This Healthcare ETF Is Outperforming the Invesco Equal Weight Fund -- and It Offers a Charitable Twist
Active management and concentrated bets drove a 42% one-year return, though the lower-cost Invesco alternative offers broader diversification across 60 healthcare stocks.
Overview
The Simplify Health Care ETF (NYSEMKT:PINK) offers active management and a philanthropic mission, while the Invesco S&P 500 Equal Weight Health Care ETF (NYSEMKT:RSPH) provides low-cost, equal-weight exposure to large-cap healthcare.
Healthcare remains a cornerstone of many portfolios for its defensive qualities and growth potential. Investors choosing between these two funds must decide between an actively managed strategy with concentrated bets and a disciplined, equal-weighted approach that limits individual stock risk across the S&P 500's healthcare names.
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.
Details
Source
Originally published at www.fool.com.
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