Vanguard Health Care Index Fund ETF Shares (VHT)

Look-through valuation · Sector · Expense ratio 0.10 % · ISIN US92204A5048

VHT Vanguard Health Care Index Fund ETF Shares VHT overvalued

Holdings vs fair value −35.9 % weighted average

Quality 67/100 avg alpha quality

Expense ratio 0.10 % per year (TER)

Fund size $ 16.8B yield 1.58 %

The look-through covers 99 % of the fund by weight (331 of 355 disclosed positions valued). Unresolved positions are left out, never estimated.

Price history (since 2004)

Monthly close since 2004. Price shows performance, the valuation verdict is in the look-through above.

Top holdings

Holding	Weight	vs fair value	Quality
Eli Lilly and Company LLY	14.2 %	−65.7 %	73
Johnson & Johnson JNJ	8.9 %	−31.6 %	84
AbbVie Inc ABBV	6.6 %	−72.3 %	75
UnitedHealth Group Incorporated UNH	5.6 %	−31.0 %	68
Merck & Company Inc MRK	4.7 %	+3.2 %	74
Amgen Inc AMGN	2.9 %	−29.7 %	67
Thermo Fisher Scientific Inc TMO	2.7 %	−43.3 %	62
Abbott Laboratories ABT	2.3 %	−16.2 %	58
Gilead Sciences Inc GILD	2.3 %	+11.2 %	77
Intuitive Surgical Inc ISRG	2.1 %	−62.7 %	57
Pfizer Inc PFE	2.0 %	+0.2 %	60
CVS Health Corp CVS	1.9 %	−59.8 %	67
Vertex Pharmaceuticals Inc VRTX	1.9 %	−42.6 %	73
Danaher Corporation DHR	1.8 %	−48.3 %	66
Bristol-Myers Squibb Company BMY	1.7 %	+25.6 %	79
Stryker Corporation SYK	1.6 %	−41.1 %	60
Medtronic PLC MDT	1.5 %	−21.5 %	62
McKesson Corporation MCK	1.4 %	+2.9 %	62
Elevance Health Inc ELV	1.2 %	+10.5 %	63
Cigna Corp CI	1.1 %	+66.4 %	65
Regeneron Pharmaceuticals Inc REGN	1.0 %	−10.5 %	66
Boston Scientific Corp BSX	0.9 %	−10.7 %	54
HCA Healthcare, Inc. HCA	0.9 %	+46.5 %	59
Cardinal Health Inc CAH	0.8 %	−37.0 %	65
Cencora Inc. COR	0.8 %	−40.7 %	56

Fair value and quality per position come from the same valuation as our stock pages. Showing the 25 largest of 355 disclosed positions. "n/a" means the position is not (yet) in our stock universe and does not enter the average.

How the look-through works

An ETF has no fair value of its own like a single stock. We build it bottom up: every holding has a fair value and a quality score on our pages. Weighted by portfolio share, that gives Vanguard Health Care Index Fund ETF Shares an average of how cheap or expensive its companies currently sit versus fair value, and how high their average quality is.

As of: Jul 17, 2026

No investment advice, no buy or sell recommendation. The look-through is a computed summary of public fundamentals and is no substitute for your own research.