# The cheapest therapeutics and medical devices ETFs

> The cheapest therapeutics and medical devices ETFs, ranked by the annual fee the fund charges, as of Oct 20, 2026. A ranking is not a recommendation.

Data as of Oct 20, 2026. Rebuilt every trading night.

As of Oct 20, 2026 . Rebuilt every trading night.

## The cheapest therapeutics and medical devices ETFs

See 5 funds ranked by the annual fee the fund charges. Updated Oct 20, 2026. A fee is one fact, not a verdict. Funds on one theme can hold different companies, and the holdings are on the theme page.

| # | Ticker | Fund | Fee | Net assets | Weight in S&P 500 companies | Total return, 1Y |
| --- | --- | --- | --- | --- | --- | --- |
| 1 | IHI | iShares U.S. Medical Devices ETF | 0.37% | $3.5bn | 88.5% | −10.1% |
| 2 | IBRN | iShares Neuroscience and Healthcare ETF | 0.47% | $6m | 5.3% | +9.3% |
| 3 | MDEV | First Trust Indxx Medical Devices ETF | 0.70% | $3m | 47.4% | +4.4% |
| 4 | CANC | Tema Oncology ETF | 0.75% | $204m | 21.9% | +36.5% |
| 5 | PSIL | AdvisorShares Psychedelics ETF | 1.00% | $46m | 7.8% | +7.0% |

### Method

The 5 of 5 ETFs in the therapeutics and medical devices theme that publish an expense ratio, cheapest first. Across the funds listed here the annual fee runs from 0.4% to 1.0%. A fee is the one number a fund controls and the one a holder always pays. The list sorts one published figure, with no scoring or weighting. Every fund ETFIQ covers in this category is eligible, closed funds included.

### Where to next

### Where these figures came from

ETFIQ links to the documents behind every figure; a link is not an endorsement.

A ranking is not a recommendation or an opinion. ETFIQ is an independent publisher, not an adviser. Standards and sources

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Source: ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.
Cite: ETFIQ, The cheapest therapeutics and medical devices ETFs, ranked by the annual fee the fund charges, data as of Oct 20, 2026. https://etfiq.com/rankings/themes-cheapest-therapeutics
Licence: https://etfiq.com/license/ Figures ETFIQ computes are free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.
HTML: https://etfiq.com/rankings/themes-cheapest-therapeutics