IHI

iShares U.S. Medical Devices ETF

iShares US Dow Jones Medical Equipment Index seeks investment results that correspond generally to the price and yield performance of the Dow Jones US Select Medical Equipment Index.


Passive, Concentrated

MANAGEMENT MATRIX

XHE

CLOSEST COMP

FACTOR SCORECARD

SIZE
VALUE
YIELD
MOMENTUM
VOLATILITY
QUALITY
Fund Basics
Fund sponsorBarclays Global Fund Advisors
CategoryUS Equities
Asset classEquity
Websitelink...
Inception dateMay 01, 2006
Assets (mns)$5,760
Expense ratio40 bp
CurrencyUSD
Sector Breakdown
Fund Structure
RegulationOpen-Ended Fund
DistributionsQuarterly
Taxation1099
Stock selectionMarket Cap
WeightingMarket Cap
Holdings TransparencyFull
Derivatives-basedNo
Options availableYes
Currency hedgedNo
Fund of fundsNo
Top 10 Holdings Complete list  + 
ABBOTT LABORATORIES 16.7 %
INTUITIVE SURGICAL INC 12.1 %
STRYKER CORP 10.4 %
MEDTRONIC PLC 5.0 %
EDWARDS LIFESCIENCES CORP 4.8 %
BECTON DICKINSON AND CO 4.8 %
BOSTON SCIENTIFIC CORP 4.6 %
DEXCOM INC 4.5 %
GE HEALTHCARE TECHNOLOGIES INC. 4.4 %
IDEXX LABORATORIES INC 4.3 %
Constituent Breakdown
Number of holdings52
Herfindahl-Hirschman Index 739
Wgt avg mkt cap (mns)$94,155
Large cap (>$10bn)89.2%
Mid cap ($2-10bn)8.9%
Small cap (<$2bn)1.9%
Developed mkts.100.0%
Emerging mkts.0.0%
Country Exposure
UNITED STATES 91.4 %
IRELAND 7.8 %
BRITAIN 0.5 %
Historical Performance


Standardized Annual Returns (as of 02/29/2024)
YTD1 YR2 YR3 YR5 YR10 YRIncep.
0.0% 4.7% -3.9% -0.1% 7.9% 13.3% 11.9%
Market Correlations
versus...BetaR-squared
S&P 5000.9974%
MSCI EAFE1.0273%
MSCI Emg Mkts0.6632%
Liquidity Measures
Avg. volume (000)1,239
Turnover1.3%
Avg. Bid/Ask (% of price)0.02%
ADV of underlying (mns)$6,242
Technical Indicators
Recent close$58.51
30d moving avg.$49.43
Annualized volatility20.6%
Relative strength (RSI)72
Short interest (ETF)2.1%
Short interest (underlying)1.6%
Distributions
Assets Under Management (mns)

Money Flows (mns)

Short Interest (as % of shares outstanding)

Long Money Flows (mns)

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Risk and Returns: IHI vs. Comps (1 YR)

Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.

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Results & Estimates
  2019 2020 2021 2022 2023 2024E 2025E  
Sales per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Earnings per share -- -- -- -- -- -- --
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Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates

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Valuation Metrics
  2023 2024E Fwd Est 2025E
Price-to-sales --x --x --x --x
Price-to-earnings --x --x --x --x
Price-to-cash flow --x --x --x --x
Price-to-growth --x --x --x --x
Price-to-book value --x --x --x --x
Yield --% --% --x --%
4.5 27.5 3.8 0.9% --
Based on closing prices from 3/27/2024
Historical Valuation Trends Sample data. Subscribe for access.

SHOWING:
Price-to-Earnings
IHI



Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.

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ETF Research Center Fund Rating

Our measure of an ETF's overall investment merit

ALTAR Score™

IHI

3.6%

Cat. Avg

5.6%

Fund Category: US Equities

Avg. Return on Equity--%
Divided by: Fwd. P/BV--x
Less: Expenses-- bp
Equals: ALTAR Score™3.6%
Recommendation

UNDERWEIGHT

Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

Category Overview
There are 882 funds in the US Equities category, with an average ALTAR Score™ of 5.6% and a standard deviation of 2.7%. IHI's ALTAR Score™ is approximately 0.7 standard deviations below the category average. This places IHI in the 23rd percentile among funds in the category.
Consensus Recommendation

Sell-side recommendations on the ETF's individual constituents

Composite
IHI
Peer Average
SELL
U/W
HOLD
O/W
BUY



Recent Trends


Breakdown

 

Market Activity
Latest price
Change
Volume
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Today's Trading

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Total Cost of Ownership (TCO) Comparison
Expense (bp)
(A)
Avg. Bid/Ask (bp)
(B)
TCO (bp)
(A)+(B)
IHI 40.0 2.2 42.2
Peer Avg. -- -- --
  For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .
Fundamental data for individual fund constituents sourced from FactSet Research Systems.