The iShares Evolved U.S. Healthcare Staples ETF (IEHS) dedicates a substantial portion—at least 80%—of its net assets to equity securities. Specifically, it invests in common stock issued by U.S.-based healthcare equipment and services companies across the entire market capitalization spectrum, including large, mid, and small firms. Its investment strategy focuses on companies classified within the "Healthcare Staples Evolved Sector," which comprises businesses whose economic profiles have historically mirrored those traditionally found in the healthcare equipment and services industries. It is important to note that this fund operates as a non-diversified investment vehicle.