Investors can also track S&P 500 names through the SPDR S&P 500 ETF (NYSEArca: SPY), Vanguard 500 Index (NYSEArca: VOO) and iShares Core S&P 500 ETF (NYSEArca: IVV). The three S&P 500 ETFs include similar weights, including about 52% mega-caps, 35% large-caps and 12% mid-caps.
Moreover, BofA Merrill Lynch strategist Savita Subramanian argues that healthcare is the most attractive sector play based on EPS and sales revision ratios, management guidance and previous quarterly surprises on the upside.
“For 2Q15 earnings season we found that that healthcare screens as most attractive, while materials screens as least attractive,” Subramanian said. “Healthcare has now screened as the most attractive sector the last three quarters, and has continued to surprise to the upside.”
Healthcare sector ETFs have been among the best performing area of the market this year. Year-to-date, Health Care Select Sector SPDR (NYSEArca: XLV), gained 10.6%, iShares U.S. Healthcare ETF (NYSEArca: IYH) rose 11.5%, Vanguard Health Care ETF (NYSEArca: VHT) increased 12.3% and Fidelity MSCI Health Care Index ETF (NYSEArca: FHLC) advanced 12.2%. [Investors Can Still Find Growth in Healthcare ETFs]
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