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iShares U.S. Medical Devices ETF (IHI)

Health | Exchange Traded Fund | NYSEArca
54.62 USD -0.77 (-1.390%) ⇩ (Aug. 27, 2026, 4 p.m. EDT)
After hours: 54.51 -0.11 (-0.111%) ⇩ (Aug. 27, 2026, 7:30 p.m. EDT)

Short-term:★★★⯪☆Long-term:★★★⯪☆Dividends:★★⯪☆☆
Hot Take | Aug. 22, 2026, 1:11 a.m. EDT

The medical device sector is showing signs of stabilization after a period of underperformance, with the ETF trading near its 50-day moving average and recent price action forming a base above $54. The long-term outlook remains constructive; despite headwinds like pressured consumers and policy uncertainty, the underlying business quality is supported by a nine-year trajectory of strong cumulative gains (+161%) without a recent multi-year decline. The market has rewarded the sector's resilience, though valuations remain elevated at roughly 32x earnings, which caps the immediate upside potential. For income seekers, the yield is negligible at less than half a percent, offering no buffer against volatility. On the short end, the technical setup looks favorable for a continuation of the recent uptrend, with options flow confirming a speculative preference for upside moves over downside protection, making this a moderate-conviction entry for trend followers rather than a deep value play.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.036996
MSTL0.037318
AutoARIMA0.037625
AutoTheta0.063318

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 49%
H-stat 12.47
Ljung-Box p 0.000
Jarque-Bera p 0.271
Excess Kurtosis -0.46
Attribute Value
Trailing P/E 31.71

As of Aug. 22, 2026, 1:11 a.m. EDT: Speculators are positioning for a modest upside move, evidenced by significant open interest walls at $55 and $56 in both calls and puts, acting as a pivot point near current prices. Call volume is notably higher than put volume in the near term, suggesting a bullish bias. However, deep out-of-the-money puts show elevated implied volatility relative to ATM strikes, indicating a hedge against a sharp drop or a 'long gamma' setup where dealers face pressure if the price falls significantly.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.15% 0.43% 0.49% 0.45%
Dividend History
Date Dividend Yield %
2026-06-15 0.075000 0.151057
2026-03-17 0.043000 0.076854
2025-12-16 0.063000 0.101351
2025-09-16 0.061000 0.101077
2025-06-16 0.055000 0.090046
2025-03-18 0.033000 0.055444
2024-12-17 0.107000 0.180135
2024-09-25 0.080000 0.136729
2024-06-11 0.053000 0.094508
2024-03-21 0.031000 0.054082
2023-12-20 0.097000 0.184762
2023-09-26 0.116000 0.240315
2023-06-07 0.053000 0.099251
2023-03-23 0.021000 0.040486
2022-12-13 0.073000 0.134488
2022-09-26 0.110000 0.231530
2022-06-09 0.048000 0.092379
2022-03-24 0.005000 0.008452
2021-12-30 0.006000 0.009059
2021-12-13 0.074000 0.115103
2021-09-24 0.029000 0.043880
2021-06-10 0.050833 0.088252
2021-03-25 0.003667 0.006815
2020-12-14 0.067500 0.128821
2020-09-23 0.033000 0.068709
2020-06-15 0.031667 0.073199
2020-03-25 0.003500 0.010001
2019-12-30 0.006167 0.014050
2019-12-16 0.066500 0.151740
2019-09-24 0.031500 0.076253
2019-06-17 0.042167 0.107789
2018-12-17 0.048833 0.147658
2018-09-26 0.017500 0.046319
2018-06-26 0.018500 0.054855
2018-03-22 0.003167 0.010308
2017-12-19 0.045167 0.154250
2017-09-26 0.031667 0.114390
2017-06-27 0.009000 0.032520
2017-03-24 0.021000 0.083333
2016-12-21 0.062500 0.282741
2016-09-26 0.025833 0.107690
2016-06-21 0.025667 0.116096
2016-03-23 0.007667 0.038421
2015-12-24 0.179000 0.872674
2015-09-25 0.037333 0.197756
2015-06-24 0.030833 0.152475
2015-03-25 0.014167 0.071430
2014-12-29 0.003833 0.020121
2014-12-24 0.042167 0.220808
2014-09-24 0.027000 0.159622
2014-06-24 0.032833 0.193515
2014-03-25 0.016167 0.100416
2013-12-23 0.028833 0.187919
2013-09-24 0.012500 0.089105
2013-06-26 0.009167 0.070488
2012-12-19 0.039167 0.344124
2012-09-25 0.012333 0.107088
2012-06-19 0.014667 0.134231
2012-03-26 0.006000 0.052425
2011-12-22 0.013167 0.135393
2011-09-23 0.007333 0.078011
2011-06-24 0.003833 0.035365
2011-03-25 0.001333 0.012605
2010-12-22 0.005667 0.057089
2010-03-25 0.008000 0.082545
2009-12-23 0.006167 0.069448
2008-12-23 0.006667 0.108289
2006-06-22 0.000167 0.002156
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 0.46

Info Dump

Attribute Value
All Time High 67.29
All Time Low 5.246667
Ask 0.0
Ask Size 2,800
Average Daily Volume10 Day 2,362,570
Average Daily Volume3 Month 2,861,928
Average Volume 2,861,928
Average Volume10Days 2,362,570
Beta3 Year 0.81
Bid 0.0
Bid Size 2,000
Category Health
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 55.26
Day Low 54.605
Dividend Yield 0.46
Eps Trailing Twelve Months 1.7225322
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 52.431
Fifty Day Average Change 2.1889992
Fifty Day Average Change Percent 0.041750096
Fifty Two Week Change Percent -12.115849
Fifty Two Week High 64.71
Fifty Two Week High Change -10.09
Fifty Two Week High Change Percent -0.15592645
Fifty Two Week Low 47.37
Fifty Two Week Low Change 7.25
Fifty Two Week Low Change Percent 0.15305045
Fifty Two Week Range 47.37 - 64.71
First Trade Date Milliseconds 1,146,835,800,000
Five Year Average Return -0.026454698
Full Exchange Name NYSEArca
Fullday Change -0.77
Fullday Change Percent -1.39014
Fullday Price 54.5087
Fund Family iShares
Fund Inception Date 1,146,441,600
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary 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.
Long Name iShares U.S. Medical Devices ETF
Market us_market
Market State PREPRE
Max Age 86,400
Message Board Id finmb_27446899
Nav Price 55.40061
Net Assets 3,254,021,380.0
Net Expense Ratio 0.37
Open 55.0
Phone 415-670-2000
Post Market Change -0.11129761
Post Market Change Percent -0.20376714
Post Market Price 54.5087
Post Market Time 1,787,873,403
Previous Close 55.39
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -0.77
Regular Market Change Percent -1.39014
Regular Market Day High 55.26
Regular Market Day Low 54.605
Regular Market Day Range 54.605 - 55.26
Regular Market Open 55.0
Regular Market Previous Close 55.39
Regular Market Price 54.62
Regular Market Time 1,787,860,800
Regular Market Volume 4,193,742
Short Name iShares U.S. Medical Devices ET
Source Interval 15
Symbol IHI
Three Year Average Return 0.027994001
Total Assets 3,254,021,376
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 31.709131
Trailing Peg Ratio None
Trailing Three Month Nav Returns 2.95686
Trailing Three Month Returns 2.95686
Triggerable 1
Two Hundred Day Average 55.8117
Two Hundred Day Average Change -1.1917
Two Hundred Day Average Change Percent -0.021352153
Type Disp ETF
Volume 4,193,742
Yield 0.0046
Ytd Return -15.35991