IShares Healthcare is trading at 62.12 as of the 30th of November 2024. This is a 0.27 percent increase since the beginning of the trading day. The etf's open price was 61.95. IShares Healthcare has about a 37 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for iShares Healthcare ETF are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund generally will invest at least 80 percent of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. More on iShares Healthcare ETF
Jennifer Hsui, Greg Savage, Paul Whitehead, Amy Whitelaw
Transfer Agent
State Street Bank and Trust Company
Fiscal Year End
30-Apr
Exchange
NYSE Arca, Inc.
Number of Constituents
111
Market Maker
Latour Trading
Total Expense
0.4
Management Fee
0.4
Country Name
USA
Returns Y T D
9.13
Name
iShares U.S. Healthcare ETF
Currency Code
USD
Open Figi
BBG000BXX310
In Threey Volatility
14.79
1y Volatility
12.37
200 Day M A
62.1074
50 Day M A
63.1924
Code
IYH
Updated At
30th of November 2024
Currency Name
US Dollar
iShares Healthcare ETF [IYH] is traded in USA and was established 2000-06-12. The fund is classified under Health category within iShares family. The entity is thematically classified as Sector ETFs. iShares Healthcare ETF currently have 2.92 B in assets under management (AUM). , while the total return for the last 3 years was 4.1%.
Check IShares Healthcare Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on IShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding IShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as iShares Healthcare ETF Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in IShares Healthcare. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether iShares Healthcare ETF offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of IShares Healthcare's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ishares Healthcare Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Ishares Healthcare Etf:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iShares Healthcare ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
The market value of iShares Healthcare ETF is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares Healthcare's value that differs from its market value or its book value, called intrinsic value, which is IShares Healthcare's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IShares Healthcare's market value can be influenced by many factors that don't directly affect IShares Healthcare's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IShares Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Healthcare's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.