The iShares U.S. Healthcare ETF (NYSE ARCA: IYH) is an exchange-traded fund (ETF) that primarily focuses on investing in the U.S. healthcare sector. It aims to allocate at least 80% of its assets in the securities that make up its underlying index, which tracks the performance of the healthcare segment of the U.S. equity market.
This ETF provides investors with an opportunity to tap into the growth potential of the U.S. healthcare industry, which is a significant contributor to the country's economy. The fund's underlying index is designed to measure the performance of companies involved in various aspects of healthcare, including pharmaceuticals, medical devices, healthcare providers, and biotechnology.
As a non-diversified fund, the iShares U.S. Healthcare ETF may invest a significant portion of its assets in a limited number of securities, which can result in higher risk compared to diversified funds. However, this approach also allows the fund to focus on the most promising companies in the healthcare sector, potentially leading to higher returns for investors.
The fund is managed by BlackRock, a leading global asset manager, and is listed on the NYSE Arca exchange under the ticker symbol IYH. For more information about the fund, investors can visit the iShares website at http://www.ishares.com.
The iShares U.S. Healthcare ETF is domiciled in the United States, which means it is subject to U.S. regulations and tax laws. This can be beneficial for U.S.-based investors who want to invest in a fund that is closely tied to the U.S. healthcare market.