iShares
HEAL.L
IE00BYZK4776
iShares Healthcare Innovation UCITS ETF
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About this ETF

The iShares Healthcare Innovation UCITS ETF seeks to track the iSTOXX® FactSet Breakthrough Healthcare index. The iSTOXX® FactSet Breakthrough Healthcare index tracks companies across the world that are focused on innovation within global healthcare services, across both developed and emerging markets.

TER
0.4%

Total Expense Ratio per year

Fund Size
€1.19B

Assets under management

Holdings
200

Underlying equities

Dividend Yield
0%

Accumulating

Fundamentals & Estimates

Weighted valuation multiples and analyst forecasts

Valuation Multiples
Weighted P/E
25.58
Weighted Fwd P/E
33.51
💰 Revenue Estimates
Current Year CY
+18.6% ⌀ 16 Analysts Coverage
Next Year NY
+112.17% ⌀ 17 Analysts Coverage
📈 EPS Estimates (Earnings Per Share)
Current Year CY
-441.39% ⌀ 15 Analysts Coverage
Next Year NY
+70.01% ⌀ 15 Analysts Coverage

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ETF Profile
Provider
iShares
iShares
Fund Type
ETF
Inception Date
09/08/2016 (10 yrs)
Region
World
Country
-
Distribution Policy
Accumulating
Sustainable
Yes

🛡️ Risk & Structural Analysis

Multi-Factor Risk Model & Market Data

5/7 Elevated
34/100 Low (Concentration Risk)
Diversification Score
34/100 Low (Concentration Risk)
5Y Volatility
20.0% p.a.
Max Drawdown (5Y)
-40.9%
Sharpe Ratio (5Y)
-0.04
Beta Factor
1.12
Notes & Warnings
Fund Volume (AUM) 🟢 Established large fund (> 500M € AUM)
🟡 Moderate analyst coverage (14.9 analysts)
🔴 Severe sector concentration risk: 98% in "Healthcare".
⚠️ Industry concentration: 36% in "Biotechnology".
⚠️ Elevated Regulatory & Policy Risk: 98% in heavily regulated industries (defense, regulated utilities, healthcare policy).
⚠️ Historical Stress Test: Maximum peak-to-trough drawdown of -40.9% in the extended horizon.
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