(IHI) U.S. Medical Devices - Overview
ETF Category: Health | Exchange: NYSE (USA) | Market Cap: 2.992m USD | Total Return: -18% in 12m
Avg Turnover: 134M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
The iShares U.S. Medical Devices ETF (IHI) tracks the Dow Jones U.S. Select Medical Equipment Index, providing exposure to domestic companies involved in the manufacturing and distribution of medical technology. The portfolio focuses on non-disposable hardware, including diagnostic imaging systems, cardiovascular implants, and orthopedic prosthetics.
The medical device sector typically operates on a high-margin business model driven by intellectual property and long-term research and development cycles. Revenue in this industry is often supported by recurring sales of associated consumables and service contracts for installed equipment bases.
Investors can further evaluate the fundamental metrics of these holdings by visiting ValueRay. Since its inception in 2006, IHI has functioned as a non-diversified fund, concentrating its capital in a specific sub-sector of the broader healthcare market.
- Elective procedure volumes drive demand for high-margin surgical equipment
- GLP-1 drug adoption impacts long-term demand for cardiovascular and diabetes devices
- FDA clearance cycles and regulatory hurdles dictate product launch timelines
- R&D investment and M&A activity drive consolidation among top holdings
As of June 08, 2026, the stock is trading at USD 50.08 with a total of 2,696,477 shares traded.
Over the past week, the price has changed by +2.29%,
over one month by +0.16%,
over three months by -12.59% and
over the past year by -17.99%.
U.S. Medical Devices has no consensus analysts rating.