And that should be good news for any ETF with an over 32% weight to hospitals and health care facilities operators.
XHS has stumbled a bit since hitting its all-time around $91.50 in late November, though it should be pointed out that as XHS has gained 65% over the past two years, its pullbacks have usually been shallow.
SPDR S&P Health Care Services ETF
ETF Trends editorial team contributed to this post.