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Global X HealthTech ETF (HEAL)



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Upturn Advisory Summary
08/14/2025: HEAL (1-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type ETF | Historic Profit -20.13% | Avg. Invested days 40 | Today’s Advisory PASS |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | ETF Returns Performance ![]() |
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Key Highlights
Volume (30-day avg) - | Beta - | 52 Weeks Range 8.15 - 11.90 | Updated Date 06/6/2025 |
52 Weeks Range 8.15 - 11.90 | Updated Date 06/6/2025 |
Upturn AI SWOT
Global X HealthTech ETF
ETF Overview
Overview
The Global X HealthTech ETF (EDOC) seeks to invest in companies that potentially stand to benefit from further advances in the healthcare technology sector, including companies involved in telemedicine, health analytics, connected healthcare devices, and administrative digitization.
Reputation and Reliability
Global X is a well-established ETF provider known for its thematic and alternative investment strategies.
Management Expertise
Global X has a team of experienced professionals managing its ETF products with expertise in thematic investing.
Investment Objective
Goal
To provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Global HealthTech Thematic Index.
Investment Approach and Strategy
Strategy: The ETF aims to track a specific index, the Indxx Global HealthTech Thematic Index.
Composition The ETF primarily holds stocks of companies involved in the healthtech industry.
Market Position
Market Share: Data unavailable, varies based on healthtech ETF definition.
Total Net Assets (AUM): 46900000
Competitors
Key Competitors
- ARKG
- IHAK
- SBIO
Competitive Landscape
The healthtech ETF industry is competitive, with several ETFs offering exposure to different facets of the sector. EDOC focuses specifically on healthtech, while competitors like ARKG have broader mandates, including genomics. EDOC's advantage lies in its targeted approach, but a disadvantage is its smaller AUM compared to larger, more established competitors.
Financial Performance
Historical Performance: Historical financial performance data needs to be retrieved and updated from financial data providers, such as Yahoo Finance, Google Finance or similar sources.
Benchmark Comparison: The ETF's performance should be compared to the Indxx Global HealthTech Thematic Index.
Expense Ratio: 0.5
Liquidity
Average Trading Volume
The average trading volume indicates moderate liquidity for EDOC, allowing investors to buy and sell shares reasonably efficiently.
Bid-Ask Spread
The bid-ask spread is typically narrow, reflecting adequate liquidity and lower trading costs.
Market Dynamics
Market Environment Factors
Economic indicators, sector growth prospects, technological advancements, and regulatory changes can influence EDOC. Increasing adoption of telehealth, AI in healthcare, and digital health solutions are positive drivers.
Growth Trajectory
EDOC's growth depends on the increasing adoption of healthtech solutions. The fund may adjust its holdings to reflect shifts in the healthtech landscape.
Moat and Competitive Advantages
Competitive Edge
Global X HealthTech ETF offers a focused approach to capturing the growth potential within the healthtech sector, targeting companies involved in cutting-edge areas like telemedicine and health analytics. This targeted approach differentiates it from broader healthcare ETFs, offering investors a more specialized exposure. Its relatively small size allows it to potentially capture growth opportunities in smaller, emerging healthtech companies. The ETFu2019s association with Global X, a reputable ETF provider, further enhances its appeal to investors.
Risk Analysis
Volatility
EDOC's volatility can be relatively high due to the growth-oriented nature of healthtech stocks.
Market Risk
The ETF is subject to market risk, sector-specific risks (e.g., regulatory changes in healthcare), and stock-specific risks of its holdings.
Investor Profile
Ideal Investor Profile
The ideal investor is someone with a high risk tolerance, looking for growth opportunities in the healthtech sector and willing to accept potential volatility.
Market Risk
EDOC is best suited for long-term investors seeking exposure to the healthtech theme.
Summary
The Global X HealthTech ETF (EDOC) offers targeted exposure to the growing healthtech sector. Its focused investment strategy allows investors to capitalize on advances in telemedicine, health analytics, and digital health solutions. However, its sector-specific focus leads to higher volatility. This makes it most suitable for long-term investors with a high risk tolerance seeking growth within health technology. The expense ratio is moderate at 0.50%.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Global X ETFs Website
- ETF.com
- Yahoo Finance
Disclaimers:
The data provided is for informational purposes only and should not be considered investment advice. Investment decisions should be based on individual circumstances and consultation with a financial advisor. Market share and performance data may not be precise and are subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Global X HealthTech ETF
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website |
The underlying index is designed to provide exposure to exchange-listed companies that are positioned to benefit from further advances in the field of healthcare technology and the applications thereof, as determined by the index administrator. The principal investment strategy of the fund will be to invest at least 80% of its total assets, plus borrowings for investment purposes (if any), in the securities of the underlying index. The fund is non-diversified.

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