PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
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 features an expense ratio of 0.43%, falling within the medium range.


Expense ratio chart for IHI: current value at 0.43% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.43%

Share Price Chart


Loading data...

Compare to other instruments

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


Popular comparisons:
IHI vs. VHT IHI vs. XLV IHI vs. FHLC IHI vs. SPY IHI vs. IXJ IHI vs. IHF IHI vs. VOO IHI vs. SPMO IHI vs. SPD IHI vs. SCHD
Popular comparisons:
IHI vs. VHT IHI vs. XLV IHI vs. FHLC IHI vs. SPY IHI vs. IXJ IHI vs. IHF IHI vs. VOO IHI vs. SPMO IHI vs. SPD IHI vs. SCHD

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.


300.00%400.00%500.00%600.00%700.00%JulyAugustSeptemberOctoberNovemberDecember
662.63%
347.35%
IHI (iShares U.S. Medical Devices ETF)
Benchmark (^GSPC)

Returns By Period

iShares U.S. Medical Devices ETF had a return of 9.47% year-to-date (YTD) and 10.35% in the last 12 months. Over the past 10 years, iShares U.S. Medical Devices ETF had an annualized return of 12.54%, outperforming the S&P 500 benchmark which had an annualized return of 11.06%.


IHI

YTD

9.47%

1M

-1.72%

6M

4.64%

1Y

10.35%

5Y*

6.42%

10Y*

12.54%

^GSPC (Benchmark)

YTD

24.34%

1M

0.23%

6M

8.53%

1Y

24.95%

5Y*

13.01%

10Y*

11.06%

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
20243.45%1.83%3.12%-6.11%0.95%1.01%-2.03%7.18%0.78%-1.84%5.13%9.47%
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%21.03%
20200.11%-8.73%-6.68%14.24%4.30%-1.32%10.68%3.70%-1.34%-0.49%5.05%4.63%24.18%
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%1.43%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%
20139.78%-0.26%3.39%-1.14%4.59%-0.69%5.54%-3.16%5.61%5.57%2.36%1.60%37.77%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of IHI is 45, 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 4545
Overall Rank
The Sharpe Ratio Rank of IHI is 4848
Sharpe Ratio Rank
The Sortino Ratio Rank of IHI is 4747
Sortino Ratio Rank
The Omega Ratio Rank of IHI is 4747
Omega Ratio Rank
The Calmar Ratio Rank of IHI is 3838
Calmar Ratio Rank
The Martin Ratio Rank of IHI is 4747
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.


Sharpe ratio
The chart of Sharpe ratio for IHI, currently valued at 0.88, compared to the broader market0.002.004.000.882.10
The chart of Sortino ratio for IHI, currently valued at 1.30, compared to the broader market-2.000.002.004.006.008.0010.001.302.80
The chart of Omega ratio for IHI, currently valued at 1.16, compared to the broader market0.501.001.502.002.503.001.161.39
The chart of Calmar ratio for IHI, currently valued at 0.61, compared to the broader market0.005.0010.0015.000.613.09
The chart of Martin ratio for IHI, currently valued at 3.88, compared to the broader market0.0020.0040.0060.0080.00100.003.8813.49
IHI
^GSPC

The current iShares U.S. Medical Devices ETF Sharpe ratio is 0.88. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of iShares U.S. Medical Devices ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio0.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
0.88
2.10
IHI (iShares U.S. Medical Devices ETF)
Benchmark (^GSPC)

Dividends

Dividend History

iShares U.S. Medical Devices ETF provided a 0.46% dividend yield over the last twelve months, with an annual payout of $0.27 per share. The fund has been increasing its distributions for 3 consecutive years.


0.20%0.40%0.60%0.80%1.00%1.20%$0.00$0.05$0.10$0.15$0.20$0.25$0.3020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.27$0.29$0.24$0.16$0.14$0.15$0.09$0.11$0.12$0.26$0.12$0.05

Dividend yield

0.46%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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
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$0.00$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.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-10.96%
-2.62%
IHI (iShares U.S. Medical Devices ETF)
Benchmark (^GSPC)

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 10.96%.


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 current iShares U.S. Medical Devices ETF volatility is 3.68%, 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.


2.00%3.00%4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember
3.68%
3.79%
IHI (iShares U.S. Medical Devices ETF)
Benchmark (^GSPC)
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab