State Street Health Care Select Sector SPDR ETF

Frequently Asked Questions About XLV

What does XLV invest in?

The State Street Health Care Select Sector SPDR ETF (XLV) is designed to reflect, before expenses, the price and yield performance of the Health Care Select Sector Index. This benchmark offers a clear representation of the healthcare industry within the S&P 500. The fund provides focused exposure to companies across diverse healthcare fields, such as pharmaceuticals, medical equipment and supplies, healthcare providers and services, biotechnology, life sciences tools and services, and health technology. It allows investors to make targeted strategic or tactical allocations that are more precise than those offered by traditional style-based investment vehicles.

What is the expense ratio of XLV?

State Street Health Care Select Sector SPDR ETF (XLV) charges an expense ratio of 0.08%. This is the annual fee deducted from fund assets to cover management and operations.

How big is XLV?

State Street Health Care Select Sector SPDR ETF (XLV) manages $46.72B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is XLV actively managed or an index fund?

XLV is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (XLV's is 0.08%) because there's no security selection cost.

When was XLV launched?

State Street Health Care Select Sector SPDR ETF (XLV) launched in December 1998 and is managed by SPDR.

How has XLV performed?

XLV's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.