TipRanks
Go Ultimate55% OFF

Milliman Healthcare Inflation Guard ETF (MHIG) Price & Chart

MHIG ETF Chart & Stats

$20.41
At close: 4:00 PM EDT
$19.75$20$20.25$20.53 Aug17 Aug31 Aug14 Sep28 Sep12 Oct26 Oct
Day’s Range
$20.41 - $20.41
52-Week Range
$19.64 - $20.59
Previous Close
$20.44
Volume
10
Average Volume (3M)
56
AUM
1.02M
NAV
20.40
Expense Ratio
0.55%
Holdings Count
82
Beta
0.23
Inception Date
Apr 21, 2026
Last Dividend Ex-Date
N/A
Dividend Yield
N/A
Shares Outstanding
50,000
Standard Deviation
N/A

ETF Overview

Milliman Healthcare Inflation Guard ETF

Milliman Healthcare Inflation Guard ETF (MHIG) is an actively managed, target-outcome asset allocation ETF designed to help investors manage the specific risk of rising U.S. healthcare costs while pursuing capital appreciation. The fund aims to “mirror” the U.S. healthcare cost inflation rate by translating proprietary actuarial insights and quantitative modeling into tactical allocations across a multi-asset portfolio. MHIG’s diversified toolkit includes inflation-linked Treasury Inflation-Protected Securities (TIPS), nominal U.S. Treasuries, investment- and high-yield fixed income, equities (including healthcare and healthcare-adjacent companies), and selected commodities. Portfolio weights are adjusted dynamically to align the fund’s sensitivity to changes in healthcare inflation expectations and to seek a balance between inflation protection and growth potential. The fund’s use of Milliman’s actuarial data differentiates its approach by focusing allocations on drivers of medical-cost inflation rather than broad headline inflation alone. Positioned in the Asset Allocation — Target Outcome category with a Capital Appreciation niche, MHIG is intended for investors who want a targeted hedge against healthcare-cost inflation as part of a growth-oriented portfolio. It can complement core holdings for retirees, plan sponsors, insurers, and advisors concerned about the long-term erosion of purchasing power from rising medical expenses. As an actively managed strategy, MHIG seeks to approximate healthcare-cost inflation outcomes but does not guarantee a precise match and remains subject to market and interest-rate risks.

MHIG ETF FAQ

What was MHIG’s price range in the past 12 months?
MHIG’s lowest price in the past 12 months was $19.64 and its highest was $20.59.
What is the AUM of MHIG?
As of Oct 30, 2026, the AUM of MHIG is $1.02M.
How many shares outstanding does MHIG have?
MHIG has 50,000 shares outstanding.