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Health Care ETF gains 15.3% in Q2 driven by biotech and M&A optimism

Market News
15 Sep 2026
Seeking Alpha
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Bullish
Health Care ETF gains 15.3% in Q2 driven by biotech and M&A optimism

The Harbor Health Care ETF returned 15.30% in the second quarter of 2026, led by strong gains in biotechnology stocks fueled by clinical data and merger activity. Pharmaceutical stocks lagged due to the ETF's lower exposure to Eli Lilly, a major benchmark component. Looking ahead to Q3, the outlook for mergers and acquisitions in biopharma is even more positive, suggesting continued potential growth in this sector.

Eli Lilly (LLY) trades at USD 1,147.39 with a 1-day gain of 0.85% as of Sep 15, 2026 15:21 WIB on Pluang. The Harbor Health Care ETF's Q2 2026 return of 15.30% contrasts with its lower exposure to Eli Lilly, a major benchmark stock. This dynamic highlights the ETF's focus on biotechnology stocks, which drove its strong quarterly performance.

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