MHIPMilliman Healthcare Inflation Plus ETF
Seeks to exceed the U.S. healthcare cost inflation rate over time.
By Milliman · Launched 2026
Annual Cost
0.55%
#3,020 of 6,040 · average
Fund Size
$2M
#5,679 of 6,040 · small
Return (1Y)
N/A
Track Record
5 months
#5,363 of 6,040 · young
Performance
Total-return NAV · USDGrowth of $10,000
$10,456+4.6%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
Top 8 holdings = 49.7% of fundmoderately concentrated
BondBloxx Bloomberg FiveYrTrgDurUSTrsETFXFIV
11.3%
State Street® SPDR® Port S&P 500® ETFSPYM
10.9%
Eli Lilly and CoLLY
9.6%
Johnson & JohnsonJNJ
4.6%
AbbVie IncABBV
4.4%
BondBloxx Bloomberg SixMthTrgDurUSTrsETFXHLF
4.3%
Gilead Sciences IncGILD
2.4%
Thermo Fisher Scientific IncTMO
2.2%
Asset allocation
Stocks
69.0%
Cash
16.9%
Bonds
14.1%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
N/A
Max drawdown
-4.3%Mild
Worst peak-to-trough loss
Sharpe (3Y)
Unavailable
Needs 3+ years of history
Sortino (3Y)
Not yet
Needs 3+ years of history
Bond profile
Duration
3.5 years
Credit ratings
US Government
28.0%
AA
100.0%
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks to exceed the U.S. healthcare cost inflation rate over time.
- Strategy
- Invests primarily in U.S.-listed common stocks, ADRs, and corporate bonds of healthcare companies, along with commodities and TIPS to hedge against healthcare cost inflation. Utilizes a proprietary quantitative model to adjust exposure based on inflation trends, maintaining higher equity levels during inflationary periods.
- Inception date
- April 20, 2026
- Fund family
- Milliman
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Data updated on 2026-09-18