HLTH, ESIH, HLT: Look to Europe for Healthcare ETFs

Investors worried about volatility in the U.S. stock market should look to Europe and several healthcare exchange-traded funds (ETFs).

Claim 30% Off TipRanks Premium

  • Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions

  • Stay ahead of the market with the latest news and analysis and maximize your portfolio’s potential

The American market remains volatile as investors worry about the impacts of the war in Iran, as well as the direction of interest rates and health of the economy. Market gyrations have grown more extreme since the latest war in the Middle East began on Feb. 28.

Many analysts are recommending that investors look to Europe for long-term diversification. European stocks have outperformed U.S. equities since Donald Trump returned to the White House. And Europe is home to leading healthcare companies such as Novo Nordisk NVO -0.49% ▼ , AstraZeneca AZN +3.52% ▲ , and Sanofi SNY +1.74% ▲ .

European Healthcare ETFs

Leading European healthcare ETFs include the SPDR MSCI Europe Health Care ETF (HLTH), which tracks the performance of the MSCI Europe Health Care Index, providing targeted exposure to large and mid-cap healthcare companies across developed European markets.

There’s also the iShares MSCI Europe Health Care Sector ETF (ESIH), the largest and most liquid ETF that tracks the MSCI Europe Health Care index. And the Amundi STOXX Europe 600 Healthcare ETF HLT -1.76% ▼ , which follows the broader STOXX Europe 600 Healthcare index and includes 55 leading healthcare firms.

Below is a chart comparing these ETFs, each of which has a low expense ratio.

Disclaimer & DisclosureReport an Issue

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin