Investors Business Daily reporter Doug Rogers looks into the recent performance of health care ETFs in the article Health Care Floats In Ocean Of Shorts.
Rogers notes that a handful of health care funds are posting gains and could hold up better when the tide turns.
ETFs mentioned in the article include SPDR S&P Biotech (XBI) which is up about 10% in the past six months and includes holdings such as Imclone Systems (IMCL), Regeneron Pharmaceuticals (REGN) and Amgen (AMGN).
iShares Nasdaq Biotechnology (IBB) is the most heavily traded of the top biotech ETFs for the past six months and up about 3% in the period. Top holdings include Amgen, Gilead Sciences (GILD) and Celgene (CELG).