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IHIvsMDEVETF Comparison
iShares U.S. Medical Devices ETF (IHI) belongs to the US Health Care segment. First Trust Indxx Medical Devices ETF (MDEV) is part of the Healthcare Technology segment. 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 0.7% for MDEV. IHI is down -11.53% year-to-date (YTD) with -$312M in YTD flows. MDEV performs better with -9.65% YTD performance, and - in YTD flows. Run a side-by-side ETF comparison of IHI and MDEV below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
IHI vs MDEV performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | IHI MDEV | -4.11%-7.17% | -11.52%-10.08% | -11.53%-9.65% | -7.06%-5.78% | +9.22%-1.29% | +3.63%n/a |
| Flows | IHI MDEV | -$136M- | -$422M- | -$312M- | -$1.18B+$0K | -$2.95B-$228K | -$5.01B- |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | IHI MDEV | +15.63%+13.97% | +18.93%+18.29% | +16.67%+15.82% | +18.77%n/a |
| Max drawdown | IHI MDEV | -14.63%-13.00% | -14.66%-13.00% | -22.87%-23.75% | -33.07%n/a |
| Max drawdown duration | IHI MDEV | 65d65d | 107d65d | 210d317d | 1646dn/a |
IHI | MDEV | |
Last sale 3/13/2026 at 1:30 PM | $54.66 | $18.83 |
| Previous close 03/12/2026 | $54.97 | $18.96 |
| Consolidated volume 03/12/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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IHI | MDEV | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
IHI | MDEV | |
|---|---|---|
| Last price | $54.66 | $18.83 |
| 1D performance | -0.56% | -0.68% |
| AuM | $3.29 B | $1.90 M |
| E/R | 0.38% | 0.7% |
IHI | MDEV | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | iShares | First Trust |
| Benchmark | Dow Jones U.S. Select Medical Equipment Index | Indxx Global Medical Equipment Index |
| N° of holdings | 46 | 48 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | May 1, 2006 | June 23, 2021 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the IHI and MDEV ETFs performed in 2026?
As of March 12, 2026, IHI is down -11.53% year-to-date (YTD), while MDEV has lost -9.65%. That puts MDEV better performer ahead so far this year.
Which ETF is attracting more investor money: IHI or MDEV?
Year-to-date, the IHI ETF saw -$312M in flows, compared to - for MDEV.
Which ETF is more volatile: IHI or MDEV?
Over the past year, IHI had a volatility of 18.93%, while MDEV experienced 18.29%.
Which ETF is bigger: IHI or MDEV?
As of March 12, 2026, IHI holds $3.29 B in assets under management (AUM), while MDEV manages $1.90 M.
What sectors do the IHI and MDEV ETFs invest in?
IHI leans toward sectors like Health Care. Meanwhile, MDEV focuses on Health Care.
What are the top holdings of the IHI ETF and MDEV ETF?
IHI top holdings include ABBOTT LABS, INTUITIVE SURGICAL and BOSTON SCIENTIFIC. MDEV holds in its top three: EXACT SCIENCES, GLOBUS MEDICAL and PENUMBRA.
Which ETF is more diversified: IHI or MDEV?
IHI holds 48 securities with 87.61% of its assets in the top 15. MDEV has 49 securities and a top 15 weight of 35.61%.
Notable ETF Filings Recap: April 2024
Health Care Sector Down After a Cyberattack on UnitedHealth
Investing in the Aging Demographics Megatrend
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