(IXJ) iShares Global Healthcare - Ratings and Ratios

The iShares Global Healthcare ETF (IXJ) is a straightforward way to gain exposure to the global healthcare sector. It primarily invests at least 80% of its assets in securities that replicate the performance of its underlying index, which tracks companies deemed critical to the healthcare industry worldwide. The fund also allocates up to 20% of its assets to derivatives like futures, options, and swap contracts, as well as cash and cash equivalents, to help manage risk or enhance returns.

The underlying index focuses on companies that the index provider identifies as key players in the healthcare sector, ensuring the fund captures a broad range of industry participants. This includes pharmaceutical firms, biotechnology companies, medical device manufacturers, and healthcare service providers. The fund is domiciled in the United States and is listed on the NYSE ARCA under the ticker symbol IXJ.

With an assets under management (AUM) of approximately $3.85 billion, IXJ is a substantial fund that offers diversification across the global healthcare market. It provides investors with a cost-effective way to access a portfolio of healthcare companies without the need to pick individual stocks. For fund managers, this ETF can serve as a core holding or a tactical allocation within a broader portfolio.