Summary
Vanguard Health Care Fund Investor Shares is a mutual fund run by Vanguard. It does not trade on an exchange: you buy it from the fund company at a price set once a day. Positions inside: 103. The ten largest make up 42% of the fund.
- Yearly costs
- 0.33%
- Fund size
- $38.3B
- Positions
- 103
- Dividend yield
- 3.44%
- Running since
- 1984
What speaks for it
- Costs of 0.33% a year are below the middle of comparable funds (0.40%).
- A large fund with $38.3B under management.
- It has been running since 1984.
What to watch
- 100% of the fund is in one sector (Healthcare).
- In the last five years its price once dropped by 34% from its high.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- +8.2%
- 3 months
- +6.9%
- This year
- +8.9%
- 1 year
- +14%
- 3 years
- +11%
- 5 years
- -7.9%
- 10 years
- +15%
- Avg. market cap
- $310.8B
- P/E
- 27.3x
- Forward P/E
- 21.5x
- P/S
- 1.9x
- P/B
- 4.9x
- P/FCF
- 24.7x
- EV/EBITDA
- 18.9x
- Dividend yield
- 1.01%
- ROIC
- 11.6%
- ROE
- 29.3%
- Gross margin
- 66.9%
- Operating margin
- -1.1%
- Net margin
- -6.7%
- Payout ratio
- 27.6%
- Net debt/EBITDA
- 0.9x
- Beta
- 0.54
Weighted average of the 50 largest companies, which make up 83% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Moderately concentrated- 1 LLEli Lilly LLY 9.2%
- 2 MRMerck & Co. MRK 5.5%
- 3 JNJohnson & Johnson JNJ 5.0%
- 4 UNUnitedHealth UNH 4.4%
- 5 AstraZeneca PLC 4.3%
- 6 ISIntuitive Surgical ISRG 2.9%
- 7 GSK PLC 2.8%
- 8 ABAbbVie ABBV 2.8%
- 9 VRVertex Pharmaceuticals VRTX 2.6%
- 10 EWEdwards Lifesciences EW 2.4%
Positions in the fund: 103. The ten largest make up 42% of it.
Composition as of Oct 31, 2026.
Where is it spread?
One sector dominatesBy sector
- Healthcare 100%
By country
- United States 75%
- Other countries 25%
By company size
- Mega cap 35%
- Large cap 53%
- Mid cap 9.2%
- Small cap 2.6%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 91% of the fund.
Largest sector: Healthcare (100%). Largest country: United States (75%). Largest size group: Large cap (53%).
What does it cost me?
Cheap- A year from $10,000
- $33.00
- Over 20 years
- $1,619
From every $10,000 invested the fund takes $33.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $1,619.
How has it done?
Growing slowly- A year on average, 10 years
- +1.4%
- Deepest drop
- -34%
- Yearly volatility
- 17%
Average yearly growth over the last ten years: 1.4%. Deepest drop in these years: 34% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 3.44%
- Payments a year
- 2
- Last payment
- $7.66
Over the last 12 months it paid $7.66 per share, which is 3.44% of today's price. The last payment was $7.66 on Mar 30, 2026.
How expensive are the companies inside?
Rather expensive- P/E of the companies inside
- 27.3
- Average Bulios Score
- 62 out of 100
Weight by Bulios Fair Price
- Undervalued 14%
- Fairly valued 23%
- Overvalued 63%
On average the companies inside trade for 27.3 times their yearly profit. By Fair Price, 63% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 83% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Can I buy it as an ETF?
A mutual fund is bought from the fund company. These ETFs hold much of the same and trade on an exchange, so an ordinary broker carries them.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
IX IXJ iShares Global Healthcare ETF | United States | 0.38% | $4.65B | +23% | Pays out | 56% |
DR DRUG.AX BetaShares - Global Healthcare Currency Hedged ETF | Australia | 0.57% | $133.4M | +18% | Pays out | 55% |
IX IXJ.AX iShares Global Healthcare ETF | Australia | 0.41% | $1.17B | +15% | Pays out | 55% |
XH XHC.TO iShares Global Healthcare Index ETF (CAD-Hedged) | Canada | 0.66% | $440.7M | +21% | Pays out | 55% |
JD JDOC JPMorgan Healthcare Leaders ETF | United States | 0.65% | $13.1M | +20% | Pays out | 55% |
WH WHCA.AS iShares MSCI World Health Care Sector Advanced UCITS ETF | Ireland | 0.18% | $388.0M | +27% | Reinvests | 53% |
