Best Healthcare ETFs to Buy Now
The best healthcare ETFs give investors exposure to a defensive corner of the market, one that’s likely to benefit from consistent demand and rising prices over the long term.
The Baby Boomer generation has reshaped the U.S. economy in many ways. The most meaningful change is arguably still to come as this large cohort of Americans enters their golden years.
By the year 2030, older Americans aged 65 and up will account for 20% of the entire population, up from 18% today. And, by 2060, nearly one in four Americans will be above the age of 65, according to the Census Bureau.
While few things are certain on Wall Street, it’s all but guaranteed that these older adults are going to need a lot of care in the years to come.
That means a long-term demographic tailwind that will provide growth and stability for the healthcare sector – and positive returns for the best healthcare ETFs.
It can be hard to pick individual winners and losers among healthcare stocks. Instead of putting all their eggs in one basket, healthcare ETFs allow investors to diversify across a group of stocks or industries.
And, thankfully, there are a number of diversified and established funds that provide easy access to this healthcare megatrend.
That said, here are six of the best healthcare ETFs to buy now.
When compiling our list of the best ETFs to buy, we included a wide selection of healthcare-related exchange-traded funds that meet several different investment objectives. Take a look.
Data is as of March 5. Dividend yields represent the trailing 12-month yield, which is a standard measure for equity funds.
Best healthcare ETFs to buy
Exchange-traded fund | Ticker |
---|---|
Health Care Select Sector SPDR Fund | XLV |
Vanguard Health Care ETF | VHT |
SPDR S&P Biotech ETF | XBI |
iShares Global Healthcare ETF | IXJ |
ARK Genomic Revolution ETF | ARKG |
First Trust Health Care AlphaDEX Fund | FXH |
This article was originally published on this site