2024-01-22 10:44:27 ET
Summary
- Vanguard's Health Care ETF has slightly underperformed peer healthcare funds and risks underperforming looking forward due to its current mix of holdings.
- VHT is broadly diversified, resulting in a lower weight on top healthcare performers like Johnson & Johnson and UnitedHealth Group.
- VHT has the least desirable valuation metrics compared to other examined healthcare funds, but it offers stable long-term performance and a low expense ratio.
Investment Thesis
Read the full article on Seeking Alpha
For further details see:
VHT: Well-Positioned Fund In A Promising Sector, But Mediocre Compared To Peers