Owing to the necessity and importance of healthcare, the industry is constantly in the limelight. With recent trends like digital technology upgrades and increasing incidences of chronic conditions, the healthcare industry is benefitting significantly.
Against this background, investors could consider investing in fundamentally solid healthcare ETFs iShares Biotechnology ETF (IBB), Vanguard Health Care Index Fund ETF Shares (VHT), and The Health Care Select Sector SPDR Fund (XLV) for defensive growth. Healthcare sector is often considered a key component of defensive investing due to their ability to offer stability and resilience, even during economic downturns.
