MHIG - Milliman Healthcare Inflation Guard ETF

The Milliman Healthcare Inflation Guard ETF (MHIG) aims to counteract the rising expenditures in healthcare, distinct from general economic inflation, by utilizing proprietary actuarial data and sophisticated quantitative modeling. Its analytical foundation relies on Milliman's extensive collection of genuine healthcare claims, encompassing roughly 35 million insured individuals, to project future healthcare inflation through observed trends in medical and pharmacy costs. The fund's investments include a mix of equities and fixed-income securities spanning the entire healthcare supply chain, supplemented by instruments designed to hedge against inflation such as commodities, Treasury Inflation-Protected Securities (TIPS), and U.

Sector
Financial Services
Industry
Asset Management - Bonds
Market Cap
$1.0M
Beta
0.36
52-Week Range
19.64-20.59
IPO Date
Apr 21, 2026
Exchange
AMEX

MHIG Options Snapshot

Options pricing data for MHIG is refreshed daily after the close. When listed contracts exist, this page surfaces the latest at-the-money implied volatility, max pain strike, dealer gamma exposure (GEX), and 25-delta skew. Listed contracts and live snapshots appear once the options chain has been published by the exchange for the most recent session.

What This Page Covers

The MHIG overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.

Frequently asked MHIG overview questions

What is MHIG?
MHIG is the ticker symbol for Milliman Healthcare Inflation Guard ETF, an listed exchange-traded fund. The Milliman Healthcare Inflation Guard ETF (MHIG) aims to counteract the rising expenditures in healthcare, distinct from general economic inflation, by utilizing proprietary actuarial data and sophisticated quantitative modeling. Its analytical foundation relies on Milliman's extensive collection of genuine healthcare claims, encompassing roughly 35 million insured individuals, to project future healthcare inflation through observed trends in medical and pharmacy costs. Listed on AMEX. MHIG is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
What are MHIG's key statistics?
Milliman Healthcare Inflation Guard ETF (MHIG) carries a market capitalization of $1.0M, 52-week range of 19.64-20.59. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
What sector or industry does MHIG belong to?
Milliman Healthcare Inflation Guard ETF operates in the Financial Services sector, in the Asset Management - Bonds industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare MHIG's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
How current is the MHIG data on this page?
Options snapshots refresh after each trading session; if no snapshot is currently posted for MHIG, it usually reflects low options liquidity or a recently listed name. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.