The World Health Care ETF market experienced a slight dip yesterday, July 7, 2023, with a -1.59% performance. This market, valued at 4 Bn EUR, comprises 10 different ETFs. The overall movement of the market was reflected in some of the prominent ETFs within this sector. Notable performers included the Amundi S&P Global Health Care ESG UCITS ETF (WELS) with a -1.08% daily return, Xtrackers MSCI World Health Care UCITS ETF (XDWH) and SPDR MSCI World Health Care UCITS ETF (WHEA), both with a -0.91% daily return, and the iShares MSCI World Health Care Sector ESG UCITS ETF (WHCS) with a -0.95% daily return.
Several key companies drove the performance of these ETFs. NOVARTIS ORD (NOVN) experienced a -3.67% daily return and a -6.17% decline over the course of one week. MERCK & CO INC ORD (MRK) saw a -2.46% daily return and a -5.54% drop in the past week. LILLY ORD (LLY) observed a -2.40% daily return and a -3.60% decline over one week. Additionally, ASTRAZENECA ORD (AZN) reported a -2.12% daily return and a significant -10.35% decrease over the week. Investors will be closely monitoring the performance of these companies, as they play a pivotal role in shaping the future movement of the World Health Care ETF market.
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