ETFs signal
FHLC

FHLC

Fidelity MSCI Health Care Index ETF

ETFsPCXUSD-3.5% from ATH
Current Price

$73.77

Drawdown from ATH

-3.5%

Last Updated

Jun 17, 2026

Dipsern Grade90d

D

Weak

Graded against FHLC's own history at this drawdown — not the market's.

What it means: FHLC's own history does not strongly favor buying at this level yet.

What to do: Consider watching and waiting for a deeper dip or a higher grade.

Median 90-Day Return
Historical Win Rate
Last 30 days+4.89%
May 5Jun 16
About FHLC

Fidelity MSCI Health Care Index ETF

The fund invests at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Health Care 25/50 Index, which represents the performance of the health care sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Health Care 25/50 Index. The fund is non-diversified.

The reading

How Dipsern reads FHLC right now.

Three plain-English paragraphs — current state, historical base rate, and interpretation — so you walk away with context, not a dashboard.

Snapshot

How is FHLC doing right now?

In plain terms: FHLC is 3.5% below its highest-ever price. Dipsern checks every past time it was this far down and grades how the next 90 days usually went.

Fidelity MSCI Health Care Index ETF (FHLC) sits 3.5% off its peak and is currently in a shallow pullback, last printing at $73.77. Shallow pullbacks like this are routine — historically ETFs assets revisit a 5-10% dip several times a year, and most resolve back to highs within weeks.

Historical base rate

What history says at this drawdown

Across all available history, FHLC has spent enough trading days in the 5%-to-0% drawdown band to build a large sample (1730 observations). Dipsern segments these by drawdown depth and computes the rolling median forward 90-day return — that median is the primary signal you see in the full app, and it's substantially more robust than mean-based forecasts because it ignores fat-tail outliers in both directions.

Interpretation

What this means for FHLC

For broad-index ETFs the historical base rate is exceptionally stable; for narrow thematic ETFs (e.g., ARKK, cannabis, leveraged), drawdowns are deeper and the sample size at each band is smaller. Shallow pullbacks are where dip-buying frameworks start to pay off, but only marginally. The median forward return in shallow bands is usually positive but not dramatic.

Comparable signals

Other ETFs at similar drawdown levels

Five tickers closest to FHLC's distance from all-time high. Same category, one tap away.

JPMorgan Equity Premium Income ETF

-3.5% from ATH

iShares Biotechnology ETF

-3.4% from ATH

iShares iBoxx $ Investment Grade Corporate Bond ETF

-3.6% from ATH

Vanguard Health Care ETF

-3.7% from ATH

Vanguard Consumer Discretionary ETF

-3.7% from ATH

Historical depth

Sample sizes by drawdown band

Dipsern segments the full drawdown range into 20 equal-width bands. The table shows the number of confirmed historical observations in each band for FHLC. Median forward returns, win rates, and prediction errors are available in the full analysis.

Drawdown BandObservationsMedian ReturnWin Rate
-30% to -25%2
-25% to -20%7
-20% to -15%76
-15% to -10%421
-10% to -5%881
-5% to 0%Current1730
Methodology

Every grade is reproducible.

We segment 40+ years of FHLC's price history into 20 equal-width drawdown bands and compute forward median returns, win rates, and prediction error per band. No look-ahead bias. Pure NumPy. Open math, gated numbers.

Years of history

40+

Drawdown bands

20

Look-ahead bias

None

Data sources

4

Unlock FHLC's full analysis

See the Dipsern grade, median returns, win rates, prediction accuracy, 8 interactive charts, historical price paths, and a plain-English verdict for FHLC.

Dipsern is research and a second opinion — not a broker. You'd buy FHLC at your own broker.

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Signal computed Jun 17, 2026 using default parameters (90-day return period, 20 segments, 0.95 decay). Data sourced from Yahoo Finance, Binance, CoinGecko, and Steam Market.