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Description
The Health Care Select Sector SPDR Fund (XLV) invests primarily in U.S. equities that operate within the health‑care industry, covering sub‑sectors such as pharmaceuticals, biotechnology, health‑care equipment and supplies, providers and services, and life‑sciences tools. The ETF seeks to track the Health Care Select Sector Index by using a full‑replication, market‑capitalization‑weighted approach, holding the largest publicly traded U.S. health‑care companies. Because its holdings are almost exclusively large‑cap U.S. health‑care stocks, the fund offers investors targeted exposure to the sector while maintaining broad diversification across many industry segments. XLV can be suitable for investors who want a core or complementary position in health‑care for long‑term growth potential, or for those looking to add a sector‑specific tilt to a diversified portfolio.
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