Ishares Us Healthcare Etf Profile

IHF Etf  USD 54.45  0.43  0.80%   

Performance

7 of 100

 
Low
 
High
OK

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
IShares US is trading at 54.45 as of the 28th of March 2024. This is a 0.80 percent increase since the beginning of the trading day. The etf's lowest day price was 54.25. IShares US has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for IShares US Healthcare are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of March 2023 and ending today, the 28th of March 2024. Click here to learn more.
The index measures the performance of the healthcare providers sector of the U.S. equity market, as defined by SPDJI. US Healthcare is traded on NYSEARCA Exchange in the United States. More on IShares US Healthcare

Moving together with IShares Etf

  0.69XLV Health Care SelectPairCorr
  0.7VHT Vanguard Health CarePairCorr
  0.69IXJ IShares Global HealthcarePairCorr
  0.68IYH IShares US HealthcarePairCorr

Moving against IShares Etf

  0.67BITI ProShares Trust -PairCorr

IShares Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. IShares US's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding IShares US or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic Ideas
(View all Themes)
Business ConcentrationSector ETFs, Health Care ETFs, Health, iShares (View all Sectors)
IssueriShares
Inception Date2006-05-01
BenchmarkDow Jones U.S. Select Healthcare Providers Index
Entity TypeRegulated Investment Company
Asset Under Management841.32 Million
Average Trading Valume72,494.4
Asset TypeEquity
CategorySector
FocusHealth Care
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorCitibank, N.A.
AdvisorBlackRock Fund Advisors
CustodianCitibank, N.A.
DistributorBlackRock Investments, LLC
Portfolio ManagerDiane Hsiung, Jennifer Hsui, Greg Savage, Alan Mason
Transfer AgentCitibank, N.A.
Fiscal Year End31-Mar
ExchangeNYSE Arca, Inc.
Number of Constituents71.0
Market MakerLatour Trading
Total Expense0.39
Management Fee0.39
Country NameUSA
Returns Y T D3.08
NameiShares U.S. Healthcare Providers ETF
Currency CodeUSD
Open FigiBBG000P90P15
In Threey Volatility16.68
1y Volatility11.87
200 Day M A51.3872
50 Day M A53.0244
CodeIHF
Updated At27th of March 2024
Currency NameUS Dollar
IShares US Healthcare [IHF] is traded in USA and was established 2006-05-01. The fund is classified under Health category within iShares family. The entity is thematically classified as Sector ETFs. IShares US Healthcare currently have 1.51 B in assets under management (AUM). , while the total return for the last 3 years was 3.0%.
Check IShares US Probability Of Bankruptcy

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 US Healthcare 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.

Top IShares US Healthcare Etf Constituents

ANTMAnthem IncStockHealthcare Plans
CICigna CorpStockHealth Care
CNCCentene CorpStockHealth Care
CVSCVS Health CorpStockHealth Care
DGXQuest Diagnostics IncorporatedStockHealth Care
ELVElevance HealthStockHealth Care
HCAHCA HoldingsEtfHealth Care
More Details

IShares US Target Price Odds Analysis

In reference to a normal probability distribution, the odds of IShares US jumping above the current price in 90 days from now is roughly 2.15%. The IShares US Healthcare probability density function shows the probability of IShares US etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon IShares US Healthcare has a beta of -0.1245. This usually indicates as returns on benchmark increase, returns on holding IShares US are expected to decrease at a much lower rate. During the bear market, however, IShares US Healthcare is likely to outperform the market. Additionally, iShares US Healthcare has an alpha of 0.0927, implying that it can generate a 0.0927 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 54.45HorizonTargetOdds Above 54.45
97.76%90 days
 54.45 
2.15%
Based on a normal probability distribution, the odds of IShares US to move above the current price in 90 days from now is roughly 2.15 (This IShares US Healthcare probability density function shows the probability of IShares Etf to fall within a particular range of prices over 90 days) .

IShares US Top Holders

CLOIXClough Global LongshortMutual FundLong-Short Equity
CLOVXClough Global LongshortMutual FundLong-Short Equity
LCRLeuthold Core ETFEtfTactical Allocation
More Details

IShares US Healthcare Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. IShares US market risk premium is the additional return an investor will receive from holding IShares US long position in a well-diversified 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 US. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although IShares US's alpha and beta are two of the key measurements used to evaluate IShares US's performance over the market, the standard measures of volatility play an important role as well.

IShares US Against Markets

Picking the right benchmark for IShares US etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in IShares US etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for IShares US is critical whether you are bullish or bearish towards IShares US Healthcare at a given time. Please also check how IShares US's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in IShares US without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy IShares Etf?

Before investing in IShares US, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in IShares US. To buy IShares US etf, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of IShares US. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase IShares US etf. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located IShares US Healthcare etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased IShares US Healthcare etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as IShares US Healthcare, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy IShares Etf please use our How to Invest in IShares US guide.

Already Invested in IShares US Healthcare?

The danger of trading IShares US Healthcare is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of IShares US is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than IShares US. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile IShares US Healthcare is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether IShares US Healthcare offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of IShares US'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 Us Healthcare Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Ishares Us Healthcare Etf:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IShares US Healthcare. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
Note that the IShares US Healthcare information on this page should be used as a complementary analysis to other IShares US's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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When running IShares US's price analysis, check to measure IShares US's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IShares US is operating at the current time. Most of IShares US's value examination focuses on studying past and present price action to predict the probability of IShares US's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IShares US's price. Additionally, you may evaluate how the addition of IShares US to your portfolios can decrease your overall portfolio volatility.
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The market value of IShares US Healthcare 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 US's value that differs from its market value or its book value, called intrinsic value, which is IShares US'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 US's market value can be influenced by many factors that don't directly affect IShares US'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 US's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares US is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares US'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.