Summary
- The health care sector - as measured by the Fidelity Health Care ETF - outperformed the S&P 500 by ~12.2% over the past year.
- That's because health care is considered to be a relatively defensive sector due to the fact that healthcare - in general - cannot be delayed, no matter the economic environment.
- Health care companies are also typically able to pass on inflation pressure directly to the consumer. Meantime, an aging U.S. demographic is a positive long-term catalyst.
For further details see:
FHLC: Because A Healthy Investor Holds Health Care Stocks