Vanguard Health Care ETF (VHT) is an exchange-traded fund that seeks to track the performance of an index representing the healthcare sector of the U.S. equity market. The ETF is managed by Vanguard Group Inc. and trades under the ticker VHT on NYSE Arca.
Classified as a U.S.-focused equity ETF providing exposure exclusively to the healthcare sector, VHT aims to reflect, before fees and expenses, the performance of the securities included in its benchmark index.
The MSCI US Investable Market Health Care 25/50 Index consists of healthcare companies listed in the United States, including pharmaceuticals, biotechnology firms, medical equipment manufacturers, and healthcare services providers.
Constituents are weighted by free-float-adjusted market capitalization. The index undergoes periodic reviews and rebalancing, which are reflected in the ETF’s holdings.
Diversification and sector exposure
VHT provides exposure to the U.S. healthcare sector, including companies engaged in:
- Pharmaceuticals.
- Biotechnology.
- Medical equipment and healthcare technology.
- Healthcare services and managed care.
The portfolio reflects the diversified structure of the U.S. healthcare industry.
Structure and costs
VHT shares trade on the secondary market on NYSE Arca during regular trading hours. Creation and redemption occur through authorized participants, helping maintain alignment between market price and net asset value.
The fund charges a management fee as outlined in its prospectus and does not apply a performance fee. VHT trades exclusively under the ticker VHT.
History and evolution of the ETF
The Vanguard Health Care ETF was launched to provide sector-specific exposure to the U.S. healthcare market through a passive investment structure. Since inception, it has become a widely used vehicle for healthcare sector allocation.
In recent years, VHT has reflected innovation trends in biotechnology, demographic shifts, and U.S. monetary policy cycles, while maintaining its index-tracking methodology.
Additional Information
Vanguard Health Care ETF (United States) is an exchange-traded fund (ETF), with assets under management totaling $16.27 B.
Over the past 12 months, Vanguard Health Care ETF recorded a return of 16.10%, with its price trading between $236.71 and $297.26 during the same period.
The ETF is traded under the ticker VHT.