Price appreciation just keeps on coming for health care exchange traded funds. Twenty ETFs have hit new all-time highs in Thursday’s session and eight are health care-related.

There are two leveraged ETFs on the list of Thursday’s new all-time highs and one is the Direxion Daily Healthcare Bull 3x Shares (NYSEArca: CURE). Even when excluding CURE and the new Fidelity MSCI Health Care Index ETF (NYSEArca: FHLC), 30% of the ETFs hitting new highs today are health care funds.

The ongoing health care sector rally has helped the Health Care Select Sector SPDR (NYSEArca: XLV) top the Consumer Discretionary Select Sector SPDR (NYSEArca: XLY) as the best of the nine sector SDPR ETFs this year. Additionally, XLV is just $83 million behind the Energy Select Sector SPDR (NYSEArca: XLE) for the third spot among U.S. sector ETFs as ranked by size. [Bronze Medal Battle for Sector ETF Supremacy]

Biotech ETFs cannot be left out of the conversation. The iShares Nasdaq Biotechnology ETF (NasdaqGS: IBB), the largest biotech ETF by assets, also hit a new high today, garnering upside calls along the way.

 

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