HEAL


HealthTech ETF

Reasons to Consider HEAL

High Growth Potential

The healthcare sector is under strain due to rising demand from an aging population and workforce shortages. Technology presents a viable solution, with the size of the HealthTech market expected to exceed $1T by 2032.1

Healthcare Innovators

The Fund invests in companies at the intersection of healthcare and technology across four key sub-themes: healthcare analytics and software, smart medical devices, AI drug discovery, and tech-enabled consumer healthcare.

Timely Opportunity

A growing range of technologies are set to advance patient care, evidenced by increased AI device approvals, lower drug development costs and optimized administrative processes that are improving clinical workflows.

1Global X ETFs Forecasts, Mar 2025

Key Information As of 04/01/25

Inception Date 07/29/20
Total Expense Ratio 0.50%
Net Assets $33.89 million
NAV $9.39
Fact Sheet View the document

ETF Summary

The Global X HealthTech ETF (HEAL) invests in companies transforming healthcare through cutting-edge technology. The fund targets four sub-themes: AI-enabled drug discovery, smart medical devices, tech-enabled consumer healthcare, and healthcare analytics and software solutions. Companies in these areas harness advanced technologies to enhance patient care, streamline operations, and drive medical breakthroughs. By focusing on tech-driven innovation, HEAL seeks to provide exposure to firms shaping the future of healthcare.

ETF Objective

The Global X HealthTech ETF (HEAL) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Global X HealthTech Index.

Trading Details As of 04/01/25

Ticker HEAL
Bloomberg Index Ticker GXHEALUN
CUSIP 37954Y285
ISIN US37954Y2853
Primary Exchange Nasdaq
Shares Outstanding 3,610,000
Number of Holdings 38
30-Day Median Bid-Ask Spread 0.53%

Distributions As of 04/01/25

30-Day SEC Yield 0.32%
Distribution Frequency Semi-Annually

ETF Prices As of 04/01/25

NAV $9.39 Daily Change -$0.04 -0.42%
Market Price $ Daily Change $

Performance History

As of recent month & quarter-end (03/31/25)
As of recent month & quarter-end (03/31/25)
Fund NAV Market Price Index
1 Year -1.26% -0.63% -0.61%
3 Years -13.44% -13.38% -13.05%
Since Inception -9.74% -9.70% --
1 Year -1.26% -0.63% -0.61%
3 Years -13.44% -13.38% -13.05%
Since Inception -9.74% -9.70% --
Year-to-Date -4.65% -3.87% -4.54%
1 Month -10.79% -9.91% -10.75%
3 Months -4.65% -3.87% -4.54%
Since Inception -38.06% -37.93% --
Year-to-Date -4.65% -3.87% -4.54%
1 Month -10.79% -9.91% -10.75%
3 Months -4.65% -3.87% -4.54%
Since Inception -38.06% -37.93% --

The Fund’s investment objective and investment strategies changed effective April 1, 2025. Index performance (noted as "Index" above in the chart) reflects the performance of the Solactive Telemedicine & Digital Health Index prior to April 1, 2025 and the Global X HealthTech Index thereafter.

Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.

Top Holdings As of 04/01/25

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
15.61 OTHER PAYABLE & RECEIVABLES 1.00 5,289,808 5,289,808.14
5.93 HIMS HIMS & HERS HEALTH INC BN46048 31.05 64,728 2,009,804.40
4.61 MASI MASIMO CORP B1YWR63 167.61 9,328 1,563,466.08
4.39 PODD INSULET CORP B1XGNW4 263.18 5,653 1,487,756.54
4.35 DOCS DOXIMITY INC-CLASS A BMD22Y4 56.72 26,009 1,475,230.48
4.34 VEEV VEEVA SYSTEMS INC-CLASS A BFH3N85 227.90 6,447 1,469,271.30
4.30 DXCM DEXCOM INC B0796X4 67.32 21,655 1,457,814.60
4.23 PHIA NA KONINKLIJKE PHILIPS NV 5986622 25.37 56,496 1,433,424.99
4.14 GEHC GE HEALTHCARE TECHNOLOGY BL6JPG8 79.57 17,628 1,402,659.96
4.14 PME AU PRO MEDICUS LTD 6292782 125.00 11,217 1,402,133.80
4.14 ISRG INTUITIVE SURGICAL INC 2871301 496.36 2,824 1,401,720.64
3.94 RMD RESMED INC 2732903 222.30 6,002 1,334,244.60
3.69 241 HK ALIBABA HEALTH BRXVS60 0.61 2,058,900 1,251,538.56
3.67 IRTC IRHYTHM TECHNOLOGIES INC BYT4ST5 106.88 11,636 1,243,655.68
3.59 INSP INSPIRE MEDICAL BDT5KT5 157.98 7,704 1,217,077.92
3.55 TMDX TRANSMEDICS GROUP INC BK6TM04 68.27 17,616 1,202,644.32
3.49 IQV IQVIA HOLDINGS INC BDR73G1 171.24 6,909 1,183,097.16
3.47 OSCR OSCAR HEALTH -A BKY83Q6 12.97 90,732 1,176,794.04
3.15 WAY WAYSTAR HOLDING CORP BSWYNW8 36.94 28,941 1,069,080.54
2.59 PRVA PRIVIA HEALTH GROUP INC BMDP209 22.88 38,300 876,304.00
2.47 PRCT PROCEPT BIOROBOTICS CORP BMYRFV6 57.09 14,647 836,197.23
2.35 AGL AGILON HEALTH INC BLR4TK4 4.08 194,944 795,371.52
2.32 EVH EVOLENT HEALTH INC - A BYLY8H1 9.68 81,268 786,674.24
1.84 TEM TEMPUS AI INC BSLSJJ0 47.22 13,203 623,445.66
1.66 TNDM TANDEM DIABETES CARE INC BF3W461 18.73 30,025 562,368.25
1.66 ALHC ALIGNMENT HEALTHCARE INC BNNLSZ1 18.08 31,069 561,727.52
1.64 OMCL OMNICELL INC 2789523 35.26 15,726 554,498.76
1.63 ASTH ASTRANA HEALTH INC BX3SQS1 29.86 18,499 552,380.14
1.59 TDOC TELADOC HEALTH INC BYQRFY1 7.76 69,343 538,101.68
1.53 PHR PHREESIA INC BKF9DQ8 25.46 20,423 519,969.58
1.47 SDGR SCHRODINGER INC BKV28S8 18.84 26,381 497,018.04
0.91 LFST LIFESTANCE HEALT BN0TRB7 6.63 46,252 306,650.76
0.77 WELL CN WELL HEALTH TECH BF1H8W2 3.02 86,220 260,570.65
0.73 COP GR COMPUGROUP MEDIC BMY7CH1 24.56 10,115 248,438.21
0.57 SLP SIMULATIONS PLUS INC 2122560 24.10 7,965 191,956.50
0.32 HCAT HEALTH CATALYST INC BKLCX50 4.33 24,772 107,262.76
0.29 ABSI ABSCI CORP BN94K69 2.40 40,803 97,927.20
0.27 KOREAN WON 0.00 136,455,299 92,697.46
0.24 6523 JP PHC HOLDINGS CORP BMDHDB3 6.85 11,700 80,186.92
0.16 DH DEFINITIVE HEALT BMGSDK2 2.64 20,519 54,170.16
0.00 AUSTRALIAN DOLLAR 0.63 1 0.58
0.00 HONG KONG DOLLAR 0.13 4 0.51
0.00 TAIWAN DOLLAR 0.03 1 0.03
-0.74 CANADIAN DOLLAR 0.70 -357,453 -249,487.61
-14.97 CASH 1.00 -5,073,555 -5,073,554.60
Holdings are subject to change. "Cash" denotes U.S. dollars.

Exposure As of 02/28/25

Sector Weight (%)
Health Care 92.4
Materials 4.1
Financials 3.2
Energy 0.3

Source: new windowAltaVista Research, LLC

Industry Weight (%)
Health Care Equipment & Services 67.5
Pharmaceuticals, Biotechnology & Life Sciences 19.0
Health Care Equipment & Servic 6.0
Materials 4.1
Insurance 3.2
Energy 0.3

Source: new windowAltaVista Research, LLC

Country Weight (%)
United States 79.9
China 5.3
Australia 4.9
Hong Kong 4.2
Netherlands 3.5
Japan 1.1
Germany 0.8
South Korea 0.3

Source: new windowAltaVista Research, LLC

All Sector, Industry and Geographic breakdowns, where provided, are based on equity positions held by the ETF and exclude cash, currencies, and other holdings.

ETF Characteristics As of 04/01/25

Return on Equity 7.00%
Weighted Avg. Market Cap 11,504 M
2024 2025
Price-to-earnings 186.46 44.40
Price-to-book value 3.26 3.01

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 03/31/25

Versus Beta
S&P 500 1.20
NASDAQ-100 0.85
MSCI EAFE 1.12
MSCI Emg. Mkts 0.92
Standard Deviation 26.40%

Source: new windowAltaVista Research, LLC

ETF Research

View More Related Research

Investing involves risk, including the possible loss of principal. The investable universe of companies in which HEAL may invest may be limited. The Fund invests in securities of companies engaged in the Health Care and Information Technology sectors. These sectors can be affected by government regulations, rapid product obsolescence, intense industry competition and loss or impairment of patents or intellectual property rights. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations. HEAL is non-diversified.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Beginning October 15, 2020, market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share. Prior to October 15, 2020, market price returns were based on the midpoint between the Bid and Ask price. NAVs are calculated using prices as of 4:00 PM Eastern Time. The returns shown do not represent the returns you would receive if you traded shares at other times. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.

Since the Fund’s shares did not trade in the secondary market until several days after the Fund’s inception, for the period from inception to the first day of secondary market trading in Shares, the NAV of the Fund is used to calculate market returns.

<strong><em>Carefully consider the Fund’s investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Fund’s summary or full prospectuses. Please read the prospectus carefully before investing.</em></strong>

Global X Management Company LLC serves as an advisor to Global X Funds. The Global X HealthTech Index is owned and was developed by Global X Management Company LLC for use by Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments.

Effective April 1, 2025, the Global X Telemedicine & Digital Health ETF (EDOC) was renamed to Global X HealthTech ETF (HEAL), and the benchmark index was changed from the Solactive Telemedicine & Digital Health Index to the Global X HealthTech Index.