State Street SPDR S&P Health Care Services ETF (XHS)
State Street SPDR S&P Health Care Services ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $134.82, up 1.19% on the session, giving a market capitalisation of $100.0M. Its beta of 0.94 implies it has historically moved less than the broad market.
The State Street SPDR S&P Health Care Services ETF aims to deliver investment outcomes that closely match the total return performance of the S&P Health Care Services Select Industry Index, before accounting for fees and expenses. It provides focused exposure to the healthcare services segment of the S&P Total Market Index, encompassing sub-industries such as Health Care Distributors, Health Care Facilities, Health Care Services, and Managed Health Care. The ETF tracks a modified equal-weighted index, which is designed to offer diversified industry exposure across large, mid, and small-capitalization companies, avoiding over-concentration. This structure allows investors to adopt more precise strategic or tactical positions within the health care sector than is possible with traditional, broader sector investments.
State Street SPDR S&P Health Care Services ETF is most often compared with the following Financial Services names: