The healthcare sector is in focus as earnings season kicks off. Healthcare has been one of the top performing sectors in the S&P 500 this year, putting the spotlight on related exchange traded funds.

“S&P Equity analysts are more positive on the fundamentals of certain industries of the healthcare sector than they are about others. One of those potential bright spots is the biotechnology industry. In addition to biotech, S&P Capital IQ equity analysts have positive fundamental outlooks on healthcare technology, healthcare services, healthcare distributors, life sciences tools and services and managed healthcare industries,” the ratings company wrote in a recent note.

Investors will be eying second quarter earnings reports this week  from mega-company Johnson & Johnson (NYSE: JNJ), Abbott Laboratories (NYSE: ABT), United Health Group, Inc. (NYSE: UNH) and Stryker Corporation (NYSE:SYK). [Healthcare ETFs Beating S&P in 2013]

Currently there are 11 “Overweight” ranked ETFs tied to the healthcare sector. The following are some of  S&P Capital IQ’s favorites, which include the two-largest focused ETFs trading: Health Care Select Sector SPDR Fund (NYSEArca: XLV), PowerShares S&P SmallCap Health Care Portfolio (NYSEArca: PSCH), Vanguard Health Care Index Fund (NYSEArca: VHT).