State Street(R) SPDR(R) S&P(R) Health Care Equipment ETF

$82.09

Key Metrics

TER 35.00% per year
Distribution policy Distributing
Fund size USD 135 M
Inception date January 26, 2011
Holdings 71
Fund currency USD
Fund domicile US
Provider SPDR
For full official fund details, factsheets, and holdings, visit ssga.com (opens in new tab).

Compare similar ETFs

Fund Size
Dividend
Fees
Current
State Street(R) SPDR(R) S&P(R) Health Care Equipment ETF XHE
Fund Size
$148M
Dividend
0.1%
Fees
35.00%

Historical Return

Last updated: Jun 15, 2026
1 Year +1.4% +0.1% Div
3 Years (avg.) -5.7% +0.1% Div
5 Years (avg.) -8.2% +0.1% Div

Risk & Analysis Metrics

Last updated: Jun 15, 2026

Volatility

20.86% 1 Year
21.31% 3 Years
24.13% 5 Years
22.80% 10 Years

Max Drawdown

-18.29% 1 Year
-32.62% 3 Years
-49.94% 5 Years
-49.94% 10 Years

Sharpe Ratio

-0.04 1 Year
-0.36 3 Years
-0.40 5 Years
0.18 10 Years

Return Triangle (Heatmap)

Last updated: Jun 15, 2026
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
2011 -2.0% 3.9% 13.1% 13.6% -2.9% -0.1% 3.7% 4.1% 6.2% 8.6% 8.2% 4.9% 4.1% 4.2% 3.9%
2012 10.1% 21.5% 19.4% -3.2% 0.3% 4.7% 5.0% 7.3% 9.9% 9.2% 5.6% 4.6% 4.7% 4.3%
2013 34.1% 24.3% -7.2% -2.0% 3.6% 4.2% 6.9% 9.8% 9.1% 5.1% 4.1% 4.3% 3.9%
2014 15.3% -22.8% -11.7% -2.8% -0.9% 2.9% 6.8% 6.4% 2.3% 1.5% 1.9% 1.7%
2015 -48.3% -22.7% -8.2% -4.6% 0.6% 5.4% 5.1% 0.8% 0.1% 0.7% 0.5%
2016 15.7% 22.3% 17.1% 18.9% 21.6% 18.4% 10.9% 8.7% 8.4% 7.4%
2017 29.3% 17.8% 20.0% 23.1% 18.9% 10.2% 7.7% 7.5% 6.6%
2018 7.2% 15.6% 21.1% 16.4% 6.7% 4.5% 4.7% 4.0%
2019 24.6% 28.6% 19.7% 6.6% 4.0% 4.3% 3.6%
2020 32.8% 17.3% 1.1% -0.6% 0.7% 0.4%
2021 3.6% -11.7% -9.8% -6.1% -5.0%
2022 -24.8% -15.8% -9.1% -7.1%
2023 -5.8% 0.0% -0.3%
2024 6.1% 2.6%
2025 -0.8%

Distributions

*by ETF Portfolio Weight Last updated: Jun 15, 2026

Profit Margin Distribution

< 0%
32%
1y 3y N/A N/A
0 - 5%
14%
1y 3y N/A N/A
5 - 10%
17%
1y 3y N/A N/A
10 - 15%
14%
1y 3y N/A N/A
15 - 20%
13%
1y 3y N/A N/A
20 - 30%
10%
1y 3y N/A N/A
30 - 40%
0%
1y 3y N/A N/A
> 40%
0%
1y 3y N/A N/A

P/E Ratio Distribution

< 0
32%
1y 3y N/A N/A
0 - 10
5%
1y 3y N/A N/A
10 - 15
2%
1y 3y N/A N/A
15 - 20
9%
1y 3y N/A N/A
20 - 25
8%
1y 3y N/A N/A
25 - 35
17%
1y 3y N/A N/A
35 - 50
13%
1y 3y N/A N/A
> 50
15%
1y 3y N/A N/A

Discounted Cash Flow

Weighted Average Undervaluation
N/A
Undervalued
> 60%
0%
1y 3y N/A N/A
45 - 60%
0%
1y 3y N/A N/A
30 - 45%
0%
1y 3y N/A N/A
15 - 30%
0%
1y 3y N/A N/A
Fair (&plusmn;15%)
0%
1y 3y N/A N/A
Overvalued
15 - 30%
0%
1y 3y N/A N/A
30 - 45%
0%
1y 3y N/A N/A
45 - 60%
0%
1y 3y N/A N/A
> 60%
0%
1y 3y N/A N/A

Market Cap Size Distribution

Micro Cap
1.4%
1y 3y N/A N/A
Small Cap
29.9%
1y 3y N/A N/A
Mid Cap
31.7%
1y 3y N/A N/A
Large Cap
36.9%
1y 3y N/A N/A
Mega Cap
0.0%
1y 3y N/A N/A
Micro: < $300M Small: $300M–$2B Mid: $2B–$10B Large: $10B–$200B Mega: > $200B

Portfolio Concentration

*by ETF Portfolio Weight Last updated: Jun 15, 2026
10.2% Top 5 Holdings
20.0% Top 10 Holdings
91.4% Top 50 Holdings
100.0% Top 100 Holdings
Top 5 Companies
TFX Teleflex Incorporated
2.1%
STAA Staar Surgical Co.
2.0%
BFLY Butterfly Network, Inc.
2.0%
MDLN Medline Inc.
2.0%
GKOS Glaukos Corporation
2.0%

Latest News

almost 2 years ago • zacks.com

Glaukos (GKOS) Gains 51.9% YTD: What's Driving the Stock?

Investors are optimistic about Glaukos' (GKOS) strength in its flagship iStent.

almost 2 years ago • businesswire.com

Butterfly Network to Report Second Quarter 2024 Financial Results on August 1, 2024

BURLINGTON, Mass. & NEW YORK--(BUSINESS WIRE)---- $BFLY #pocus--Butterfly Network, Inc. (NYSE: BFLY) (“Butterfly”), a digital health company transf...

almost 2 years ago • globenewswire.com

Teleflex Announces Second Quarter 2024 Earnings Conference Call Information

WAYNE, Pa., July 18, 2024 (GLOBE NEWSWIRE) -- Teleflex Incorporated (NYSE:TFX) will host a conference call to discuss its second quarter financial ...

Average metrics of all companies in portfolio

Last updated: Jun 14, 2026
Market
Average
Market Cap The market value of the company. It's calculated by multiplying the share price by the number of outstanding shares. $22.9B -
Dividend Yield Yearly payout to shareholders per share. The percentage indicates the payout in relation to the share price. 0.42% 2.01%
Beta Indicates the relationship between the price performance of a share and the market. 1.01 -
P/E Ratio Ratio between share price and earnings per share. A low ratio could indicate that the stock is undervalued or investors aren't expecting high growth. A high ratio could indicate that the stock is overvalued or investors are expecting high growth. 39.52 25.06
Negative P/E Ratio a negative P/E ratio shows that the company is not profitable, and it shows how many years it would take the company to lose its entire market capitalisation if it did not change anything -31.29 -
Profitable Companies 61% -
PEG The ratio between the P/E ratio and the growth rate of the company's earnings per share in the last twelve months. A lower PEG could mean that a stock is undervalued. 633.38 13.48
Price to Sales Ratio Market cap divided by the revenue in the most recent year. 4.7 8.29
Price to Book Ratio Price to Book Ratio is the Market cap divided by the Book value of the company 6.0 10.42
Market
Average
Enterprise Value to EBIT Enterprise Value divided by EBIT 17.78 20.39
Enterprise Value to Revenue Enterprise value divided by revenue 4.79 8.31
Total Debt to Enterprise Value Total debt divided by enterprise value 0.19 0.04
Debt to Equity A higher ratio indicates a higher risk. However, the ratio is difficult to compare between industries where common amounts of debt vary. - 0.33
Profit Margin Net income divided by revenue of the last 4 quarters. It indicates the company's profitability. -2.50% -3.53%
Quarterly Earnings Growth (YoY) The rate at which the company's net income has increased to the same quarter one year ago. - -121.8%
Return on Equity Equity divided by market cap. -17.67% 1.24%
Return on Assets Indicates a company's profitability in relation to its total assets. -1.12% 3.39%
Return on Invested Capital Return on invested capital (ROIC) is net income after dividends divided by the sum of debt and equity. It shows how effective a company is at turning capital invested by shareholders and other debtholders into profits. -0.34% 3.30%

Sectors

Manufacturing 78.7%
Healthcare 5.2%
Professional, Scientific, and Technical Services 1.5%
Other 14.6%

Countries

United States 90.6%
United Kingdom 4.6%
Ireland 3.1%
Other 1.8%
Other 0.0%

Stock Screener

Select filters to narrow down the 61 investments below

61 companies

Limit holdings to companies in a single sector.

$0B >$1T

Ratio between share price and earnings per share. A low ratio could indicate undervaluation.

<0 >50

Ratio of dividends in the last 12 months to current share price.

0% 3%

Revenue increase compared to the same quarter one year ago.

0% 30%

Net income increase compared to the same quarter one year ago.

0% 30%

Profitability of the last quarter.

<-30% >30%

A higher ratio indicates a higher risk. The ratio is difficult to compare between industries.

<0 >3

Discounted cash flow valuation vs. current price. Positive = undervalued, negative = overvalued.

<-50% >+100%
Market Cap $5.78B
P/E Ratio -5.7
Dividends 1.0%
Total Investment $2.52M
Weight 1.86%

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Market Cap $1.41B
P/E Ratio -67.3
Dividends 0.0%
Total Investment $2.49M
Weight 1.84%

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Market Cap $30.96B
P/E Ratio 31.1
Dividends 0.0%
Total Investment $2.47M
Weight 1.83%

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Market Cap $7.45B
P/E Ratio -38.9
Dividends 0.0%
Total Investment $2.46M
Weight 1.82%

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Market Cap $3.09B
P/E Ratio 22.0
Dividends 0.0%
Total Investment $2.42M
Weight 1.79%

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Market Cap $2.29B
P/E Ratio -70.5
Dividends 0.0%
Total Investment $2.41M
Weight 1.79%

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Market Cap $4.36B
P/E Ratio 40.5
Dividends 0.0%
Total Investment $2.4M
Weight 1.78%

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Market Cap $9.42B
P/E Ratio 123.1
Dividends 0.0%
Total Investment $2.38M
Weight 1.76%

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Market Cap $2.1B
P/E Ratio 33.6
Dividends 1.0%
Total Investment $2.37M
Weight 1.75%

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Market Cap $725.15M
P/E Ratio 82.7
Dividends 0.0%
Total Investment $2.37M
Weight 1.75%

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Market Cap $16.97B
P/E Ratio 31.4
Dividends 0.0%
Total Investment $2.36M
Weight 1.74%

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Market Cap $3.73B
P/E Ratio -133.0
Dividends 0.0%
Total Investment $2.32M
Weight 1.72%

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Market Cap $3.97B
P/E Ratio 28.4
Dividends 0.0%
Total Investment $2.31M
Weight 1.71%

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Market Cap $12.52B
P/E Ratio 29.0
Dividends 0.0%
Total Investment $2.31M
Weight 1.71%

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Market Cap $29.65B
P/E Ratio 19.7
Dividends 0.2%
Total Investment $2.3M
Weight 1.71%

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Market Cap $12.54B
P/E Ratio 73.2
Dividends 0.0%
Total Investment $2.3M
Weight 1.70%

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Market Cap $13.24B
P/E Ratio 56.1
Dividends 0.0%
Total Investment $2.28M
Weight 1.69%

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Market Cap $13.66B
P/E Ratio 9.6
Dividends 0.0%
Total Investment $2.27M
Weight 1.68%

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