These ETFs aim to spur 2021 gains

Article Excerpt

COVID-19 pushed down the prices of most stocks and ETFs in early 2020. Some, like airlines, hotels, casinos and many restaurant stocks, are still down. Others have recovered to their old highs but may have trouble moving higher until the global economy returns to normal. Meanwhile, some stocks and ETFs have taken off since mid-2020 and are now setting new all-time highs. That adds risk. Still, here are two ETFs that could keep rising for investors. (They’re in addition to our top ETF pick for 2021, see column at right.) SPDR S&P HEALTH CARE EQUIPMENT ETF $119.69 (New York symbol XHE; TSINetwork ETF Rating: Aggressive; Market cap: $711.3 million) tracks the S&P Health Care Equipment Index. Stocks are equal-weighted, and the portfolio is rebalanced each quarter. The ETF holds 74 companies. The equal weighting strategy means that around 1.5% of the assets are allocated to each stock on the rebalancing date. That can limit the contributions of the top performers and lead to higher brokerage…