Shares of UnitedHealth Group (UNH) plunged 20% on Tuesday after the health care giant reported an earnings miss. The sharp selloff quickly rippled through the ETF landscape, weighing on funds with meaningful exposure to the stock.
UnitedHealth is widely held across the ETF universe, with 408 ETFs owning the shares and a combined ~145M shares held within those portfolios. As a result, outsized moves in UNH can have an amplified impact on ETFs with heavier allocations to the company, particularly those concentrated in the health care space.
Below are the 10 ETFs with the largest portfolio allocations to UNH, highlighting where the stock’s latest pullback may be felt most directly.
No. 1: iShares U.S. Healthcare Providers ETF (IHF), 23.39% allocation
No. 2: Roundhill UNH WeeklyPay ETF (UNHW), 17.41% allocation
No. 3: Simplify Health Care ETF (PINK), 9.67% allocation
No. 4: T. Rowe Price Health Care ETF (TMED), 7.46% allocation
No. 5: Health Care Select Sector SPDR Fund (XLV), 5.66% allocation
No. 6: Eagle Capital Select Equity ETF (EAGL), 5.55% allocation
No. 7: iShares U.S. Healthcare ETF (IYH), 5.49% allocation
No. 8: Pathfinder Focused Opportunities ETF (PFOE), 5.19% allocation
No. 9: Liberty One Defensive Dividend Growth ETF (EASY), 5.01% allocation
No. 10: Invesco S&P 500 Enhanced Value ETF (SPVU), 4.96% allocation
Other health care ETFs: (XLV), (VHT), (IHI), (IXJ), (IYH), (FHLC), and (FXH).