XLFvsIAIETF Comparison
VS
ETF 2
IAI
iShares U.S. Broker-Dealers & Securities Exchanges ETF
This fund is part of
US Financials
-0.43%
State Street Financial Select Sector SPDR ETF (XLF) and iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI) belong to the same industry segment: US Financials. Both ETFs have the same top 3 sector exposures: Finance, Technology and Business Services. XLF is less expensive with a Total Expense Ratio (TER) of 0.08%, versus 0.37% for IAI. XLF is up 5.07% year-to-date (YTD) with -$1.00B in YTD flows. IAI performs better with 8.49% YTD performance, and -$300M in YTD flows. Run a side-by-side ETF comparison of XLF and IAI 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
XLF vs IAI performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/09/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | XLF IAI | -1.33%+2.66% | +9.08%+7.71% | +5.07%+8.49% | +8.62%+12.57% | +73.64%+112.64% | +64.38%+94.19% |
| Flows | XLF IAI | -$4.02B+$10M | -$37M-$86M | -$1.00B-$300M | -$3.15B-$238M | +$345M+$266M | -$3.26B-$83M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | XLF IAI | +12.97%+21.16% | +14.54%+20.67% | +16.11%+20.52% | +18.44%+21.62% |
| Max drawdown | XLF IAI | -2.55%-6.72% | -14.79%-16.50% | -15.51%-23.13% | -25.84%-28.75% |
| Max drawdown duration | XLF IAI | 6d16d | 177d168d | 116d120d | 770d850d |
Trading data
XLF | IAI | |
Last sale 9/10/2026 at 1:30 PM | $56.87 | $189.77 |
| Previous close 09/09/2026 | $57.06 | $191.63 |
| 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
XLF | IAI | |
|---|---|---|
| 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 1:30 PM
Live
Closed
XLF | IAI | |
|---|---|---|
| Last price | $56.87 | $189.77 |
| 1D performance | -0.33% | -0.97% |
| AuM | $54.23 B | $1.41 B |
| E/R | 0.08% | 0.37% |
Characteristics
XLF | IAI | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | State Street Investment Management | iShares |
| Benchmark | S&P Financials Select Sector Index | Dow Jones U.S. Select Investment Services Index |
| N° of holdings | 76 | 36 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | December 16, 1998 | May 1, 2006 |
| ESG | No | No |
Advertisement
Exposure
Countries
XLF
USA
96.29%
Other
3.71%
IAI
USA
100.03%
Other
-0.03%
Sectors
XLF
Finance
95.61%
Other
4.39%
IAI
Finance
85.81%
Technology
9.5%
Other
4.69%
Advertisement
Diversification
XLF
Total weight of top 15 holdings out of 15
65.74%
IAI
Total weight of top 15 holdings out of 15
89.61%
Top 15 holdings
Data as of July 31, 2026
XLF
JPMorgan Chase & Co.
11.72%
Berkshire Hathaway, Inc.
11.66%
Visa, Inc.
7.56%
Mastercard, Inc.
5.75%
Bank of America Corp.
5.03%
The Goldman Sachs Group, Inc.
3.74%
Wells Fargo & Co.
3.29%
Morgan Stanley
3.14%
Citigroup, Inc.
2.79%
American Express Co.
2.23%
The Charles Schwab Corp.
2.14%
BlackRock, Inc.
1.96%
Capital One Financial Corp.
1.62%
Chubb Ltd.
1.57%
S&P Global, Inc.
1.55%
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%
Frequently asked questions about XLF and IAI
How have the XLF and IAI ETFs performed in 2026?
As of September 9, 2026, XLF is up 5.07% year-to-date (YTD), while IAI has returned 8.49%. That puts IAI better performer ahead so far this year.
Which ETF is attracting more investor money: XLF or IAI?
Year-to-date, the XLF ETF saw -$1.00B in flows, compared to -$300M for IAI.
Which ETF is more volatile: XLF or IAI?
Over the past year, XLF had a volatility of 14.54%, while IAI experienced 20.67%.
Which ETF is bigger: XLF or IAI?
As of September 9, 2026, XLF holds $54.23 B in assets under management (AUM), while IAI manages $1.41 B.
What sectors do the XLF and IAI ETFs invest in?
XLF leans toward sectors like Finance. Meanwhile, IAI focuses on Finance and Technology.
What are the top holdings of the XLF ETF and IAI ETF?
XLF top holdings include JPMorgan Chase & Co., Berkshire Hathaway, Inc. and Visa, Inc.. IAI holds in its top three: The Goldman Sachs Group, Inc., Morgan Stanley and The Charles Schwab Corp..
Which ETF is more diversified: XLF or IAI?
XLF holds 76 securities with 65.74% of its assets in the top 15. IAI has 36 securities and a top 15 weight of 89.61%.
Advertisement
Latest news about XLF & IAI
The Weekly ETF Market Monitor (August 24-28, 2026)
August 31, 2026
XLF
The Weekly ETF Market Monitor (August 17-21, 2026)
August 24, 2026
XLF
These Industry ETFs Could Be Vulnerable to AI Disruption
March 6, 2026
IAI
Advertisement
Investing in Sector ETFs: Financials and Real Estate
September 11, 2024
XLF
May 2024 U.S. Sector ETFs Inflows and Outflows Breakdown
May 22, 2024
XLF
Advertisement
