State Street® SPDR® S&P® Health Care Services ETF

What this fund is

State Street® SPDR® S&P® Health Care Services ETF is an exchange-traded fund (ETF) from SPDR, traded under the ticker XHS (ISIN US78464A5737). One trade buys a whole basket of holdings, so your money is spread out instead of riding on a single company. At its core it is a focused, thematic fund: it concentrates on the health care part of the market, so it lives or dies by that one area rather than the economy as a whole. Underneath, it is about owning small slices of companies, so you share in their growth when they do well — and their falls when they don't. It follows the S&P Health Care Services Select Industry Index index (passive investing): it tracks the market rather than relying on a manager, keeping running costs down, and its largest holdings include LIFESTANCE HEALTH GROUP INC, HINGE HEALTH INC A and NEOGENOMICS INC.

With about 62 holdings (the ten largest ≈ 21%), your money is diversified rather than concentrated in a handful of names. By industry it concentrates most in ~72.5% Health Care and ~6.7% Consumer Staples. A focused fund like this is typically held as a smaller 'satellite' position around a broader core — a way to lean into one theme, not usually a portfolio's only holding. Its ongoing charge (TER) is 0.35% a year — about €35 a year on a €10,000 holding, taken automatically from the fund. It holds the underlying investments directly (physical replication); it is domiciled in the United States and trades in USD.

Its price has swung about 18% over the past year — a gauge of how much the value moves, not a judgement of quality. It launched in 2011. Like any investment, it can lose value as well as gain, and what it did before does not predict what it will do next. (Fund data sourced from SPDR.)