iShares U.S. Healthcare Providers ETF
ALTAR
Score™
6.4% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
18.3x P/Sales
ratio
0.8x
P/BV
ratio
3.2x Div.
yield
0.9%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
iShares US Healthcare Providers Index seeks investment results that correspond generally to the price and yield performance of the Dow Jones US Select Healthcare Providers Index.

FUND BASICS
Category US Equities
Fund Sponsor Barclays Global Fund Advisors
Website www.ishares.com
Inception date May 01, 2006
Assets (mns) $1,184
Currency USD
Expense ratio 42 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian State Street Bank & Trust
Weighting Market Cap
Index replication Optimized
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 57
Wgt avg mkt cap (mns) $108,841
Large cap (>$10bn) 80.1%
Mid cap ($2-10bn) 15.5%
Small cap (<$2bn) 2.8%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
UNITEDHEALTH GROUP INC 21.4 %
CVS CAREMARK CORP 12.0 %
ANTHEM INC 9.4 %
TELADOC INC 5.1 %
CIGNA CORP 4.4 %
HCA HOLDINGS INC 4.4 %
HUMANA INC 4.2 %
CENTENE CORP 4.1 %
LABORATORY CRP OF AMER HLDGS 3.7 %
QUEST DIAGNOSTICS 2.9 %
Total 71.6 %

TOP COUNTRY EXPOSURE
UNITED STATES 99.9 %
PUERTO RICO 0.1 %









HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru December 31)
Year-to-date 1 year 5 years 10 years Since Incep.
17.6% 17.6% 15.0% 16.8% 12.1%

Market Correlations
versus... Beta R-squared
S&P500 0.87 60%
MSCI EAFE 0.76 45%
MSCI Emg. Mkts. 0.61 38%

Technical Indicators
Recent close $249.30
30d moving avg. $237.92
Annualized volatility 21.1%
Short interest (ETF) 0.4%
Short interest (Underlying) 4.4%
Relative strength (RSI) 66

Liquidity measures
Avg. volume (thou.) 36
Turnover 0.8%
Bid/Ask (% of price) 0.09%
ADV underlying (mns) $6,793

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 98 potential alternatives to the iShares U.S. Healthcare Providers ETF ETF based on the alternatives' overlap in portfolio holdings with IHF. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: IHF Expense: 42 bp ALTAR Score™: 6.4%


ALTERNATIVE ETFs BASED ON OVERLAP WITH IHF
Ticker Fund
Name
Overlap1
vs IHF
(%)
Expense
ratio
(bp)
Savings
vs IHF
(bp)
ALTAR
Score™
(%)
ALTAR
vs IHF
(%)
XHS SPDR S&P Health Care Services ETF 40.4 35 7 3.6 -2.9
IEHS iShares Evolved U.S. Healthcare Staples ETF 28.7 18 24 4.9 -1.5
FXH First Trust Health Care AlphaDEX Fund 25.1 62 -20 4.6 -1.9
JHMH John Hancock Multifactor Healthcare ETF 19.7 40 2 5.8 -0.6
IYH iShares U.S. Healthcare ETF 18.1 43 -1 5.9 -0.6
XLV Health Care Select Sector SPDR Fund 17.7 13 29 6.9 +0.5
FHLC Fidelity MSCI Health Care Index ETF 17.3 8 34 5.2 -1.3
VHT Vanguard Health Care Index Fund 17.2 10 32 5.1 -1.3
RYH Invesco S&P 500 Equal Weight Health Care ETF 16.9 40 2 6.3 -0.1
SPVU Invesco S&P 500 Enhanced Value ETF 15.1 13 29 9.4 +3.0
EDOC Global X Telemedicine & Digital Health ETF 13.7 68 -26 1.0 -5.5
QVAL Alpha Architect U.S. Quantitative Value ETF 13.3 49 -7 7.9 +1.5
SPVM Invesco S&P 500 Value with Momentum ETF 12.8 39 3 7.7 +1.3
IXJ iShares Global Healthcare ETF 12.1 46 -4 6.1 -0.3
BTEC Principal Healthcare Innovators Index ETF 10.2 42 0 -2.5 -8.9
AMCA iShares Russell 1000 Pure U.S. Revenue ETF 9.7 15 27 6.0 -0.5
NVQ QRAFT AI-Enhanced US Next Value ETF 9.6 75 -33 6.6 +0.1
RWL Invesco S&P 500 Revenue ETF 8.8 39 3 6.2 -0.2
BMED BlackRock Future Health ETF 8.7 85 -43 -0.9 -7.3
SMLF iShares Edge MSCI Multifactor USA Small-Cap ETF 8.1 30 12 6.0 -0.4
SPMV Invesco S&P 500 Minimum Variance ETF 8.0 10 32 5.4 -1.0
DIA SPDR Dow Jones Industrial Average ETF Trust 7.4 16 26 4.9 -1.5
PTH Invesco DWA Healthcare Momentum ETF 7.3 60 -18 -2.3 -8.7
ARKG ARK Genomic Revolution ETF 7.3 75 -33 -2.1 -8.5
VOOV Vanguard S&P 500 Value ETF 7.1 10 32 6.6 +0.1
JKD iShares Morningstar Large-Cap ETF 7.0 20 22 4.7 -1.7
VNSE Natixis Vaughan Nelson Select ETF 7.0 85 -43 2.7 -3.8
ACSI American Customer Satisfaction Core Alpha ETF 6.8 66 -24 3.5 -2.9
VALQ American Century STOXX U.S. Quality Value ETF 6.7 29 13 7.8 +1.4
GERM ETFMG Treatments Testing and Advancements ETF 6.6 68 -26 -2.4 -8.8
CACG ClearBridge All Cap Growth ETF 6.5 54 -12 3.7 -2.7
PSCH Invesco S&P SmallCap Health Care ETF 6.4 29 13 2.8 -3.6
HIPR Direxion High Growth ETF 6.4 40 2 3.8 -2.6
HELX Franklin Genomic Advancements ETF 6.4 50 -8 -1.3 -7.7
MGV Vanguard Mega Cap Value ETF 6.2 7 35 6.4 +0.0
GBLO Global Beta Low Beta ETF 6.1 29 13 7.3 +0.9
VIRS Pacer BioThreat Strategy ETF 6.0 70 -28 4.8 -1.7
VEGN US Vegan Climate ETF 5.9 60 -18 3.9 -2.5
COWZ Pacer US Cash Cows 100 ETF 5.9 49 -7 10.2 +3.8
DBLV AdvisorShares DoubleLine Value Equity ETF 5.9 91 -49 5.4 -1.0
USVM VictoryShares USAA MSCI USA Small Cap Value Momentum ETF 5.8 24 18 4.9 -1.5
XMMO Invesco S&P MidCap Momentum ETF 5.8 34 8 3.4 -3.0
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 5.8 60 -18 3.6 -2.8
DIVO Amplify YieldShares CWP Dividend & Option Income ETF 5.7 49 -7 4.1 -2.3
DVLU First Trust Dorsey Wright Momentum & Value ETF 5.6 60 -18 8.6 +2.2
VTRN Victory Portfolios II VictoryShares Top Veteran Employers ET 5.6 60 -18 6.2 -0.3
FTA First Trust Large Cap Value AlphaDEX Fund 5.6 60 -18 7.3 +0.9
RPV Invesco S&P 500 Pure Value ETF 5.6 35 7 9.9 +3.4
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 5.5 30 12 4.9 -1.6
CLRG IQ Chaikin U.S. Large Cap ETF 5.5 25 17 5.0 -1.5
DSTL Distillate US Fundamental Stability & Value ETF 5.5 39 3 5.6 -0.8
BUL Pacer US Cash Cows Growth ETF 5.4 60 -18 4.3 -2.1
SLYG SPDR S&P 600 Small Cap Growth ETF 5.4 15 27 4.4 -2.0
IJT iShares S&P Small-Cap 600 Growth ETF 5.4 18 24 4.4 -2.1
SPGP Invesco S&P 500 GARP ETF 5.4 34 8 6.2 -0.3
VSDA VictoryShares Dividend Accelerator ETF 5.3 35 7 4.6 -1.8
VTV Vanguard Value Index Fund 5.3 4 38 6.5 +0.1
VETS Pacer Military Times Best Employers ETF 5.2 60 -18 6.1 -0.3
VUSE Vident Core US Equity Fund 5.2 48 -6 7.3 +0.9
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 5.2 19 23 5.3 -1.2
FVAL Fidelity Value Factor ETF 5.1 29 13 6.8 +0.4
VFVA Vanguard U.S. Value Factor ETF 5.1 14 28 8.4 +2.0
ENTR Entrepreneur 30 Fund 5.1 49 -7 -1.0 -7.4
LRGE ClearBridge Large Cap Growth ESG ETF 5.1 59 -17 3.3 -3.2
WLDR Affinity World Leaders Equity ETF 5.0 47 -5 7.9 +1.5
LRGF iShares Edge MSCI Multifactor USA ETF 5.0 20 22 6.0 -0.4
LYFE 2nd Vote Life Neutral Plus ETF 4.9 75 -33 5.6 -0.8
IWO iShares Russell 2000 Growth ETF 4.8 24 18 -0.1 -6.5
NULV Nuveen ESG Large-Cap Value ETF 4.8 35 7 6.0 -0.4
JVAL JPMorgan U.S. Value Factor ETF 4.8 12 30 7.1 +0.7
AFSM First Trust Active Factor Small Cap ETF 4.7 77 -35 4.3 -2.1
FUNL CornerCap Fundametrics Large-Cap ETF 4.7 50 -8 7.2 +0.7
IEFN iShares Evolved U.S. Financials ETF 4.7 18 24 7.5 +1.1
VIOG Vanguard S&P Small-Cap 600 Growth ETF 4.6 16 26 4.3 -2.1
ARKK ARK Innovation ETF 4.6 75 -33 -1.6 -8.1
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 4.6 15 27 5.8 -0.6
EPS WisdomTree U.S. Earnings 500 Fund 4.6 8 34 5.9 -0.5
RNMC Mid Cap US Equity Select ETF 4.6 60 -18 6.0 -0.4
QGRO American Century STOXX U.S. Quality Growth ETF 4.6 29 13 3.7 -2.8
FXG First Trust Consumer Staples AlphaDEX Fund 4.5 64 -22 7.7 +1.3
CCOR Core Alternative ETF 4.5 109 -67 4.2 -2.2
RTH VanEck Vectors Retail ETF 4.4 35 7 4.8 -1.6
VLUE iShares MSCI USA Value Factor ETF 4.4 15 27 9.6 +3.2
MIDF iShares Edge MSCI Multifactor USA Mid-Cap ETF 4.4 25 17 6.8 +0.4
OLD The Long-Term Care ETF 4.4 30 12 5.4 -1.0
FNY First Trust Mid Cap Growth AlphaDEX Fund 4.4 70 -28 1.6 -4.8
SHLD Victoryshares Protect America ETF 4.3 60 -18 6.1 -0.3
LNGR Global X Longevity Thematic ETF 4.3 50 -8 2.9 -3.6
AFMC First Trust Active Factor Mid Cap ETF 4.3 65 -23 5.2 -1.2
VTWG Vanguard Russell 2000 Growth Index Fund 4.3 15 27 0.1 -6.4
TUSA First Trust Total US Market AlphaDEX ETF 4.3 70 -28 4.8 -1.7
RYJ Invesco Raymond James SB-1 Equity ETF 4.2 76 -34 3.7 -2.8
SMMV iShares Edge MSCI Min Vol USA Small-Cap ETF 4.2 20 22 3.7 -2.7
XJR iShares ESG Screened S&P Small-Cap ETF 4.2 12 30 5.8 -0.6
ULVM VictoryShares USAA MSCI USA Value Momentum ETF 4.1 20 22 6.6 +0.2
MXDU Nationwide Maximum Diversification US Core Equity ETF 4.1 34 8 4.3 -2.1
MDYG SPDR S&P 400 Mid Cap Growth ETF 4.1 15 27 3.7 -2.7
IJK iShares S&P Mid-Cap 400 Growth ETF 4.1 17 25 3.7 -2.7

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2015 2016 2017 2018 2019 2020E 2021E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
iShares U.S. Healthcare Providers ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

OVERWEIGHT

Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 19.0 %
Divided by: Fwd. P/BV 2.8 x
Less: Expense ratio 42 bp
Equals: ALTAR Score 6.4 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.29 CATEGORY
AVERAGE
1.49
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.