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Ishares Nasdaq BiotechnologyIBBCOMMENTSep 20, 2016Stock price when the opinion was issued
As of Jun 18, 2026. Market Open.
Healthcare sector outlook The sector has had a great bounce since March lows. A good way to play the COVID vaccine race. IBB is the best-known biotech ETF, but he does the XBI, because it's equal-weighted. XBI has had a great bounce. It's a great sector with reasonable valuations. The race for a COVID vaccine is a tailwind, of course. Biotech is a slow-growth area, which benefit from interest rates staying very low for the long term.
Has been a holder in the biotech industry at times through the post crisis period. In a post crisis environment, many of these types of industries tend to do really well. This one is aligned with the health boom and aging demographics. The biggest risk factor today is the US elections. Depending on your view of the US election and where the industry goes, it is a good hold longer-term.