IAIvsTFNSETF Comparison
ETF 1
IAI
iShares U.S. Broker-Dealers & Securities Exchanges ETF
This fund is part of
US Financials
-0.43%
VS
iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI) and T. Rowe Price Financials ETF (TFNS) belong to the same industry segment: US Financials. IAI's top 3 sector exposures are Finance, Technology and Business Services. In contrast, TFNS's top sector exposures are Finance, Business Services and Technology. IAI is less expensive with a Total Expense Ratio (TER) of 0.37%, versus 0.44% for TFNS. IAI is up 8.49% year-to-date (YTD) with -$300M in YTD flows. TFNS performs worse with 7.13% YTD performance, and +$6M in YTD flows. Run a side-by-side ETF comparison of IAI and TFNS below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
IAI vs TFNS performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/08/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | IAI TFNS | +2.66%-0.86% | +7.71%+10.85% | +8.49%+7.13% | +12.57%+12.62% | +112.64%n/a | +94.19%n/a |
| Flows | IAI TFNS | +$10M+$2M | -$86M+$5M | -$300M+$6M | -$238M+$8M | +$266M- | -$83M- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | IAI TFNS | +21.16%+13.35% | +20.67%+14.97% | +20.52%n/a | +21.62%n/a |
| Max drawdown | IAI TFNS | -6.72%-2.55% | -16.50%-13.97% | -23.13%n/a | -28.75%n/a |
| Max drawdown duration | IAI TFNS | 16d17d | 168d176d | 120dn/a | 850dn/a |
Trading data
IAI | TFNS | |
Last sale 9/10/2026 at 2:01 PM | $191.03 | $29.36 |
| Previous close 09/09/2026 | $191.63 | $29.43 |
| Consolidated volume 09/09/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of August 31, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
TFNS
is actively managed and doesn’t replicate an indexIAI | TFNS | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 9/10/2026 at 2:01 PM
Live
Closed
IAI | TFNS | |
|---|---|---|
| Last price | $191.03 | $29.36 |
| 1D performance | -0.31% | -0.23% |
| AuM | $1.41 B | $19.87 M |
| E/R | 0.37% | 0.44% |
Characteristics
IAI | TFNS | |
|---|---|---|
| Management strategy | Passive | Active |
| Provider | iShares | T. Rowe Price |
| Benchmark | Dow Jones U.S. Select Investment Services Index | - |
| N° of holdings | 36 | 83 |
| Asset class | Equities | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | May 1, 2006 | June 11, 2025 |
| ESG | No | No |
Advertisement
Exposure
Countries
IAI
USA
100.03%
Other
-0.03%
TFNS
USA
90.56%
Other
9.44%
Sectors
IAI
Finance
85.81%
Technology
9.5%
Other
4.69%
TFNS
Finance
94.54%
Other
5.46%
Advertisement
Diversification
IAI
Total weight of top 15 holdings out of 15
89.61%
TFNS
Total weight of top 15 holdings out of 15
59.8%
Top 15 holdings
Data as of July 31, 2026
IAI
The Goldman Sachs Group, Inc.
19.59%
Morgan Stanley
16.22%
The Charles Schwab Corp.
9.15%
Intercontinental Exchange, Inc.
4.79%
Moody's Corp.
4.60%
CME Group, Inc.
4.36%
Robinhood Markets, Inc.
4.31%
S&P Global, Inc.
4.19%
Nasdaq, Inc.
3.82%
MSCI, Inc.
3.76%
Interactive Brokers Group, Inc.
3.62%
Coinbase Global, Inc.
3.27%
Cboe Global Markets, Inc.
2.78%
Raymond James Financial, Inc.
2.72%
LPL Financial Holdings, Inc.
2.43%
TFNS
Berkshire Hathaway, Inc.
9.52%
Visa, Inc.
6.81%
Mastercard, Inc.
6.19%
JPMorgan Chase & Co.
4.43%
Wells Fargo & Co.
4.31%
Bank of America Corp.
4.22%
The Goldman Sachs Group, Inc.
3.68%
The Charles Schwab Corp.
3.50%
Citigroup, Inc.
3.17%
Capital One Financial Corp.
2.86%
Morgan Stanley
2.68%
Chubb Ltd.
2.50%
BlackRock, Inc.
2.29%
Marsh & McLennan Cos., Inc.
2.06%
U.S. Bancorp
1.57%
Frequently asked questions about IAI and TFNS
How have the IAI and TFNS ETFs performed in 2026?
As of September 8, 2026, IAI is up 8.49% year-to-date (YTD), while TFNS has returned 7.13%. That puts IAI better performer ahead so far this year.
Which ETF is attracting more investor money: IAI or TFNS?
Year-to-date, the IAI ETF saw -$300M in flows, compared to +$6M for TFNS.
Which ETF is more volatile: IAI or TFNS?
Over the past year, IAI had a volatility of 20.67%, while TFNS experienced 14.97%.
Which ETF is bigger: IAI or TFNS?
As of September 8, 2026, IAI holds $1.41 B in assets under management (AUM), while TFNS manages $19.87 M.
What sectors do the IAI and TFNS ETFs invest in?
IAI leans toward sectors like Finance and Technology. Meanwhile, TFNS focuses on Finance.
What are the top holdings of the IAI ETF and TFNS ETF?
IAI top holdings include The Goldman Sachs Group, Inc., Morgan Stanley and The Charles Schwab Corp.. TFNS holds in its top three: Berkshire Hathaway, Inc., Visa, Inc. and Mastercard, Inc..
Which ETF is more diversified: IAI or TFNS?
IAI holds 36 securities with 89.61% of its assets in the top 15. TFNS has 83 securities and a top 15 weight of 59.8%.
Advertisement
Latest news about IAI & TFNS
These Industry ETFs Could Be Vulnerable to AI Disruption
March 6, 2026
IAI
The US labor market continues to hold up
December 13, 2022
IAI
Advertisement
Advertisement
