The Healthcare sector ranks third out of the 11 sectors as detailed in our 3Q23 Sector Ratings for ETFs and Mutual Funds report. Last quarter, the Healthcare sector ranked third. It gets our Attractive rating, which is based on an aggregation of ratings of the 358 stocks in the Healthcare sector as of July 11, 2023. See a recap of our 2Q23 Sector Ratings here.
Figures 1 and 2 show the five best and worst rated ETFs and mutual funds in the sector. Not all Healthcare sector ETFs and mutual funds are created the same. The number of holdings varies widely (from 24 to 418). This variation creates drastically different investment implications and, therefore, ratings.