Trust and Insurance ETFs

Trust and Insurance ETFs
  • Pininvest Analysis

While insurance has a record of reliable performance in the finance industry, the track record of the ETFs  in our theme reflects the catastrophe-prone year 2017

Market cap weighted iShares [asset ticker="IAK" mnemonic="NYSEARCA"] is diversified in property and casualty (app. 46%), life (app. 31%) and multiline (app. 16%), with the top listed firms accounting for the majority of the fund’s assets

Modified equal weighted SPDR [asset ticker="KIE" mnemonic="NYSEARCA"] includes all segments of the insurance industry : property and casualty (app. 40%), life & health (app. 25%), as well as multiline, reinsurance, and brokerage

Modified equal weighted PowerShares [asset ticker="KBWP" mnemonic="NASDAQ"] is invested exclusively in property and casualty – which tend to be short-term and less risky than longer term contracts (such as life or long-term care) – and would benefit from short term rising interest rates

Along with 2 Financials ETFs, exposed to both the insurance and the real estate sectors – with weights of respectively 14% and 18% for iShares U.S. Financials ETF [asset ticker="IYF" mnemonic="NYSEARCA"] and 23% and 17% for First Trust Financials AlphaDEX Fund [asset ticker="FXO" mnemonic="NYSEARCA"] – the group performance is middling but volatility remains markedly low

More on the reinsurance business of Berkshire Hathaway [asset ticker="BRK_B" mnemonic="NYSE"]

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Trust and Insurance ETFs • Updated:

Name Ticker Exchange Category SubCategory Currency Cur.Price AUM Perf. Momentum Vol. Risk Contrib. MDD
Berkshire Hathaway BRK_B NYSE - - USD 289.19 - 60.0% Strong Up 18%   12% -9%
First Trust Financials AlphaDEX Fund FXO NYSEARCA Finance Broad Financials USD 43.20 1.8 B 64.3% Neutral 28%   21% -11%
Invesco KBW Property & Casualty Insurance KBWP NASDAQ Finance Insurance USD 75.61 94 M 33.1% Neutral 22%   17% -11%
iShares Dow Jones US Financial Sector Index Fund IYF NYSEARCA Finance Broad Financials USD 80.21 1.6 B 42.4% Neutral 19%   15% -9%
iShares U.S. Insurance ETF IAK NYSEARCA Finance Insurance USD 76.66 83 M 37.3% Neutral 22%   17% -10%
SPDR S&P Insurance ETF KIE NYSEARCA Finance Insurance USD 38.24 786 M 37.9% Neutral 23%   18% -10%