The Health Care Select Sector SPDR® Fund XLV

NAV
$133.79
as of Jan 26 2023
Base Currency
USD
Assets Under Management
$41,123.90 M
as of Jan 26 2023
Gross Expense Ratio
0.10%

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 Jan 28 2023

Benchmark Health Care Select Sector Index
Inception Date Dec 16 1998
Options Available Yes
Gross Expense Ratio
0.10%
Base Currency USD
Administrator State Street Global Advisors Funds Management Inc.
Investment Manager SSGA Funds Management, Inc.
Management Team Global Equity Beta Solutions
Distributor ALPS Portfolio Solutions Distributor, Inc.
Distribution Frequency Quarterly

Listing Information as of Jan 28 2023

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

Fund Characteristics as of Jan 26 2023

Est. 3-5 Year EPS Growth
6.72%
Number of Holdings 64
Price/Book Ratio
4.67
Price/Earnings Ratio FY1
16.35
Weighted Average Market Cap $200,541.06 M

Index Characteristics as of Jan 26 2023

Est. 3-5 Year EPS Growth 6.72%
Number of Holdings 64
Price/Cash Flow 14.99
Price/Earnings 22.26
Price/Earnings Ratio FY1 16.35

Index Statistics as of Jan 26 2023

Average Size Size Range
Weighted Average Market Cap Mean Median Largest Smallest
$200,553.73 M $80,375.08 M $41,612.36 M $460,468.80 M $7,173.18 M

Yields as of Jan 26 2023

30 Day SEC Yield
1.52%
30 Day SEC Yield (Unsubsidized)
-
Fund Distribution Yield
1.49%
Index Dividend Yield
1.62%

Fund Market Price as of Jan 26 2023

Bid/Ask
$133.78
Closing Price
$133.77
Day High $133.95
Day Low $132.74
Exchange Volume (Shares)
1,595,363
Premium/Discount
-0.01%
30-Day Median Bid/Ask Spread
0.01%

Premium Discount to NAV Graph and Summary

Number of Days Summary

Calendar Year 2022
Days Traded at Premium
160
Days Traded at Discount
91

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 Jan 26 2023

Net Cash Amount $67,616,969.07

Fund Net Asset Value as of Jan 26 2023

NAV
$133.79
Shares Outstanding 307.37 M
Assets Under Management $41,123.90 M

Fund Performance

  • Fund Inception Date: Dec 16 1998

as of Dec 31 2022

As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Dec 16 1998
Fund Before Tax
NAV Dec 31 2022 -1.91% 12.74% -2.05% -2.05% 11.79% 12.37% 14.88% 9.04%
Market Value Dec 31 2022 -1.86% 12.67% -2.06% -2.06% 11.80% 12.35% 14.88% 9.04%
Health Care Select Sector Index Dec 31 2022 -1.91% 12.80% -1.95% -1.95% 11.95% 12.52% 15.05% 9.27%
Fund After Tax
Return after Taxes on Distributions Dec 31 2022 -2.07% 12.56% -2.66% -2.66% 11.28% 11.84% 14.39% 8.71%
Return after Taxes on Distributions and Sale of Fund Shares Dec 31 2022 -1.13% 7.54% -1.23% -1.23% 9.06% 9.72% 12.43% 7.80%
Health Care Select Sector Index Dec 31 2022 -1.91% 12.80% -1.95% -1.95% 11.95% 12.52% 15.05% 9.27%

as of Dec 31 2022

As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Dec 16 1998
Fund Before Tax
NAV Dec 31 2022 -1.91% 12.74% -2.05% -2.05% 11.79% 12.37% 14.88% 9.04%
Market Value Dec 31 2022 -1.86% 12.67% -2.06% -2.06% 11.80% 12.35% 14.88% 9.04%
Health Care Select Sector Index Dec 31 2022 -1.91% 12.80% -1.95% -1.95% 11.95% 12.52% 15.05% 9.27%
Fund After Tax
Return after Taxes on Distributions Dec 31 2022 -2.07% 12.56% -2.66% -2.66% 11.28% 11.84% 14.39% 8.71%
Return after Taxes on Distributions and Sale of Fund Shares Dec 31 2022 -1.13% 7.54% -1.23% -1.23% 9.06% 9.72% 12.43% 7.80%
Health Care Select Sector Index Dec 31 2022 -1.91% 12.80% -1.95% -1.95% 11.95% 12.52% 15.05% 9.27%

Past performance is not a reliable indicator of future performance. 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.  All results are historical and assume the reinvestment of dividends and capital gains. 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.

Index returns are unmanaged and do not reflect the deduction of any fees or expenses. Index returns reflect all items of income, gain and loss and the reinvestment of dividends and other income as applicable.

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: 0.10%


Top Holdings

as of Jan 26 2023
as of Jan 26 2023

Fund Top Holdings as of Jan 26 2023

Name Shares Held Weight
UnitedHealth Group Incorporated 7,616,684 9.16%
Johnson & Johnson 21,312,708 8.79%
Eli Lilly and Company 6,428,867 5.47%
Merck & Co. Inc. 20,668,124 5.40%
AbbVie Inc. 14,416,390 5.19%
Pfizer Inc. 45,758,596 4.95%
Thermo Fisher Scientific Inc. 3,197,024 4.51%
Abbott Laboratories 14,213,303 3.86%
Danaher Corporation 5,340,763 3.47%
Bristol-Myers Squibb Company 17,331,940 3.09%
Download All Holdings: Daily

Index Top Holdings as of Jan 26 2023

Name Weight
UnitedHealth Group Incorporated 9.17%
Johnson & Johnson 8.80%
Eli Lilly and Company 5.47%
Merck & Co. Inc. 5.40%
AbbVie Inc. 5.19%
Pfizer Inc. 4.95%
Thermo Fisher Scientific Inc. 4.51%
Abbott Laboratories 3.86%
Danaher Corporation 3.47%
Bristol-Myers Squibb Company 3.09%

Industry Allocation

as of Jan 26 2023
as of Jan 26 2023

Fund Industry Allocation as of Jan 26 2023

Sector Weight
Pharmaceuticals 29.89%
Health Care Providers & Services 22.62%
Health Care Equipment & Supplies 18.91%
Biotechnology 15.65%
Life Sciences Tools & Services 12.93%

Index Industry Allocation as of Jan 26 2023

Sector Weight
Pharmaceuticals 29.89%
Health Care Providers & Services 22.62%
Health Care Equipment & Supplies 18.91%
Biotechnology 15.65%
Life Sciences Tools & Services 12.93%

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.


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.