MSCI World Health Care Index

The healthcare sector is considered defensive but depends heavily on regulation, patent expiries and reimbursement decisions.

The constituents come from the MSCI World, where the history and composition of the full index are shown.

The ten largest holdings make up 48.7% of the MSCI World Gesundheitswesen, out of 113 holdings in total; the largest sector is Pharmaceuticals at 46.6% (as of Oct 31, 2026).

Composition – 50 Largest Holdings

Based on: Xtrackers MSCI World Health Care UCITS ETF 1c · as of Oct 31, 2026 · 113 holdings

Composition – 50 largest holdings

#	Stock	Ticker	Sector	Country	Weight
1	Eli Lilly and Company	LLY	Pharmaceuticals	United States	12.12%
2	Johnson & Johnson	JNJ	Pharmaceuticals	United States	7.30%
3	AbbVie Inc.	ABBV	Biotechnology	United States	5.67%
4	UnitedHealth Group Incorporated	UNH	Managed Health Care	United States	4.11%
5	Merck & Co. Inc.	MRK	Pharmaceuticals	United States	3.98%
6	Roche PS Par AG		Pharmaceuticals	Switzerland	3.76%
7	Novartis AG	NOVN	Pharmaceuticals	Switzerland	3.23%
8	Astrazeneca plc	AZN	Pharmaceuticals	United Kingdom	2.91%
9	Thermo Fisher Scientific Inc.	TMO	Life Sciences Tools & Services	United States	2.91%
10	Amgen Inc.	AMGN	Biotechnology	United States	2.74%

Show holdings 11 to 50

• Gilead Sciences Inc. 2.27%
• Abbott Laboratories 2.01%
• Pfizer Inc. 1.88%
• Intuitive Surgical Inc. 1.75%
• Danaher Corporation 1.66%
• Vertex Pharmaceuticals Incorporated 1.51%
• Bristol-Myers Squibb Company 1.38%
• Novo Nordisk A/S Class B 1.38%
• Medtronic Plc 1.37%
• CVS Health Corporation 1.27%
• McKesson Corporation 1.27%
• Stryker Corporation 1.19%
• Glaxosmithkline 1.08%
• Sanofi SA 1.02%
• Elevance Health Inc. 1.01%
• Regeneron Pharmaceuticals Inc. 0.93%
• Cigna Group 0.87%
• HCA Healthcare Inc 0.82%
• CSL Limited 0.73%
• Takeda Pharmaceutical Co. Ltd. 0.72%
• Boston Scientific Corporation 0.70%
• Cencora Inc. 0.67%
• Natera Inc. 0.65%
• Cardinal Health Inc. 0.65%
• Essilorluxottica SA 0.64%
• argenx SE 0.62%
• Hoya Corp. 0.62%
• Becton Dickinson 0.60%
• Lonza Group AG 0.60%
• Edwards Lifesciences Corporation 0.60%
• Bayer AG 0.58%
• Agilent Technologies Inc. 0.56%
• Humana Inc. 0.55%
• Teva Pharmaceutical Industries Limited 0.54%
• Waters Corporation 0.52%
• IQVIA Holdings Inc 0.51%
• IDEXX Laboratories Inc. 0.50%
• Veeva Systems Inc. Class A 0.50%
• Illumina Inc. 0.47%
• Galderma Group N AG 0.47%

Sectors

Pharmaceuticals46.6%

Biotechnology17.8%

Health Care Equipment11.8%

Life Sciences Tools & Services8.4%

Managed Health Care6.1%

Health Care Services2.9%

Health Care Distributors2.7%

Health Care Supplies2.0%

Health Care Facilities1.1%

Health Care Technology0.6%

Countries

United States74.6%

Switzerland9.8%

United Kingdom4.1%

Japan3.3%

France1.9%

Denmark1.9%

Germany1.4%

Netherlands1.0%

Israel0.5%

Belgium0.5%

Australia0.2%

New Zealand0.2%

Data note 2

MSCI World Health Care Index Funds and ETFs