iShares Dow Jones US Medical Devices Index Fund (IHI)
- Equity | Health/Biotechnology Funds
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Best Fit Health/Biotechnology Funds ETFs
U.S. News evaluated 29 Health/Biotechnology Funds ETFs and 14 make our Best Fit list. Our list highlights the best passively managed funds for long-term investors. Rankings are assigned based on comparisons with Best Fit funds in this category.
| Best Fit Scorecard | |
|---|---|
| Costs | Good |
| Tracking Error | Excellent |
| Bid/Ask Ratio | Typical |
| Holdings Diversity | Typical |
Fund Description
The investment seeks to replicate the Dow Jones U.S. Select Medical Equipment Index (the "underlying index"). The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of the medical equipment sector of the U.S. equity market. The underlying index includes medical equipment companies including manufacturers and distributors of medical devices such as magnetic resonance imaging (MRI) scanners, prosthetics, pacemakers, X-ray machines, and other nondisposable medical devices. The fund is non-diversified.
Fund Snapshot Updated 05.16.2013
| Previous Close | $79.27 | Expense Ratio | 0.48% |
| YTD Return | 17.4% | Avg. 30-Day Volume | 69,915 |
| 1-Year Return | 25.7% | Market Cap | Loading... |
| Bid | $79.29 | Shares Outstanding | 4,600,000 |
| Ask | $79.33 | Dividends | $0.40 |
| Top 10 Holdings | |
|---|---|
| Medtronic Inc (MDT) | 10.96% |
| Thermo Fisher Scientific Inc (TMO) | 8.33% |
| Covidien Plc (COV) | 8.08% |
| Stryker Corp (SYK) | 6.32% |
| Intuitive Surgical Inc (ISRG) | 5.86% |
| Zimmer Hldgs Inc (ZMH) | 5.13% |
| St Jude Med Inc (STJ) | 5.11% |
| Boston Scientific Corp (BSX) | 5.04% |
| Waters Corp (WAT) | 3.75% |
| Resmed Inc (RMD) | 3.55% |
| % of Total Holdings | 62.10% |
