IHI, IHE, ARKG: Specialty Healthcare ETFs Offer Portfolio Diversification to Investors

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Healthcare is a diverse sector that can provide investors with portfolio diversification.

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Within healthcare there are pharmaceutical companies that make medications; medical device firms that develop products ranging from artificial hearts and pacemakers to hearing aids; and biotechnology concerns that are involved in new technologies such as genomics.

Healthcare exchange-traded funds (ETFs) that focus on specific sectors of the healthcare industry are a great way to boost an investment portfolio, especially funds that are geared towards new treatments and medicines.

Top Specialty ETFs

Some great specialty ETFs for investors to consider include the iShares U.S. Medical Devices ETF IHI -1.62% ▼ , which holds stocks of leading medical device companies such as Boston Scientific BSX -2.70% ▼ , Intuitive Surgical ISRG -1.56% ▼  and Medtronic MDT -1.59% ▼ .

There’s also the iShares U.S. Pharmaceuticals ETF IHE +0.11% ▲  that owns stocks of leading pharma concerns such as Eli Lilly & Co. LLY -0.70% ▼  and Merck & Co. MRK -0.02% ▼ . The ARK Genomic Revolution ETF ARKG -3.05% ▼  invests in companies developing new therapies, such as CRISPR Therapeutics CRSP -10.17% ▼  and Natera NTRA -3.06% ▼ . Below is a chart comparing these three ETFs.

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