State Street Healthcare Equipment ETF | XHE

Medium RiskEquity
State Street Healthcare Equipment ETF
Issued by:State Street
Index : AMEX
Unit Price (NAV) :
Minimum investment: 1 unit
State Street Healthcare Equipment ETF | XHE

State Street Healthcare Equipment ETF | XHE


STATE STREET HEALTHCARE EQUIPMENT ETF (XHE) provides equal-weight exposure to US companies in the health care equipment & supplies business. XHE's holdings are across all sizes, its weighted average market cap is only a small percentage of the market, giving it a significant small-cap tilt. XHE provides an alternative play for health care investors aiming to avoid big pharma and service providers that dominate the broader industry. The top 10 holdings account for about 17.55% of total assets under management. Is SPDR S&P Health Care Equipment ETF (XHE) a Hot ETF Right Now? This Healthcare ETF Continues Beating Higher About the Fund Manager: State Street was incorporated in 1792, has four decades of experience meeting complex client needs and is the third largest asset manager in the world managing $2.73T. It is the 2nd United States bank on the list of oldest banks in continuous operation. State Street is ranked 14th on the list of largest banks in the United States by assets. How did we identify this ETF: A complete pool of 2100+ ETFs are screened on various qualitative and quantitative parameters to evaluate efficiency, tradability and fit. The metrics used were alpha, beta and R-Squared with respect to the segment benchmark and ETF specific metrics such as expense ratio, drawdown, volatility and the overall rating. We evaluate all ETFs and assign a composite score based on our analysis and then select the top ones in a category based on that comprehensive score by the inhouse research / quant analysts team. The fund's expense ratio is among the lowest in the segment and its AUM of $239.2M is the largest among health care ETFs. The strategy is rebalanced on a quarterly basis with the rebalancing mechanism being determined by an algorithm that takes into account the overall performance of the strategy so far.


XHE Charts
52 Week High: $|52 Week Low: $
State Street Healthcare Equipment ETF6.82%57.88%20.92%23.34%17.90%

Asset Class

Asset type breakdown
Stock US99.93%

XHE Holdings - Top 10

NameiWeightage (%)
GenMark Diagnostics, Inc1.55%
STAAR Surgical Company1.52%
ShockWave Medical, Inc1.47%
CONMED Corporation1.30%
Outset Medical, Inc1.30%
Insulet Corporation1.30%
Abiomed, Inc1.30%
Meridian Bioscience, Inc1.29%
Cantel Medical Corp1.29%
Lantheus Holdings, Inc1.29%

XHE Sectors/Industry Breakdown

Sectori% of market value

XHE Countries

Countryi% of market value
North America100%

Projected Returns

Investment ofper month
gives returns of :
at 15.62% / annum
$in 10 years
for a time period of
Returnsbased on historic SIP returns of 15.62% per annum
$+ 15.62

XHE Summary Data

Total Net Assets $i
Average Mkt Cap Mil $i
Symbol XHE
Exchange ARCX
ISIN US78464A5810
Cat. Benchmark MSCI ACWI NR USD
Asset class Equity
Category Health
Country US

XHE Portfolio Data & Volatility Analysis

Net Expense Ratio 0.35i
Beta 0.94i
Valuations Rates Portfolio PE 32.76017i
3 Year Standard Deviation 20.94i

Fund Strategy

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the health care equipment and supplies segment of a U.S. total market composite index. In seeking to track the performance of the S&P Health Care Equipment Select Industry Index (the index), the fund employs a sampling strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the health care equipment segment of the S&P Total Market Index .

XHE Fact Sheets & Reports

About State Street

State Street Corporation is an American financial services corporation founded in 1792. State Street has been providing ETFs since 1993. Today State Street provides ETFs across major markets covering different asset classes. State Street prides itself in creating client oriented products.

State Street Healthcare Equipment ETF | XHE