SPDR® S&P Health Care Services ETF company info

What does SPDR® S&P Health Care Services ETF do?

SPDR® S&P Health Care Services ETF (NYSE:XHS) focuses on the healthcare sector, specifically targeting the services side which includes a range of companies from healthcare providers to medical services firms. As an exchange-traded fund (ETF), it aims to replicate the performance of the Health Care Services Select Industry Index, investing in stocks that constitute the index, thereby providing investors diversified exposure to the healthcare services industry. The objective of XHS is to mirror the investment results of the Health Care Services sector of the S&P Total Market Index, capitalizing on the growth potentials and innovation within this sector. Through this strategy, it offers shareholders an opportunity to tap into the healthcare industry's dynamic evolution and long-term growth prospects, leveraging the industry's resilience and ongoing advancements in healthcare technologies and services.
SPDR® S&P Health Care Services ETF company media

Company Snapshot

Is SPDR® S&P Health Care Services ETF a public or private company?

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Ownership

Public

How many people does SPDR® S&P Health Care Services ETF employ?

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Employees

2,307

What sector is SPDR® S&P Health Care Services ETF in?

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Sector

ETF

Where is the head office for SPDR® S&P Health Care Services ETF?

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Head Office

Boston, United States

What year was SPDR® S&P Health Care Services ETF founded?

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Year Founded

2011

What does SPDR® S&P Health Care Services ETF specialise in?

/Healthcare Investment /ETF Management /Index Tracking /Diversification Strategy /Risk Management /Investment Advisory

What are the products and/or services of SPDR® S&P Health Care Services ETF?

Overview of SPDR® S&P Health Care Services ETF offerings
Provides diversified exposure to the health care services sector, aiming to replicate the performance of the Health Care Services Select Industry Index.
Targets companies in health care equipment and supplies, health care providers and services, biotechnology, and pharmaceuticals offering potential for growth.
Employs a passive management investment approach to minimize expenses and tracking errors relative to the benchmark index.
Offers investors an opportunity to gain exposure to the health care sector, which is known for its resilience during economic downturns.
Accessible to investors through major brokerages, allowing for easy inclusion in diversified investment portfolios.
Provides liquidity with daily trading, enabling investors to buy or sell shares on the stock exchange during market hours.