SPDR S&P Health Care Equipment ETF (XHE)
XHE is a passive ETF by State Street tracking the investment results of the S&P Health Care Equipment Select Industry Index. XHE launched on Jan 26, 2011 and has a 0.35% expense ratio.
ETF Info
| ISIN | US78464A5810 |
|---|---|
| CUSIP | 00078464A581 |
| Issuer | State Street |
| Inception Date | Jan 26, 2011 |
| Region | North America (U.S.) |
| Category | Health & Biotech Equities |
| Leveraged | 1x |
| Index Tracked | S&P Health Care Equipment Select Industry Index |
| Home Page | www.ssga.com |
| Asset Class | Equity |
Asset Class Size | Multi-Cap |
Asset Class Style | Growth |
Expense Ratio
XHE features an expense ratio of 0.35%, falling within the medium range.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: XHE vs. HTEC, XHE vs. PSCH, XHE vs. MDEV, XHE vs. IHI, XHE vs. VHT, XHE vs. XLP, XHE vs. ARKG, XHE vs. FHLC, XHE vs. FXAIX, XHE vs. IYH
Performance
Performance Chart
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.
Returns By Period
SPDR S&P Health Care Equipment ETF had a return of 7.98% year-to-date (YTD) and 25.54% in the last 12 months. Over the past 10 years, SPDR S&P Health Care Equipment ETF had an annualized return of 9.09%, while the S&P 500 had an annualized return of 11.39%, indicating that SPDR S&P Health Care Equipment ETF did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 7.98% | 25.48% |
| 1 month | 3.63% | 2.14% |
| 6 months | 3.72% | 12.76% |
| 1 year | 25.54% | 33.14% |
| 5 years (annualized) | 1.82% | 13.96% |
| 10 years (annualized) | 9.09% | 11.39% |
Monthly Returns
The table below presents the monthly returns of XHE, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.40% | 0.81% | 3.95% | -6.63% | 4.54% | -1.67% | 1.04% | 5.45% | 0.64% | -3.29% | 7.98% | ||
| 2023 | 6.46% | -2.95% | 0.79% | 4.48% | -4.81% | 5.69% | 0.03% | -11.93% | -9.94% | -12.80% | 10.21% | 12.34% | -6.23% |
| 2022 | -11.72% | 5.62% | 2.45% | -15.07% | -4.45% | -6.66% | 10.04% | -0.80% | -7.87% | 3.63% | 3.63% | -1.90% | -23.34% |
| 2021 | 4.13% | 1.57% | -0.65% | 5.18% | -3.78% | 6.73% | 0.43% | 0.92% | -4.47% | 0.58% | -10.30% | 3.92% | 3.04% |
| 2020 | -0.41% | -6.24% | -10.39% | 16.46% | 5.46% | 1.56% | 6.55% | 1.59% | 0.61% | 0.03% | 8.82% | 7.42% | 32.91% |
| 2019 | 9.33% | 4.82% | 0.09% | -3.36% | -3.80% | 9.57% | 1.74% | -4.34% | -1.97% | 1.10% | 8.11% | 0.38% | 22.31% |
| 2018 | 7.98% | -2.99% | 3.38% | 2.18% | 7.96% | 1.68% | 3.23% | 9.25% | -0.44% | -12.06% | 0.92% | -10.02% | 8.90% |
| 2017 | 4.24% | 5.65% | 2.72% | 3.71% | -0.96% | 6.19% | -1.30% | 1.27% | 2.38% | 2.18% | 4.10% | -2.84% | 30.51% |
| 2016 | -12.00% | 2.01% | 6.35% | 3.03% | 1.67% | 5.91% | 6.28% | 3.23% | 0.30% | -7.69% | 2.57% | 1.30% | 11.78% |
| 2015 | 2.14% | 4.85% | 2.55% | -4.85% | 2.55% | 1.34% | 4.56% | -4.73% | -8.00% | 4.40% | 5.56% | 0.28% | 10.00% |
| 2014 | 1.47% | 2.01% | -0.77% | -6.61% | 3.92% | 3.63% | -1.50% | -0.63% | -2.09% | 9.44% | 4.22% | 2.73% | 15.98% |
| 2013 | 8.65% | 0.52% | 3.10% | -2.47% | 5.22% | 0.53% | 5.76% | -1.74% | 3.97% | 6.22% | 3.76% | 0.80% | 39.45% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of XHE is 47, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for SPDR S&P Health Care Equipment ETF (XHE) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
SPDR S&P Health Care Equipment ETF provided a 0.04% dividend yield over the last twelve months, with an annual payout of $0.03 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.03 | $0.03 | $0.04 | $0.00 | $0.00 | $0.05 | $0.07 | $0.50 | $0.09 | $3.22 | $0.80 | $0.07 |
Dividend yield | 0.04% | 0.03% | 0.04% | 0.00% | 0.00% | 0.05% | 0.09% | 0.78% | 0.17% | 7.22% | 1.83% | 0.19% |
Monthly Dividends
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.01 | |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.03 |
| 2022 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.01 | $0.04 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2019 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.05 | $0.07 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.49 | $0.50 |
| 2016 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.03 | $0.09 |
| 2015 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $3.14 | $3.22 |
| 2014 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.70 | $0.80 |
| 2013 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.03 | $0.07 |
Drawdowns
Drawdowns Chart
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.
Worst Drawdowns
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 31.71%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -49.92% | Sep 3, 2021 | 542 | Oct 30, 2023 | — | — | — |
| -34.17% | Feb 20, 2020 | 23 | Mar 23, 2020 | 71 | Jul 2, 2020 | 94 |
| -27.37% | Sep 14, 2018 | 70 | Dec 24, 2018 | 270 | Jan 22, 2020 | 340 |
| -22.05% | Jul 8, 2011 | 61 | Oct 3, 2011 | 145 | May 1, 2012 | 206 |
| -20.07% | Jul 23, 2015 | 142 | Feb 12, 2016 | 79 | Jun 7, 2016 | 221 |
Volatility
Volatility Chart
The current SPDR S&P Health Care Equipment ETF volatility is 5.21%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.