Among the top year-to-date ETF performers, there is a heavy concentration in health care, according to the latest figures from Standard & Poor's (S&P).
According to S&P 14 of the 16 strongest returns came from ETFs focusing on either the overall sector or a portion of the health care area. The list is led by iShares Dow Jones US Health Care Providers Index Fund (IHF 64 Overweight), with a total return of 17.4%. Jeffrey Loo, S&P Equity Research's Group Head for Health Care, partially attributes the US sector's relatively strong year-to-date returns through late June to a rebound from underperformance in 2010, when valuations were hurt by uncertainty related to health care reform. "Investors have become more comfortable with and better un...
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