Healthcare Provider Stocks
Top 10 of 61 IHF holdings, updated
As of 12 October 2026, healthcare provider stocks are trailing the S&P 500, over the past month and over the longer run. IHF trails the S&P 500 by 0.9 points over one month and ranks #25 of 115 groups Zensei tracks. 31 of the 61 healthcare provider stocks Zensei prices in IHF beat the fund this month.
Where healthcare provider stocks stand now
As of 12 October 2026, Health Care Providers (IHF) ranks #25 of the 115 groups Zensei tracks by one-month return against the S&P 500. It is out of favor: it trails the S&P 500 on both rotation windows — 0.9 points behind over the past month and 3.5 points behind over the longer, time-shifted window. That is the Underperformers quadrant.
On the shorter tape, IHF's momentum reads strong: the recent hourly trend is positive across every lookback Zensei measures. IHF's relative-strength line has broken below its long-term average — the long-term outperformance trend is no longer intact. That tension — a firm short-term tape against a damaged longer trend — is usually resolved within a few weeks, one way or the other.
The exposure comes via iShares U.S. Healthcare Providers ETF, whose 61 tracked holdings are led by UnitedHealth Group, CVS Health Corp and Elevance Health Inc. Weighted by portfolio, the fund's holdings trade at roughly 21.3× earnings. The thing to watch from here is the one-month spread: underperformers only become interesting when the recent window turns positive first — until then, the market is voting elsewhere.
As of , these are the largest healthcare provider stocks in IHF by fund weight, and the strongest over the past month. Size and recent return are measurements, not recommendations.
Top healthcare provider stocks by fund weight
Ranked by largest share of IHF
- 1UnitedHealth GroupUNH21.9%
- 2CVS Health CorpCVS12.1%
- 3Elevance Health IncELV9.5%
- 4Veeva Systems IncVEEV5.0%
- 5HCA Healthcare IncHCA4.7%
Best healthcare provider stocks this month
Ranked by one-month return, among the holdings Zensei prices
- 1Schrodinger IncSDGR+36.2%
- 2Option Care Health IncOPCH+32.5%
- 3Certara IncCERT+22.4%
- 4Doximity IncDOCS+19.5%
- 5HNGEHNGE+18.3%
Healthcare Provider Stocks vs the S&P 500
Over the week to 12 October 2026, IHF rose 2.0% while the S&P 500 rose 0.4%. The table compares IHF and SPY (the S&P 500) over every window Zensei tracks. The spread is the difference: positive means IHF won that window.
Prices as of · computed from daily adjusted closes · how we measure
Health Care Providers on the rotation map, against the 11 broad S&P 500 sectors. Vertical: 1-month spread vs the S&P 500. Horizontal: the longer, time-shifted window.
Are healthcare provider stocks expensive?
The price-to-earnings ratio of IHF as a whole: the total price of its holdings over their total earnings, weighted by share of the fund. Holdings that lose money are left out. Compare with every sector and theme: P/E ratio by sector.
IHF holdings: the healthcare provider stocks inside
This list covers all 61 healthcare provider stocks in IHF, heaviest first; the 10 largest show their returns where Zensei has a price. As of 12 October 2026, 31 of the 61 healthcare provider stocks Zensei prices in IHF beat the fund over the past month. 27 of them beat the S&P 500. The strongest is Schrodinger Inc (SDGR); the weakest is Alignment Healthcare Inc (ALHC). Inside the fund, one or two outliers drive most of the move.
| # | Holding | Weight | 1M | 3M | vs fund 1M | Momentum | RS health |
|---|---|---|---|---|---|---|---|
| 1 | UNHUnitedHealth Group | 21.9% | +0.3% | −11.4% | −0.9 pts | Weak | Broken |
| 2 | CVSCVS Health Corp | 12.1% | −7.3% | −16.6% | −8.5 pts | Weak | Broken |
| 3 | ELVElevance Health Inc | 9.5% | +0.8% | −0.3% | −0.4 pts | Weak | Strong |
| 4 | VEEVVeeva Systems Inc | 5.0% | +12.7% | +50.3% | |||
| 5 | HCAHCA Healthcare Inc | 4.7% | +7.6% | +17.6% | |||
| 6 | HUMHumana Inc | 4.6% | +5.8% | +6.7% | |||
| 7 | CIThe Cigna Group | 4.5% | +0.9% | −6.5% | |||
| 8 | CNCCentene Corp | 4.2% | +0.9% | −1.9% | |||
| 9 | LHLabcorp Holdings Inc | 3.3% | +1.3% | +14.3% | |||
| 10 | DGXQuest Diagnostics Inc | 3.3% | −0.6% | +12.6% |
All 61 IHF holdings by weight: UnitedHealth Group (UNH) 21.9%, CVS Health Corp (CVS) 12.1%, Elevance Health Inc (ELV) 9.5%, Veeva Systems Inc (VEEV) 5.0%, HCA Healthcare Inc (HCA) 4.7%, Humana Inc (HUM) 4.6%, The Cigna Group (CI) 4.5%, Centene Corp (CNC) 4.2%, Labcorp Holdings Inc (LH) 3.3%, Quest Diagnostics Inc (DGX) 3.3%, Guardant Health Inc (GH) 3.0%, Tenet Healthcare Corp (THC) 2.7%, Encompass Health Corp (EHC) 1.6%, Brightspring Health Services Inc (BTSG) 1.4%, Molina Healthcare Inc (MOH) 1.3%, Ensign Group Inc (ENSG) 1.3%, Universal Health Services Inc (UHS) 1.2%, Healthequity Inc (HQY) 1.0%, Chemed Corp (CHE) 0.9%, Hims & Hers Health (HIMS) 0.8%, Davita Inc (DVA) 0.8%, HNGE 0.8%, Radnet Inc (RDNT) 0.7%, Option Care Health Inc (OPCH) 0.6%, Concentra Group Holdings Parent Inc (CON) 0.6%, Doximity Inc (DOCS) 0.5%, Heartflow Inc (HTFL) 0.4%, LFST 0.4%, Waystar Holding Corp (WAY) 0.4%, National Healthcare Corp (NHC) 0.4%, Acadia Healthcare Co Inc (ACHC) 0.4%, Privia Health Group Inc (PRVA) 0.3%, Brookdale Senior Living Inc (BKD) 0.3%, Corvel Corp (CRVL) 0.3%, BLLN 0.3%, Neogenomics Inc (NEO) 0.3%, Pediatrix Medical Group Inc (MD) 0.3%, Addus Homecare Corp (ADUS) 0.3%, Pacs Group Inc (PACS) 0.3%, CLOV 0.3%, Progyny Inc (PGNY) 0.3%, WGS 0.2%, Schrodinger Inc (SDGR) 0.2%, Alignment Healthcare Inc (ALHC) 0.2%, Astrana Health Inc (ASTH) 0.2%, Aveanna Healthcare Holdings Inc (AVAH) 0.2%, AMN Healthcare Services Inc (AMN) 0.2%, Pennant Group Inc (PNTG) 0.2%, US Physical Therapy Inc (USPH) 0.2%, Omada Health Inc (OMDA) 0.1%, Agilon Health Inc (AGL) 0.1%, Certara Inc (CERT) 0.1%, Surgery Partners Inc (SGRY) 0.1%, Teladoc Health Inc (TDOC) 0.1%, Castle Biosciences Inc (CSTL) 0.1%, Healthstream Inc (HSTM) 0.1%, Opko Health Inc (OPK) 0.1%, Phreesia Inc (PHR) 0.1%, Fulgent Genetics Inc (FLGT) 0.1%, Evolent Health Inc (EVH) 0.1%, Community Health Systems Inc (CYH) 0.0%.
Healthcare Provider stocks with their own page
Zensei publishes a page for 1 of the stocks in IHF; each page shows the stock against the S&P 500 and its sector.
| Stock | Ticker | Weight in IHF | 1M return |
|---|---|---|---|
| UnitedHealth Group | UNH | 21.9% | +0.3% |
Weight is the share of IHF. 1M is the plain one-month return to the close of . All stock pages
Healthcare Provider Stocks: common questions
Healthcare provider stocks list: which stocks are in IHF?
As of 12 October 2026, IHF holds 61 healthcare provider stocks, and this page lists all 61. The three largest by fund weight are UnitedHealth Group (UNH, 21.9%), CVS Health Corp (CVS, 12.1%) and Elevance Health Inc (ELV, 9.5%). Each one shows its fund weight; the 10 largest also show their one-month and three-month returns where Zensei has a price.
What are the best healthcare provider stocks this month?
As of 12 October 2026, ranked by one-month return, the three strongest healthcare provider stocks in IHF are Schrodinger Inc (SDGR, +36.2%), Option Care Health Inc (OPCH, +32.5%) and Certara Inc (CERT, +22.4%). This ranks past return only; it does not forecast the next month.
What are the top 3 healthcare provider stocks?
As of 12 October 2026, the three largest healthcare provider stocks in IHF by fund weight are UnitedHealth Group (UNH, 21.9%), CVS Health Corp (CVS, 12.1%) and Elevance Health Inc (ELV, 9.5%). Fund weight shows size inside the fund, not a recommendation.
Which healthcare provider stocks are beating the sector?
As of 12 October 2026, 31 of the 61 healthcare provider stocks Zensei prices in IHF beat the fund over the past month. The strongest over the past month is Schrodinger Inc (SDGR). The table above shows the largest holdings with their weights and returns.
Which ETF holds healthcare provider stocks?
Several ETFs hold healthcare provider stocks. Zensei tracks the group through IHF, the iShares U.S. Healthcare Providers ETF. As of 12 October 2026, its published holdings list 61 healthcare provider stocks, and the 10 largest make up 73.1% of the fund.
Are healthcare provider stocks outperforming the S&P 500?
No. As of 12 October 2026, IHF trails the S&P 500 by 0.9 points over the past month.
What is IHF?
IHF is iShares U.S. Healthcare Providers ETF. Zensei uses it to measure healthcare provider stocks against the S&P 500 (SPY).
What stocks does IHF own?
As of 12 October 2026, the largest of the 61 positions Zensei tracks in IHF are UnitedHealth Group, CVS Health Corp, Elevance Health Inc, Veeva Systems Inc, HCA Healthcare Inc. Each position measured against the fund, with momentum and relative strength, is part of Zensei Premium.
What quadrant is health care providers in right now?
As of 12 October 2026, health care providers is in the Underperformers quadrant — trailing the S&P 500 on both windows. The Zensei methodology page explains the quadrants.
Recent changes
- ·First tracked: trailing the market
Related sectors
Track health care providers against the whole market
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