3 ETFs To Buy As The S&P 500 Breaks Out To New Highs

We are seeing similar trends in developed countries all over the world, and costs are also starting to rise in developing countries as well. The major factors are that the population is getting older, constant innovation in new treatments, and inelastic supply.

Of course, another contributing factor is that healthcare is subsidized by the government in many parts of the world, and these areas also tend to see costs rise faster than other parts of the economy such as education and defense. 

For investors, it means that they should have exposure to the healthcare sector especially since these trends are not going to subside anytime soon. XLV is a low-cost, well-diversified ETF with holdings of insurance, pharmaceutical, and medical device companies.

XLV is rated a Strong Buy according to the POWR Ratings. XLV also has As across the board for its component grades including Trade, Buy & Hold, Peer and Category.

QQQ shares rose $0.35 (+0.11%) in after-hours trading Monday. Year-to-date, QQQ has gained 5.65%, versus a 9.04% rise in the benchmark S&P 500 index during the same period.


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