Lab · Sector Engine · Sector

Health Care across regions

Pharma, biotech, devices, payors. Defensive bucket — lowest beta to risk-on/off rotation in our 3v3 split.

Snapshot Aug 28, 2026 · 4 regions × 11 sectors · refreshed daily.

Global region-weighted

—

Top region for this sector

—

Bottom region for this sector

—

Health Care across 4 regions

Same sector, four geographies, four windows. Source ETF per region noted.

Region	5d	1m	3m	YTD	Source

Cross-region spreads — Health Care only

All six region-pair spreads on the selected window for this sector. Strongest absolute spread first.

Diary view, not advice. Methodology in methodology.md. Back to the global heatmap.

Health Care across the four regions

Pharma, biotech, devices, payors. Defensive bucket — lowest beta to risk-on/off rotation in our 3v3 split. The same sector rarely behaves the same way twice across regions — the spread between the best and worst region is the tradable information, and the table below is the current state of that spread.

Health Care — region returns · snapshot 2026-08-28 · refreshed daily
Region	5d	1m	3m	YTD	Vehicle	Confidence
US	-2.0%	+4.7%	+15.0%	+10.4%	XLV	high
Emerging Markets	+0.0%	+2.4%	-0.1%	+1.6%	EM:CN+TW+IN+KR+BR+SA+MX+ZA+ID+TH+MY+OTHER (approx.)	medium
Europe	-2.2%	-1.0%	+7.0%	-2.2%	EXV4.XETRA	high
Asia-Pac DM	+0.8%	+0.8%	+3.0%	-2.4%	1621.TSE	high

Rows sorted by YTD. The vehicle column names the tracker each cell is measured from — common vehicles for this exposure, listed for education, not recommendation. Cells flagged "approx." are built from the country-weighted approximation described in the methodology. closelook.net is an investment research diary.

FAQ · from the current data

Health Care — data Q&A

Which regions lead and lag Health Care over one month?

As of 2026-08-28: leading — US +4.7%, Emerging Markets +2.4%, Asia-Pac DM +0.8%; lagging — Europe -1.0%, Asia-Pac DM +0.8%, Emerging Markets +2.4%.

Which regions lead Health Care year-to-date?

As of 2026-08-28, year-to-date: US +10.4%, Emerging Markets +1.6%, Europe -2.2%; at the bottom: Asia-Pac DM -2.4%, Europe -2.2%, Emerging Markets +1.6%.

How is the Health Care cross-region read built?

Pharma, biotech, devices, payors. Defensive bucket — lowest beta to risk-on/off rotation in our 3v3 split. Returns are close-to-close on the vehicle series; aggregates drop a missing member and renormalise rather than impute. Part of the Closelook Sector Engine — 11 sectors × 4 regions, refreshed daily after each regional market close.

Is this investment advice?

No. The Sector Engine is a data surface in an investment research diary. It describes where sector and regional returns have been over the stated windows; vehicle names are mentioned for orientation, never as recommendations.