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3 Reasons HTEC Stands Out Among the Best Health Tech ETFs 

Every day, headlines extoll the potential in AI investing, and the markets reflect that; the biggest companies in the S&P 500 include the key AI hyperscalers. Still, the impact of AI will be much deeper and more widespread than that — especially in other tech-heavy segments. Health care is poised to change massively. The best health tech ETFs out there can offer powerful exposure therein, with the ROBO Global Healthcare Tech ETF (HTEC B) standing out.Key Takeaways: The AI revolution touches on all aspects of the economy, including health care technology. HTEC offers a strong approach to that space, tracking the ROBO Global Healthcare Technology and Innovation Index. The fund has returned 24.7% YTD, according to ETF Database data. HTEC tracks the ROBO Global Health Technology and Innovation Index. The strategy, which launched in 2019, targets global healthcare tech firms generating revenue from medical and healthcare services. The team behind the index looks at companies operating in diagnostics, robotics, genomics, medical instruments, and more. That proprietary index has helped the ETF outperform its ETF Database Category average on a YTD, one-year, and three-year basis. HTEC has returned 24.7% YTD, based on that data. Recognizing that approach and the fund’s performance, what are some of the advantages the fund offers? Three reasons stand out to consider HTEC’s case for a place among the best health tech ETFs out there. First off, healthcare tech is a structural necessity, due to a massive aging population. As doctor shortages loom in the next 10 years amid rising healthcare costs, AI and tech advances will need to step up. HTEC’s strategic advisors can help it navigate that landscape and potentially stand out compared to rivals. Secondly, the index eschews the broad pharma buckets in favor of a 1–100 score built on tech and market leadership, innovation-driven revenue, and investment levels. That lets innovation really drive the index, rather than legacy megacaps. See more: AI & Robotics Selloff Creates Disconnect Between Valuations & Fundamentals Finally, HTEC rebalances quarterly, allowing the fund to pick up new IPOs and pivot faster than many other index strategies in the space. Together, that has seen the index surpass $500 million in asset tracking recently for the first time. For those looking for an ETF to take a different, exciting approach to the AI revolution, HTEC can appeal. Looking for regular updates? Subscribe here for weekly insights on robotics, AI, and healthcare technology, delivered straight to your inbox. vettafi.com is owned by VettaFi LLC (“VettaFi”). VettaFi is the index provider for HTEC, for which it receives an index licensing fee. However, HTEC is not issued, sponsored, endorsed, or sold by VettaFi. VettaFi and its affiliates have no obligation or liability in connection with the issuance, administration, marketing, or trading of HTEC.

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