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Will Healthcare ETFs Lose Momentum as Q1 Earnings Unfold?
AbbVieAbbVie(US:ABBV) Zacks Investment Research·2024-04-24 17:06

The healthcare sector has gained momentum lately on investors’ rush to safety in a volatile stock market. The sector is non-cyclical in nature, which, in turn, provides a cushion to the portfolio. Additionally, escalating geopolitical tension and an uncertain Fed have raised the appeal for defensive bets.As such, ultra-popular ETFs, Health Care Select Sector SPDR Fund (XLV) , Vanguard Health Care ETF (VHT) , iShares U.S. Healthcare ETF (IYH) and Fidelity MSCI Health Care Index ETF (FHLC) are up modestly bet ...