Healthcare ETFs offer investors diversified exposure to the healthcare sector, encompassing pharmaceuticals, biotechnology, medical devices, and healthcare services. The healthcare industry has long been considered a defensive sector due to its non-cyclical nature. Regardless of the economic conditions prevailing in the economy, people need medical care, and that leads to consistent revenue streams for the healthcare sector.
Amid this backdrop, let’s look at the fundamentally sound healthcare ETFs Fidelity MSCI Health Care Index ETF (FHLC), iShares U.S. Healthcare ETF (IYH), and Vanguard Health Care Index Fund ETF Shares (VHT) that are poised for robust growth.
