What does XHS mean in NYSE SYMBOLS
SPDR S&P Health Care Services ETF (XHS) is an exchange-traded fund that tracks the performance of U.S. health care services companies. It provides investors with exposure to a basket of securities including pharmaceuticals, medical technology, life sciences, long-term care providers and other services related to health care. The fund seeks to provide investors with a diversified portfolio of stocks from all sectors of the U.S. health care industry.
XHS meaning in NYSE Symbols in Business
XHS mostly used in an acronym NYSE Symbols in Category Business that means SPDR S&P Health Care Services ETF
Shorthand: XHS,
Full Form: SPDR S&P Health Care Services ETF
For more information of "SPDR S&P Health Care Services ETF", see the section below.
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Benefits
The main benefit offered by XHS is exposure to a wide range of health care service stocks that would otherwise be unavailable in a traditional portfolio due to the high costs associated with individual stock selection and research. Furthermore, investing in XHS eliminates country risk as it only includes companies based in the United States. Finally, XHS offers ongoing cost savings through minimal trading costs and low expense ratio relative to actively managed funds.
Essential Questions and Answers on SPDR S&P Health Care Services ETF in "BUSINESS»NYSESYMBOLS"
What is the SPDR S&P Health Care Services ETF?
The SPDR S&P Health Care Services ETF (XHS) is an exchange-traded fund (ETF) that seeks to replicate the performance of the S&P Health Care Services Select Industry Index. This index tracks large, mid, and small capitalization companies involved in the provision of health care services, including medical professionals, hospitals, nursing homes, medical equipment and facilities.
How do I invest in XHS?
You can invest in XHS by purchasing shares through a brokerage account or other financial institution. If you are already invested in a mutual fund or ETF that holds shares of XHS, it can be purchased directly from your existing portfolio.
What are the benefits of investing in XHS?
Investing in XHS provides exposure to an emerging area of healthcare services which many investors have previously overlooked. It also provides diversification across multiple sectors within healthcare services as well as access to a broad range of size and style components within each sector.
Is XHS suitable for all investors?
No. When considering any investment, it is important to consider your own risk tolerance and investment objectives before making any decisions. As with any security, investors should carefully research potential returns and understand the risks associated with investing in such a fund before investing.
Who manages XHS investments?
The investments held within XHS are managed by the State Street Global Advisors Ucits Platform team located in Dublin Ireland who specialize in passive asset management strategies designed to replicate indices like the S&P Health Care Services Select Industry Index that underpins this ETF.
What types of stocks does XHS hold?
The underlying index for XHS invests primarily in large cap stocks with smaller components devoted toward mid-cap and small-cap stocks from industries such as pharmaceuticals and biotechnology; managed care; health care services; providers and distributors; medical equipment & supplies; home health & long term care; hospitals; medical technology & tools; drugs & drug stores; medical products & services; consumer goods distributors; retail health care corporations; life sciences tools & diagnostics; generic drugs manufacturers; healthcare information technology companies and specialty retailers related to health care goods/services.
Do I need to pay taxes on my dividends from XHS?
Generally speaking, yes — dividend payments received from investments held within an ETF such as XSH are taxed at ordinary income rates but you should consult with a tax professional for more detailed advice on this topic.
How has the performance of XSH been over time?
Over its lifetime since 2013, performance for this ETF has been strong with cumulative returns exceeding 150%. Performance has not always been positive however with two five-year periods between 2007-2012 suffering negative returns when global economic conditions were weaker during those periods.
Final Words:
Investing in SPDR S&P Health Care Services ETF (XHS) provides investors with a way to access U.S.-based health care service stocks without having to pay for individual stock selection or face international country risk factors. Along with potentially higher returns than a traditional portfolio, XHS offers low trading costs and an attractive expense ratio making it an attractive option for many types of investors looking for access into this sector.