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

Health | Exchange Traded Fund | NYSEArca
88.23 USD +0.41 (0.464%) ⇧ (July 13, 2026, 3:50 p.m. EDT)
After hours: 88.23

Short-term:★★★⯪☆Long-term:★★★☆☆Dividends:★★⯪☆☆
Hot Take | July 11, 2026, 6:35 a.m. EDT

The health care equipment sector remains a solid long-term hold, but the immediate outlook is mixed due to recent price weakness. Fundamentally, the ETF has delivered a massive +62.67% gain over the last nine years, driven by a powerful bull run from 2017 to 2021. However, the market has punished the sector recently, with two consecutive years of negative annual returns (-11.18% in 2024 and -7.67% in 2025). While the cumulative trajectory is still strongly positive, this trailing decline suggests the market is currently re-rating the business quality downward. The current price of roughly $87.82 sits near the top of the recent 14-day range, indicating some short-term buying interest, yet the statistical forecast model leans slightly negative for the coming month. The dividend yield of 6% is attractive but appears to be a result of the depressed share price rather than a robust payout ratio, offering income but limited capital appreciation potential until the multi-year downtrend stabilizes.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.022388
AutoETS0.022389
AutoTheta0.022790
MSTL0.024322

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 56%
H-stat 1.56
Ljung-Box p 0.000
Jarque-Bera p 0.066
Excess Kurtosis 0.44
Attribute Value
Trailing P/E 28.37

As of July 11, 2026, 6:35 a.m. EDT: Options activity is sparse and lacks directional conviction. Call volume is negligible across expirations, while put interest is similarly thin and concentrated in deep out-of-the-money strikes. Implied volatility is elevated for near-term expiration, suggesting some fear of a drop, but the lack of significant open interest or unusual flow indicates speculators are not actively positioning for a major move in either direction.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.02% 0.06% 0.05% 0.04%
Dividend History
Date Dividend Yield %
2025-12-22 0.0220 0.024366
2025-09-22 0.0300 0.037239
2025-06-23 0.0200 0.025240
2024-12-23 0.0250 0.028074
2024-09-23 0.0070 0.007758
2023-12-18 0.0270 0.033104
2022-12-19 0.0070 0.007919
2022-09-19 0.0140 0.015242
2022-06-21 0.0030 0.003677
2022-03-21 0.0120 0.011068
2021-12-20 0.0020 0.001773
2019-12-23 0.0030 0.003481
2019-06-24 0.0200 0.024777
2019-03-18 0.0240 0.029884
2018-12-24 0.0450 0.069832
2018-09-24 0.0200 0.022878
2017-12-15 0.4920 0.760786
2017-09-15 0.0010 0.001599
2017-06-16 0.0070 0.011743
2016-12-16 0.0290 0.057643
2016-09-16 0.0140 0.027148
2016-06-17 0.0330 0.072735
2016-03-18 0.0110 0.026699
2015-12-18 3.1410 7.214056
2015-09-18 0.0250 0.052444
2015-06-19 0.0350 0.072479
2015-03-20 0.0180 0.037883
2014-12-19 0.6985 1.596571
2014-09-19 0.0395 0.101282
2014-06-20 0.0345 0.087775
2014-03-21 0.0255 0.063750
2013-12-20 0.0330 0.087614
2013-09-20 0.0195 0.057051
2013-06-21 0.0190 0.060279
2013-03-15 0.0010 0.003239
2012-12-21 0.3765 1.333451
2012-09-21 0.0215 0.071204
2012-06-15 0.0160 0.058140
2012-03-16 0.0105 0.037534
2011-12-16 0.0920 0.389583
2011-09-16 0.0070 0.028560
2011-06-17 0.0055 0.020650
2011-03-18 0.0065 0.025830
Additional Data
dividendYield 0.06

Info Dump

Attribute Value
All Time High 133.87
All Time Low 22.33
Ask 88.11
Ask Size 800
Average Daily Volume10 Day 27,240
Average Daily Volume3 Month 34,411
Average Volume 34,411
Average Volume10Days 27,240
Beta3 Year 1.2
Bid 86.94
Bid Size 300
Category Health
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 88.705
Day Low 87.8547
Dividend Yield 0.06
Eps Trailing Twelve Months 3.1095023
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 81.6732
Fifty Day Average Change 6.5543976
Fifty Day Average Change Percent 0.08025151
Fifty Two Week Change Percent 10.077715
Fifty Two Week High 93.62
Fifty Two Week High Change -5.3924026
Fifty Two Week High Change Percent -0.05759883
Fifty Two Week Low 75.63
Fifty Two Week Low Change 12.597603
Fifty Two Week Low Change Percent 0.16656886
Fifty Two Week Range 75.63 - 93.62
First Trade Date Milliseconds 1,296,138,600,000
Five Year Average Return -0.072551295
Full Exchange Name NYSEArca
Fund Family State Street Investment Management
Fund Inception Date 1,296,000,000
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary In seeking to track the performance of the S&P Health Care Equipment Select Industry Index (the "index"), the fund employs a sampling strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the health care equipment segment of the S&P Total Market Index ("S&P TMI").
Long Name State Street SPDR S&P Health Care Equipment ETF
Market us_market
Market State POSTPOST
Max Age 86,400
Message Board Id finmb_118789343
Nav Price 87.60796
Net Assets 151,436,800.0
Net Expense Ratio 0.35
Open 87.49
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 88.2276
Post Market Time 1,783,976,700
Previous Close 87.82
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change 0.4076
Regular Market Change Percent 0.464132
Regular Market Day High 88.705
Regular Market Day Low 87.8547
Regular Market Day Range 87.8547 - 88.705
Regular Market Open 87.49
Regular Market Previous Close 87.82
Regular Market Price 88.2276
Regular Market Time 1,783,972,251
Regular Market Volume 13,623
Short Name State Street SPDR S&P Health Ca
Source Interval 15
Symbol XHE
Three Year Average Return -0.0261094
Total Assets 151,436,800
Tradeable 0
Trailing P E 28.373545
Trailing Peg Ratio None
Trailing Three Month Nav Returns 7.38401
Trailing Three Month Returns 7.38401
Triggerable 1
Two Hundred Day Average 83.43725
Two Hundred Day Average Change 4.790352
Two Hundred Day Average Change Percent 0.05741263
Type Disp ETF
Volume 13,623
Yield 0.00059999997
Ytd Return -4.53127