MEDI
Harbor Health Care ETF
📎 Investment Objective
The Harbor Health Care ETF (MEDI) seeks to provide investment results that correspond generally to the performance of the health care sector of the U.S. equity market.
Overview
ETF tracking Harbor Health Care ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Harbor Health Care ETF (MEDI) seeks to provide investment results that correspond generally to the performance of the health care sector of the U.S. equity market.
🎯 Investment Strategy
The ETF invests in a portfolio of stocks of companies in the health care sector, seeking to track the performance of the health care segment of the U.S. stock market. The fund's holdings are diversified across various sub-industries within the health care sector.
✨ Key Features
- Provides exposure to the broad health care sector of the U.S. equity market
- Diversified portfolio of health care stocks, including pharmaceuticals, biotechnology, medical devices, and health care providers
- Low expense ratio of 0.00%
- Relatively new fund with limited performance history
⚠️ Primary Risks
- Sector concentration risk: As a sector-specific fund, MEDI is more susceptible to factors affecting the health care industry
- Market risk: The value of the fund's holdings may fluctuate due to general market conditions
- Liquidity risk: The fund may have difficulty trading certain illiquid or thinly traded securities
- Lack of performance history: With limited track record, the fund's long-term performance is uncertain
👤 Best For
MEDI may be suitable for investors seeking broad exposure to the health care sector as part of a diversified portfolio. Due to the fund's limited history, it may be more appropriate for investors with a higher risk tolerance and a longer investment horizon.