Why has XLV been on such a tear. I have been timid about sticking with these because of history and because of the politics. I was killed by healthcare stocks when Hillary got into the fray 15 years ago. I thought here we go again, but the market seems to think we are going to get government involvement $-) and these companies are going to craft the legislation.
Every "backtest" I performed on an ETF trading scheme was down drafted by XLV. You say just remove it. Well, I thought about it but it is a significant portion of the market, how can you ignore it. At least for the near future 2-4 years, XLV may be king. My conclusion is because of the consistent move since the "E.L.E." (extinction level event) and the announcement of increased medicare payments that these stocks are on a tear and many still have good values (P/E).
Just a few that I have followed
CVH UNH AMED CVS CAH
Generic Drugs
HSP PRGO TEVA etc.
Special Suppliers
ISRG IART
