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home / news releases / FXH - IHI: Medical Device Bull Market To End Soon


FXH - IHI: Medical Device Bull Market To End Soon

(Source - Pexels)

Healthcare has consistently been one of the top-performing sectors on a risk-adjusted basis throughout the current bull market. During its first half, biotechnology (IBB) and pharmaceuticals (XPH) were all the rage seeing 50% annualized returns per year until the bubble finally ended in 2015. Since then, biotechnology stocks as a whole have gone nowhere. Like a flying billiard ball hitting another, all of that momentum transferred into medical devices (IHI).

The overarching health care narrative is logical. Healthcare is typically less correlated to the general

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Stock Information

Company Name: First Trust Health Care AlphaDEX
Stock Symbol: FXH
Market: NYSE

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