IAI - ETF AI Analysis
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iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI)
Rating:73Outperform
Price Target:―
Positive Factors
Strong Large Financial Holdings
Several of the biggest positions, including major banks and exchanges, have shown generally positive performance this year, helping support the ETF’s returns.
Focused Industry Exposure
The fund is heavily focused on U.S. broker-dealers and exchanges, giving investors targeted exposure to a key part of the financial system.
Solid Asset Base
With a sizable level of assets under management, the ETF appears established and likely benefits from good trading liquidity for investors.
Negative Factors
High Concentration in Top Holdings
A large share of the fund is invested in just a few companies, which increases the impact that any one stock’s weakness can have on overall performance.
Sector Concentration Risk
Almost all of the ETF is invested in the financial sector, so it may be hit hard if financial stocks face a downturn.
Limited Geographic Diversification
The ETF is almost entirely invested in U.S. companies, offering little protection if the U.S. market or economy struggles.
IAI vs. SPDR S&P 500 ETF (SPY)
AUM1.55B
RegionNorth America
Expense Ratio0.38%
Beta1.16
IssueriShares
Inception DateMay 01, 2006
Dividend Yield1.17%
Asset ClassEquity
Index TrackedDJ US Select / Investment Services
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume108,165
30 Day Avg. Volume170,094
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
205.05Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering33
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
IAI Summary
IAI is an ETF that follows the DJ US Select / Investment Services index, focusing on U.S. financial companies that run stock exchanges and provide brokerage and trading services. Its holdings include well-known names like Goldman Sachs and Morgan Stanley, along with major exchange operators such as Nasdaq and CME Group. Someone might invest in IAI to bet on the growth of the U.S. financial markets and to get targeted exposure to key players in capital markets. A key risk is that it is heavily concentrated in financial stocks, so it can rise or fall sharply with that sector.
How much will it cost me?The iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI) has an expense ratio of 0.38%, which means you’ll pay $3.80 per year for every $1,000 invested. This expense ratio is slightly higher than average for ETFs because it focuses on a specific sector and is passively managed to track a niche index. It’s still relatively affordable compared to actively managed funds.
What would affect this ETF?The iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI) could benefit from increased trading activity and innovation in financial technology, as well as economic growth that drives higher demand for brokerage and securities exchange services. However, it may face challenges from rising interest rates, which can impact market liquidity, and regulatory changes targeting financial institutions or trading platforms. Its heavy reliance on U.S.-based financial companies like Goldman Sachs and Morgan Stanley makes it sensitive to domestic economic conditions.
IAI Top 10 Holdings
IAI is essentially a bet on Wall Street’s dealmakers and market plumbers, with Goldman Sachs and Morgan Stanley setting the tone. Both have had a mixed run lately, giving the fund a bit of a push-and-pull feel. Charles Schwab has been lagging, acting like a small anchor on performance, while CME Group and Interactive Brokers are two of the brighter spots, quietly rising on solid trading activity. With all major holdings rooted in U.S. capital markets, this ETF is highly concentrated in financials and firmly tied to the health of American markets.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Goldman Sachs Group | 17.20% | $269.89M | $239.49B | 46.26% | 73 Outperform | |
| Morgan Stanley | 13.55% | $212.56M | $250.61B | 33.63% | 76 Outperform | |
| Charles Schwab | 11.15% | $174.94M | $164.59B | 21.11% | 74 Outperform | |
| CME Group | 5.80% | $91.07M | $112.37B | 17.58% | 74 Outperform | |
| Intercontinental Exchange | 4.95% | $77.62M | $91.33B | -6.57% | 80 Outperform | |
| MSCI | 4.58% | $71.93M | $41.18B | -1.46% | 62 Neutral | |
| Moody's | 4.53% | $71.13M | $78.19B | -2.02% | 77 Outperform | |
| S&P Global | 4.35% | $68.22M | $129.36B | -11.72% | 73 Outperform | |
| Nasdaq | 4.25% | $66.63M | $49.15B | 14.83% | 78 Outperform | |
| Coinbase Global | 3.77% | $59.15M | $55.52B | 16.06% | 68 Neutral |
IAI Technical Analysis
Negative
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Price Trends
177.48
Negative
176.64
Negative
173.22
Negative
Market Momentum
-3.62
Positive
37.60
Neutral
8.29
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For IAI, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 169.31, equal to the 50-day MA of 177.48, and equal to the 200-day MA of 173.22, indicating a bearish trend. The MACD of -3.62 indicates Positive momentum. The RSI at 37.60 is Neutral, neither overbought nor oversold. The STOCH value of 8.29 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IAI.
IAI Peer Comparison
Comparison Results
Performance Comparison
IAI
iShares U.S. Broker-Dealers & Securities Exchanges ETF
163.37
23.10
16.47%
KBWB
Invesco KBW Bank ETF
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―
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KRE
SPDR S&P Regional Banking ETF
―
―
―
IYF
iShares U.S. Financials ETF
―
―
―
FNCL
Fidelity MSCI Financials Index ETF
―
―
―
IYG
iShares US Financial Services ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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