iShares U.S. Medical Devices ETF

Frequently Asked Questions About IHI

What does IHI invest in?

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.

What is the expense ratio of IHI?

iShares U.S. Medical Devices ETF (IHI) charges an expense ratio of 0.37%. This is the annual fee deducted from fund assets to cover management and operations.

How big is IHI?

iShares U.S. Medical Devices ETF (IHI) manages $3.61B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is IHI actively managed or an index fund?

IHI is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (IHI's is 0.37%) because there's no security selection cost.

When was IHI launched?

iShares U.S. Medical Devices ETF (IHI) launched in May 2006 and is managed by IShares.

How has IHI performed?

IHI's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.