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7 Health-Focused ETFs To Buy Now For the Post-Covid Future

InvestorPlace Logo By Tezcan Gecgil of InvestorPlace | Slide 1 of 8: Healthcare has become a dominant investing theme over the past year. The U.S. spends more than 16% of its gross domestic product (GDP) on healthcare -- more than any other nation. It has also been among the leading countries when it comes to developing vaccines and therapies against the novel coronavirus. In the past year, as citizens put their faith in science, investors likewise allocated a portion of their funds into healthcare stocks and exchange-traded funds (ETFs). Therefore, today I'll introduce seven health-focused ETFs that could appeal to a range of InvestorPlace readers. The industry covers major pharmaceutical companies, high-growth biotechnology firms, equipment designers and manufacturers, telehealth firms, healthcare providers, medical insurers as well as hospitals. Of course, the pandemic has affected these various segments of the industry in different ways. Just listen to this report from Deloitte: "The COVID-19 pandemic is placing enormous strain on the global health care sector’s workforce, infrastructure, and supply chain, and exposing social inequities in health and care. COVID-19 is also accelerating change across the ecosystem and forcing public and private health systems to adapt and innovate in a short period." Despite the enormous challenges of the past year 12 months, positive vaccine rollout efforts have significantly improved the outlook for a return to pre-Covid-19 days, Meanwhile, long-term portfolios have enjoyed significant gains in many healthcare stocks. Year-to-date (YTD), the Dow Jones U.S. Health Care Index is up over 22%.            7 Marijuana Stocks to Buy As Canada’s Consumption Continues to Rise          With that information, here are 7 health-focused ETFs to buy now:  ALPS Medical Breakthroughs ETF (NYSEARCA:SBIO)  ARK Genomic Revolution ETF (BATS:ARKG)  ETFMG Treatments, Testing and Advancements ETF (NYSEARCA:GERM)  Health Care Select Sector SPDR Fund (NYSEARCA:XLV)  Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RYH)  iShares Nasdaq Biotechnology ETF (NASDAQ:IBB)  iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) ETFs with a thematic concentration can make investing less complicated for many individuals. Vikas Agarwal of Georgia State University suggests that ETFs can provide "increased access to asset classes and markets, as well as, improved tax efficiency, liquidity, price discovery, and transparency.” When investors buy a healthcare fund, they do not have to constantly monitor the fast-paced pipeline as well as financial metrics of each business.

Healthcare has become a dominant investing theme over the past year. The U.S. spends more than 16% of its gross domestic product (GDP) on healthcare -- more than any other nation. It has also been among the leading countries when it comes to developing vaccines and therapies against the novel coronavirus. In the past year, as citizens put their faith in science, investors likewise allocated a portion of their funds into healthcare stocks and exchange-traded funds (ETFs). Therefore, today I'll introduce seven health-focused ETFs that could appeal to a range of InvestorPlace readers. The industry covers major pharmaceutical companies, high-growth biotechnology firms, equipment designers and manufacturers, telehealth firms, healthcare providers, medical insurers as well as hospitals. Of course, the pandemic has affected these various segments of the industry in different ways. Just listen to this report from Deloitte: "The COVID-19 pandemic is placing enormous strain on the global health care sector’s workforce, infrastructure, and supply chain, and exposing social inequities in health and care. COVID-19 is also accelerating change across the ecosystem and forcing public and private health systems to adapt and innovate in a short period." Despite the enormous challenges of the past year 12 months, positive vaccine rollout efforts have significantly improved the outlook for a return to pre-Covid-19 days, Meanwhile, long-term portfolios have enjoyed significant gains in many healthcare stocks. Year-to-date (YTD), the Dow Jones U.S. Health Care Index is up over 22%. With that information, here are 7 health-focused ETFs to buy now: ALPS Medical Breakthroughs ETF (NYSEARCA:SBIO) ARK Genomic Revolution ETF (BATS:ARKG) ETFMG Treatments, Testing and Advancements ETF (NYSEARCA:GERM) Health Care Select Sector SPDR Fund (NYSEARCA:XLV) Invesco S&P 500 Equal Weight Health Care ETF (NYSEARCA:RYH) iShares Nasdaq Biotechnology ETF (NASDAQ:IBB) iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF) ETFs with a thematic concentration can make investing less complicated for many individuals. Vikas Agarwal of Georgia State University suggests that ETFs can provide "increased access to asset classes and markets, as well as, improved tax efficiency, liquidity, price discovery, and transparency.” When investors buy a healthcare fund, they do not have to constantly monitor the fast-paced pipeline as well as financial metrics of each business.
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