Shares U.S. Medical Devices ETF (IHI) is an ETF that provides exposure to U.S. companies that manufacture and distribute medical devices. It has performed significantly well in the past years, and my expectations are that it will continue to perform well in the near future.
Investment Thesis
Shares U.S. Medical Devices ETF provides access to U.S.-based companies that manufacture and distribute medical devices. In the last decade, it performed significantly better than the S&P500 and marginally better than the Dow Jones U.S. Medical Equipment Index. This historic performance compared to other similar healthcare