5 Best Performing Healthcare ETFs in 2023

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1. Direxion Daily S&P Biotech Bear 3X Shares (NYSE:LABD)

Year to date returns: 49.38%

The final ETF on our list of the best healthcare ETFs in 2023 is another short ETF. This fund, the Direxion Daily S&P Biotech Bear 3X Shares (NYSE:LABD), is part of the Direxion Funds fund family. It was set up in 2015, and has $61 million in net assets. The returns are higher because when compared to the previous two short ETFs, this ETF seeks to post 300% of the negative returns of its underlying index. Its benchmark index is the S&P Biotechnology Select Industry Index (SPSIBITR).

Disclosure: None. You can also take a look at 12 Best Vanguard ETFs for Portfolio Diversification and 10 Best Mid-Cap Growth ETFs.

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