XLV
Health Care Select Sector SPDR
Select Sector SPDR® holding S&P 500 stocks in the Health Care sector. Component industries include Health Care Equipment & Services; and Pharmaceutical & Biotechnology. The fund seeks investment results that, before expenses, generally correspond to the price and yield performance of the benchmark index.
US
EQUITY
Passive
MANAGEMENT STYLE
$ 43.9 B
ASSETS UNDER MGMT
8 bp
EXPENSES
Fund Basics
| Inception date | Dec 16, 1998 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| ELI LILLY & CO | 15.3 % |
| JOHNSON & JOHNSON | 10.5 % |
| ABBVIE INC | 7.5 % |
| MERCK & CO. INC. | 5.9 % |
| UNITEDHEALTH GROUP INC | 5.4 % |
| THERMO FISHER SCIENTIFIC INC | 4.0 % |
| AMGEN INC | 3.6 % |
| GILEAD SCIENCES INC | 3.0 % |
| ABBOTT LABORATORIES | 2.8 % |
| PFIZER INC | 2.6 % |
Constituent Breakdown
| Number of holdings | 60 |
| Herfindahl-Hirschman Index | 570 |
| Wgt avg mkt cap (mns) | $367,969 |
| Large cap (>$10bn) | 99.5% |
| Mid cap ($2-10bn) | 0.3% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 99.7% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 97.6 % |
 |
IRELAND | 2.2 % |
Historical Performance
Standardized Performance (as of 08/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 10.2% | 24.1% | 4.2% | 8.6% | 4.8% | 8.9% | 8.6% | 7.2% |
| Dividend Yield | 0.9% | 2.2% | 1.8% | 1.8% | 1.7% | 1.8% | 1.9% | 1.6% |
| Total Returns | 11.1% | 26.3% | 6.0% | 10.4% | 6.5% | 10.7% | 10.5% | 8.8% | Ann. Volatility | 17.0% | 16.0% | 16.3% | 14.7% | 15.2% | 16.7% | 17.1% | 17.9% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.27 | 5% |
| MSCI EAFE | 0.32 | 10% |
| MSCI Emg Mkts | 0.02 | 0% |
Liquidity Measures
| Avg. volume (000) | 7,709 |
| ADV traded (mns) | $1,316 |
| Turnover | 3.0% |
| Avg. Bid/Ask (% of price) | 0.01% |
Technical Indicators
| 30d moving avg. (EMA) | $163.02 |
| Relative strength (RSI) | 61 |
| MACD/Signal | 2.41/2.25 |
| Bollinger Bands (Upper/Lower) | $170.24/$158.28 |
| Short interest (% of AUM) | 5.9% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. XLV |
Expenses vs. XLV |
ALTAR Score™ vs. XLV |
|---|---|---|---|---|
| IYH | iShares U.S. Healthcare ETF | 90.8% | +32 bp | -0.8% |
| VHT | Vanguard Health Care ETF | 85.5% | +1 bp | -1.4% |
| FHLC | Fidelity MSCI Health Care Index ETF | 84.4% | +0 bp | -1.2% |
| IXJ | iShares Global Healthcare ETF | 73.4% | +34 bp | +0.0% |
| HRTS | Tema Heart & Health ETF | 56.6% | +67 bp | -3.4% |
| RSPH | Invesco S&P 500 Equal Weight Health Care ETF | 51.3% | +32 bp | -0.4% |
| FTXH | First Trust Nasdaq Pharmaceuticals ETF | 45.5% | +52 bp | 0.0% |
| MEDX | Horizon Kinetics Medical ETF | 44.4% | +77 bp | -5.1% |
| GDOC | Goldman Sachs Future Health Care Equity ETF | 41.2% | +67 bp | -5.3% |
| PINK | Simplify Health Care ETF | 40.1% | +42 bp | -5.1% |
Risk and Returns: XLV vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 9/30/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
6.6%
ALTAR SCORE™
70th
PERCENTILE
OVERWEIGHT
ETFRC RATING
There are 1,398 funds in the US Equity category with an average
ALTAR Score™ of 5.5% and a standard deviation
of 2.1%. XLV's ALTAR Score™ is approximately 0.5 standard
deviations above the category average. This places XLV in the 70th percentile
among funds in the category.
Sell-Side Consensus
$178.43
PRICE TARGET
+4.5%
UPSIDE