Healthcare ETFs Live Up to Defensive Reputation
September 15, 2011 at 13:47 PM EDT
Exchange traded funds tracking U.S. healthcare stocks have justified their reputation as defensive sector plays in an uncertain economic environment this year. Health Care Select Sector SPDR Fund (NYSEArca: XLV) is up 4.8% year to date, compared with a 4.2% loss for the S&P 500, according to...
