Key stats
About SPDR S&P Health Care Equipment
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Inception date
Jan 26, 2011
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
SSgA Funds Management, Inc.
Distributor
State Street Corp. (Fund Distributor)
XHE offers equal-weight exposure to US companies in the health care equipment & supplies business. While XHE's holdings encompass all cap sizes, its weighted average market cap is only a fraction of the market's, giving it a significant small-cap tilt. XHE is not for everyone--it targets an extremely narrow market. Yet, XHE provides an alternative play for healthcare investors aiming to avoid the heavy hand of big pharma and service providers that dominate the broader industry. The index is rebalanced quarterly.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Health Technology
Stocks99.89%
Health Technology92.57%
Electronic Technology2.03%
Process Industries1.97%
Health Services1.74%
Technology Services1.58%
Bonds, Cash & Other0.11%
Government0.10%
Miscellaneous0.01%
Stock breakdown by region
North America92.85%
Europe7.15%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
XHE invests in stocks. The fund's major sectors are Health Technology, with 92.57% stocks, and Electronic Technology, with 2.03% of the basket. The assets are mostly located in the North America region.
XHE top holdings are TransMedics Group, Inc. and iRhythm Technologies, Inc., occupying 3.37% and 2.47% of the portfolio correspondingly.
XHE last dividends amounted to 0.03 USD. The quarter before, the issuer paid 0.01 USD in dividends, which shows a 72.22% increase.
XHE assets under management is 169.78 M USD. It's risen 1.07% over the last month.
XHE fund flows account for −78.44 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, XHE pays dividends to its holders with the dividend yield of 0.04%. The last dividend (Dec 26, 2024) amounted to 0.03 USD. The dividends are paid quarterly.
XHE shares are issued by State Street Corp. under the brand SPDR. The ETF was launched on Jan 26, 2011, and its management style is Passive.
XHE expense ratio is 0.35% meaning you'd have to pay 0.35% of your investment to help manage the fund.
XHE follows the S&P Healthcare Equipment Select Industry. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
XHE invests in stocks.
XHE price has risen by 2.75% over the last month, and its yearly performance shows a −5.44% decrease. See more dynamics on XHE price chart.
NAV returns, another gauge of an ETF dynamics, showed a −8.34% decrease in three-month performance and has decreased by −4.90% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −8.34% decrease in three-month performance and has decreased by −4.90% in a year.
XHE trades at a premium (0.09%) meaning the ETF is trading at a higher price than the calculated NAV.