(IAI) U.S. Broker-Dealers - NYSE

ETF Category: Financial | Exchange: NYSE (USA) | Market Cap: 1.428m USD | Total Return: 18.8% in 12m

Investment Banking, Stock Exchanges, Asset Management, Brokerage Services
Total Rating 52
Safety 57
Buy Signal -0.65
Financial
Category Rotation: +3.8
TER: 0.40%
AUM: 1.43B
Avg Turnover: 18.6M
Risk 3d forecast
Volatility17.7%
VaR 5th Pctl3.25%
VaR vs Median2.34%
Reward TTM
Sharpe Ratio0.77
Rel. Str. IBD49.6
Rel. Str. Peer Group67.6
Character TTM
Beta1.087
Beta Downside1.022
Hurst Exponent0.460
Drawdowns 3y
Max DD23.14%
CAGR/Max DD1.31
CAGR/Mean DD8.18

Warnings

Fakeout

Tailwinds

No distinct edge detected

Description: IAI U.S. Broker-Dealers

The iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI) tracks the investment services sector of the U.S. equity market. The fund maintains a concentrated, non-diversified portfolio by investing at least 80% of its assets in the underlying index, which includes investment banks, discount brokerages, and stock exchange operators. Launched in 2006, the ETF provides targeted exposure to companies that facilitate capital markets activity and electronic trading.

The business models within this sector rely heavily on transaction volumes, assets under management, and advisory fees from mergers and acquisitions. Unlike traditional retail banks, these firms often carry lower credit risk but exhibit higher sensitivity to market volatility and shifts in trading activity. Investors can explore detailed valuation metrics for these financial constituents on ValueRay.

Headlines to Watch Out For
  • Elevated equity market volatility and trading volumes drive transaction-based revenue
  • Investment banking fees rebound as IPO and M&A activity accelerates
  • Higher interest rates increase margin lending income and cash sweep spreads
  • Regulatory shifts in market structure impact exchange and clearing house margins
What is the price of IAI shares?

As of June 20, 2026, the stock is trading at USD 186.10 with a total of 339,876 shares traded.
Over the past week, the price has changed by +3.11%, over one month by +4.26%, over three months by +14.21% and over the past year by +18.82%.

Is IAI a buy, sell or hold?

U.S. Broker-Dealers has no consensus analysts rating.