ETF·NYSE
iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI)
- Net assets
- $1.32B
- Expense ratio
- 0.37%
- Yield
- 1.21%
- 52-week range
- $157.78 $198.09
The short version
Where IAI stands today, in four lines, and what CleaRank Financial AI makes of it.
IAI at a glance
iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI): Sell, 32/100 on CleaRank's AI score.
- Trend Down: the price is below both its 50- and 200-day moving averages ($185.97 and $180.43).
- Fund Expense ratio 0.37%, $1.3B in net assets, +0.8% total return over 1 year.
Figures as of October 17, 2026.
CleaRank Financial AI
IAI, the iShares U.S. Broker-Dealers & Securities Exchanges ETF, carries a CleaRank rating of Sell and a model score of 32/100.
The strongest contributor is one-year performance, with the price up 3.31% over the past year. Momentum pulls the score down the most, as the 14-day RSI of 39.2 is bearish and the MACD line is negative. Trend is also down: the price sits 5.44% below its 50-day average of $185.97 and 2.53% below its 200-day average of $180.43.
Only on CleaRank
Figures we compute ourselves from IAI's own price history. Tap one to see it in context.
Price and trading
The chart, today's range and how far the price has moved over each period.
Trend checks
1/4Price above its 50-day average ›
The price of $175.86 is 5.4% below the 50-day simple moving average of $185.97.Price above its 200-day average ›
The price is 2.5% below the 200-day simple moving average of $180.43.50-day average above the 200-day ›
The 50-day average ($185.97) is 3.1% above the 200-day average ($180.43), the arrangement of a rising longer-term trend.In the upper half of its 52-week range ›
The price sits at 45% of its 52-week range, between $157.78 and $198.09.
IAI share price
Pick a period: each tab shows how far IAI has moved over it, to the last close.
Today's trading
Where IAI sits inside today's range and its 52-week range.
Fund facts and valuation
What the fund holds, what it costs and how it is valued.
Fund checks
3/5Expense ratio at or below 0.20% ›
The fund charges 0.37% a year, $37.00 on a $10,000 holding.Over $1B in net assets ›
Net assets total $1.3B.No sector above 35% of the fund ›
The largest sector, Financial Services, makes up 99.9% of the fund.Pays a distribution ›
The distribution yield is 1.21%.Positive return over one year ›
The fund family reports a one-year total return of 0.79%.
IAI Fund Facts
iShares U.S. Broker-Dealers & Securities Exchanges ETF is an exchange-traded fund that provides targeted exposure to U.S. investment services companies. The fund is designed to track the Dow Jones U.S. Select Investment Services Index, which focuses on broker-dealers, securities exchanges, and related financial market infrastructure businesses. Its portfolio typically includes firms involved in trading, market making, brokerage services, exchange operations, and financial data or analytics used by market participants.
Sector weights
Trailing total returns
| Period | IAI |
|---|---|
| YTD | -0.94% |
| 1 month | -9.21% |
| 3 months | 0.62% |
| 1 year | 0.79% |
| 3 years | 26.04% |
| 5 years | 12.81% |
| 10 years | 17.42% |
As of Oct 17, 2026, IAI has an expense ratio of 0.37%, $1.32B in net assets and a distribution yield of 1.21%.
Fund reference data as of Oct 17, 2026. Expense ratio and net assets are reported by the fund; returns are total returns and can differ from price change.
Key statistics
The headline figures for IAI.
What the numbers say
CleaRank Financial AI's reading of IAI's holdings, performance and risks.
Financial Services is the core of iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI), accounting for 99.9% of the fund. With nearly all of its assets in that single sector, IAI tends to move in step with it. IAI is a Financial fund from iShares, and it first launched on May 1, 2006.
Holding the fund costs 0.37% a year, which works out to $37.00 on a $10,000 position. Net assets stand at $1.3B. Distributions produce a yield of 1.21%, and portfolio turnover is 18%.
Concentration matters here: Financial Services makes up 99.9% of the fund, so a setback in that sector would weigh on the whole. Day-to-day volatility is the first thing to plan around: IAI has moved 1.04% on an average session. The downtrend is itself a risk for as long as the price stays under both moving averages.
AI analysis and technicals
CleaRank's score and reasoning, the indicators behind it, and what the price moves with.
Momentum checks
1/3RSI not overbought or oversold ›
The 14-day RSI is 39.2, showing bearish momentum without being oversold.RSI above 50 ›
An RSI of 39.2 is below the 50 midpoint, so sellers have had the upper hand over the last 14 days.MACD line above zero ›
The MACD line is negative, so the 12-day average is below the 26-day average.
CleaRank AI analysis of IAI
The score, the reasoning behind it, and what could move the price next.
Priced at $175.86, iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI) sits beneath both of its major moving averages. The price is 5.44% below its 50-day average of $185.97 and 2.53% below the 200-day average of $180.43. That 50-day average is 3.07% above the 200-day one, and that spread would shrink if the price keeps trading under the shorter average. Within its 52-week range, running from $157.78 up to $198.09, the price stands at 45%.
A recent pullback sits inside a stronger longer record: the price fell 2.93% over the past month, fell 6.64% over the past three months and rose 3.31% over the past year. On momentum, the 14-day RSI reads 39.2, in the bearish zone, above the oversold line, with the MACD line negative. The price fell 0.92% in the last session on volume 143.0% above its average.
- Two levels deserve the most attention: the 20-day EMA, at $179.10 and above the price, and the 52-week low, at $157.78 and below it.
- A 14-day RSI of 39.2 falls in the bearish zone, and the MACD line is negative. Readings above 70 or below 30 signal stretched momentum.
- Fees add up over time. At 0.37% a year, IAI takes $37.00 from every $10,000 invested.
Until IAI climbs back above both its 50-day average, at $185.97, and its 200-day average, at $180.43, the downtrend remains intact. Reclaiming the 200-day average would be the first sign of a recovery. Overhead, the 20-day EMA at $179.10 is the first barrier a rally would have to clear.
Below the price, the 52-week low at $157.78 is the next level a decline would reach. The RSI is in the bearish band, a reading that makes a fast rebound less likely.
Technical indicators
Momentum and trend for IAI, from its daily closes.
As of October 17, 2026, with IAI at $175.86, its 14-day RSI is 39.2 (showing bearish momentum without being oversold), its 50-day simple moving average is $185.97 and its 200-day is $180.43.
Calculated by CleaRank on daily closes as of October 17, 2026: Wilder's 14-day RSI, 50- and 200-day simple moving averages, MACD line (12, 26).
What IAI moves with
Correlation of daily returns over one year: +1 moves in step, 0 has no link, -1 moves the opposite way.
As of October 17, 2026, IAI's 1-year correlation of daily returns is +0.79 with S&P 500 (SPY), +0.69 with Nasdaq 100 (QQQ), +0.53 with Bitcoin (BTC) and +0.16 with gold (XAU).
A trade plan, if you want one
Entry, stop and target levels from the moving averages and recent volatility. Educational, not advice.
IAI trade plan
Entry, stop and target levels, sized to your account. Change the bias or the risk and every level updates.
Short entry pick an entry style
Risk management
Profit targets (Based on Conservative Entry)
These levels come from IAI's moving averages and recent volatility, not from a forecast. Educational levels, not financial advice; the full disclaimer is at the foot of the page.
Risk profile
How much IAI tends to move, against the market and on its own.
The long record
IAI's worst falls and recoveries, what $10,000 became, and which months have been kind to it.
Track record checks
4/4Average daily move under 2% ›
The price has moved 1.04% on an average day (30-day standard deviation of daily returns).Recovered from its worst fall ›
The worst fall was 33.9%, from February 2020 to March 2020, regained by November 2020.Most 1-year holds ended higher ›
75% of 1-year holding periods in the last 10 years ended with a gain.Beat the S&P 500 since the chart begins ›
$10,000 invested in October 2016 is now worth $50,102, against $42,055 in the S&P 500 (SPY).
IAI Drawdowns & Recovery
As of October 17, 2026, IAI's worst peak-to-trough fall over the last 10 years with dividends reinvested was -33.9% (February 2020 to March 2020); it regained that peak by November 2020, 8 months after the low, and 75% of 1-year holding periods ended with a gain.
From weekly closing values with dividends reinvested. A drawdown is the fall from the highest value reached so far to a later low.
Growth of $10,000
What $10,000 put into IAI in October 2016 is worth now, against the same amount in the S&P 500.
Against the market: IAI beat the S&P 500 over this period: $50,102 against $42,055.
A $10,000 investment in IAI in October 2016 would be worth about $50,102 today with dividends reinvested, compared with about $42,055 for the same investment in the S&P 500 benchmark (also with dividends reinvested).
Seasonal patterns
Which calendar months have been kind to IAI, and which have not.
Strongest month, November: an average of +7.44%, up in 8 of 10 years.
Weakest month, March: an average of -4.31%, up in 3 of 10 years.
This month, October: has averaged +1.42%, up in 5 of 9 years. Past seasonality does not repeat on schedule.
Over the last 10 years, IAI's strongest calendar month has been November (average +7.44%, up in 8 of 10 years) and its weakest March (average -4.31%, up in 3 of 10 years).
Average return for each calendar month over the last 10 years, from weekly closing prices with dividends included.
Long-term scenarios
Thousands of simulated paths from the price history. A range of outcomes, not a forecast.
Monte Carlo projection
Thousands of simulated paths for $10,000 in IAI, from its own past volatility. The shaded area holds 80% of them.
CleaRank's 10-year Monte Carlo simulation projects that a $10,000 investment in IAI today could grow to about $24,522 by 2036 in the base case, with a 90th-percentile outcome near $62,085 and a 10th-percentile outcome around $9,685. The simulation models price only; at today's 1.21% yield, dividends would add to these figures. Projections are statistical simulations, not guarantees.
IAI 2030 Scenarios (Monte Carlo)
The same simulation in share prices, year by year.
CleaRank's simulation projects a price near $252 for IAI by 2030 in the base case, from $176 today (1.4x over 4 years). The 10th-percentile path ends near $140. These are outcomes of a Monte Carlo simulation run on IAI's historical return distribution, not price targets, and they assume no dividends are reinvested.
| Year | 10th percentile | Base case | 90th percentile | range base today |
|---|---|---|---|---|
| 2027 | $143 | $192 | $258 | |
| 2028 | $139 | $210 | $319 | |
| 2029 | $138 | $230 | $383 | |
| 2030 | $140 | $252 | $453 | |
| 2031 | $143 | $275 | $531 |
Method: a lognormal simulation of IAI's own volatility and capped historical trend, re-run daily; base case is the median path, the outer columns the 10th and 90th percentiles.
Questions people ask
Answered from the figures on this page, as of October 17, 2026.