SECTOR-HEALTH CAREThe health care sector also seems to be a bit to high for me also. I will also be waiting before adding positions in this sector. The dividend yield on this particular ETF is 1.43% at the moment. FHLC
Key stats
About Fidelity MSCI Health Care Index ETF
Expense ratio
0.08%
Home page
Inception date
Oct 21, 2013
FHLC casts a wide net across the entire health care market in the US, capturing over 300 large-, mid- and small-cap companies and spanning more than 10 subsectors. This diversification gives the vanilla fund less exposure to the big pharma companies that dominate the market, and more exposure to sectors like drug retailers and insurance. Prior to December 1, 2020, the fund tracked the MSCI USA IMI Health Care Index, an uncapped version of the present index. To meet diversification requirements, FHLC now uses a 25/50 capping methodology. Notably, instead of replicating the underlying index, the fund uses a representative sampling strategy. The index is rebalanced quarterly.
Classification
What's in the fund
Exposure type
Health Technology
Health Services
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.