What does MHIP track?

MHIP is the Milliman Healthcare Inflation Plus ETF, a Other ETF.

What is the expense ratio of MHIP?

Expense ratio data for MHIP is shown on the page when available from our data provider.

What are the largest holdings in MHIP?

Top holdings include United States Treasury Bill 11/19/2026, XFIV, SPYM, LLY, JNJ.

How can PortView analyze MHIP overlap with other ETFs?

PortView computes the holdings overlap between MHIP and the other ETFs and stocks you own, plus your combined sector and geographic exposure, so you can see true diversification.

Milliman Healthcare Inflation Plus (MHIP) ETF Holdings & Analysis

ETFOther

$21.08+0.95%

1-year price historyRange $19.45 – $21.40

52-week range$21.08

$19.45$21.40

What MHIP does

The Milliman Healthcare Inflation Plus ETF (MHIP) is designed to shield and enhance investors' purchasing power against the backdrop of escalating medical expenditures. This is accomplished by leveraging proprietary actuarial data and sophisticated quantitative modeling. The fund’s analytical framework relies on Milliman's extensive database of actual healthcare claims, encompassing approximately 35 million insured individuals, to project future healthcare inflation through the examination of medical and pharmacy cost trajectories. Its investment portfolio encompasses both equity and fixed income securities spanning the entire healthcare supply chain, augmented by various inflation-hedging instruments such as commodities, Treasury Inflation-Protected Securities (TIPS), and conventional Treasury bonds. Typically, the MHIP portfolio undergoes monthly rebalancing, guided by a quantitative model that dynamically adjusts to shifts in US healthcare cost inflation. Specifically, the strategy increases its exposure to equities and commodities during periods of elevated inflation, conversely pivoting towards debt instruments when inflation levels are lower. The fund's holdings may further include derivative products like swaps, options, and futures contracts, as well as exchange-traded funds (ETFs).

Fund profile

Top holdings

	Holding	Weight
	United States Treasury Bill 11/19/2026	12.49%
	BondBloxx Bloomberg Five Year Target Duration US Treasury ETF	11.23%
	State Street SPDR Portfolio S&P 500 ETF	10.93%
	Eli Lilly & Co	9.56%
	Johnson & Johnson	4.63%
	AbbVie Inc	4.35%
	BondBloxx Bloomberg Six Month Target Duration US Treasury ETF	4.26%
	U.S. Bank Money Market Deposit Account 08/01/2031	2.93%
	Cash & Other	2.71%
	Gilead Sciences Inc	2.38%

Geographic allocation

Other	20.45%
United States	78.41%
Ireland	1.14%

PortView Portfolio Insights

PortView analyzes how MHIP fits your actual portfolio — position weight, ETF overlap with your other funds, sector and geographic exposure, concentration, and how this fund contributes to your portfolio risk and return. Connect a portfolio to see your personalized figures; PortView never shows another user's private holdings.

Analyze MHIP in PortView →

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Frequently asked questions

What does MHIP track?: MHIP is the Milliman Healthcare Inflation Plus ETF, a Other ETF.
What is the expense ratio of MHIP?: Expense ratio data for MHIP is shown on the page when available from our data provider.
What are the largest holdings in MHIP?: Top holdings include United States Treasury Bill 11/19/2026, XFIV, SPYM, LLY, JNJ.
How can PortView analyze MHIP overlap with other ETFs?: PortView computes the holdings overlap between MHIP and the other ETFs and stocks you own, plus your combined sector and geographic exposure, so you can see true diversification.

The information provided by PortView is for informational and educational purposes only and does not constitute investment advice. Market data may be delayed. Past performance does not guarantee future results.