Tap into the future of global health

Article Excerpt

The Covid-19 pandemic has pushed shares prices for many healthcare stocks—and the ETFs that hold them—to today’s all-time highs. Despite that, the underlying growth trends remain strong as the global population grows older and emerging economies spend more on healthcare. Here are two ETFs that aim to benefit from the opportunities presented by healthcare. Our supplement provides more information. ISHARES US MEDICAL DEVICES ETF $67.15 (New York symbol IHI; TSINetwork ETF Rating: Aggressive; Market cap: $8.2 billion) invests in U.S. companies involved in the medical-devices industry. These companies are manufacturers and distributors of medical devices such as MRI scanners, prosthetics, pacemakers, X-ray machines, and other non-disposable medical devices. The ETF currently holds 65 stocks of which the top 10 contribute 72% of total assets. The top holdings include Abbott Laboratories (12.7%), Thermo Fischer Scientific Inc. (12.4%), Danaher Corp., (10.9%), Medtronic (10.1%), Intuitive Surgical Inc. (4.7%), Edwards Lifesciences Corp. (4.6%), Becton Dickinson (4.2%) and Stryker (4.2%). The fund has a large asset base…

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