IHF: Healthcare Dashboard For August

Fred Piard Investing Group Leader Follow Summary The healthcare equipment industry is undervalued based on historical averages, while healthcare providers are near baselines and pharmaceuticals/biotech appear moderately overvalued. IHF (iShares U.S. Healthcare Providers ETF) offers concentrated exposure to healthcare providers, with top 10 holdings comprising 71.4% of assets. IHF’s high volatility make it better suited for tactical allocation and swing trading rather than long-term holding. 10 healthcare stocks cheaper than their peers in August. Quantitative Risk & Value members get exclusive access to our real-world portfolio. See all our investments here » andresr/E+ via Getty Images This monthly article series aims to provide a top-down analysis of the healthcare sector based on value, quality and momentum metrics. It may also help analyze sector ETFs such as Health Care Select Sector SPDR ETF ( This article was written by Fred Piard 16.47K Followers Follow Fred Piard, PhD. is a quantitative analyst and IT professional with over 30 years of experience working in technology. He is the author of three books and has been investing in data-driven systematic strategies since 2010. Fred runs the investing group Quantitative Risk & Value where he shares a portfolio invested in quality dividend stocks, and companies at the forefront of tech innovation. Fred also supplies market risk indicators, a real estate strategy, a bond strategy, and an income strategy in closed-end funds. Learn more. Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.