IAK vs. CPAI ETF Comparison
Comparison of iShares U.S. Insurance ETF (IAK) to Counterpoint Quantitative Equity ETF (CPAI)
IAK
iShares U.S. Insurance ETF
IAK Description
The investment seeks to track the investment results of an index composed of U.S. equities in the insurance sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Select Insurance Index (the "underlying index"), which measures the performance of the insurance sector of the U.S. equity market. The underlying index may include large-, mid- or small-capitalization companies, and components primarily include financial and insurance companies. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$132.89
Average Daily Volume
68,067
52
CPAI
Counterpoint Quantitative Equity ETF
CPAI Description
CPAI employs a quantitative, model-driven strategy that integrates quantitative analysis and machine learning insights to navigate diverse market conditions. The portfolio consists of at least 50 US-listed companies of any capitalization or ADRs. The selection process relies on advanced quantitative models leveraging machine learning technology, considering over 30 variables related to value, long-term reversal, momentum, profitability, investor sentiment, and stock price stability. Additionally, the Adviser backtests variable combinations considered to be supported by economic reasoning or investor behavioral biases. The models continually learn and adapt relationships between input variables and realized historic returns, updating during quarterly portfolio rebalances. Moreover, rebalancing ensures the portfolio aligns with the models' rankings, with adjustments made to limit sector exposure to 35% or less.Grade (RS Rating)
Last Trade
$35.05
Average Daily Volume
6,989
49
Performance
| Period | IAK | CPAI |
|---|---|---|
| 30 Days | 0.76% | 2.40% |
| 60 Days | 3.14% | 9.97% |
| 90 Days | 9.09% | 11.09% |
| 12 Months | 39.56% |
IAK Overweight 48 Positions Relative to CPAI
| Symbol | Grade | Weight | |
|---|---|---|---|
| CB | C | 11.69% | |
| TRV | A | 6.34% | |
| AFL | C | 6.0% | |
| MET | A | 4.7% | |
| PRU | A | 4.66% | |
| ALL | A | 4.52% | |
| AIG | B | 4.47% | |
| HIG | C | 4.02% | |
| ACGL | C | 3.88% | |
| CINF | A | 2.76% | |
| MKL | A | 2.61% | |
| PFG | C | 2.17% | |
| WRB | A | 2.12% | |
| FNF | C | 1.82% | |
| L | A | 1.78% | |
| AIZ | A | 1.32% | |
| KNSL | C | 1.24% | |
| AFG | A | 1.21% | |
| ERIE | F | 1.2% | |
| PRI | A | 1.19% | |
| GL | B | 1.16% | |
| ORI | A | 1.05% | |
| RLI | A | 0.87% | |
| FAF | C | 0.79% | |
| AXS | A | 0.78% | |
| SIGI | A | 0.72% | |
| THG | A | 0.7% | |
| LNC | A | 0.6% | |
| WTM | A | 0.58% | |
| AGO | A | 0.54% | |
| KMPR | A | 0.51% | |
| BHF | A | 0.37% | |
| OSCR | F | 0.36% | |
| PLMR | A | 0.33% | |
| STC | A | 0.24% | |
| MCY | A | 0.24% | |
| TRUP | A | 0.21% | |
| LMND | A | 0.21% | |
| HMN | A | 0.2% | |
| SKWD | A | 0.2% | |
| EIG | A | 0.16% | |
| SAFT | A | 0.16% | |
| CNA | C | 0.14% | |
| AMSF | A | 0.14% | |
| PRA | A | 0.1% | |
| AMBC | C | 0.08% | |
| UFCS | A | 0.06% | |
| JRVR | F | 0.03% |
IAK Underweight 45 Positions Relative to CPAI
| Symbol | Grade | Weight | |
|---|---|---|---|
| SFM | A | -2.51% | |
| SKYW | A | -2.49% | |
| TRGP | A | -2.46% | |
| TDS | B | -2.43% | |
| CARG | A | -2.37% | |
| LDOS | C | -2.33% | |
| NTGR | A | -2.27% | |
| GDDY | A | -2.23% | |
| OKE | A | -2.21% | |
| FTDR | B | -2.17% | |
| BRBR | A | -2.17% | |
| EQH | B | -2.16% | |
| HTZ | C | -2.13% | |
| FTI | A | -2.13% | |
| ACIW | B | -2.11% | |
| VIRT | A | -2.11% | |
| ORCL | A | -2.09% | |
| CVLT | B | -2.08% | |
| CAH | B | -2.08% | |
| MSI | A | -2.07% | |
| CLBT | C | -2.06% | |
| COR | B | -2.05% | |
| GOOGL | B | -2.05% | |
| PBI | C | -2.01% | |
| META | C | -1.93% | |
| RTX | D | -1.9% | |
| BRC | C | -1.89% | |
| TJX | A | -1.89% | |
| THC | C | -1.88% | |
| LESL | C | -1.87% | |
| NYT | D | -1.85% | |
| ZIM | A | -1.84% | |
| MSFT | D | -1.83% | |
| WBA | F | -1.82% | |
| AAPL | C | -1.81% | |
| PAA | A | -1.8% | |
| PAGP | A | -1.79% | |
| WES | C | -1.76% | |
| LLY | F | -1.74% | |
| MHO | D | -1.72% | |
| PRM | C | -1.72% | |
| ROST | D | -1.72% | |
| UHS | D | -1.64% | |
| HCA | D | -1.61% | |
| AGL | F | -0.95% |
IAK: Top Represented Industries & Keywords
CPAI: Top Represented Industries & Keywords
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