36.8% | −41.7% | +7.9% |
| 2007 | −7.4% | −17.9% | +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.
IAK largest drawdowns
Now 3.1% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| May 22, 2007 | −77.4% | Mar 9, 2009 | Dec 24, 2014 | 1.8 years | 7.6 years |
| Feb 11, 2020 | −45.0% | Mar 23, 2020 | Mar 8, 2021 | 41 days | 1.1 years |
| Jan 26, 2018 | −20.3% | Dec 24, 2018 | Apr 30, 2019 | 11 months | 1.3 years |
| Dec 1, 2015 | −17.0% | Feb 11, 2016 | Aug 29, 2016 | 2 months | 9 months |
| Apr 20, 2022 | −14.8% | Sep 26, 2022 | Nov 10, 2022 | 5 months | 7 months |
| Feb 13, 2023 | −14.4% | Mar 17, 2023 | Sep 19, 2023 | 32 days | 7 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
IAK risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2006 |
|---|---|---|---|---|
| Annualized return | +16.2% | +13.7% | +12.1% | +7.2% |
| Volatility (annualized) | 16.2% | 17.3% | 17.7% | 20.3% |
| Sharpe ratio | 0.74 | 0.62 | 0.61 | 0.38 |
| Sortino ratio | 1.23 | 1.03 | 0.91 | 0.53 |
| Best month | +9.8% | +15.0% | +15.0% | +15.7% |
| Worst month | −7.9% | −8.5% | −21.3% | −29.0% |
| Best 12 months | +42.8% | +44.0% | +55.7% | +86.9% |
| Worst 12 months | −4.4% | −5.2% | −22.0% | −64.4% |
| Positive months | 64% | 63% | 65% | 62% |
| Beta vs S&P 500 | 0.36 | 0.50 | 0.73 | — |
| Correlation with S&P 500 | 0.28 | 0.45 | 0.63 | — |
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.
IAK rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 234 | −64.4% | +10.2% | +86.9% | 77% |
| 3-year (a year) | 210 | −22.9% | +12.1% | +30.1% | 83% |
| 5-year (a year) | 186 | −11.6% | +11.2% | +26.8% | 87% |
| 10-year (a year) | 126 | +2.0% | +11.6% | +17.7% | 100% |
Every holding period starting at a month-end since 2006. Returns for 3 years and longer are annualized.
IAK performance overview
iShares U.S. Insurance ETF (IAK) returned +17.3% over the past year and +13.0% a year over ten years, with distributions reinvested. Since its first recorded price in 2006 it has returned +7.3% a year, turning $10,000 into about $42,276. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −77.4%, from May 22, 2007 to Mar 9, 2009, and it took 5.8 years to get back to the old high. IAK finished 14 of its 19 full calendar years with a gain; the best year was 2013 (+45.4%) and the worst 2008 (−51.1%). Volatility has been 20.3% a year.
Related: IAK chart, IAK dividends. See the IAK overview for the latest quote and fund facts.
IAK performance FAQ
What is the IAK return over the past year?
IAK returned +17.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 14.3%.
What is the average annual return of IAK?
IAK has returned +13.7% a year over 5 years, +13.0% a year over 10 years, +7.3% a year since May 5, 2006 (total return, distributions reinvested).
How much would $10,000 invested in IAK be worth?
$10,000 invested in IAK at its first recorded close on May 5, 2006 would be worth about $42,276 on October 23, 2026 with distributions reinvested.
What was the worst year for IAK?
The worst calendar year was 2008, with a total return of −51.1%. The best was 2013 at +45.4%.
What is the biggest drawdown of IAK?
The largest peak-to-trough decline was −77.4% between May 22, 2007 and March 9, 2009. It recovered to the old high on December 24, 2014, 5.8 years after the bottom.
How volatile is IAK?
Over the past 3 years IAK had an annualized volatility of 16.2% and a Sharpe ratio of 0.74 (excess return over 1–3 month T-bills per unit of risk).