XLV: The Health Care Select Sector SPDR® Fund

NAV

$108.78

as of Nov 20 2020

Base Currency

USD

Assets Under Management

$24,019.49 M

as of Nov 20 2020

Gross Expense Ratio

0.13%

Quick Links

Key Features

The Health Care Select Sector SPDR^® Fund seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the Health Care Select Sector Index (the "Index")
The Index seeks to provide an effective representation of the health care sector of the S&P 500 Index
Seeks to provide precise exposure to companies in the pharmaceuticals; health care equipment and supplies; health care providers and services; biotechnology; life sciences tools and services; and health care technology industries
Allows investors to take strategic or tactical positions at a more targeted level than traditional style based investing

About this Benchmark

The companies included in each Select Sector Index are selected on the basis of general industry classification from a universe of companies defined by the Standard & Poor's 500 Composite Stock® Index ("S&P 500®"). The eleven Select Sector Indexes (each a "Select Sector Index") upon which the Select Sector SPDR Funds are based together comprise all of the companies in the S&P 500.

The Health Care Select Sector Index includes companies from the following industries: pharmaceuticals; health care equipment and supplies; health care providers and services; biotechnology; life sciences tools and services; and health care technology.

Fund Information as of Nov 20 2020

Benchmark	Inception Date	Options Available	Gross Expense Ratio Gross Expense Ratio The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.	Base Currency	Investment Manager	Management Team
Health Care Select Sector Index	Dec 16 1998	Yes	0.13%	USD	SSGA Funds Management, Inc.	Global Equity Beta Solutions

Benchmark	Health Care Select Sector Index
Inception Date	Dec 16 1998
Options Available	Yes
Gross Expense Ratio Gross Expense Ratio The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.	0.13%
Base Currency	USD
Investment Manager	SSGA Funds Management, Inc.
Management Team	Global Equity Beta Solutions

Distributor	Distribution Frequency
ALPS Portfolio Solutions Distributor, Inc.	Quarterly

Distributor	ALPS Portfolio Solutions Distributor, Inc.
Distribution Frequency	Quarterly

Listing Information as of Nov 20 2020

Exchange	Listing Date	Trading Currency	Ticker	CUSIP	ISIN
NYSE ARCA EXCHANGE	Dec 22 1998	USD	XLV	81369Y209	US81369Y2090

Exchange	NYSE ARCA EXCHANGE
Listing Date	Dec 22 1998
Trading Currency	USD
Ticker	XLV
CUSIP	81369Y209
ISIN	US81369Y2090

Fund Characteristics as of Nov 20 2020

Est. 3-5 Year EPS Growth Estimated 3-5 Year EPS Growth Based on the underlying holdings of the fund. The actual earnings estimates for the underlying holdings are provided by FactSet, First Call, I/B/E/S Consensus, and Reuters and are used to calculate a mean 3-5 year EPS growth rate estimate.	Number of Holdings	Price/Book Ratio Price/Book Ratio The weighted harmonic average of closing market price divided by the most recent reported book value for each security in the fund's portfolio as calculated for the last twelve months.	Price/Earnings Ratio FY1 Price/Earnings Ratio FY1 The weighted harmonic average of current share price divided by the forecasted one year earnings per share for each security in the fund. Negative and positive outliers are included in the calculation.	Weighted Average Market Cap
10.18%	63	4.37	17.31	$151,584.77 M

Est. 3-5 Year EPS Growth Estimated 3-5 Year EPS Growth Based on the underlying holdings of the fund. The actual earnings estimates for the underlying holdings are provided by FactSet, First Call, I/B/E/S Consensus, and Reuters and are used to calculate a mean 3-5 year EPS growth rate estimate.	10.18%
Number of Holdings	63
Price/Book Ratio Price/Book Ratio The weighted harmonic average of closing market price divided by the most recent reported book value for each security in the fund's portfolio as calculated for the last twelve months.	4.37
Price/Earnings Ratio FY1 Price/Earnings Ratio FY1 The weighted harmonic average of current share price divided by the forecasted one year earnings per share for each security in the fund. Negative and positive outliers are included in the calculation.	17.31
Weighted Average Market Cap	$151,584.77 M

Index Characteristics as of Nov 20 2020

Est. 3-5 Year EPS Growth	Number of Holdings	Price/Cash Flow	Price/Earnings	Price/Earnings Ratio FY1
10.18%	63	15.41	24.10	17.32

Est. 3-5 Year EPS Growth	10.18%
Number of Holdings	63
Price/Cash Flow	15.41
Price/Earnings	24.10
Price/Earnings Ratio FY1	17.32

Index Statistics as of Nov 20 2020

	Average Size		Size Range
Weighted Average Market Cap	Mean	Median	Largest	Smallest
$151,580.34 M	$65,779.88 M	$35,202.14 M	$385,243.97 M	$6,567.02 M

Weighted Average Market Cap	$151,580.34 M
Average Size
Mean	$65,779.88 M
Median	$35,202.14 M
Size Range
Largest	$385,243.97 M
Smallest	$6,567.02 M

Yields as of Nov 20 2020

30 Day SEC Yield 30 Day SEC Yield (Also known as Standardized Yield) An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price.	30 Day SEC Yield (Unsubsidized) 30 Day SEC Yield (Unsubsidized) An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price that does not account for expense ratio waivers.	Fund Dividend Yield Fund Dividend Yield The sum of the most recent 12 dividends within the past 365 days divided by Net Asset Value per share, expressed as a percentage.	Index Dividend Yield Index Dividend Yield The weighted average of the underlyings' indicated annual dividend divided by price, expressed as a percentage.
1.52%	-	1.51%	1.66%

30 Day SEC Yield 30 Day SEC Yield (Also known as Standardized Yield) An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price.	1.52%
30 Day SEC Yield (Unsubsidized) 30 Day SEC Yield (Unsubsidized) An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price that does not account for expense ratio waivers.	-
Fund Dividend Yield Fund Dividend Yield The sum of the most recent 12 dividends within the past 365 days divided by Net Asset Value per share, expressed as a percentage.	1.51%
Index Dividend Yield Index Dividend Yield The weighted average of the underlyings' indicated annual dividend divided by price, expressed as a percentage.	1.66%

Fund Market Price as of Nov 20 2020

Bid/Ask Bid/Ask Mid Point (Also known as Mid Price) The price between the best price of the sellers for a trading unit of a given security and the best price of the buyer of a trading unit of a given security.	Closing Price Closing Price Market Price of last reported trade on the exchange.	Day High	Day Low	Exchange Volume (Shares) Exchange Volume (shares) Represents the volume of shares traded on the ETF's primary exchange throughout the previous business day.	Premium/Discount Premium/Discount to NAV Shows the comparison of the daily net asset value (NAV) and the Midpoint of the closing bid/ask for each of the funds calculated as ((4PM Bid/Ask - Closing NAV) / Closing NAV * 100)	30-Day Median Bid/Ask Spread The median bid-ask spread is calculated by identifying national best bid and national best offer ("NBBO") for each Fund as of the end of each 10 second interval during each trading day of the last 30 calendar days and dividing the difference between each such bid and offer by the midpoint of the NBBO. The median of those values is identified and posted on each business day.
$108.77	$108.80	$109.30	$108.42	1,116,004	-0.01%	0.01%

Bid/Ask Bid/Ask Mid Point (Also known as Mid Price) The price between the best price of the sellers for a trading unit of a given security and the best price of the buyer of a trading unit of a given security.	$108.77
Closing Price Closing Price Market Price of last reported trade on the exchange.	$108.80
Day High	$109.30
Day Low	$108.42
Exchange Volume (Shares) Exchange Volume (shares) Represents the volume of shares traded on the ETF's primary exchange throughout the previous business day.	1,116,004
Premium/Discount Premium/Discount to NAV Shows the comparison of the daily net asset value (NAV) and the Midpoint of the closing bid/ask for each of the funds calculated as ((4PM Bid/Ask - Closing NAV) / Closing NAV * 100)	-0.01%
30-Day Median Bid/Ask Spread The median bid-ask spread is calculated by identifying national best bid and national best offer ("NBBO") for each Fund as of the end of each 10 second interval during each trading day of the last 30 calendar days and dividing the difference between each such bid and offer by the midpoint of the NBBO. The median of those values is identified and posted on each business day.	0.01%

Premium Discount to NAV Graph and Summary
The line graph and table below show historical information about the differences between the daily closing price for shares of the fund (as determined by the fund’s listing exchange) and the fund’s net asset value over certain periods. The vertical axis of the line graph shows the premium/discount expressed as a percentage of NAV. The horizontal axis indicates the date at which the premium/discount occurred. The table shows the number of trading days in which the fund traded at a premium or at a discount to NAV.

x axis: Dates

y axis: Premium or Discount (bps)

Number of Days Summary

	Calendar Year 2019	First Quarter of 2020	Second Quarter of 2020	Third Quarter of 2020
Days Traded at Premium Number of days the ETF closing price was above the NAV.	135	28	21	32
Days Traded at Discount Number of days the ETF closing price was below the NAV.	117	34	42	32

Days Traded at Premium Number of days the ETF closing price was above the NAV.
Calendar Year 2019	135
First Quarter of 2020	28
Second Quarter of 2020	21
Third Quarter of 2020	32
Days Traded at Discount Number of days the ETF closing price was below the NAV.
Calendar Year 2019	117
First Quarter of 2020	34
Second Quarter of 2020	42
Third Quarter of 2020	32

Fund Data

Because ETFs trade like stocks at current market prices, shareholders may pay more than a fund’s NAV when purchasing fund shares and may receive less than a fund’s NAV when selling fund shares.

Before investing, consider the funds' investment objectives, risks, charges and expenses. To obtain a prospectus or summary prospectus which contains this and other information, call 1-866-787-2257 download a prospectus or summary prospectus now, or talk to your financial advisor. Read it carefully before investing.

Fund Net Cash Amount as of Nov 20 2020

Net Cash Amount
$18,706,882.91

Net Cash Amount

$18,706,882.91

Fund Net Asset Value as of Nov 20 2020

NAV NAV The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.	Shares Outstanding	Assets Under Management
$108.78	220.82 M	$24,019.49 M

NAV NAV The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.	$108.78
Shares Outstanding	220.82 M
Assets Under Management	$24,019.49 M

Most Recent NAV / NAV History

Fund Performance

Fund Inception Date: Dec 16 1998

Performance

Month End Quarter End

as of Oct 31 2020

as of Sep 30 2020

	As Of	1 Month	QTD	YTD	1 Year	3 Year	5 Year	10 Year	Since Inception Dec 16 1998
Fund Before Tax
NAV	Oct 31 2020	-3.68%	-3.68%	1.03%	9.90%	9.82%	9.20%	14.54%	8.36%
Market Value	Oct 31 2020	-3.52%	-3.52%	1.15%	9.95%	9.85%	9.22%	14.54%	8.37%
Health Care Select Sector Index	Oct 31 2020	-3.68%	-3.68%	1.15%	10.06%	9.96%	9.36%	14.73%	8.59%
Fund After Tax
Return after Taxes on Distributions	Oct 31 2020	-3.68%	-3.68%	0.51%	9.00%	9.23%	8.68%	14.07%	8.04%
Return after Taxes on Distributions and Sale of Fund Shares	Oct 31 2020	-2.18%	-2.18%	0.59%	5.98%	7.48%	7.14%	12.16%	7.13%
Health Care Select Sector Index	Oct 31 2020	-3.68%	-3.68%	1.15%	10.06%	9.96%	9.36%	14.73%	8.59%

	As Of	1 Month	QTD	YTD	1 Year	3 Year	5 Year	10 Year	Since Inception Dec 16 1998
Fund Before Tax
NAV	Sep 30 2020	-2.14%	5.84%	4.90%	19.90%	10.91%	11.66%	15.21%	8.59%
Market Value	Sep 30 2020	-2.18%	5.82%	4.84%	19.78%	10.88%	11.67%	15.20%	8.58%
Health Care Select Sector Index	Sep 30 2020	-2.15%	5.87%	5.01%	20.11%	11.06%	11.83%	15.40%	8.81%
Fund After Tax
Return after Taxes on Distributions	Sep 30 2020	-2.31%	5.66%	4.35%	18.93%	10.31%	11.14%	14.74%	8.26%
Return after Taxes on Distributions and Sale of Fund Shares	Sep 30 2020	-1.27%	3.45%	2.87%	11.89%	8.33%	9.15%	12.77%	7.33%
Health Care Select Sector Index	Sep 30 2020	-2.15%	5.87%	5.01%	20.11%	11.06%	11.83%	15.40%	8.81%

Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted. Performance of an index is not illustrative of any particular investment. It is not possible to invest directly in an index.

Performance returns for periods of less than one year are not annualized. Performance is shown net of fees.

The market price used to calculate the Market Value return is the midpoint between the highest bid and the lowest offer on the exchange on which the shares of the Fund are listed for trading, as of the time that the Fund's NAV is calculated. If you trade your shares at another time, your return may differ.

Gross Expense Ratio: 0.13%

Top Holdings
Subject to change.

Top Holdings

Fund Top Holdingsas of Nov 20 2020

Index Top Holdingsas of Nov 20 2020

Fund Top Holdings as of Nov 20 2020

Name	Shares Held	Weight
Johnson & Johnson	15,598,571	9.44%
UnitedHealth Group Incorporated	5,630,441	7.79%
Pfizer Inc.	32,922,614	4.99%
Merck & Co. Inc.	14,984,866	4.98%
Abbott Laboratories	10,489,767	4.81%
Thermo Fisher Scientific Inc.	2,343,757	4.37%
AbbVie Inc.	10,456,036	4.36%
Medtronic Plc	7,963,987	3.63%
Danaher Corporation	3,740,690	3.49%
Bristol-Myers Squibb Company	13,353,848	3.40%

Download All Holdings: Daily

Index Top Holdings as of Nov 20 2020

Name	Weight
Johnson & Johnson	9.45%
UnitedHealth Group Incorporated	7.80%
Pfizer Inc.	5.00%
Merck & Co. Inc.	4.99%
Abbott Laboratories	4.81%
Thermo Fisher Scientific Inc.	4.38%
AbbVie Inc.	4.36%
Medtronic Plc	3.63%
Danaher Corporation	3.50%
Bristol-Myers Squibb Company	3.41%

Industry Allocation

Fund Industry Allocationas of Nov 20 2020

Index Industry Allocationas of Nov 20 2020

Fund Industry Allocation as of Nov 20 2020

Sector	Weight
Pharmaceuticals	28.70%
Health Care Equipment & Supplies	28.10%
Health Care Providers & Services	19.80%
Biotechnology	14.09%
Life Sciences Tools & Services	8.76%
Health Care Technology	0.55%

Index Industry Allocation as of Nov 20 2020

Sector	Weight
Pharmaceuticals	28.70%
Health Care Equipment & Supplies	28.10%
Health Care Providers & Services	19.80%
Biotechnology	14.09%
Life Sciences Tools & Services	8.76%
Health Care Technology	0.55%

Fund Documents

Tax Documents

Information & Schedules

Insights & Resources

Purchase Information

Buying and Selling ETFs

ETFs are flexible and easy to trade. Investors buy and sell them like stocks, typically through a brokerage account. Investors can also employ traditional stock trading techniques; including stop orders, limit orders, margin purchases, and short sales using ETFs. They are listed on major US Stock Exchanges.

ETFs are subject to risk similar to those of stocks including those regarding short-selling and margin account maintenance.

Ordinary brokerage commissions apply.

Fund Footnotes

There are no sales loads on Select Sector SPDR shares but ordinary brokerage commissions apply and this expense is not reflected in performance calculations.

In general, ETFs can be expected to move up or down in value with the value of the applicable index. Although ETF shares may be bought and sold on the exchange through any brokerage account, ETF shares are not individually redeemable from the Fund. Investors may acquire ETFs and tender them for redemption through the Fund in Creation Unit Aggregations only. Please see the prospectus for more details.

After-tax returns are calculated based on NAV using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor's tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.

Unless Otherwise noted all information contained herein is that of The Health Care Select Sector SPDR ETF.

Performance of an index is not illustrative of any particular investment. It is not possible to invest directly in an index.

Holdings and sectors shown are as of the date indicated and are subject to change. This information should not be considered a recommendation to invest in a particular sector or to buy or sell any security shown. It is not known whether the sectors or securities shown will be profitable in the future.

As with all stocks, you may be required to deposit more money or securities into your margin account if the equity, including the amount attributable to your ETF shares, declines.

All total return figures assume reinvestment of dividend and capital gains at net assets value; actual returns may differ.

The Health Care Select Sector SPDR® Fund XLV

Important Risk Disclosure

Key Features

About this Benchmark

Fund Information as of Nov 20 2020

Listing Information as of Nov 20 2020

Fund Characteristics as of Nov 20 2020

Index Characteristics as of Nov 20 2020

Index Statistics as of Nov 20 2020

Yields as of Nov 20 2020

Fund Market Price as of Nov 20 2020

Number of Days Summary

Fund Net Cash Amount as of Nov 20 2020

Fund Net Asset Value as of Nov 20 2020

Fund Performance

Top Holdings
Subject to change.

Fund Top Holdings as of Nov 20 2020

Index Top Holdings as of Nov 20 2020

Industry Allocation

Fund Industry Allocation as of Nov 20 2020

Index Industry Allocation as of Nov 20 2020

Purchase Information

The Health Care Select Sector SPDR® Fund XLV

Important Risk Disclosure

Key Features

About this Benchmark

Fund Information as of Nov 20 2020

Listing Information as of Nov 20 2020

Fund Characteristics as of Nov 20 2020

Index Characteristics as of Nov 20 2020

Index Statistics as of Nov 20 2020

Yields as of Nov 20 2020

Fund Market Price as of Nov 20 2020

Number of Days Summary

Fund Net Cash Amount as of Nov 20 2020

Fund Net Asset Value as of Nov 20 2020

Fund Performance

Top HoldingsSubject to change.

Fund Top Holdings as of Nov 20 2020

Index Top Holdings as of Nov 20 2020

Industry Allocation

Fund Industry Allocation as of Nov 20 2020

Index Industry Allocation as of Nov 20 2020

Purchase Information

Top Holdings
Subject to change.