iShares US Broker-Dealers & Securities Exchanges (IAI) Daily/Weekly Backtest Results

Buy indicator:                  
              [ What are these indicators? | Switch to IAI's monthly backtests ]
Fixed profit target:               -or-  

Expectancy: 6.69%.   Win rate: 80.0%.   Sharpe Ratio: -1.028.   Maximum drawdown: -23.42% on 16 June 2022.
Mean CAGR: 103.61%. Time in market: 1809 days.   Hypothetical return: $1000 would be worth $1282.05 on 01 December 2023.
Key: change_history : profitable trade change_history : breakeven trade (minimal loss after 2 years) change_history : losing trade (not profitable in a 2 year timeframe)


*Transaction costs, taxes and dividends are excluded from these calculations. Past performance may not necessarily be a reliable guide to future performance.

Calculations for Securities Exchanges

Expectancy is the percentage profit or loss you would expect to make on the next purchase of this stock with an entry point at the specified signal and profit target as set above. Given a large enough sample size, a positive expectancy indicates the trading strategy is likely to be profitable.

Expectancy calculation for 10 signal(s) occurring before 22 April 2024 for a 7.5% profit target: (80.0% * 8.23%) + (10.0% * 1.34%) - (10.0% * 0.32%) = 6.69%.
Wins: 8 Breakevens: 1 Losses: 1

To even out CAGR calculations, large individual returns from particularly quick trades have been capped at 300%.

The Sharpe Ratio calculation assumes a risk free return rate of 2% per calendar year. Ideally the ratio should be a positive number. A higher positive number indicates the strategy has a more attractive risk adjusted rate of return for this particular buy signal and stock over the chart's timeframe.

 

50 day low Backtest Summary (Fixed Profits System)

This table summarises how profitable it would have been to have bought this stock at each 50 day low entry signal. Hover over the icons to see more details of the particular trade, including the maximum percentage drawdown and how long it took to reach the desired percentage profit.

Key:   disabled_by_default = profit point not achieved. select_check_box = profit point achieved with CAGR above 15%.
select_check_box = profit point achieved with CAGR of between 5% and 15%. select_check_box = profit point achieved but CAGR was less than 5%.

Signal Date and Score Buy Signal Price Performance (mouseover for details)
5% 6% 7.5% 10% 20%
27 March 2026   MEDIUM     smart_toy0.714 50 Day Low $ 159.76 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt schedule
11 February 2026   MEDIUM     smart_toy0.91 50 Day Low $ 173.70 schedule schedule schedule schedule schedule
18 November 2025   MEDIUM     smart_toy0.871 50 Day Low $ 168.42 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt schedule
17 October 2025   MEDIUM     smart_toy0.929 50 Day Low $ 170.18 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt schedule
10 March 2025   MEDIUM   FIRE SALE   smart_toy0.858 50 Day Low $ 137.40 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt
27 October 2023   MEDIUM     smart_toy0.767 50 Day Low $ 86.14 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_bolt
25 September 2023   MEDIUM     smart_toy0.54 50 Day Low $ 92.08 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt
03 May 2023   MEDIUM     smart_toy0.675 50 Day Low $ 87.53 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt
10 March 2023   MEDIUM     smart_toy0.566 50 Day Low $ 92.75 select_check_box select_check_box select_check_box select_check_box select_check_box
29 September 2022   MEDIUM   FIRE SALE   smart_toy0.938 50 Day Low $ 86.01 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt
13 June 2022   MEDIUM   FIRE SALE   smart_toy0.974 50 Day Low $ 82.08 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt
22 April 2022   MEDIUM     smart_toy0.766 50 Day Low $ 94.33 select_check_box select_check_box select_check_box select_check_box select_check_box
24 February 2022   HIGH     smart_toy0.732 50 Day Low $ 101.06 select_check_box select_check_box select_check_box select_check_box select_check_box
21 January 2022   LOW     smart_toy0.932 50 Day Low $ 104.29 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box select_check_box
20 December 2021   LOW     smart_toy0.791 50 Day Low $ 106.48 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt disabled_by_default disabled_by_default disabled_by_default

 

The data for iShares US Broker-Dealers & Securities Exchanges (exchange: ARCX symbol: IAI) was last updated 30 Apr 2026 06:59. Data for this ETF is available from 04 Jan 2021 - 29 Apr 2026.