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This ETF offers exposure to the health care sector internationally, focusing on companies in developed and emerging markets outside of the U.S. Given the international and sector-specific nature of this fund, IRY probably doesn't belong in a long-term, buy-and-hold portfolio; it will be more useful for investors looking to implement a tilt towards the generally stable health care sector without including U.S. stocks. IRY can also be useful as part of a pairs trade, such as long IRY / short XLV. Perhaps not surprisingly, IRY is somewhat concentrated; the basket of securities is relatively shallow, and a few big names account for a significant portion of total assets. And while the underlying index theoretically includes emerging market exposure, in practice IRY is exclusively a developed market fund. For a limited segment of investors, this fund may be a useful tool; those looking for U.S. exposure may prefer XLV or RYH, while those seeking more global representation may prefer IXJ.
The adjacent table gives investors an individual Realtime Rating for IRY on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Health & Biotech Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.View the Category Report
The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb.com Category.
This ETF is not currently available for commission free trading on any platforms.
There are 3 other ETFs in the Health & Biotech Equities ETFdb.com Category that are also eligible for commission free trading:
This section shows how this ETF has performed relative to its peer group ETFdb.com Category.
The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.
The following chart also includes the option to compare the performance of IRY relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.
This section shows how the volatility of this ETF compares to the peer group ETFdb.com Category.
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