IHI vs FHLC: Holdings Overlap
IHIiShares U.S. Medical Devices ETF
iShares · 47 holdings · $3.4B · as of 2026-03-31
FHLCFidelity MSCI Health Care Index ETF
Fidelity · 337 holdings · $3.3B · as of 2026-04-30
Holdings snapshots are 30 days apart (IHI: 2026-03-31, FHLC: 2026-04-30). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are IHI and FHLC?
iShares U.S. Medical Devices ETF (IHI, by iShares) holds 47 positions; Fidelity MSCI Health Care Index ETF (FHLC, by Fidelity) holds 337. They have 42 holdings in common, and by portfolio weight the two funds are 15.8% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 15.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 42IHI holds 47 · FHLC holds 337
- Weight in Shared Holdings
- IHI 97%·FHLC 16%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in IHI
5 of 47 positions (2.5% of the fund) are not held by FHLC.
Sector Breakdown
| Sector | IHI | FHLC |
|---|---|---|
| Health Care | 99.8% | 99.6% |
| Other Sectors | 0.0% | 0.0% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| IHI | +4.1% | -12.3% | -9.9% | +0.5% | -2.6% | +8.9% | 0.45% |
| FHLC | +0.7% | +9.3% | +33.0% | +10.0% | +5.3% | +10.1% | 1.26% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in IHI vs FHLC →
Shared Holdings(42)
The top 10 shared positions account for 83% of the overlap, led by ISRG, ABT and SYK.
 ISRGIntuitive Surgical Inc. COM NEW | 15.57% | 2.62% | 2.62% |
|---|---|---|---|
 ABTAbbott Laboratories COM | 16.98% | 2.55% | 2.55% |
 SYKStryker Corporation COM | 10.76% | 1.75% | 1.75% |
 MDTMedtronic PLC USD0.0001 | 4.62% | 1.68% | 1.68% |
 BSXBoston Scientific Corporation COM | 4.28% | 1.38% | 1.38% |
 EWEdwards Lifesciences Corporation COM | 4.47% | 0.78% | 0.78% |
 IDXXIDEXX Laboratories Inc. COM | 4.44% | 0.72% | 0.72% |
 BDXBecton, Dickinson and Company COM | 4.57% | 0.69% | 0.69% |
 RMDResMed Inc. COM | 4.43% | 0.50% | 0.50% |
 GEHCGE Healthcare Technologies Inc. COMMON STOCK | 4.40% | 0.45% | 0.45% |
 DXCMDexCom Inc COM | 3.28% | 0.38% | 0.38% |
 STESteris PLC ORD USD0.001 | 2.94% | 0.34% | 0.34% |
 ZBHZimmer Biomet Holdings Inc COM | 2.43% | 0.26% | 0.26% |
 PENPenumbra Inc. COM | 1.75% | 0.20% | 0.20% |
 PODDInsulet Corporation COM | 2.00% | 0.20% | 0.20% |
 GMEDGlobus Medical, Inc., Class A | 1.30% | 0.16% | 0.16% |
 BAXBaxter International, Inc. COM | 1.17% | 0.15% | 0.15% |
 GKOSGlaukos Corp. COM | 0.84% | 0.13% | 0.13% |
| Masimo Corporation COM | 1.10% | 0.13% | 0.13% |
 TFXTeleflex Incorporated COM | 0.72% | 0.09% | 0.09% |
 NVSTEnvista Holdings Corporation COM | 0.56% | 0.07% | 0.07% |
 IRTCiRhythm Holdings Inc. COM | 0.52% | 0.07% | 0.07% |
 LIVNLivaNova PLC ORD GBP1.00 (DI) | 0.47% | 0.05% | 0.05% |
 TMDXTransMedics Group Inc. COM | 0.46% | 0.05% | 0.05% |
 ITGRInteger Holdings Corp. COM | 0.42% | 0.05% | 0.05% |
Frequently Asked Questions
How much do IHI and FHLC overlap?
IHI and FHLC overlap by 15.8% of portfolio weight. They share 42 holdings (IHI holds 47 positions and FHLC holds 337), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IHI and FHLC?
The two portfolios are 15.8% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of IHI and FHLC?
The largest positions held by both funds are ISRG, ABT, SYK, MDT and BSX. Together the top 10 shared positions account for 83% of the total overlap.
What does IHI own that FHLC doesn't?
5 positions (2.5% of IHI) are unique to IHI, led by HOLX, ANGO and OFIX. In the other direction, 295 positions (83.8% of FHLC) are unique to FHLC.