In the midst of a bear market, smart investors are looking for a bright future for investments that have taken an uncharacteristic recent loss. You don't have to spend too much time researching to find many candidates. But finding investments that can withstand a prolonged challenging market can be more difficult.
iShares U.S. Medical Devices ETF (NYSEMKT:IHI) and Vanguard Healthcare Index Fund ETF (NYSEMKT:VHT) are two exchange-traded funds (ETFs) that provide a broad swath of portfolio coverage across medical devices and large-cap pharmaceutical companies. Both also suffer from an uncharacteristic negative year-to-date return, but history suggests a strong growth pattern. Owning these two ETFs can minimize an investor's risk while providing the potential for huge long-term gains.
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When the Market Recovers, You'll Want to Own These 2 Healthcare ETFs