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Health Care Select Sector SPDR (XLV)

Sector — Healthcare · Benchmark: Index Benchmark · Domiciled in US

AUM
$201.2B
Expense ratio
28.00%
Inception
2016-02-15
VMCI-Composite
64/100
5y CAGR
7.5%

VMCI-Composite holdings score

ValueMarkers builds the VMCI-Composite by taking the underlying VMCI score for each of the ETF's top-10 holdings and weighting it by the holding's share of the fund. The number summarizes the fundamentals of the largest positions on the five-pillar framework — Value, Quality, Integrity, Growth, Risk.

Health Care Select Sector SPDR — analysis

Holding $201.2B in AUM at a 28 bps expense ratio, XLV sits in the sector — healthcare bucket on the ValueMarkers ETF coverage list. The fund tracks Index Benchmark and dates back to 2016.

Inside the ETF, the underlying companies' fundamentals stack to a VMCI-Composite of 64/100 on XLV. The composite is built from the top-10 holdings, weighted by index allocation. The read is above-average composite quality, which is the right anchor when comparing XLV to peer funds in the sector — healthcare category.

On a five-year compound basis, XLV returned 7.5% per year. Against the 6.0% benchmark print, that's a 1.5-pp above-index annualized result, before tax.

XLV pays a trailing-twelve-month dividend yield of 5.00%. Distribution growth has compounded at 8.5% per year over the past five years, which sets the carry profile for income-oriented allocators inside the sector — healthcare category.

Inside XLV: top-10 weight 29%, top position AAPL at 3.38%, top sector Technology at 28%. The concentration profile shapes how much of the fund's return is driven by a small set of names.

XLV's comparable set: SPY, VOO, VTI. Each is a sector — healthcare ETF; the relative-value question is whether the 28 bps expense ratio, the 7.5% 5y CAGR, and the 5.00% yield clear the bar against the peer trio.

Top 25 holdings

#TickerWeightVMCI
1AAPL3.38%40
2MSFT3.38%68
3NVDA3.34%87
4AMZN3.09%44
5GOOGL2.92%80
6META2.92%81
7BRK-B2.83%52
8TSLA2.58%60
9V2.41%82
10JPM2.24%51
11UNH2.24%57
12XOM2.20%44
13JNJ2.12%86
14PG1.86%55
15MA1.82%78
16HD1.73%86
17MRK1.48%70
18AVGO1.27%43
19PEP1.27%79
20COST1.18%71
21KO0.93%70
22WMT0.76%58
23BAC0.76%88
24CVX0.68%81
25ADBE0.59%50

Performance & income

YTD
-0.5%
1y total return
11.0%
3y CAGR
7.9%
5y CAGR vs benchmark
7.5% / 6.0%
Dividend yield
5.00%
5y distribution CAGR
8.5%

Comparable ETFs

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Data refreshed at request time and cached for 6 hours. As of 2026-05-15.

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