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IHI
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iShares U.S. Medical Devices ETF (IHI)

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$62.03
Last Close (24-hour delay)
Profit since last BUY0.11%
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BUY since 41 days
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Upturn Advisory Summary

07/10/2025: 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 -1.79%
Avg. Invested days 37
Today’s Advisory Consider higher Upturn Star rating
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 07/10/2025

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

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

reliability logo Reputation and Reliability

BlackRock is a globally recognized and reputable asset manager with a long track record of managing ETFs.

reliability logo Management Expertise

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

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: The ETF employs a passive management strategy, seeking to replicate the performance of the ICE U.S. Medical Devices Index.

Composition Primarily holds stocks of U.S. companies involved in the development, production, and sales of medical devices.

Market Position

Market Share: The ETF holds a significant market share within the medical devices ETF segment.

Total Net Assets (AUM): 6000000000

Competitors

overview logo Key Competitors

  • XHE
  • FTXG
  • JHCS

Competitive Landscape

The medical device ETF market is relatively concentrated. IHI benefits from BlackRock's established brand and large AUM, which translates to high liquidity. XHE offers a more equal-weighted approach. IHI is more top-heavy, potentially leading to concentration risk but also higher potential returns from leading companies. FTXG focuses on innovation and genomics related to healthcare, which can yield diverse investment opportunities in medical devices. JHCS focuses on providing a specific index in innovative healthcare, potentially catering to niche markets.

Financial Performance

Historical Performance: The ETF's historical performance is dependent on the overall performance of the medical devices sector and broader market conditions.

Benchmark Comparison: The ETF aims to closely track the performance of the ICE U.S. Medical Devices Index.

Expense Ratio: 0.4

Liquidity

Average Trading Volume

The ETF typically exhibits high average trading volume, facilitating easy buying and selling of shares.

Bid-Ask Spread

The bid-ask spread is generally tight, indicating good liquidity and lower transaction costs.

Market Dynamics

Market Environment Factors

Economic growth, healthcare spending, technological advancements, and regulatory changes all impact the performance of medical device companies.

Growth Trajectory

The ETF's growth is tied to the expansion of the medical devices market, driven by an aging population, increasing prevalence of chronic diseases, and advancements in medical technology.

Moat and Competitive Advantages

Competitive Edge

IHI's competitive advantage comes from its large AUM, leading to high liquidity and lower trading costs. Its affiliation with BlackRock provides credibility and access to resources. The ETF's narrow focus on U.S. medical devices allows investors to precisely target this specific sector. While this specialization can be an advantage for those seeking targeted exposure, it also concentrates risk.

Risk Analysis

Volatility

The ETF's volatility is generally moderate, reflecting the stability of the healthcare sector.

Market Risk

The ETF is subject to market risk, as its performance is tied to the overall performance of the stock market and the medical devices sector.

Investor Profile

Ideal Investor Profile

Investors seeking targeted exposure to the U.S. medical devices sector, either for growth or diversification purposes.

Market Risk

Suitable for long-term investors seeking to capitalize on the growth potential of the medical devices industry, as well as those seeking sector-specific exposure within a broader portfolio.

Summary

The iShares U.S. Medical Devices ETF (IHI) provides focused exposure to U.S. companies in the medical device sector. It offers relatively high liquidity, backed by BlackRock's strong reputation and substantial AUM. Investors can use this ETF to target a specific area within healthcare, offering diversification or focused investment opportunities. However, the concentrated sector exposure may lead to increased volatility, and investors should carefully consider the risk-return tradeoff before investing.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • iShares.com
  • ETF.com
  • Morningstar.com
  • finance.yahoo.com

Disclaimers:

The information provided is for informational purposes only and does not constitute financial advice. Investment decisions should be based on individual circumstances and consultation with a qualified financial advisor. Past performance is not indicative of future results. Market share data is approximate and based on available information.

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.