XLV

The Health Care Select Sector SPDR Fund (XL V) is a passively managed exchange‑traded fund that seeks to track the performance of the S&P 500 Health Care Index, providing exposure to U.S. listed companies classified in the health‑care sector. It invests primarily in large‑cap equities across sub‑industries such as pharmaceuticals, biotechnology, health‑care equipment, and health‑care services, all of which are headquartered in the United States. The fund’s strategy is market‑cap weighted, holding the constituent stocks in proportion to their representation in the index, thereby mirroring the sector’s overall composition. XL V can be suitable for investors who want targeted exposure to the U.S. health‑care industry for diversification, a defensive tilt, or long‑term growth potential without having to select individual stocks.