(IXJ) Global Healthcare - Overview
ETF Category: Health | Exchange: NYSE ARCA (USA) | Market Cap: 3.652m USD | Total Return: 11.6% in 12m
TER: 0.42%
Avg Turnover: 9.70M USD
Peers RS (IBD): 45.8
Warnings
No concerns identified
Tailwinds
No distinct edge detected
IXJ is an Exchange Traded Fund (ETF) that primarily invests in global healthcare companies. The fund allocates at least 80% of its assets to securities within its underlying index, which tracks the performance of healthcare sector companies deemed important to global markets. The healthcare sector is characterized by a diverse range of businesses including pharmaceuticals, biotechnology, medical devices, and healthcare services.
Up to 20% of IXJs assets may be held in futures, options, swap contracts, cash, and cash equivalents. This allows for flexibility in managing the fund and potentially hedging against market fluctuations. Understanding the specific companies and their business models within this ETF can provide deeper insights. Further research on ValueRay can offer detailed analytics on IXJs holdings and their individual performance.
- Global pharmaceutical sales growth impacts healthcare sector revenue
- Medical device innovation drives industry expansion
- Healthcare policy changes introduce regulatory risks
- Aging global population increases demand for medical services
Over the past week, the price has changed by +1.80%, over one month by +0.16%, over three months by -4.73% and over the past year by +11.56%.
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