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HEAL Global X HealthTech ETF

Category: N/A

Inception: 2020-07-29 Issuer: Mirae Asset Global Investments Co., Ltd.
Net Assets
$34M
Expense Ratio
0.50 %
# of Holdings
39
Average Daily Volume
25.6K

Fund Overview

The Global X Telemedicine & Digital Health ETF (HEAL) seeks to invest in companies positioned to benefit from the advancement of telemedicine and digital healthcare. This includes firms involved in telehealth platforms, digital health records, wearable health monitoring devices, and other healthcare technology innovations. HEAL provides exposure to a rapidly growing sector that is transforming traditional healthcare delivery through technology. The fund is designed for investors seeking long-term growth potential from the digitization of healthcare services and infrastructure.
Asset Class
Equity
Industry
Healthcare Services
Annual Dividend Rate
Smart Beta
No
Leveraged / Inverse
N/A / No
Dividend Quality - Yield
 - 0.32 %
Currency Hedged
No
Portfolio Turnover
38 %
Dividend Date

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Why Invest in the HEAL ETF?

Potential Benefits

  • Provides targeted exposure to the fast-growing telemedicine and digital health sector.
  • Offers diversification across companies innovating in healthcare technology.
  • Potential for long-term growth as digital healthcare adoption increases globally.
  • Lower expense ratio compared to some actively managed healthcare funds.
  • Access to a niche market that may be underrepresented in broader healthcare ETFs.

Potential Risks

  • Concentration risk in the healthcare technology sector.
  • Regulatory changes could impact telemedicine adoption and reimbursement policies.
  • Higher volatility compared to broad healthcare or market ETFs.
  • Relatively new fund with limited performance history.
  • Potential overvaluation of some digital health companies.

Performance

1 Week 1 Month 1 Year 3 Years 5 Years YTD 2024 2023 Since Inception
+3.06% +3.34% +17.90% -14.45% -30.69% +9.75% -2.47% -11.31% +389.89%

Performance


Histogram
MACD
Signal
Base Line
RSI (14)
Overbought (70)
Oversold (30)

Monthly Returns (%)

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2025 +10.7% -4.1% -10.5% +3.1% +7.3% +3.5% +0.5% - - - - -
2024 -7.7% +0.9% -0.5% -6.3% +2.1% -2.7% +2.7% +4.2% +3.8% -2.8% +7.9% -4.4%
2023 +5.4% -4.9% -2.0% +1.7% -4.7% +3.7% +4.2% -13.5% -12.3% -11.3% +11.5% +13.9%
2022 -16.0% +2.7% +2.0% -13.9% -4.4% -2.2% +9.0% -5.3% -6.7% +2.8% 0.0% +0.3%
2021 +8.9% -4.2% -7.1% +6.5% -7.7% +5.7% -6.2% +0.6% -3.4% +2.7% -9.4% +0.7%
2020 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% +3.7% +3.4% +1.3% +8.2% +5.7%
2019 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%
2018 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%
2017 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%
2016 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%
< -5% -5% to -2% -2% to 0% 0% 0% to +2% +2% to +5% > +5%

Top Holdings (by weight)

Symbol Company Name Weight
HIMS HIMS & HERS HEALTH INC ORDINARY SHARES CLASS A 5.8 %
MASI MASIMO CORP 4.7 %
PODD INSULET CORP 4.5 %
ISRG INTUITIVE SURGICAL INC 4.5 %
DXCM DEXCOM INC 4.4 %
DOCS DOXIMITY INC CLASS A 4.4 %
VEEV VEEVA SYSTEMS INC CLASS A 4.2 %
TMDX TRANSMEDICS GROUP INC 4.0 %
RMD RESMED INC 3.9 %
IRTC IRHYTHM TECHNOLOGIES INC 3.7 %
Top 10 holdings shown, out of 39 total holdings.

Related ETFs: HEAL vs Peers

ETF Full Name Expense Ratio Net Assets Holdings Asset Class
ARKG ARK Genomic Revolution ETF 0.75 % $942.8M 34 Equity
FHLC Fidelity MSCI Health Care Index ETF 0.08 % $2.7B 342 Equity
IBB iShares Biotechnology ETF 0.45 % $5.8B 257 Equity
IHI iShares U.S. Medical Devices ETF 0.40 % $4.6B 50 Equity
PSCH Invesco S&P SmallCap Health Care ETF 0.29 % $157.9M 73 Equity
PTH Invesco Dorsey Wright Healthcare Momentum ETF 0.60 % $110.4M 36 Equity
VHT Vanguard Health Care ETF 0.09 % $19.2B 409 Equity
XLV Health Care Select Sector SPDR Fund 0.08 % $38.4B 61 Equity
Comparison highlights key differences on cost, coverage, and focus within sector ETFs.

Investment Strategy

HEAL tracks the Solactive Telemedicine & Digital Health Index, which uses a modified market-cap weighting approach. The index includes companies that generate significant revenue from telemedicine, digital health platforms, or healthcare technology solutions. The fund primarily holds common stocks of these companies and is rebalanced quarterly to maintain its target exposure. HEAL's passive approach aims to provide cost-efficient exposure to the digital health sector without active stock selection.

Frequently Asked Questions

What types of companies does HEAL invest in?

HEAL invests in companies involved in telemedicine platforms, digital health records, remote patient monitoring, and other healthcare technology solutions.

How does HEAL differ from traditional healthcare ETFs?

HEAL focuses specifically on digital health innovators rather than the broader healthcare sector, which includes pharmaceuticals, hospitals, and insurance companies.

Is HEAL suitable for conservative investors?

HEAL may be too specialized and volatile for conservative investors, as it concentrates on a single, rapidly evolving segment of healthcare.

Does HEAL pay dividends?

HEAL may pay modest dividends, but its focus is primarily on growth companies in the digital health space rather than income generation.

What percentage of assets are in the top holdings?

As of the latest data, HEAL's top 10 holdings typically represent about 40-50% of total assets, reflecting moderate concentration.

Industry Overview

The telemedicine and digital health industry, represented by HEAL ETF, is experiencing rapid growth driven by technological advancements, changing patient preferences, and healthcare system efficiencies. The COVID-19 pandemic accelerated adoption of remote healthcare solutions, creating lasting structural changes in how care is delivered. This sector includes telehealth platforms, AI diagnostics, digital therapeutics, and health monitoring technologies. HEAL offers investors exposure to companies at the forefront of this transformation, which is expected to grow significantly as healthcare systems worldwide continue digitizing services to improve access and reduce costs.

Alternative Comparison

Compared to broader healthcare ETFs like XLV or VHT, HEAL offers more concentrated exposure specifically to digital health innovators. Among thematic healthcare funds, ARKG focuses more on genomics while IHI targets medical devices. HEAL's expense ratio is competitive with similar thematic healthcare ETFs, though slightly higher than broad sector funds. Unlike some actively managed healthcare funds, HEAL provides transparent, rules-based exposure to the digital health theme.

Issuer Overview

Global X ETFs, the issuer of HEAL, is known for its thematic and sector-specific ETFs. The firm specializes in creating targeted investment products that capture emerging trends and disruptive technologies. Global X manages a suite of healthcare-related ETFs and has demonstrated expertise in developing niche investment strategies within evolving market segments.

Conclusion

HEAL represents a focused investment in the transformative telemedicine and digital health sector. While offering growth potential from healthcare innovation, investors should be mindful of the fund's sector concentration and higher volatility compared to diversified healthcare options. The ETF may appeal to investors with a long-term perspective who believe in the continued digitization of healthcare services globally.

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ETF Profile for . Data intended for informational purposes only. © 2025