ETF Sector: Healthcare
Healthcare ETFs are a type of investment fund that tracks the healthcare sector. Healthcare ETFs provide exposure to healthcare stocks, which tend to be less volatile than the overall market. Healthcare ETFs can be used to hedge against market risk and provide diversification. Healthcare ETFs typically hold a basket of healthcare stocks, including pharmaceutical companies, bioscience firms, and healthcare equipment manufacturers. Healthcare ETFs are traded on major exchanges and can be bought and sold through brokerage firms.