New

Keep tabs on your favorite ETFs with a personalized weekly tracker. Create a Watchlist now →

Advertisement
ETF Central logo
Advertisement

IHIvsFBTETF Comparison

ETF 1
IHI

iShares U.S. Medical Devices ETF

This fund is part of
US Health Care
-2%
Full IHI fund page
VS
ETF 2
FBT

First Trust NYSE Arca Biotechnology Index Fund ETF

This fund is part of
US Health Care
-2%
Full FBT fund page

iShares U.S. Medical Devices ETF (IHI) and First Trust NYSE Arca Biotechnology Index Fund ETF (FBT) belong to the same industry segment: US Health Care. Both ETFs have the same top 3 sector exposures: and Health Care. IHI is less expensive with a Total Expense Ratio (TER) of 0.38%, versus 0.54% for FBT. IHI is down -11.53% year-to-date (YTD) with -$312M in YTD flows. FBT performs better with -5.96% YTD performance, and +$1.10B in YTD flows. Run a side-by-side ETF comparison of IHI and FBT below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

Find out how industry players manage ETF portfolios.  Discover our library of Model portfolios

IHI vs FBT performance and flow charts

Performance

-6.0-4.0-2.00.02.04.06.0%Feb 12Feb 20Feb 27Mar 6

Cumulative Flows

-150 M-100 M-50 M0 MFeb 12Feb 20Feb 27Mar 6

Get all the metrics on this page, and more, through a reliable ETF data feed

Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 03/12/2026
1M3MYTD1Y3Y5Y
Perf.
IHI
FBT
-4.11%-5.58%
-11.52%-7.34%
-11.53%-5.96%
-7.06%+15.04%
+9.22%+29.35%
+3.63%+20.07%
Flows
IHI
FBT
-$136M+$11M
-$422M+$1.10B
-$312M+$1.10B
-$1.18B+$1.09B
-$2.95B+$639M
-$5.01B+$246M
Volatility and drawdown
3M1Y3Y5Y
Volatility
IHI
FBT
+15.63%+22.00%
+18.93%+24.20%
+16.67%+19.85%
+18.77%+21.81%
Max drawdown
IHI
FBT
-14.63%-12.74%
-14.66%-14.81%
-22.87%-19.92%
-33.07%-29.98%
Max drawdown duration
IHI
FBT
65d49d
107d148d
210d237d
1646d1243d
Trading data

Create an account to view trading data

Join for free
IHI
FBT
Last sale
3/13/2026 at 1:30 PM
$54.67
$192.69
Previous close
03/12/2026
$54.97
$193.57
Consolidated volume
03/12/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of February 27, 2026
1-year trailing difference

Create an account to view replication metrics

Join for free

Create an account to view replication quality

Join for free
IHI
FBT
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
Advertisement
Main metrics
Last update 3/13/2026 at 1:30 PM
Live
Closed
IHI
FBT
Last price
$54.67
$192.69
1D performance
-0.55%
-0.46%
AuM$3.29 B$2.22 B
E/R0.38%0.54%
Characteristics
IHI
FBT
Management strategyPassivePassive
ProvideriSharesFirst Trust
BenchmarkDow Jones U.S. Select Medical Equipment IndexNYSE Arca Biotechnology Index
N° of holdings4628
Asset classEquitiesEquities
Trailing 12m distribution yield
Join
Join
Inception dateMay 1, 2006June 19, 2006
ESGNoNo
Advertisement
Exposure

Countries

IHI
USA
91.42%
Ireland
7.89%
Other
0.69%
FBT
USA
96.12%
Other
3.88%

Sectors

IHI
Health Care
95.34%
Other
4.66%
FBT
Health Care
89.8%
Other
10.2%
Advertisement

Diversification

IHI

Total weight of top 15 holdings out of 15

87.61%
FBT

Total weight of top 15 holdings out of 15

53.69%

Top 15 holdings

Data as of January 31, 2026
IHI
ABBOTT LABS
15.51%
INTUITIVE SURGICAL
15.12%
BOSTON SCIENTIFIC
11.50%
BECTON DICKINSON AND CO
4.76%
MEDTRONIC PLC
4.71%
STRYKER
4.71%
RESMED
4.66%
EDWARDS LIFESCIENCES
4.56%
IDEXX LABORATORIES
4.53%
US36266G1076
4.38%
DEXCOM
3.58%
STERIS
3.18%
INSULET
2.22%
ZIMMER BIOMET HOLDINGS INC
2.11%
HOLOGIC
2.07%
FBT
MODERNA INC
4.31%
GILEAD SCIENCES
3.93%
ALKERMES
3.83%
BIONTECH SE ADR
3.82%
KRYSTAL BIOTECH INC
3.58%
US04016X1019
3.58%
CORCEPT THERAPEUTICS
3.56%
AMGEN-T
3.51%
ILLUMINA
3.44%
VERTEX PHARMACEUTICALS
3.40%
US07725L1026
3.38%
NEUROCRINE BIOSCIENCES
3.36%
EXACT SCIENCES
3.36%
HALOZYME THERAPEUTICS
3.32%
NATERA
3.31%
Frequently asked questions about IHI and FBT

How have the IHI and FBT ETFs performed in 2026?

As of March 12, 2026, IHI is down -11.53% year-to-date (YTD), while FBT has lost -5.96%. That puts FBT better performer ahead so far this year.

Which ETF is attracting more investor money: IHI or FBT?

Year-to-date, the IHI ETF saw -$312M in flows, compared to +$1.10B for FBT.

Which ETF is more volatile: IHI or FBT?

Over the past year, IHI had a volatility of 18.93%, while FBT experienced 24.2%.

Which ETF is bigger: IHI or FBT?

As of March 12, 2026, IHI holds $3.29 B in assets under management (AUM), while FBT manages $2.22 B.

What sectors do the IHI and FBT ETFs invest in?

IHI leans toward sectors like Health Care. Meanwhile, FBT focuses on Health Care.

What are the top holdings of the IHI ETF and FBT ETF?

IHI top holdings include ABBOTT LABS, INTUITIVE SURGICAL and BOSTON SCIENTIFIC. FBT holds in its top three: MODERNA INC, GILEAD SCIENCES and ALKERMES.

Which ETF is more diversified: IHI or FBT?

IHI holds 48 securities with 87.61% of its assets in the top 15. FBT has 30 securities and a top 15 weight of 53.69%.

Advertisement
Advertisement
Advertisement
Webcast on Demand

Calamos Investments Powers the Next Phase of the Autocallable Revolution

Join J.P. Morgan’s Bram Kaplan, Head of Americas Equity Derivatives Strategy and Matt Kaufman from Calamos Investments as they dive into the growing global opportunity in autocallable income—an increasingly dominant strategy within structured products, now available through ETFs.

Accepted for 1 CE Credit

Calamos Webcast