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IHI
Upturn stock ratingUpturn stock rating

iShares U.S. Medical Devices ETF (IHI)

Upturn stock ratingUpturn stock rating
$60.34
Last Close (24-hour delay)
Profit since last BUY-4.02%
upturn advisory
WEAK BUY
BUY since 16 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
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Upturn Advisory Summary

09/15/2025: IHI (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type ETF
Historic Profit -8.74%
Avg. Invested days 35
Today’s Advisory WEAK BUY
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
ETF Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 09/15/2025

Key Highlights

Volume (30-day avg) -
Beta 1.01
52 Weeks Range 52.86 - 65.09
Updated Date 06/29/2025
52 Weeks Range 52.86 - 65.09
Updated Date 06/29/2025

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iShares U.S. Medical Devices ETF

stock logo

ETF Overview

overview logo Overview

The iShares U.S. Medical Devices ETF (IHI) seeks to track the investment results of an index composed of U.S. equities in the medical devices sector. It offers exposure to manufacturers, distributors, and suppliers of medical devices.

reliability logo Reputation and Reliability

iShares is a reputable and reliable issuer with a long track record in the ETF market.

reliability logo Management Expertise

iShares benefits from BlackRock's extensive experience in investment management and ETF product development.

Investment Objective

overview logo Goal

To track the investment results of an index composed of U.S. equities in the medical devices sector.

Investment Approach and Strategy

Strategy: Tracks a market-cap-weighted index of U.S. medical device companies.

Composition Primarily holds stocks of companies involved in the medical devices industry.

Market Position

Market Share: IHI holds a significant market share in the medical devices ETF sector, being one of the oldest and most established funds.

Total Net Assets (AUM): 6660000000

Competitors

overview logo Key Competitors

  • SPDR S&P Health Care Equipment ETF (XHE)
  • Invesco Dynamic Medical Devices ETF (PZD)
  • First Trust Nasdaq Lux Biomedical & Devices ETF (FBT)

Competitive Landscape

IHI dominates the market share due to its large AUM and long-standing presence. XHE provides broader healthcare exposure, while PZD and FBT offer different weighting methodologies. IHI is advantageous due to its narrow focus, potentially leading to higher growth, while its competitors provide more diversification.

Financial Performance

Historical Performance: Past performance is not indicative of future results.

Benchmark Comparison: The ETF aims to closely track its underlying index's performance.

Expense Ratio: 0.42

Liquidity

Average Trading Volume

IHI demonstrates high liquidity with a substantial average daily trading volume.

Bid-Ask Spread

The bid-ask spread for IHI is generally tight, reflecting its liquidity.

Market Dynamics

Market Environment Factors

Factors influencing IHI include healthcare spending trends, technological advancements in medical devices, regulatory changes, and demographic shifts.

Growth Trajectory

IHI's growth is tied to the overall growth of the medical devices industry and its ability to maintain its market share and track its benchmark.

Moat and Competitive Advantages

Competitive Edge

IHI's competitive edge stems from its established brand recognition, large AUM, and focused exposure to the U.S. medical devices sector. It benefits from the strength of the iShares brand and the backing of BlackRock's resources. The ETFu2019s focused strategy allows it to concentrate on high-growth potential areas within the medical device industry. Its large AUM also allows for tighter bid-ask spreads, further attracting investors. This combination makes it a preferred choice for investors seeking targeted exposure to this sector.

Risk Analysis

Volatility

IHI's volatility can be influenced by market fluctuations and sector-specific news.

Market Risk

Market risk is the biggest risk, as the fund is sensitive to changes in economic conditions, and healthcare regulations.

Investor Profile

Ideal Investor Profile

IHI is suitable for investors seeking targeted exposure to the U.S. medical devices sector.

Market Risk

IHI is best suited for long-term investors who believe in the growth potential of the medical devices industry.

Summary

The iShares U.S. Medical Devices ETF (IHI) provides targeted exposure to U.S. companies in the medical devices sector. It is a well-established ETF with high liquidity and a significant market share. IHI's performance is closely tied to the medical devices industry, making it suitable for long-term investors bullish on this sector. Its relatively low expense ratio and backing by BlackRock add to its appeal. However, investors should be aware of sector-specific risks and market volatility.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • iShares Official Website
  • ETF.com
  • Yahoo Finance
  • SEC Filings

Disclaimers:

This analysis is for informational purposes only and does not constitute financial advice. Past performance is not indicative of future results. Investors should consult with a qualified financial advisor before making any investment decisions.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About iShares U.S. Medical Devices ETF

Exchange NYSE ARCA
Headquaters -
IPO Launch date -
CEO -
Sector -
Industry -
Full time employees -
Website
Full time employees -
Website

The fund seeks to track the investment results of the Dow Jones U.S. Select Medical Equipment Index, which measures the performance of the medical equipment sector of the U.S. equity market, as defined by S&P Dow Jones Indices LLC. The index includes medical equipment companies, including manufacturers and distributors of medical devices such as magnetic resonance imaging scanners, prosthetics, pacemakers, X-ray machines, and other non-disposable medical devices. The fund is non-diversified.