These ETFs Might Enjoy the Salix Takeover News

Confirming that the health care sector is once again asserting its dominance in 2015, five of the 10 best sector ETFs to this point in the year are health care funds. That includes XPH and PJP in second- and third-place, respectively.

Another pharmaceuticals ETF to keep an eye on is the Market Vectors Pharmaceutical ETF (NYSEArca: PPH). PPH’s combined weight to Valeant and Salix is nearly 5.1%. The ETF also touched a new high last Friday on above average volume and is up 7.1% this year.

SPDR Pharmaceuticals ETF

ETF Trends editorial team contributed to this post.