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About iShares Health Innovation Active ETF
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Inception date
Sep 29, 2020
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
BMED focuses on total return by investing in the broad health sciences group of industries from R&D to production and distribution of medical supplies in different fields, including dental, optical or pharmaceuticals. It also involves healthcare providers including health facilities and hospitals or those providing related administrative, management or financial support. The fund reaches into non-human health (e.g., survival of plants and animals) such as firms that increase crop yields, taste, nutritional content or improve pet health. BMED will include firms with varying market-cap with bias to small- and mid-caps that may include foreign non-USD-denominated securities. The fund may also hold REITs that own hospitals and IPOs. During temporary defensive periods, the fund may invest up to 100% of assets in liquid, short-term investments and can enter in credit default swaps for risk management. Prior to Oct. 10, 2024, the fund used Blackrock for branding purposes instead of iShares.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Health Technology
Stocks98.60%
Health Technology88.62%
Health Services6.38%
Distribution Services1.89%
Commercial Services1.29%
Retail Trade0.41%
Bonds, Cash & Other1.40%
Cash1.38%
Temporary0.01%
Miscellaneous0.01%
Stock breakdown by region
North America73.29%
Europe23.67%
Asia2.56%
Middle East0.47%
Latin America0.00%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
BMED invests in stocks. The fund's major sectors are Health Technology, with 88.62% stocks, and Health Services, with 6.38% of the basket. The assets are mostly located in the North America region.
BMED top holdings are Abbott Laboratories and Medtronic Plc, occupying 3.95% and 3.60% of the portfolio correspondingly.
BMED assets under management is 3.95 M USD. It's risen 0.31% over the last month.
BMED fund flows account for −40.96 K USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
BMED shares are issued by BlackRock, Inc. under the brand iShares. The ETF was launched on Sep 29, 2020, and its management style is Active.
BMED expense ratio is 0.85% meaning you'd have to pay 0.85% of your investment to help manage the fund.
BMED follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BMED invests in stocks.
BMED price has risen by 3.88% over the last month, and its yearly performance shows a −3.98% decrease. See more dynamics on BMED price chart.
NAV returns, another gauge of an ETF dynamics, showed a 9.14% increase in three-month performance and has decreased by −3.82% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 9.14% increase in three-month performance and has decreased by −3.82% in a year.
BMED trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.