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ETFs

Health Care Select Sector SPDR Fund

XLV
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Dec 16 1998
Expense Ratio
0.10%
Type
US Equities
Fund Owner
State Street (SPDR)
Volume (1m avg. daily)
$1,103,826,670
AUM
$38,672,274,735
Associated Index
S&P Health Care Select Sector Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

UNH
Unitedhealth Group Inc
9.64%
LLY
Lilly(Eli) & Co
9.03%
JNJ
Johnson & Johnson
7.95%
MRK
Merck & Co Inc
5.55%
ABBV
Abbvie Inc
5.54%
TMO
Thermo Fisher Scientific Inc.
3.99%
PFE
Pfizer Inc.
3.80%
ABT
Abbott Laboratories
3.50%
DHR
Danaher Corp.
3.36%
AMGN
AMGEN Inc.
2.94%
Invest with XLV

What is XLV?

The Health Care Select Sector SPDR Fund before expenses seeks to closely match the returns and characteristics of the Health Care Select Sector Index (ticker: IXV).

ETFs related toXLV

ETFs correlated to XLV include CURE, IYH, VHT

XLV
SSgA Active Trust - Health Care Select Sector SPDR
CURE
Direxion Shares ETF Trust - Direxion Daily Healthcare Bull 3X Shares
IYH
BlackRock Institutional Trust Company N.A. - iShares U.S. Healthcare ETF
VHT
Vanguard Group, Inc. - Vanguard Health Care ETF
FHLC
Fidelity Covington Trust - Fidelity MSCI Health Care Index ETF
IXJ
BlackRock Institutional Trust Company N.A. - iShares Global Healthcare ETF
RSPH
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight Health Care ETF
PINK
Simplify Exchange Traded Funds - Simplify Health Care ETF
PPH
VanEck ETF Trust - VanEck Pharmaceutical ETF
FTCS
First Trust Exchange-Traded Fund III - First Trust Capital Strength ETF
USMV
BlackRock Institutional Trust Company N.A. - iShares MSCI USA Min Vol Factor ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toXLV

#PTS

Pick the Trending Sector

Category

Grow Your Portfolio, Ride the Momentum

Risk Rating

Aggressive

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with XLV using Composer

FAQ

XLV is a US Equities ETF. The Health Care Select Sector SPDR Fund before expenses seeks to closely match the returns and characteristics of the Health Care Select Sector Index (ticker: IXV).

XLV tracks the S&P Health Care Select Sector Index.

No, XLV is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, XLV is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on XLV is -0.0079%. This is the percent change in the value of XLV over the most recent 1-month period. The 3-month return on XLV is 0.0011%. This is the percent change in the value of XLV over the most recent 3-month period.

The standard deviation of XLV for the past year is 0.1358%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to XLV include RXL, RXD, and XLI.

ETFs correlated to XLV include CURE, IYH, and VHT.

ETFs that are inversely correlated to XLV include DXD, SDOW, and DOG.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.