Overview

The insurance industry equal-weighted — 56 underwriters, brokers and reinsurers at ~2% each, so specialty and mid-cap names drive returns alongside the giants.

Top Holdings

Fund Details

Investment Thesis

The equal-weight sibling of the insurance trade: where IAK concentrates in Progressive and Chubb, KIE gives the brokers and reinsurers — the industry's fastest compounders — equal billing. Hard pricing markets and 5% float yields lift every name in the book, and +12% with the industry still valued like a utility leaves the re-rating case intact. The broker sleeve (Marsh, Gallagher, Brown & Brown) adds fee businesses that compound regardless of underwriting cycles.

Who It's For

Financial-sector investors who want insurance breadth — brokers and reinsurers included — with no single franchise dominating the outcome.

10-Year History

Price history from exchange data. Dividend yields from reported distributions; some earlier years are derived from total-return vs price-return data or are ETFHub estimates. AUM history is an ETFHub estimate modelled from current assets and annual returns (fund flows not reflected) and may differ from official fund records. Data as of October 2026.

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