Alternatively, investors who want to focus on the increased foot traffic into hospitals can target healthcare services and providers. The iShares U.S. Healthcare Providers ETF (NYSEArca: IHF) and the equal-weight SPDR S&P Health Care Services ETF (NYSEArca: XHS), which includes 36.2% healthcare services, 28.8% health care facilities, 21.4% managed health care and 13.7% healthcare distributors. [Healthcare ETFs: More Americans Are Visiting the Doctor’s Office]

The broad healthcare sector ETFs include less heavy tilts toward the sub-sectors. For example, XLV includes 42.9% pharmaceuticals, 21.1% biotechnology, 19.2% healthcare providers & services, 13.2%, healthcare equipment & services and 0.8% healthcare tech. Additionally, IYH tracks 41.0% pharma, 23.1% biotech, 16.5% healthcare providers & services, 15.2% healthcare equipment & supplies and 3.9% life sciences tools & services.

Moreover, the greater adoption of healthcare insurance may have also strengthened the SPDR S&P Insurance ETF (NYSEArca: KIE) and iShares US Insurance ETF (NYSEArca: IAK). The two broad insurance ETFs include a slight tilt toward the healthcare sector – KIE has a 22.9% position in life & health insurance. The insurance ETFs, though, are mostly gaining this year on the prospects of rising interest rates. [Another Rising Rates ETF Breaks Out]

For more information on the healthcare sector, visit our healthcare category.

Max Chen contributed to this article.

Subscribe to our free daily newsletters!
Please enter your email address to subscribe to ETF Trends' newsletters featuring latest news and educational events.