IAK vs PAPI
Comparison between ISHARES U.S. INSURANCE ETF (IAK, ETF) and PARAMETRIC EQUITY PREMIUM INCOME ETF (PAPI, ETF).
IAK vs PAPI - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
IAK
$371M
PAPI
$368M
Expense Ratio
IAK
0.38%
Winner
PAPI
0.29%
Max Drawdown
IAK
78.02%
Winner
PAPI
16.74%
Sharpe Ratio
IAK
-0.07
Winner
PAPI
0.91
5Y Beta
IAK
0.47
Winner
PAPI
0.42
P/E Ratio
Winner
IAK
10.36
PAPI
21.17
Forward P/E
Winner
IAK
10.43
PAPI
14.70
PEG Ratio
IAK
N/A
PAPI
0.48
5Y Dividends CAGR
IAK
25.27%
PAPI
N/A
5Y EPS CAGR
Winner
IAK
17.51%
PAPI
8.21%
Debt to Equity
Winner
IAK
13.84%
PAPI
33.85%
P/S Ratio
Winner
IAK
1.18
PAPI
1.25
P/B Ratio
Winner
IAK
1.69
PAPI
2.41
IAK vs PAPI - Holdings Comparison
IAK and PAPI have 9 common holdings. Overlap is 4.00%
IAK's top 25 holdings weight is 90.24%. PAPI's top 25 holdings weight is 16.74%.
| Rank | IAK | PAPI |
|---|---|---|
| #1 | CHUBB LTD (CB) - 13.24% | QUALCOMM INC (QCOM) - 0.78% |
| #2 | PROGRESSIVE CORP (PGR) - 13.18% | CORNING INC (GLW) - 0.77% |
| #3 | THE TRAVELERS COMPANIES INC (TRV) - 7.29% | TEXAS INSTRUMENTS INC (TXN) - 0.77% |
| #4 | ALLSTATE CORP (ALL) - 6.34% | CISCO SYSTEMS INC (CSCO) - 0.77% |
| #5 | METLIFE INC (MET) - 5.01% | POWER INTEGRATIONS INC (POWI) - 0.73% |
| #6 | AFLAC INC (AFL) - 4.67% | PATTERSON-UTI ENERGY INC (PTEN) - 0.73% |
| #7 | THE HARTFORD INSURANCE GROUP INC (HIG) - 4.35% | TD SYNNEX CORP (SNX) - 0.72% |
| #8 | AMERICAN INTERNATIONAL GROUP INC (AIG) - 4.32% | AVNET INC (AVT) - 0.71% |
| #9 | PRUDENTIAL FINANCIAL INC (PRU) - 4.09% | ROYALTY PHARMA PLC CLASS A (RPRX) - 0.70% |
| #10 | ARCH CAPITAL GROUP LTD (ACGL) - 3.92% | SKYWORKS SOLUTIONS INC (SWKS) - 0.69% |
| #11 | CINCINNATI FINANCIAL CORP (CINF) - 2.99% | INTERNATIONAL SEAWAYS INC (INSW) - 0.67% |
| #12 | MARKEL GROUP INC (MKL) - 2.69% | ANALOG DEVICES INC (ADI) - 0.66% |
| #13 | WR BERKLEY CORP (WRB) - 2.34% | CUMMINS INC (CMI) - 0.66% |
| #14 | PRINCIPAL FINANCIAL GROUP INC (PFG) - 2.32% | MILLICOM INTERNATIONAL CELLULAR SA (TIGO) - 0.66% |
| #15 | LOEWS CORP (L) - 2.09% | TARGET CORP (TGT) - 0.64% |
| #16 | ASSURANT INC (AIZ) - 1.48% | ALPHABET INC CLASS A (GOOGL) - 0.64% |
| #17 | UNUM GROUP (UNM) - 1.44% | HP INC (HPQ) - 0.62% |
| #18 | GLOBE LIFE INC (GL) - 1.43% | NOBLE CORP PLC CLASS A (NE) - 0.62% |
| #19 | FIDELITY NATIONAL FINANCIAL INC (FNF) - 1.42% | PERMIAN RESOURCES CORP CLASS A (PR) - 0.62% |
| #20 | AMERICAN FINANCIAL GROUP INC (AFG) - 1.08% | LEAR CORP (LEA) - 0.61% |
| #21 | OLD REPUBLIC INTERNATIONAL CORP (ORI) - 1.04% | MSC INDUSTRIAL DIRECT CO INC CLASS A (MSM) - 0.60% |
| #22 | PRIMERICA INC (PRI) - 1.02% | VALERO ENERGY CORP (VLO) - 0.60% |
| #23 | AXIS CAPITAL HOLDINGS LTD (AXS) - 0.87% | CABOT CORP (CBT) - 0.59% |
| #24 | KINSALE CAPITAL GROUP INC (KNSL) - 0.82% | ARCHER-DANIELS-MIDLAND CO (ADM) - 0.59% |
| #25 | THE HANOVER INSURANCE GROUP INC (THG) - 0.80% | RELIANCE INC (RS) - 0.59% |
| Total Holdings | 60 | 192 |
IAK vs PAPI - Historical Returns
Returns include dividend reinvestment.
1M
Winner
IAK
+1.69%
PAPI
+0.02%
3M
Winner
IAK
+0.38%
PAPI
-2.99%
6M
IAK
+3.38%
Winner
PAPI
+6.22%
1Y
IAK
+1.67%
Winner
PAPI
+13.91%
5Y(CAGR)
IAK
+12.48%
PAPI
N/A
10Y(CAGR)
IAK
+12.11%
PAPI
N/A
Max(CAGR)
IAK
+6.90%
Winner
PAPI
+10.39%
IAK vs PAPI - Annual Returns (2006 - 2026)
Returns include dividend reinvestment.
| Year | IAK | PAPI |
|---|---|---|
| 2026 | +0.46% | +5.55% |
| 2025 | +10.18% | +6.57% |
| 2024 | +26.86% | +8.40% |
| 2023 | +11.32% | +5.35% |
| 2022 | +11.43% | N/A |
| 2021 | +29.77% | N/A |
| 2020 | -3.63% | N/A |
| 2019 | +26.33% | N/A |
| 2018 | -10.35% | N/A |
| 2017 | +13.97% | N/A |
| 2016 | +21.48% | N/A |
| 2015 | +4.29% | N/A |
| 2014 | +8.92% | N/A |
| 2013 | +41.70% | N/A |
| 2012 | +16.16% | N/A |
| 2011 | -9.14% | N/A |
| 2010 | +18.03% | N/A |
| 2009 | +12.63% | N/A |
| 2008 | -50.01% | N/A |
| 2007 | -7.80% | N/A |
| 2006 | +8.66% | N/A |
IAK vs PAPI Drawdown Comparison
The maximum drawdown for IAK was -77.37%, occurring on Mar 9, 2009. Recovery took 1914 trading sessions.
The maximum drawdown for PAPI was -14.28%, occurring on Apr 8, 2025. Recovery took 260 trading sessions.
The current IAK drawdown is -1.68%. The current PAPI drawdown is -4.60%.
| Rank | IAK | PAPI |
|---|---|---|
| #1 | -77.37% May 22, 2007 - Dec 29, 2014 | -14.28% Nov 25, 2024 - Dec 10, 2025 |
| #2 | -44.95% Feb 11, 2020 - Mar 8, 2021 | -6.87% Mar 2, 2026 - May 13, 2026 |
| #3 | -20.30% Jan 26, 2018 - Apr 30, 2019 | -4.39% Mar 28, 2024 - May 17, 2024 |
| #4 | -16.97% Dec 1, 2015 - Aug 29, 2016 | -4.17% Jul 30, 2024 - Aug 29, 2024 |
| #5 | -14.74% Apr 20, 2022 - Nov 10, 2022 | -3.89% May 17, 2024 - Jul 16, 2024 |
| #6 | -14.38% Feb 13, 2023 - Sep 19, 2023 | -3.03% Oct 18, 2024 - Nov 21, 2024 |
| #7 | -11.58% Apr 2, 2025 - Dec 15, 2025 | -2.96% Oct 19, 2023 - Nov 3, 2023 |
| #8 | -11.30% Nov 29, 2024 - Mar 17, 2025 | -2.55% Jan 2, 2024 - Feb 21, 2024 |
| #9 | -10.64% Aug 17, 2015 - Dec 1, 2015 | -2.46% Aug 30, 2024 - Sep 24, 2024 |
| #10 | -9.08% Dec 30, 2014 - May 19, 2015 | -2.36% Nov 3, 2023 - Nov 30, 2023 |
| #11 | -8.71% May 7, 2021 - Aug 25, 2021 | -1.66% Jul 17, 2024 - Jul 26, 2024 |
| #12 | -8.55% Aug 2, 2017 - Oct 10, 2017 | -1.51% Dec 15, 2025 - Jan 6, 2026 |
| #13 | -8.41% Nov 3, 2021 - Jan 4, 2022 | -1.30% Feb 11, 2026 - Feb 27, 2026 |
| #14 | -7.70% Feb 9, 2022 - Mar 18, 2022 | -1.18% Jan 15, 2026 - Jan 21, 2026 |
| #15 | -7.62% Dec 15, 2025 - Mar 27, 2026 | -1.01% Dec 14, 2023 - Dec 22, 2023 |
Correlation
Correlation between IAK and PAPI is 0.84 which considered as a strong positive correlation - the stocks tend to move together.
0.84
-101
Dividend Comparison (2006 - 2026)
IAK vs PAPI dividend yield comparison.
| Year | IAK | PAPI |
|---|---|---|
| 2026 | 1.49% | 3.29% |
| 2025 | 1.69% | 7.59% |
| 2024 | 1.49% | 7.07% |
| 2023 | 1.44% | 1.45% |
| 2022 | 1.69% | 0.00% |
| 2021 | 2.26% | 0.00% |
| 2020 | 2.07% | 0.00% |
| 2019 | 1.84% | 0.00% |
| 2018 | 2.33% | 0.00% |
| 2017 | 1.62% | 0.00% |
| 2016 | 1.68% | 0.00% |
| 2015 | 1.62% | 0.00% |
| 2014 | 1.57% | 0.00% |
| 2013 | 1.13% | 0.00% |
| 2012 | 1.74% | 0.00% |
| 2011 | 1.51% | 0.00% |
| 2010 | 2.08% | 0.00% |
| 2009 | 1.60% | 0.00% |
| 2008 | 2.46% | 0.00% |
| 2007 | 1.19% | 0.00% |
| 2006 | 0.63% | 0.00% |
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