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 25.59 25 M 19.6% 28%   12% -31%
iShares U.S. Healthcare Providers ETF IHF NYSEARCA Health Care Logistics & Services USD 208.67 753 M 19.2% 39%   17% -35%
iShares U.S. Medical Devices ETF IHI NYSEARCA Health Care Devices USD 293.19 4.5 B 19.6% 33%   14% -33%
SPDR S&P Health Care Equipment ETF XHE NYSEARCA Health Care Devices USD 96.89 512 M 20.6% 32%   14% -34%
SPDR S&P Health Care Services ETF XHS NYSEARCA Health Care Logistics & Services USD 78.16 88 M 18.4% 39%   18% -39%
The Long-Term Care ETF OLD NASDAQ Health Care Logistics & Services USD 25.95 31 M -12.4% 48%   19% -53%
The Obesity ETF SLIM NASDAQ Health Care InvestableMkt Size USD 33.17 12 M -0.3% 19%   5% -23%