SPDR S&P Health Care Equipment ETF (XHE)

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The chart shows the growth of an initial investment of $10,000 in SPDR S&P Health Care Equipment ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

SPDR S&P Health Care Equipment ETF (XHE) has returned -11.32% so far this year and -4.73% over the past 12 months. Over the last ten years, XHE has returned 6.47% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jan 27, 2011, XHE's average daily return is +0.04%, while the average monthly return is +0.84%. At this rate, your investment would double in approximately 6.9 years.

Historically, 64% of months were positive and 36% were negative. The best month was Apr 2020 with a return of +16.5%, while the worst month was Apr 2022 at -15.1%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 4 months.

On a daily basis, XHE closed higher 53% of trading days. The best single day was Mar 24, 2020 with a return of +9.4%, while the worst single day was Mar 16, 2020 at -8.6%.

SPDR S&P Health Care Equipment ETF has an annualized alpha of -0.61%, beta of 0.92, and R² of 0.56 versus S&P 500 Index. Calculated based on daily prices since January 28, 2011.

• This ETF participated in 107.74% of S&P 500 Index downside but only 95.53% of its upside — more exposed to losses than it benefited from rallies.
• With beta of 0.92 and R² of 0.56, this ETF moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

XHE has an expense ratio of 0.35%, placing it in the medium range.

XHE ranks 8 for risk / return — in the bottom 8% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

The table below present risk-adjusted performance metrics for SPDR S&P Health Care Equipment ETF (XHE) and compare them to a chosen benchmark (S&P 500 Index).

SPDR S&P Health Care Equipment ETF provided a 0.09% dividend yield over the last twelve months, with an annual payout of $0.07 per share. The fund has been increasing its distributions for 2 consecutive years.

The table displays the monthly dividend distributions for SPDR S&P Health Care Equipment ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the SPDR S&P Health Care Equipment ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the SPDR S&P Health Care Equipment ETF was 49.92%, occurring on Oct 30, 2023. The portfolio has not yet recovered.

The current SPDR S&P Health Care Equipment ETF drawdown is 41.21%.

The chart below shows the rolling one-month volatility.