“Investors have sent $21.5 billion into health-care-focused mutual funds and exchange-traded funds since the start of 2013, including the second-biggest inflow last year since 2000,” the Journal reported, citing Morningstar. In three of the past fours, health care ETFs have attracted more cash than their mutual fund counterparts. [Health Care ETFs Assert Dominance]
S&P 500 Sector Performance
Chart Courtesy: S&P Dow Jones Indices
Tom Lydon’s clients own shares of Pfizer.