Is there a therapeutics and medical devices ETF?
Yes.
ETFIQ covers 5 therapeutics and medical devices ETFs as of Oct 20, 2026. The largest is IHI at $3.5bn. The cheapest is IHI at 0.37%.
How much of a therapeutics and medical devices fund is already in the S&P 500 decides how much of it is new exposure. Across these 5 funds the median is 21.9% of the weight. The rest is what you are buying that an index fund does not already hold.
Concentration is the other thing to read. The median therapeutics and medical devices ETF here holds 42.6% of its weight in its top ten positions. That is what a theme fund does: it buys a shortlist, not a market.
ETFIQ files a fund under a theme editorially, from what the fund holds rather than from its name, and every figure on this page is the one its therapeutics and medical devices hub prints.
On ETFIQ today
| Ticker | Fund | Issuer | Net assets | Fee | In the S&P 500 |
|---|---|---|---|---|---|
| IHI | iShares U.S. Medical Devices ETF | iShares | $3.5bn | 0.37% | 88.5% |
| CANC | Tema Oncology ETF | Tema | $204m | 0.75% | 21.9% |
| PSIL | AdvisorShares Psychedelics ETF | AdvisorShares | $46m | 1.00% | 7.8% |
| IBRN | iShares Neuroscience and Healthcare ETF | iShares | $6m | 0.47% | 5.3% |
| MDEV | First Trust Indxx Medical Devices ETF | First Trust | $3m | 0.70% | 47.4% |
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ETFIQ, Is there a therapeutics and medical devices ETF?, data as of Oct 20, 2026. https://etfiq.com/questions/is-there-a-therapeutics-etf
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