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 IAK/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 KIE/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 KBWP/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 IYF/NYSEARCA and 23% and 17% for First Trust Financials AlphaDEX Fund FXO/NYSEARCA – the group performance is middling but volatility remains markedly low

More on the reinsurance business of Berkshire Hathaway BRK_B/NYSE

We do not receive any commission or other form of compensation from the providers included in our 'Funds' presentation

Read our note

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 269.14 - 43.2% Neutral 22%   12% -13%
First Trust Financials AlphaDEX Fund FXO NYSEARCA Finance Broad Financials USD 43.02 1.8 B 105.0% Strong Up 36%   22% -19%
Invesco KBW Property & Casualty Insurance KBWP NASDAQ Finance Insurance USD 77.39 94 M 46.8% Weak Up 28%   17% -14%
iShares Dow Jones US Financial Sector Index Fund IYF NYSEARCA Finance Broad Financials USD 77.88 1.6 B 58.1% Weak Up 25%   15% -13%
iShares U.S. Insurance ETF IAK NYSEARCA Finance Insurance USD 77.26 83 M 56.8% Weak Up 29%   18% -15%
SPDR S&P Insurance ETF KIE NYSEARCA Finance Insurance USD 38.29 786 M 53.6% Weak Up 29%   18% -16%