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
$ 42.8 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 | 15.5 % |
| JOHNSON & JOHNSON | 10.5 % |
| ABBVIE INC | 7.6 % |
| UNITEDHEALTH GROUP INC | 6.4 % |
| MERCK & CO. INC. | 5.5 % |
| THERMO FISHER SCIENTIFIC INC | 3.6 % |
| AMGEN INC | 3.5 % |
| ABBOTT LABORATORIES | 3.1 % |
| GILEAD SCIENCES INC | 2.8 % |
| PFIZER INC | 2.4 % |
Constituent Breakdown
| Number of holdings | 59 |
| Herfindahl-Hirschman Index | 606 |
| Wgt avg mkt cap (mns) | $376,909 |
| Large cap (>$10bn) | 99.5% |
| Mid cap ($2-10bn) | 0.3% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 99.8% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 97.5 % |
 |
IRELAND | 2.3 % |
Historical Performance
Standardized Performance (as of 07/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 5.0% | 24.6% | 4.2% | 6.6% | 4.2% | 8.0% | 8.5% | 7.0% |
| Dividend Yield | 0.9% | 2.2% | 1.8% | 1.8% | 1.7% | 1.8% | 1.9% | 1.6% |
| Total Returns | 5.9% | 26.8% | 6.0% | 8.4% | 5.9% | 9.8% | 10.4% | 8.6% | Ann. Volatility | 16.8% | 15.7% | 16.1% | 14.5% | 15.0% | 16.7% | 17.1% | 17.9% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.29 | 6% |
| MSCI EAFE | 0.34 | 12% |
| MSCI Emg Mkts | 0.03 | 0% |
Liquidity Measures
| Avg. volume (000) | 9,714 |
| ADV traded (mns) | $1,609 |
| Turnover | 3.8% |
| Avg. Bid/Ask (% of price) | 0.01% |
Technical Indicators
| 30d moving avg. (EMA) | $159.87 |
| Relative strength (RSI) | 57 |
| MACD/Signal | 2.21/2.29 |
| Bollinger Bands (Upper/Lower) | $166.49/$157.36 |
| Short interest (% of AUM) | 6.4% |
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 | 85.0% | +1 bp | -1.5% |
| FHLC | Fidelity MSCI Health Care Index ETF | 84.5% | +0 bp | -1.3% |
| IXJ | iShares Global Healthcare ETF | 72.0% | +34 bp | -0.1% |
| HRTS | Tema Heart & Health ETF | 55.6% | +67 bp | -3.6% |
| RSPH | Invesco S&P 500 Equal Weight Health Care ETF | 50.5% | +32 bp | -0.2% |
| FTXH | First Trust Nasdaq Pharmaceuticals ETF | 44.7% | +52 bp | +0.1% |
| MEDX | Horizon Kinetics Medical ETF | 44.3% | +77 bp | -5.2% |
| GDOC | Goldman Sachs Future Health Care Equity ETF | 40.6% | +67 bp | -5.3% |
| PINK | Simplify Health Care ETF | 40.5% | +42 bp | -5.3% |
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.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
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
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
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 8/9/2026
Peer Group Comparison
Sample data. Subscribe for access.
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.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
6.6%
ALTAR SCORE™
77th
PERCENTILE
OVERWEIGHT
ETFRC RATING
There are 1,402 funds in the US Equity category with an average
ALTAR Score™ of 5.2% and a standard deviation
of 2.0%. XLV's ALTAR Score™ is approximately 0.7 standard
deviations above the category average. This places XLV in the 77th percentile
among funds in the category.
Sell-Side Consensus
$178.43
PRICE TARGET
+7.7%
UPSIDE