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iShares U.S. Medical Devices ETF (IHI)

healthcare medical-devices technology

Targeting the medical devices industry, this ETF offers exposure to a high-growth segment of the healthcare sector. It includes companies that manufacture and distribute products ranging from simple syringes to complex robotic surgical systems. The fund provides a way to invest in technological advancements in healthcare and the increasing demand for medical services. Its focus on innovation in patient care could appeal to investors looking for growth potential in a defensive sector.

Key Info

AUM $5.5B
Expense Ratio 0.41%
Inception Date May 1, 2006
Distribution Frequency Quarterly
Weighting Method Market cap
Number of Holdings 65
Tracking Index Dow Jones U.S. Select Medical Equipment Index

See Also

XHE MDIV KMED

Last updated: September 12, 2024