(IHI) U.S. Medical Devices - Overview

ETF Category: Health | Exchange: NYSE ARCA (USA) | Market Cap: 2.992m USD | Total Return: -18% in 12m

Surgical Equipment, Medical Scanners, Prosthetics, Pacemakers, Imaging
Total Rating 27
Safety 56
Buy Signal -0.40
Health
Category Rotation: +12.5
TER: 0.40%
AUM: 2.99B
Avg Turnover: 134M
Risk 3d forecast
Volatility18.1%
VaR 5th Pctl3.31%
VaR vs Median1.64%
Reward TTM
Sharpe Ratio-1.41
Rel. Str. IBD10.7
Rel. Str. Peer Group4.8
Character TTM
Beta0.472
Beta Downside0.545
Hurst Exponent0.511
Drawdowns 3y
Max DD26.64%
CAGR/Max DD-0.07
CAGR/Mean DD-0.26

Warnings

No concerns identified

Tailwinds

No distinct edge detected

Description: IHI U.S. Medical Devices

The iShares U.S. Medical Devices ETF (IHI) tracks the Dow Jones U.S. Select Medical Equipment Index, providing targeted exposure to domestic companies involved in the manufacturing and distribution of medical technology. The fund’s holdings include producers of durable medical equipment such as MRI scanners, pacemakers, X-ray machines, and prosthetic devices.

The medical device sector is characterized by high research and development costs and significant regulatory barriers to entry, which can create competitive moats for established firms. Companies in this space often utilize a recurring revenue model through the sale of specialized consumables and maintenance contracts associated with their proprietary hardware.

Investors can further evaluate these fundamentals by reviewing the detailed analytics available on ValueRay.

As a non-diversified fund, IHI maintains a concentrated portfolio focused strictly on the medical technology industry rather than the broader healthcare sector. This structure allows for precise positioning within a market segment driven by aging demographics and continuous advancements in surgical and diagnostic technology.

Headlines to Watch Out For
  • Elective surgery volume recovery boosts demand for high-margin orthopedic and cardiovascular implants
  • FDA approval cycles and regulatory shifts impact product launch timelines and valuations
  • R&D expenditure and manufacturing costs fluctuate with global supply chain stability
  • Aging demographics in developed markets drive long-term utilization of diagnostic imaging equipment
  • Increased hospital capital expenditure budgets support sales of high-cost medical machinery
What is the price of IHI shares?

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%.

Is IHI a buy, sell or hold?

U.S. Medical Devices has no consensus analysts rating.