XLVI
The Health Care Select Sector SPDR Premium Income Fund
📎 Investment Objective
The Health Care Select Sector SPDR Premium Income Fund (XLVI) seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the Health Care Select Sector Index.
Overview
ETF tracking The Health Care Select Sector SPDR Premium Income Fund
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Health Care Select Sector SPDR Premium Income Fund (XLVI) seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the Health Care Select Sector Index.
🎯 Investment Strategy
The fund invests substantially all of its assets in the securities of the Health Care Select Sector Index, which includes companies from the following industries: pharmaceuticals, biotechnology, health care equipment and supplies, and health care providers and services.
✨ Key Features
- Provides exposure to the healthcare sector of the S&P 500 Index
- Passively managed to track the performance of the underlying index
- Low expense ratio of 0.00%
- Relatively new fund with limited performance history
⚠️ Primary Risks
- Concentration risk as the fund is focused on the healthcare sector
- Potential volatility due to the cyclical nature of the healthcare industry
- Lack of diversification outside of the healthcare sector
- Limited performance history makes it difficult to evaluate long-term returns
👤 Best For
This ETF may be suitable for investors seeking broad exposure to the healthcare sector as part of a diversified portfolio. It may be most appropriate for investors with a medium to long-term investment horizon who can tolerate the volatility associated with a sector-specific fund.