FHLC ETF

Large stocks are expected to have a major impact on the returns of the healthcare ETF as we approach the Q3 earnings reports.

The Fidelity MSCI Health Care Index ETF (FHLC) was launched on 10/21/2013, and is a passively managed exchange traded fund designed to offer broad exposure to the Healthcare - Broad segment of the equity market.

The Fidelity MSCI Healthcare Index ETF offers diversified exposure to healthcare, with a lower expense ratio and better performance than the Healthcare Select Sector SPDR Fund ETF. Economic uncertainty favors defensive sectors like healthcare, which is also expected to outperform IT in earnings growth for 2024. Despite potential short-term volatility, FHLC's defensive holdings, superior liquidity risk, and dividend grades make it a prudent buy, with a P/E ratio below the sector average.

If you're interested in broad exposure to the Healthcare - Broad segment of the equity market, look no further than the Fidelity MSCI Health Care Index ETF (FHLC), a passively managed exchange traded fund launched on 10/21/2013.

Monthly article series reports aggregate industry metrics in healthcare. Healthcare providers and life science tools are moderately overvalued, while pharmaceuticals and biotechnology have the worst value and quality scores. Fidelity MSCI Health Care Index ETF is an equivalent to XLV for long-term investors.

UnitedHealth Group (UNH) surpassed the Zacks Consensus Estimate for both earnings and revenues with ease.

The healthcare industry is currently overvalued by 14% according to 11-year averages. Healthcare providers are close to their baseline valuation, with healthcare equipment being the most overvalued subsector. Consider Fidelity MSCI Health Care Index ETF as an alternative to XLV for long-term investors.

The Fidelity MSCI Health Care Index ETF (FHLC) was introduced on October 21, 2013 as an exchange traded fund that passively tracks the Healthcare - Broad sector of the stock market.

Designed to provide broad exposure to the Healthcare - Broad segment of the equity market, the Fidelity MSCI Health Care Index ETF (FHLC) is a passively managed exchange traded fund launched on 10/21/2013.