Summary
XHE Chart
XHE: Health Care Equipment Likely To Underperform Amid Higher Rates (Downgrade)
I downgrade the State Street SPDR S&P Health Care Equipment ETF to a Hold. I expect XHE to underperform IVV into 2027, as its factor mix heavy in expensive stocks with inadequate growth and questionable quality is at a disadvantage compared to IVV. XHE has a considerable allocation to loss-making, net CFFO-negative firms, which exposes it to serious risks amid higher rates.
Is SPDR S&P Health Care Equipment ETF (XHE) a Strong ETF Right Now?
Launched on 01/26/2011, the SPDR S&P Health Care Equipment ETF (XHE) is a smart beta exchange traded fund offering broad exposure to the Health Care ETFs category of the market.
Should You Invest in the SPDR S&P Health Care Equipment ETF (XHE)?
Looking for broad exposure to the Healthcare - Medical Devices segment of the equity market? You should consider the SPDR S&P Health Care Equipment ETF (XHE), a passively managed exchange traded fund launched on 01/26/2011.
SPDR S&P Health Care Equipment ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 7,207 | $607,041 | $641,567.12 | $34,526.12 | 5.69% |
 Means Investment Company Means Investment Company Inc. | 2,565 | $239,034.83 | $232,645.5 | -$6,389.33 | -2.67% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 7,645 | $611,671.62 | $680,557.88 | $68,886.26 | 11.26% |
| YL Yosef Levy Y.D. More Investments Ltd. | 454 | $38,469.76 | $40,787.36 | $2,317.6 | 6.02% |
| CAL CoreCap Advisors LLC CoreCap Advisors LLC | 112 | $9,849.28 | $9,970.24 | $120.96 | 1.23% |
SPDR S&P Health Care Equipment ETF (XHE) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has SPDR S&P Health Care Equipment ETF ever had a stock split?
SPDR S&P Health Care Equipment ETF Profile
| ARCA Exchange | US Country |
Overview
The fund mentioned is designed to offer investors exposure to the healthcare equipment sector by closely tracking the performance of the S&P Health Care Equipment Select Industry Index. By employing a sampling strategy, the fund aims to mirror the index's performance as closely as possible. This involves the fund investing a majority, if not all, of its assets in the securities that are included in the index. The S&P Health Care Equipment Select Industry Index itself is a subset of the broader S&P Total Market Index (S&P TMI), specifically focusing on the healthcare equipment segment, representing companies involved in the manufacturing, distribution, and services related to healthcare equipment.
Products and Services
- Healthcare Equipment Investment - The fund invests substantially all, but at least 80%, of its total assets in the securities comprising the index that focuses on the healthcare equipment sector. This includes stocks of companies involved in the development, manufacture, and sale of medical devices and equipment.
This approach allows investors to gain targeted exposure to the healthcare equipment industry, a crucial part of the healthcare sector, without having to individually select stocks. It's designed for those looking to invest in a diversified portfolio within this specific niche, capitalizing on the growth and advancements in medical technologies and equipment.
Contact Information
