IAK vs MIY

Comparison between ISHARES U.S. INSURANCE ETF (IAK, ETF) and BlackRock MuniYield Michigan Quality Fund Inc (MIY, ETF).

5-Year PerformanceIAK has outperformed MIY, delivering a return of +13.3% compared to -0.1%

IAK vs MIY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IAK(ETF)	MIY(ETF)
Net Assets	$360M	$359M
Expense Ratio	0.38%	N/A
Max Drawdown	78.02%	50.82%
Sharpe Ratio	0.20	1.01
5Y Beta	0.46	0.14
P/E Ratio	10.59	N/A
Forward P/E	10.90	N/A
5Y Dividends CAGR	17.28%	-0.09%
5Y EPS CAGR	17.51%	N/A
Debt to Equity	13.84%	N/A
P/S Ratio	1.17	N/A
P/B Ratio	1.71	N/A

Net Assets

Winner

IAK

$360M

MIY

$359M

Expense Ratio

IAK

0.38%

MIY

N/A

Max Drawdown

IAK

78.02%

Winner

MIY

50.82%

Sharpe Ratio

IAK

0.20

Winner

MIY

1.01

5Y Beta

IAK

0.46

Winner

MIY

0.14

P/E Ratio

IAK

10.59

MIY

N/A

Forward P/E

IAK

10.90

MIY

N/A

5Y Dividends CAGR

Winner

IAK

17.28%

MIY

-0.09%

5Y EPS CAGR

IAK

17.51%

MIY

N/A

Debt to Equity

IAK

13.84%

MIY

N/A

P/S Ratio

IAK

1.17

MIY

N/A

P/B Ratio

IAK

1.71

MIY

N/A

IAK vs MIY - Historical Returns

Returns include dividend reinvestment.

Period	IAK	MIY
1 month	+2.58%	+1.71%
3 months	+4.40%	-0.77%
6 months	-0.35%	+6.64%
1 year	+4.67%	+15.47%
5 years(CAGR)	+13.33%	-0.08%
10 years(CAGR)	+12.71%	+2.49%
Max(CAGR)	+6.97%	+5.54%

Winner

IAK

+2.58%

MIY

+1.71%

Winner

IAK

+4.40%

MIY

-0.77%

IAK

-0.35%

Winner

MIY

+6.64%

IAK

+4.67%

Winner

MIY

+15.47%

5Y(CAGR)

Winner

IAK

+13.33%

MIY

-0.08%

10Y(CAGR)

Winner

IAK

+12.71%

MIY

+2.49%

Max(CAGR)

Winner

IAK

+6.97%

MIY

+5.54%

IAK vs MIY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	IAK	MIY
2026	+1.82%	+6.15%
2025	+10.18%	+9.85%
2024	+26.86%	+2.85%
2023	+11.32%	+4.79%
2022	+11.43%	-23.78%
2021	+29.77%	+9.95%
2020	-3.63%	+7.48%
2019	+26.33%	+17.81%
2018	-10.35%	-6.04%
2017	+13.97%	+8.69%
2016	+21.48%	+2.26%
2015	+4.29%	+5.94%
2014	+8.92%	+17.64%
2013	+41.70%	-16.80%
2012	+16.16%	+7.93%
2011	-9.14%	+25.37%
2010	+18.03%	+10.33%
2009	+12.63%	+40.58%
2008	-50.01%	-24.58%
2007	-7.80%	-3.81%
2006	+8.66%	-3.30%
2005	N/A	+7.52%
2004	N/A	+10.85%
2003	N/A	+12.00%
2002	N/A	+12.32%
2001	N/A	+13.29%
2000	N/A	+8.59%
1999	N/A	-4.48%

IAK vs MIY Drawdown Comparison

The maximum drawdown for IAK was -77.37%, occurring on Mar 9, 2009. Recovery took 1914 trading sessions.

The maximum drawdown for MIY was -42.18%, occurring on Oct 10, 2008. Recovery took 394 trading sessions.

The current IAK drawdown is -0.35%. The current MIY drawdown is -3.84%.

Rank	IAK	MIY
#1	-77.37% May 22, 2007 - Dec 29, 2014	-42.18% Feb 12, 2008 - Sep 3, 2009
#2	-44.95% Feb 11, 2020 - Mar 8, 2021	-34.58% Aug 2, 2021 - Mar 4, 2026
#3	-20.30% Jan 26, 2018 - Apr 30, 2019	-25.81% Jan 23, 2013 - Jan 4, 2016
#4	-16.97% Dec 1, 2015 - Aug 29, 2016	-24.40% Mar 4, 2020 - Aug 6, 2020
#5	-14.74% Apr 20, 2022 - Nov 10, 2022	-17.37% Aug 31, 2010 - Sep 29, 2011
#6	-14.38% Feb 13, 2023 - Sep 19, 2023	-13.79% Nov 5, 1999 - Dec 18, 2000
#7	-11.58% Apr 2, 2025 - Dec 15, 2025	-12.75% Jul 11, 2016 - Apr 12, 2019
#8	-11.30% Nov 29, 2024 - Mar 17, 2025	-11.86% Mar 24, 2004 - Sep 9, 2004
#9	-10.64% Aug 17, 2015 - Dec 1, 2015	-11.14% Jun 11, 2003 - Jan 7, 2004
#10	-9.08% Dec 30, 2014 - May 19, 2015	-10.97% Jan 24, 2006 - Feb 12, 2008
#11	-8.71% May 7, 2021 - Aug 25, 2021	-10.08% Mar 4, 2026 - Apr 7, 2026
#12	-8.55% Aug 2, 2017 - Oct 10, 2017	-9.04% Feb 10, 2012 - May 24, 2012
#13	-8.41% Nov 3, 2021 - Jan 4, 2022	-8.91% Oct 1, 2002 - Mar 5, 2003
#14	-7.70% Feb 9, 2022 - Mar 18, 2022	-8.41% Nov 28, 2012 - Jan 23, 2013
#15	-7.62% Dec 15, 2025 - Mar 27, 2026	-7.27% Nov 14, 2001 - May 28, 2002

Correlation

Correlation between IAK and MIY is 0.77 which considered as a strong positive correlation - the stocks tend to move together.

0.77

-101

Dividend Comparison (2000 - 2026)

IAK vs MIY dividend yield comparison.

Year	IAK	MIY
2026	1.77%	2.71%
2025	1.69%	5.57%
2024	1.49%	5.21%
2023	1.44%	3.86%
2022	1.69%	5.70%
2021	2.26%	4.38%
2020	2.07%	4.23%
2019	1.84%	4.27%
2018	2.33%	5.27%
2017	1.62%	5.46%
2016	1.68%	5.85%
2015	1.62%	5.66%
2014	1.57%	6.32%
2013	1.13%	7.36%
2012	1.74%	5.87%
2011	1.51%	6.02%
2010	2.08%	6.79%
2009	1.60%	5.87%
2008	2.46%	7.08%
2007	1.19%	5.36%
2006	0.63%	5.54%
2005	0.00%	6.21%
2004	0.00%	6.47%
2003	0.00%	6.54%
2002	0.00%	6.62%
2001	0.00%	5.53%
2000	0.00%	2.55%