Healthcare ETFs Continue to Perform Positively

ETF Trends released an article that covers the “indomitable run for the healthcare sector” — specifically, it looks at healthcare ETFs and why they are doing so well.

As quoted in the market news:

Of the top 10 non-leveraged sector ETFs on a year-to-date basis, six are healthcare funds. Five non-leveraged healthcare ETFs are up at least 15% over the past 90 days. The Health Care Select Sector SPDR (NYSEArca: XLV) is continuing its outperformance of the broader market and is the top performer among the nine sector SPDR ETFs on a year-to-date basis after placing second last year. 

Up 8.3% this year, XLV has hauled in $1.35 billion in new assets, the best total among the nine sector SPDRs, but it is not just large-cap healthcare names that are outperforming.

S&P Dow Jones Indices senior analyst Chris Bennett commented:

In the U.S., the healthcare sector significantly outperformed broad parent indices in the first quarter 2015, across capitalization ranges.  On a total return basis, the S&P 500^® Health Care sector index gained 6.5% in the first quarter, while the S&P 500 ended the quarter up 1%.  The S&P SmallCap 600^® Health Care sector index led the pack, ending the quarter up over 15%, while the S&P SmallCap 600 gained 4%.

Click here to read the full ETF Trends report.