IEHSiShares Evolved U.S. Healthcare Staples ETF
IEHS Fund Description
IEHS tracks an index that offers US healthcare exposure as defined by the iETF Evolved Sector classification scheme.
IEHS Factset Analytics Insight
IEHS makes use of iShares’ “Evolved” sector classification scheme to provide exposure to a subset of the traditional US healthcare sector. Unlike traditional classification schemes, firms may be classified into more than one sector under the Evolved Sector system. Sector assignments are made using proprietary machine learning models. In this case, IEHS appears to focus on companies with healthcare exposure that might fall under a “consumer discretionary” label in traditional classification systems. This distinction means that the holdings and performance of IEHS may not match that of traditional healthcare funds—investors should pay special attention to the portfolio differences in light of their desired exposure.
IEHS MSCI ESG Analytics Insight
iShares Evolved U.S. Healthcare Staples ETF has an MSCI ESG Fund Rating of BBB based on a score of 4.43 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. iShares Evolved U.S. Healthcare Staples ETF ranks in the 16th percentile within its peer group and in the 30th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
IEHS MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
IEHS Summary Data
IEHS Portfolio Data
IEHS Index Data
IEHS Portfolio Management
IEHS Tax Exposures
IEHS Fund Structure
IEHS Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of IEHS. IEHS is rated a 5 out of 5.
IEHS Sector/Industry Breakdown
IEHS Top 10 Holdings[View All]
IEHS Economic Development
IEHS Performance Statistics
IEHS MSCI ESG Ratings
IEHS Benchmark Comparison Summary
IEHS Benchmark Comparison Market Cap Size