Investors can also take a look at other insurance ETFs, including the iShares US Insurance ETF (NYSEArca: IAK), PowerShares KBW Insurance Portfolio (NYSEArca: KBWI) and PowerShares KBW Property & Casualty Insurance Portfolio (NYSEArca: KBWP).

The iShares Insurance ETF tracks large insurers like American International Group (NSYE: AIG) 14.0%, MET 11.1% and Prudential Financial (NYSE: PRU) 7.3%. This offering does not track reinsurance firms. IAK has a 0.46% expense ratio.

KBWI has a more focused exposure to the insurance industry, including a hefty weight toward property & casualty insurance at 66.6%, along with a 22.0% tilt toward reinsurers. Top holdings include Allstate (NYSE: ALL) 9.3%, Travelers Cos Inc (NYSE: TRV) 8.1% and Progressive (NYSE: PGR) 7.4%. The ETF has a 0.35% expense ratio. [Evaluating Insurance ETFs]

KBWP takes a broader approach, with property & casualty insurers at 35.6% of the portfolio, followed by life & health insurers 32.5%, insurance brokers 12.0%, multi-line insurance 9.6%, asset management/banks 4.4%, thrifts & mortgage finance 4.1% and reinsurance 1.8%. Top holdings include TRV 8.7%, Marsh & McLennan (NYSE: MMC) 8.0% and Aflac (NYSE: AFL) 7.4%. The ETF has a 0.35% expense ratio.

For more information on the insurance sector, visit our insurance category.

 

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