iShares U.S. Medical Devices ETF (IHI)
IHI is a passive ETF by iShares tracking the investment results of the Dow Jones U.S. Select Medical Equipment Index. IHI launched on May 5, 2006 and has a 0.43% expense ratio.
ETF Info
US4642888105
464288810
May 5, 2006
North America (U.S.)
1x
Dow Jones U.S. Select Medical Equipment Index
Large-Cap
Growth
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in iShares U.S. Medical Devices ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
iShares U.S. Medical Devices ETF had a return of 11.40% year-to-date (YTD) and 21.16% in the last 12 months. Over the past 10 years, iShares U.S. Medical Devices ETF had an annualized return of 13.08%, outperforming the S&P 500 benchmark which had an annualized return of 11.13%.
IHI
11.40%
0.37%
6.16%
21.16%
7.61%
13.08%
^GSPC (Benchmark)
24.05%
1.08%
11.50%
30.38%
13.77%
11.13%
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 3.45% | 1.83% | 3.12% | -6.11% | 0.95% | 1.01% | -2.03% | 7.18% | 0.78% | -1.84% | 11.40% | ||
| 2023 | 2.72% | -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% |
| 2021 | 1.87% | -1.21% | 0.30% | 7.28% | -2.34% | 4.41% | 5.79% | 3.02% | -4.23% | 4.21% | -5.56% | 6.72% | 21.03% |
| 2020 | 0.11% | -8.73% | -6.68% | 14.24% | 4.30% | -1.32% | 10.68% | 3.70% | -1.34% | -0.49% | 5.05% | 4.63% | 24.17% |
| 2019 | 7.81% | 5.00% | 2.36% | -2.91% | -1.85% | 9.22% | 2.33% | 1.19% | -0.74% | 0.76% | 4.32% | 1.88% | 32.75% |
| 2018 | 10.21% | -3.92% | 0.71% | 1.82% | 5.08% | 1.43% | 3.80% | 5.56% | 3.52% | -9.78% | 5.53% | -7.61% | 15.45% |
| 2017 | 6.77% | 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% |
| 2015 | 0.40% | 4.81% | 1.14% | -2.82% | 2.26% | 0.31% | 5.55% | -6.07% | -6.06% | 7.13% | 2.83% | 0.78% | 9.69% |
| 2014 | 1.03% | 4.85% | 0.60% | -3.84% | 3.53% | 3.91% | -0.68% | 1.02% | -2.74% | 8.02% | 5.17% | 0.41% | 22.72% |
| 2013 | 9.78% | -0.26% | 3.39% | -1.14% | 4.59% | -0.69% | 5.54% | -3.16% | 5.61% | 5.57% | 2.36% | 1.60% | 37.77% |
Expense Ratio
IHI features an expense ratio of 0.43%, falling within the medium range.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of IHI is 49, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
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.
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 $0.26 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.26 | $0.29 | $0.24 | $0.16 | $0.14 | $0.15 | $0.09 | $0.11 | $0.12 | $0.26 | $0.12 | $0.05 |
Dividend yield | 0.44% | 0.53% | 0.45% | 0.25% | 0.25% | 0.33% | 0.26% | 0.37% | 0.55% | 1.28% | 0.65% | 0.33% |
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.16 | |
| 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 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.05 | $0.12 |
| 2013 | $0.01 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.03 | $0.05 |
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.
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 9.40%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -49.64% | Aug 18, 2008 | 140 | Mar 9, 2009 | 488 | Feb 11, 2011 | 628 |
| -33.25% | Jan 23, 2020 | 42 | Mar 23, 2020 | 79 | Jul 15, 2020 | 121 |
| -33.12% | Sep 9, 2021 | 539 | Oct 30, 2023 | — | — | — |
| -21.99% | May 20, 2011 | 132 | Nov 25, 2011 | 204 | Sep 18, 2012 | 336 |
| -19.23% | Oct 2, 2018 | 58 | Dec 24, 2018 | 45 | Mar 1, 2019 | 103 |
Volatility
Volatility Chart
The current iShares U.S. Medical Devices ETF volatility is 3.42%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.