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Upturn AI SWOT - About
iShares U.S. Medical Devices ETF (IHI)
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Upturn Advisory Summary
04/01/2025: IHI (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type ETF | Historic Profit -14.54% | Avg. Invested days 36 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Volume (30-day avg) 742242 | Beta 1.03 | 52 Weeks Range 53.49 - 65.11 | Updated Date 04/2/2025 |
52 Weeks Range 53.49 - 65.11 | Updated Date 04/2/2025 |
Upturn AI SWOT
iShares U.S. Medical Devices ETF
ETF Overview
Overview
The iShares U.S. Medical Devices ETF (IHI) seeks to track the investment results of an index composed of U.S. equities in the medical devices sector, offering targeted exposure to companies that manufacture and distribute medical devices.
Reputation and Reliability
BlackRock is a reputable and reliable issuer with a long track record of managing ETFs.
Management Expertise
BlackRock has extensive expertise in managing ETFs and other investment products.
Investment Objective
Goal
To track the investment results of an index composed of U.S. equities in the medical devices sector.
Investment Approach and Strategy
Strategy: Tracks a market-cap-weighted index of U.S. companies in the medical devices sector.
Composition Primarily holds stocks of companies involved in the manufacture and distribution of medical devices.
Market Position
Market Share: IHI holds a significant portion of the market share dedicated to medical device ETFs.
Total Net Assets (AUM): 6730000000
Competitors
Key Competitors
- XHE
- FTXG
Competitive Landscape
The medical device ETF market is concentrated with IHI holding a dominant position. IHI benefits from BlackRock's brand and established presence, potentially offering higher liquidity and lower tracking error. XHE and FTXG offer alternative weighting methodologies or broader healthcare exposure, potentially appealing to investors seeking different risk-return profiles.
Financial Performance
Historical Performance: Historical performance data should be gathered from reliable financial data sources and presented numerically.
Benchmark Comparison: Benchmark comparison should be gathered from reliable financial data sources and presented numerically.
Expense Ratio: 0.41
Liquidity
Average Trading Volume
The ETF exhibits high liquidity with a significant average daily trading volume.
Bid-Ask Spread
The bid-ask spread is typically tight, indicating efficient trading.
Market Dynamics
Market Environment Factors
Factors include technological advancements in medical devices, regulatory changes, healthcare spending trends, and demographic shifts.
Growth Trajectory
The growth trajectory is influenced by innovation in medical technology, aging populations, and increasing healthcare demand. The ETF's strategy and holdings are periodically reviewed and may be adjusted to reflect these changes.
Moat and Competitive Advantages
Competitive Edge
IHI's competitive advantage stems from its first-mover advantage and established brand within the medical devices ETF market. Its association with BlackRock provides access to extensive resources and a strong distribution network. The fund's high AUM contributes to better liquidity and tighter tracking error. However, other ETFs might offer more diversified holdings or different weighting strategies that could appeal to some investors. The ETF's targeted focus on medical devices offers concentrated exposure to a specific growth area within healthcare.
Risk Analysis
Volatility
Assess the ETFu2019s historical volatility based on standard deviation or beta.
Market Risk
Market risk includes sector-specific risks related to the medical device industry, such as regulatory hurdles, product liability, and technological obsolescence. General market downturns can also negatively impact the ETF's performance.
Investor Profile
Ideal Investor Profile
Investors seeking targeted exposure to the U.S. medical devices sector for growth potential.
Market Risk
Suitable for long-term investors looking for growth in the healthcare sector, and who are willing to accept sector-specific risks.
Summary
The iShares U.S. Medical Devices ETF (IHI) offers targeted exposure to the U.S. medical device industry. With substantial AUM and strong liquidity, it is a dominant player in its niche. The ETF's performance is closely tied to the growth and innovation within the medical device sector. Potential investors should consider the sector-specific risks and its suitability for a long-term growth strategy. BlackRock's solid reputation and management expertise further underpin IHI's standing in the market.
Similar Companies
- XHE
- FTXG
- RYH
Sources and Disclaimers
Data Sources:
- iShares Official Website
- BlackRock Official Website
- Yahoo Finance
- ETFdb.com
- Morningstar
Disclaimers:
The data provided is for informational purposes only and should not be considered financial advice. Investment decisions should be based on individual circumstances and consultation with a financial advisor. Market data is subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About iShares U.S. Medical Devices ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund seeks to track the investment results of the Dow Jones U.S. Select Medical Equipment Index, which measures the performance of the medical equipment sector of the U.S. equity market, as defined by S&P Dow Jones Indices LLC. The index includes medical equipment companies, including manufacturers and distributors of medical devices such as magnetic resonance imaging scanners, prosthetics, pacemakers, X-ray machines, and other non-disposable medical devices. The fund is non-diversified.
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