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iShares U.S. Medical Devices ETF (IHI)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US4642888105

CUSIP

464288810

Issuer

iShares

Inception Date

May 5, 2006

Region

North America (U.S.)

Leveraged

1x

Index Tracked

Dow Jones U.S. Select Medical Equipment Index

Asset Class

Equity

Asset Class Size

Large-Cap

Asset Class Style

Growth

Expense Ratio

IHI has an expense ratio of 0.43%, placing it in the medium range.


Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart


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Returns By Period

iShares U.S. Medical Devices ETF (IHI) returned 6.63% year-to-date (YTD) and 10.14% over the past 12 months. Over the past 10 years, IHI delivered an annualized return of 12.54%, outperforming the S&P 500 benchmark at 10.79%.


IHI

YTD

6.63%

1M

9.71%

6M

4.86%

1Y

10.14%

5Y*

8.17%

10Y*

12.54%

^GSPC (Benchmark)

YTD

0.60%

1M

9.64%

6M

-0.54%

1Y

11.47%

5Y*

15.67%

10Y*

10.79%

*Annualized

Monthly Returns

The table below presents the monthly returns of IHI, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20259.36%-0.06%-5.51%-0.66%3.95%6.63%
20243.45%1.83%3.12%-6.11%0.95%1.01%-2.03%7.18%0.78%-1.84%5.13%-4.34%8.62%
20232.72%-3.72%3.87%5.17%-6.80%6.81%-0.62%-6.43%-7.40%-6.68%10.76%7.86%3.24%
2022-10.40%0.34%2.98%-9.74%-1.07%-7.25%6.54%-5.97%-6.42%6.42%5.66%-0.77%-19.80%
20211.87%-1.21%0.30%7.28%-2.34%4.41%5.79%3.02%-4.23%4.21%-5.56%6.72%21.04%
20200.11%-8.73%-6.68%14.24%4.30%-1.32%10.68%3.70%-1.34%-0.49%5.05%4.63%24.17%
20197.81%5.00%2.36%-2.91%-1.85%9.22%2.33%1.19%-0.74%0.76%4.32%1.88%32.75%
201810.21%-3.92%0.71%1.82%5.08%1.42%3.80%5.56%3.52%-9.78%5.53%-7.61%15.45%
20176.77%5.13%1.39%4.17%1.94%3.65%-1.29%0.91%0.77%3.29%3.01%-2.22%30.81%
2016-6.11%1.11%5.37%4.96%2.00%3.49%6.16%-0.38%1.53%-7.23%-2.51%1.55%9.30%
20150.40%4.81%1.14%-2.82%2.26%0.31%5.55%-6.07%-6.06%7.13%2.83%0.78%9.69%
20141.03%4.85%0.60%-3.84%3.53%3.91%-0.68%1.02%-2.74%8.02%5.17%0.41%22.72%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of IHI is 65, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of IHI is 6565
Overall Rank
The Sharpe Ratio Rank of IHI is 5555
Sharpe Ratio Rank
The Sortino Ratio Rank of IHI is 6565
Sortino Ratio Rank
The Omega Ratio Rank of IHI is 6565
Omega Ratio Rank
The Calmar Ratio Rank of IHI is 7070
Calmar Ratio Rank
The Martin Ratio Rank of IHI is 7070
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for iShares U.S. Medical Devices ETF (IHI) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

iShares U.S. Medical Devices ETF Sharpe ratios as of May 16, 2025 (values are recalculated daily):

  • 1-Year: 0.56
  • 5-Year: 0.42
  • 10-Year: 0.63
  • All Time: 0.58

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of iShares U.S. Medical Devices ETF compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


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Dividends

Dividend History

iShares U.S. Medical Devices ETF provided a 0.44% dividend yield over the last twelve months, with an annual payout of $0.27 per share.


0.20%0.40%0.60%0.80%1.00%1.20%$0.00$0.05$0.10$0.15$0.20$0.25$0.3020142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
Dividend$0.27$0.27$0.29$0.24$0.16$0.14$0.15$0.09$0.11$0.12$0.26$0.12

Dividend yield

0.44%0.46%0.53%0.45%0.25%0.25%0.33%0.26%0.37%0.55%1.28%0.65%

Monthly Dividends

The table displays the monthly dividend distributions for iShares U.S. Medical Devices ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.00$0.03$0.00$0.00$0.03
2024$0.00$0.00$0.03$0.00$0.00$0.05$0.00$0.00$0.08$0.00$0.00$0.11$0.27
2023$0.00$0.00$0.02$0.00$0.00$0.05$0.00$0.00$0.12$0.00$0.00$0.10$0.29
2022$0.00$0.00$0.01$0.00$0.00$0.05$0.00$0.00$0.11$0.00$0.00$0.07$0.24
2021$0.00$0.00$0.00$0.00$0.00$0.05$0.00$0.00$0.03$0.00$0.00$0.08$0.16
2020$0.00$0.00$0.00$0.00$0.00$0.03$0.00$0.00$0.03$0.00$0.00$0.07$0.14
2019$0.00$0.00$0.00$0.00$0.00$0.04$0.00$0.00$0.03$0.00$0.00$0.07$0.15
2018$0.00$0.00$0.00$0.00$0.00$0.02$0.00$0.00$0.02$0.00$0.00$0.05$0.09
2017$0.00$0.00$0.02$0.00$0.00$0.01$0.00$0.00$0.03$0.00$0.00$0.05$0.11
2016$0.00$0.00$0.01$0.00$0.00$0.03$0.00$0.00$0.03$0.00$0.00$0.06$0.12
2015$0.00$0.00$0.01$0.00$0.00$0.03$0.00$0.00$0.04$0.00$0.00$0.18$0.26
2014$0.02$0.00$0.00$0.03$0.00$0.00$0.03$0.00$0.00$0.05$0.12

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the iShares U.S. Medical Devices ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the iShares U.S. Medical Devices ETF was 49.64%, occurring on Mar 9, 2009. Recovery took 488 trading sessions.

The current iShares U.S. Medical Devices ETF drawdown is 5.80%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-49.64%Aug 18, 2008140Mar 9, 2009488Feb 11, 2011628
-33.25%Jan 23, 202042Mar 23, 202079Jul 15, 2020121
-33.12%Sep 9, 2021539Oct 30, 2023
-21.99%May 20, 2011132Nov 25, 2011204Sep 18, 2012336
-19.23%Oct 2, 201858Dec 24, 201845Mar 1, 2019103

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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