Thoughts?
Also, how about broad range North American equity?
Thoughts?
Also, how about broad range North American equity?
There are a few ETFs and funds that cater to the medical / healthcare sector.
Blackrock's BME and BMEZ stand out in my books (but they're not ETFs and require some amount of studying...). And I have not studied these funds in any great detail.
Also, Blackrock do have a UK listed ETF 'HEAL' under their iShares umbrella...
Have not studied any of these ... so your call.
Many of the larger drug companies are in major sector / broad indexes (spdrs / S&P etc) and a few are also in high dividend indexes...
Pick your pill...
(Good ships continue to sail and make several journeys...)
There are also VHT and XLV. XLV is more popular, it has about twice as much AUM, but a slightly higher fee and lower return than VHT.
VHT: AUM $10.6B, expense ratio 0.10%, YTD -1.30%, 3 year 31.51%
XLV: AUM $22.5B, expense ratio 0.13%, YTD -3.40%, 3 year 28.34%
I bought some IDNA shares April 1. Am happy now and once one of the members of this ETF finds the vaccine, I'll be double happy.
But is not a general 'healthcare' ETF, but rather a specialized Genetic and Immunology ETF of worldwide picks.
Give it a look.