5 Best Pharma ETFs

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1. Direxion Daily Healthcare Bull 3X Shares (NYSEARCA:CURE)

5-Year Performance as of September 11, 2023: 60.92%

Total Net Assets as of September 11, 2023: $198.74 million

Expense Ratio: 0.99%

Direxion Daily Healthcare Bull 3X Shares (NYSEARCA:CURE) is designed for traders and investors who seek leveraged exposure to the healthcare sector of the US equity market. Specifically, this ETF aims to provide daily returns that are three times the daily performance of the Health Care Select Sector Index.

However, such leveraged ETFs also come with higher risk due to the compounding effect and potential for significant losses during market volatility. The ETF resets its leverage daily, which means it aims to achieve its investment objectives daily. Over longer periods, the compounding effect of daily resetting can result in returns that deviate from the expected multiple of the index.

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