John Hood
1st TrHealth Care ETF
FXH-N
TOP PICK
Dec 30, 2014
This is the US version, but there is also the Canadian version FT AlphaDEX US Health Care (FHH-T). He read an article where they did an extensive analysis of this and the methodology, and it has really outperformed all the others in the group over a five-year period. The only thing you have to remember with any rules based, you are paying a price for it of 65 or 70 basis points, as opposed to 5, 10 or 15.
(A Top Pick Dec 30/14. Down 0.58%.) Healthcare got clobbered because of the pricing problems in the healthcare sector. Actually this one held up pretty well. It doesn’t use the S&P 500, it uses the Russell 1000, which is much less big Pharma.
(A Top Pick June 2/17. Up 2%.) This peaked right around the 3rd week of July, which is what he had predicted. From its high point to now, the stock is down about 3%. If you had owned the Cdn ETF (FHH-T), exactly the same product, it would have been down 10%, because of the Cdn$ moving higher.
This is the US version, but there is also the Canadian version FT AlphaDEX US Health Care (FHH-T). He read an article where they did an extensive analysis of this and the methodology, and it has really outperformed all the others in the group over a five-year period. The only thing you have to remember with any rules based, you are paying a price for it of 65 or 70 basis points, as opposed to 5, 10 or 15.