Healthcare Stocks Are Having a Good Year. Should You Buy a Fidelity or iShares ETF to Profit?
FHLC holds 334 positions versus IYH's 100, yet both delivered similar five-year returns despite their structural differences.
Overview
Fidelity MSCI Health Care Index ETF (NYSEMKT:FHLC) offers a significantly lower expense ratio and broader diversification than the iShares U.S. Healthcare ETF (NYSEMKT:IYH), while both hold similar blue-chip positions.
These two exchange-traded funds provide targeted exposure to the U.S. healthcare sector, covering industries from pharmaceutical giants to biotechnology firms. Both the Fidelity and iShares funds maintain significant assets under management (AUM), but their differences in fee structures and portfolio depth may influence which vehicle better suits an investor's goals.
Details
Beta measures price volatility relative to the S&P 500; beta is calculated from monthly returns over the available fund history (up to five years). The 1-yr return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield as of the close of trading on July 30.
Source
Originally published at www.fool.com.