iShares U.S. Medical Devices ETF (IHI)

NYSEARCA: IHI · Real-Time Price · USD
64.36
+0.03 (0.05%)
Nov 28, 2025, 1:00 PM EST - Market closed
0.05%
Assets$4.35B
Expense Ratio0.38%
PE Ratio28.57
Shares Out67.45M
Dividend (ttm)$0.26
Dividend Yield0.40%
Ex-Dividend DateSep 16, 2025
Payout FrequencyQuarterly
Payout Ratio11.39%
Volume283,109
Open64.29
Previous Close64.33
Day's Range64.12 - 64.47
52-Week Low52.91
52-Week High65.18
Beta0.94
Holdings54
Inception DateMay 1, 2006

About IHI

Fund Home Page

The iShares U.S. Medical Devices ETF (IHI) is an exchange-traded fund that is based on the DJ US Select / Medical Equipment index, a market-cap-weighted index of manufacturers and distributors of medical devices in the US. IHI was launched on May 1, 2006 and is issued by BlackRock.

Asset Class Equity
Category Health
Region North America
Stock Exchange NYSEARCA
Ticker Symbol IHI
ETF Provider BlackRock
Index Tracked DJ US Select / Medical Equipment

Top 10 Holdings

76.27% of assets
NameSymbolWeight
Abbott LaboratoriesABT17.34%
Intuitive Surgical, Inc.ISRG15.96%
Boston Scientific CorporationBSX11.60%
IDEXX Laboratories, Inc.IDXX5.06%
Medtronic plcMDT4.85%
Edwards Lifesciences CorporationEW4.73%
Becton, Dickinson and CompanyBDX4.39%
GE HealthCare Technologies Inc.GEHC4.16%
Stryker CorporationSYK4.15%
ResMed Inc.RMD4.02%
View More Holdings

Dividends

Ex-DividendAmountPay Date
Sep 16, 2025$0.06088Sep 19, 2025
Jun 16, 2025$0.05535Jun 20, 2025
Mar 18, 2025$0.03299Mar 21, 2025
Dec 17, 2024$0.10733Dec 20, 2024
Sep 25, 2024$0.07966Sep 30, 2024
Jun 11, 2024$0.05294Jun 17, 2024
Full Dividend History

Performance

IHI had a total return of 6.05% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.52%.

News

Investing In Health Stocks - How Policy Clarity Is Opening Doors

The healthcare sector has experienced one of its most significant de-ratings in 35 years, with valuations now at a 30% discount to the broader market. Healthcare trades at historical valuation discoun...

17 days ago - Seeking Alpha

IHI: Medical Device ETF Continues To Lag, No Momentum In Sight

iShares U.S. Medical Devices ETF continues to underperform the S&P 500, hitting multi-year relative lows since 2012. IHI's valuation remains elevated with a P/E above 25x and a high PEG ratio, while e...

2 months ago - Seeking Alpha

IHI: Strong Industry Trends, But Valuation Too High

iShares U.S. Medical Devices ETF offers targeted exposure to U.S. medical device leaders, benefiting from demographic shifts and innovation, but is highly concentrated in top holdings. Current valuati...

5 months ago - Seeking Alpha

Healthcare Sector Checkup As U.S. Looks To Change Regulations

Outlook for pharma sector as Trump pushes for regulatory changes. The impact of tariffs on drugmakers.

6 months ago - Seeking Alpha

IHI Raw Analysis: No Active Return In Sight

IHI's strategy provides exposure to the medical devices industry via a representative index sampling method. Here, I illustrate the fund has added zero risk-adjusted active return above the SPY these ...

9 months ago - Seeking Alpha

Healthcare Stocks Avoid Tariff Damage. There Are Other Problems.

The threat of cuts to Medicaid, plus uncertainty over what the confirmation of Robert F. Kennedy Jr. to lead the U.S. health bureaucracy will mean for the sector, have weighed on the stocks.

Other symbols: XLV
9 months ago - Barrons

Seeking Stocks With Vitality In The Volatile Healthcare Sector

Investors cooled to the healthcare sector in 2024, which dramatically trailed global and US equity markets for the year. any investors are now asking: how will the policy changes under a new US admini...

9 months ago - Seeking Alpha

Health care bounce is starting to brew, says Strategas' Chris Verrone

Chris Verrone, Strategas head of technical and macro research, joins 'Closing Bell' to discuss the bullish technical signs he's seeing.

Other symbols: XLV
11 months ago - CNBC Television

IHI: Multiples Have Climbed Despite Stubborn Rates

iShares U.S. Medical Devices ETF has stocks that are still dealing with tough comps from COVID-19, though those pressures are vanishing now. IHI multiples remain really high, which is a bit of a conce...

11 months ago - Seeking Alpha

Can You Lose Money Investing in ETFs? 3 Things to Know.

An ETF is a basket of securities bundled together into a single investment. ETFs can be a safer and less research-intensive way to invest in the stock market.

Other symbols: VHTVOO
1 year ago - The Motley Fool

Final Trades: CME Group, Chubb, Berkshire Hathaway and the IHI

The Investment Committee give you their top stocks to watch for the second half.

Other symbols: CBCME
1 year ago - CNBC Television

IHI: A Pricey P/E But Bullish Chart Setup

Health Care sector at 52-week highs, led by Eli Lilly. Hold rating on iShares U.S. Medical Devices ETF (IHI) due to high valuation and secular headwinds. IHI has strong chart setup but high valuation,...

1 year ago - Seeking Alpha

IHI: Despite Steady Returns At Current Prices, ETF Is Fairly Valued

iShares U.S. Medical Devices ETF has underperformed in recent times. The healthcare sector is considered defensive, but medical devices may still be sensitive to economic downturns. IHI's present valu...

1 year ago - Seeking Alpha

IHI Appoints Susan Ehrlich, CEO of Zuckerberg San Francisco General, to its Board of Directors

BOSTON--(BUSINESS WIRE)-- #IHIForum--The Institute for Healthcare Improvement (IHI) has announced that Susan Ehrlich, MD, MPP, has joined its Board of Directors.

1 year ago - Business Wire

IHI Lucian Leape Institute Releases Artificial Intelligence (AI) Recommendations for Patient Safety and Health System Leaders

BOSTON & ORLANDO, Fla.--(BUSINESS WIRE)-- #IHIForum--The IHI Lucian Leape Institute (LLI) today released, “Patient Safety and Artificial Intelligence: Opportunities and Challenges for Care Delivery.”.

1 year ago - Business Wire

IHI and The DAISY Foundation™ Honor Extraordinary Nurses in Patient Safety

BOSTON--(BUSINESS WIRE)-- #daisyaward--The Institute for Healthcare Improvement (IHI) and The DAISY Foundation have announced the recipients of the 10th annual DAISY Award®.

1 year ago - Business Wire

IHI Launches First Collaborative to Accelerate System-Wide Spread of Age-Friendly Care for Older Adults

BOSTON--(BUSINESS WIRE)-- #AFHS--The Institute for Healthcare Improvement has launched an Age-Friendly System-Wide Spread Collaborative, engaging 30 health systems across the US.

1 year ago - Business Wire

IHI: Technological Advances Will Continue Carrying This High-Performing Medical ETF

iShares U.S. Medical Devices ETF has demonstrated the greatest long-term performance among peer funds and is uniquely postured for growth looking forward given its mix of top holdings. Abbott Laborato...

1 year ago - Seeking Alpha

IHI: High Valuation But Growing Healthcare Play

Investing in medical device stocks can be a compelling option due to the growing industry, high demand, and technological advancements. The iShares U.S. Medical Devices ETF provides broad exposure to ...

2 years ago - Seeking Alpha

3 Thematic Growth ETFs to Load Up on Right Now

Thematic exchange-traded funds have become extremely popular investing vehicles. These three growth-oriented thematic ETFs stand out as superb buys right now.

Other symbols: SMHXBI
2 years ago - The Motley Fool

IHI: Nibbling Again On Attractive Healthcare Sector Valuation

The healthcare sector has underperformed but shows signs of improvement. Non-pharma industries may offer better value in the long term.

2 years ago - Seeking Alpha

MedTech Earnings in the Age of Ozempic May Not Be That Bad

September-quarter earnings among medical-device makers may prove better than expected in the age of weight-loss drugs.

2 years ago - Barrons

The FDA Crash - Are Regulations Killing The Bull Case For Medical Devices And IHI?

FDA announcement of the creation of a Digital Health Advisory Committee causes a 7.2% decline in the iShares U.S. Medical Devices ETF. Digital health industry shows immense potential, driven by consum...

2 years ago - Seeking Alpha

IHI: Too Expensive Considering Long-Term Rate Uncertainty

It appears that the performance of iShares U.S. Medical Devices ETF isn't taking into account any expectations of long-term rates in bond markets. Long-term rates have an outsized impact on stocks who...

2 years ago - Seeking Alpha

Worried About U.S.-China Relations? Buy These 2 ETFs.

Risk-averse investors can diversify with exchange-traded funds that focus on U.S. stocks. Government spending on defense makes the iShares U.S. Aerospace and Defense ETF an ideal option for long-term ...

Other symbols: ITA
2 years ago - The Motley Fool

IHI: Larger Healthcare Equipment Companies Are At An Advantage

The top 10 companies of IHI account for a large majority of 71% of its total holdings and have a slightly stronger outlook this year supported by stronger average management guidance. The top IHI comp...

2 years ago - Seeking Alpha

IHI: Valuation Still Rich Despite The Decline In 2022

IHI invests in large-cap medical devices stocks in the United States. The fund has a long run way of growth thanks to long-term growth trends in the medical devices industry.

2 years ago - Seeking Alpha

The Fall Of SVB: What It Means For Healthcare Startups

How SVB's collapse is impacting healthcare startups. Pfizer to buy Seagen for $43B.

Other symbols: BBCBBHFBTIBBIHEIHFIYH
2 years ago - Seeking Alpha

2 Market-Beating ETFs to Buy Before the Bull Run

The stock market may look gloomy today, but it may not be long before a big rally takes place. Investing in exchange-traded funds with promising growth prospects can make good sense.

Other symbols: TAN
2 years ago - The Motley Fool

Can Health Care Stocks Outperform Again In 2023?

How a recession could impact health care stocks in 2023. As Covid continues, what it could mean for the health care sector.

3 years ago - Seeking Alpha

IHI Is Just So Expensive

Something about medical devices seems to encourage huge premiums on the multiples. Thermo Fisher and Abbott Labs are still dealing with the substantial come-down of their COVID-19 supported revenue.

3 years ago - Seeking Alpha

IHI Forum Convenes With Call to Action for a System-Wide Approach to Health Equity

BOSTON & ORLANDO, Fla.--(BUSINESS WIRE)--Dr. Kedar Mate, President and CEO of the Institute for Healthcare Improvement (IHI), kicked-off the IHI Forum 2022 today by calling for collective action to ...

3 years ago - Business Wire

IYH And IHI ETFs: These 2 Healthcare/Medical Funds Compliment Each Other

The iShares U.S. Healthcare ETF (IYH) seeks to track the investment results of the Russell 1000 Health Care RIC 22.5/45 Capped Index composed of U.S. equities. The iShares U.S. Medical Devices ETF (IH...

Other symbols: IYH
3 years ago - Seeking Alpha

What The Inflation Reduction Act Means For Drug Prices

The recently enacted Inflation Reduction Act looks to rein in prescription drug prices and could impact the pharma industry's long-term financial performance. The legislation caps out-of-pocket costs ...

Other symbols: BBCBBHIBBIHEIHFIYHPBE
3 years ago - Seeking Alpha

IHI Can Boast Of Secular Growth, But Abbott Hinders Resilience

Thinking more about ETF options for the pandemic, one might consider something like medical devices. Medical devices often have interesting economics, namely high barriers to entry once MDs become com...

3 years ago - Seeking Alpha

When the Market Recovers, You'll Want to Own These 2 Healthcare ETFs

Diseases evolve, accidents happen, the overall population is aging -- and the demand for treatment, services, and insurance is growing.

Other symbols: VHT
3 years ago - The Motley Fool

IHI: Poor Price Performance May Be Temporary

Healthcare equipment and Medical Devices sector stood out during the covid-19 pandemic crisis and delivered strong returns over the medium and long term. Stocks from healthcare equipment and Medical D...

3 years ago - Seeking Alpha

3 Top Healthcare ETFs to Buy Now and Hold for the Long Haul

Risk-averse investors have an alternative to individual stocks during a volatile market.

Other symbols: IHFVHT
3 years ago - The Motley Fool

IHI: A Standout Performer With Equally Strong Future Growth Prospects

IHI is one of the rare healthcare ETF to outperform S&P 500.

4 years ago - Seeking Alpha

IHI: Medical Device Stocks Are Probably Overvalued

IHI recently saw significant inflows. However, while IHI is finding some recent support near all-time highs, I think the positive sentiment has some room to unwind.

4 years ago - Seeking Alpha

iShares U.S. Medical Devices ETF: Oh My, How I Relish Outperformance

Companies in the medical device field tend to have more stable revenues, less exposure to patent expiration issues, and usually smaller in size than those found in the pharmaceutical segment. Accordin...

4 years ago - Seeking Alpha

Final Trades: PFE, IHI, YOU & FL

The traders with their final trades of the week. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Karen Finerman, Steve Grasso and Nadine Terman.

Other symbols: FLPFEYOU
4 years ago - CNBC Television

IHI: This iShares ETF Targets The Medical Devices Market

Unlike Health Care sector ETFs, the iShares U.S. Medical Devices ETF only invests in companies that supply the medical device segment.

4 years ago - Seeking Alpha

IHI: Bright Future Despite Recent Softness

IHI is a $7.5 billion fund that tracks the market cap-weighted Dow Jones U.S. Select Medical Equipment Index. As of June 9, the fund had 63 holdings, three of which accounted for over 35% of the NAV w...

4 years ago - Seeking Alpha

This Medical Device Company Just Got a Big Boost

If you like good news and support from experts, this one's for you.

Other symbols: PEN
4 years ago - The Motley Fool

1 Healthcare ETF Proven To Strengthen Your Portfolio

Some investors prefer minimizing the risk of predicting a winner by owning a bunch of healthy players.

5 years ago - The Motley Fool

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