IHI
IHI 1-star rating from Upturn Advisory

iShares U.S. Medical Devices ETF (IHI)

iShares U.S. Medical Devices ETF (IHI) 1-star rating from Upturn Advisory
$60.6
Last Close (24-hour delay)
Profit since last BUY-2.05%
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Upturn Advisory Summary

11/05/2025: IHI (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

Upturn 1 star rating for performance

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 -10.51%
Avg. Invested days 32
Today’s Advisory Consider higher Upturn Star rating
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Upturn Advisory Performance Upturn Advisory Performance icon 2.0
ETF Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/05/2025

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

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

iShares U.S. Medical Devices ETF

iShares U.S. Medical Devices ETF(IHI) company logo displayed in Upturn AI summary

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, offering exposure to companies that produce medical equipment, instruments, and supplies.

Reputation and Reliability logo Reputation and Reliability

BlackRock, the issuer, is one of the world's largest asset managers with a strong reputation and a long track record of managing ETFs.

Leadership icon representing strong management expertise and executive team Management Expertise

BlackRock has extensive experience and expertise in managing a wide range of ETFs, including sector-specific funds.

Investment Objective

Icon representing investment goals and financial objectives Goal

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

Investment Approach and Strategy

Strategy: IHI aims to replicate the performance of the ICE U.S. Medical Devices Index.

Composition The ETF primarily holds stocks of companies involved in the design, manufacture, and distribution of medical devices.

Market Position

Market Share: IHI holds a significant market share within the medical devices ETF sector.

Total Net Assets (AUM): 6630000000

Competitors

Key Competitors logo Key Competitors

  • XHE
  • FTXG
  • FHLC

Competitive Landscape

The medical devices ETF market is relatively concentrated. IHI has significant AUM compared to its competitors due to its long history and strong brand recognition. However, competitors like XHE and FTXG offer slightly different weighting methodologies or broader healthcare exposure which may appeal to some investors. IHI's focused approach provides pure-play exposure to medical devices, but that is a disadvantage if investors want a more diversified healthcare portfolio.

Financial Performance

Historical Performance: Historical performance data is readily available but changes over time so must be actively tracked.

Benchmark Comparison: The ETF's performance should be compared against the ICE U.S. Medical Devices Index to evaluate its tracking effectiveness.

Expense Ratio: 0.4

Liquidity

Average Trading Volume

IHI has strong trading volume, typically allowing investors to buy and sell shares easily.

Bid-Ask Spread

The bid-ask spread is generally tight, indicating efficient trading and lower transaction costs.

Market Dynamics

Market Environment Factors

Factors such as advancements in medical technology, regulatory changes, demographic shifts, and healthcare spending influence IHI.

Growth Trajectory

Growth trends are tied to medical device innovation, aging populations, and increased healthcare access; holdings and strategy periodically adjust.

Moat and Competitive Advantages

Competitive Edge

IHI benefits from BlackRock's established reputation and large AUM, offering stability and liquidity. The fund's clear focus on U.S. medical devices allows for targeted exposure. It offers a relatively simple and passive investment strategy tracking a well-defined index. Its pure-play approach ensures investors are directly exposed to the medical devices sector. IHI's brand recognition and trading volume serve as further competitive advantages.

Risk Analysis

Volatility

Volatility is generally moderate, reflecting the stability of the healthcare sector, but can be affected by regulatory news or product recalls.

Market Risk

Risks include sector-specific risks such as regulatory hurdles, technological obsolescence, and competition, as well as broader market risks.

Investor Profile

Ideal Investor Profile

Investors seeking targeted exposure to the U.S. medical devices sector, who believe in the growth potential of medical technology and healthcare spending.

Market Risk

Suitable for long-term investors looking for sector-specific exposure within a diversified portfolio or for those with a bullish outlook on medical devices.

Summary

The iShares U.S. Medical Devices ETF (IHI) provides targeted exposure to the U.S. medical devices sector through a passively managed fund tracking the ICE U.S. Medical Devices Index. It is managed by BlackRock, offering a stable and liquid investment option with a moderate expense ratio. Investors should consider its sector-specific risks and potential volatility. IHI's focused approach provides exposure to companies involved in medical equipment, instruments and supplies with strong trading volume making it suitable for investors seeking sector specific exposure.

Similar ETFs

Sources and Disclaimers

Data Sources:

  • iShares.com
  • Morningstar.com
  • ETFdb.com

Disclaimers:

The data provided is for informational purposes only and should not be considered investment advice. Market conditions can change, and past performance is not indicative of future results. Consult with a financial advisor before making any investment decisions.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries 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.