Health Care Devices & Services ETFs

Health Care  Devices & Services ETFs
  • Pininvest Analysis

Presenting side by side health care services (managed health care, facilities and distributors) and devices (mainly equipment but also supplies), our theme draws the attention on

  • the strong performance and low volatility of US devices related funds – relative to the health care service funds of the same ETF providers
  • the outperformance – at the cost of higher volatility – of SLIM/NASDAQ featuring a more diverse regional allocation (only approx.. 2/3 in North America)
  • the lower performance of services related funds – albeit achieved with low volatility – which we believe to result from the combination of two quite distinct segments – Real Estate (by way of senior housing) and Health Care (pharmaceuticals, services) – affected by different market dynamics

 

Our ETF market sector themes present a cross-sectional view of equity trends – in terms of market coverage, size and style. We hope to achieve a fair coverage of ETFs in each category, which is a work in progress

We do not receive any commission or other form of compensation from the providers included in our 'Funds' presentation

Health Care Devices & Services ETFs • Updated:

Name Ticker Exchange Category SubCategory Currency Cur.Price AUM Perf. Vol. Risk Contrib. MDD
 
Global X Longevity Thematic ETF LNGR NASDAQ Health Care Logistics & Services USD 22.80 27 M 7.0% 15%   12% -8%
iShares U.S. Healthcare Providers ETF IHF NYSEARCA Health Care Logistics & Services USD 181.04 896 M 4.4% 21%   17% -14%
iShares U.S. Medical Devices ETF IHI NYSEARCA Health Care Devices USD 246.41 5.2 B 9.3% 16%   15% -11%
SPDR S&P Health Care Equipment ETF XHE NYSEARCA Health Care Devices USD 81.44 568 M 1.5% 17%   15% -12%
SPDR S&P Health Care Services ETF XHS NYSEARCA Health Care Logistics & Services USD 68.88 103 M 3.1% 19%   17% -13%
The Long-Term Care ETF OLD NASDAQ Health Care Logistics & Services USD 29.33 36 M 9.3% 14%   9% -10%
The Obesity ETF SLIM NASDAQ Health Care InvestableMkt Size USD 39.00 13 M 13.2% 18%   15% -11%