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IAI - ETF AI Analysis
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iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI)
Rating:73Outperform
Price Target:―
Positive Factors
Strong Top Holdings
Several major holdings, like Goldman Sachs, Morgan Stanley, and Coinbase, have delivered strong year-to-date performance, supporting the ETF's overall returns.
Focused Sector Exposure
The ETF's heavy allocation to the financial sector aligns with its theme and benefits from the strong performance of leading financial institutions.
Reasonable Expense Ratio
The ETF's expense ratio is relatively low for a niche fund, allowing investors to keep more of their returns.
Negative Factors
Over-Concentration in Financials
Nearly all of the ETF's exposure is in the financial sector, which increases vulnerability to sector-specific risks.
Weak Performance of Some Holdings
Certain holdings, like S&P Global and MSCI, have underperformed year-to-date, which could drag on overall returns.
Limited Geographic Diversification
The ETF is almost entirely focused on U.S. companies, offering little protection against international market opportunities or risks.
IAI vs. SPDR S&P 500 ETF (SPY)
AUM1.77B
RegionNorth America
Expense Ratio0.38%
Beta1.11
IssueriShares
Inception DateMay 01, 2006
Dividend Yield0.9%
Asset ClassEquity
Index TrackedDJ US Select / Investment Services
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume102,046
30 Day Avg. Volume116,743
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
207.02Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering33
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
IAI Summary
The iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI) is an investment fund that focuses on companies in the financial sector, specifically those involved in brokerage services and securities exchanges. It tracks an index of U.S. firms that play a key role in the financial markets, such as Goldman Sachs and Morgan Stanley. This ETF could be a good choice for investors looking to benefit from the growth and innovation in the financial industry or diversify their portfolio with a focus on capital markets. However, it’s important to know that its performance is closely tied to the financial sector, which can be sensitive to economic changes.
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
The iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI) is heavily anchored in the financial sector, with Goldman Sachs and Morgan Stanley leading the charge thanks to steady earnings and strategic initiatives. S&P Global and Charles Schwab are contributing modestly, though mixed technical signals and valuation concerns are holding them back. Robinhood stands out as a rising star, buoyed by strong year-to-date performance, while CME Group and Intercontinental Exchange show mixed results, facing valuation challenges. With nearly all holdings U.S.-based, the fund offers a concentrated play on the pulse of American capital markets.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Goldman Sachs Group | 18.03% | $317.51M | $292.69B | 53.69% | 73 Outperform | |
| Morgan Stanley | 14.23% | $250.61M | $303.92B | 37.15% | 76 Outperform | |
| Charles Schwab | 10.58% | $186.24M | $182.60B | 35.87% | 74 Outperform | |
| Moody's | 4.81% | $84.66M | $96.27B | 13.25% | 77 Outperform | |
| S&P Global | 4.75% | $83.58M | $165.16B | 8.86% | 73 Outperform | |
| Intercontinental Exchange | 4.62% | $81.31M | $98.80B | 16.21% | 80 Outperform | |
| CME Group | 4.37% | $76.98M | $98.30B | 20.11% | 74 Outperform | |
| Nasdaq | 4.27% | $75.17M | $57.29B | 27.27% | 78 Outperform | |
| MSCI | 4.23% | $74.56M | $44.88B | -1.54% | 62 Neutral | |
| Coinbase Global | 3.72% | $65.46M | $64.52B | -18.39% | 68 Neutral |
IAI Technical Analysis
Positive
―
Price Trends
178.75
Positive
176.39
Positive
166.59
Positive
Market Momentum
2.94
Negative
66.60
Neutral
83.02
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For IAI, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 184.64, equal to the 50-day MA of 178.75, and equal to the 200-day MA of 166.59, indicating a bullish trend. The MACD of 2.94 indicates Negative momentum. The RSI at 66.60 is Neutral, neither overbought nor oversold. The STOCH value of 83.02 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IAI.
IAI Peer Comparison
Comparison Results
Performance Comparison
IAI
iShares U.S. Broker-Dealers & Securities Exchanges ETF
190.17
38.06
25.02%
KBWB
Invesco KBW Bank ETF
―
―
―
IYF
iShares U.S. Financials ETF
―
―
―
KRE
SPDR S&P Regional Banking ETF
―
―
―
FNCL
Fidelity MSCI Financials Index ETF
―
―
―
FXO
First Trust Financials AlphaDEX Fund
―
―
―
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.
Disclaimer
This 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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