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Medical Device ETFs: Much Higher YTD Returns in 2018

Margaret Patrick
Medical Device ETFs: Much Higher YTD Returns in 2018

The iShares U.S. Medical Devices ETF (IHI) and the SPDR S&P Health Care Equipment ETF (XHE), both medical device funds, have returned 26.8% and $37%, respectively, in 2018 YTD (year-to-date). That’s significantly higher than the SPDR S&P 500 ETF (SPY) at 9.7% for the same period.