NASDAQ | ETF
The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in the securities of health care companies.
The manager defines health care companies as companies engaged in health care innovations, such as developing new and effective therapies; pharmaceuticals; biotechnology; life sciences tools and services; managed health care; and/or health care equipment, supplies, providers, services, distributors, and facilities.
The fund is non-diversified.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| LLY | Eli Lilly and Company | Healthcare | Drug Manufacturers - General | 15.14% |
| UNH | UnitedHealth Group Incorporated | Healthcare | Healthcare Plans | 7.65% |
| GILD | Gilead Sciences Inc | Healthcare | Drug Manufacturers - General | 4.26% |
| TMO | Thermo Fisher Scientific Inc | Healthcare | Diagnostics & Research | 4.15% |
| ABT | Abbott Laboratories | Healthcare | Medical Devices | 4.05% |
| DHR | Danaher Corporation | Healthcare | Diagnostics & Research | 3.27% |
| ELAN | Elanco Animal Health | Healthcare | Drug Manufacturers - Specialty & Generic | 2.50% |
| BDX | Becton Dickinson and Company | Healthcare | Medical Instruments & Supplies | 2.49% |
| CYTK | Cytokinetics Inc | Healthcare | Biotechnology | 2.40% |
| MDT | Medtronic PLC | Healthcare | Medical Devices | 2.09% |
| SYK | Stryker Corporation | Healthcare | Medical Devices | 2.05% |
| COR | Cencora Inc. | Healthcare | Medical Distribution | 1.69% |
| ERAS | Erasca Inc | Healthcare | Biotechnology | 1.66% |
| ABBV | AbbVie Inc | Healthcare | Drug Manufacturers - General | 1.61% |
| ACLX | Arcellx Inc | Healthcare | Biotechnology | 1.51% |
| CVS | CVS Health Corp | Healthcare | Healthcare Plans | 1.50% |
| DYN | Dyne Therapeutics Inc | Healthcare | Biotechnology | 1.48% |
| JNJ | Johnson & Johnson | Healthcare | Drug Manufacturers - General | 1.48% |
| ASND | Ascendis Pharma AS | Healthcare | Biotechnology | 1.39% |
| ISRG | Intuitive Surgical Inc | Healthcare | Medical Instruments & Supplies | 1.38% |