Healthcare Sector Funds and ETFs

Select list of healthcare funds and ETFs.

IHY - iShares Dow Jones U.S. Healthcare Sector Index Fund

The Dow Jones index behind this particular ETF follows contains market exposure to 139 healthcare stocks. Companies within the index are selected passively and weighted according to their market capitalization or size. The median market size of healthcare stocks within IYH is just over $2 billion. Expense ratio: 0.48%

XLV - Health Care Select Sector SPDR

This ETF follows healthcare stocks within the S&P 500. This particular industry sector covers stocks of companies involved in health care equipment and supplies, health care providers and services, biotechnology, and pharmaceuticals makers. The healthcare industry accounts for 15.35% of the S&P 500’s overall sector weighting, making it the second largest sector within the index just behind technology. With just over $2 billion in assets, XLV is the largest healthcare ETF. Expense ratio: 0.21%.

VHT - Vanguard Healthcare ETF

The Vanguard ETF follows the MSCI US Investable Market Health Care Index. This particular healthcare ETF is the most diversified among similar offerings and currently has 297 stocks. The median market size of healthcare stocks within VHT is $45.8 billion. Expense ratio: 0.25%

RYH - Rydex S&P Equal Weight Health Care ETF

This ETF shadows healthcare stocks within the S&P 500, but with a twist. Instead of weighting the companies by their market capitalization or size, it weights each stock equally. The net effect of equal weighting a stock index is a bias towards mid and small company stocks. Expense ratio: 0.50%.

PTH - PowerShares Dynamic Healthcare Sector Portfolio

This PowerShares Healthcare ETF is more of a portfolio strategy than a market index based strategy. Put another way, PTH isn’t just attempting to match the performance of major healthcare equity benchmarks, it’s trying to outperform them. Stocks within this ETF are selected using a secretive quantitative formula that screen for factors like fundamental growth and valuation.  Expense ratio: 0.70%

Healthcare Indexes

MSCI US Investable Market Health Care Index

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