This ETF offers targeted exposure to the health care equipment space, a targeted sector of the health care industry that includes manufacturers of various equipment and supplies. Given this narrow focus, XHE likely isn’t appropriate for investors building a long-term, buy-and-hold portfolio; this ETF will appeal to those looking to implement a tactical tilt towards a very specific corner of the U.S. markets. The equal-weighted nature of the underlying index is appealing for the balance of holdings, as no one name accounts for a meaningful portion of total assets. Investors seeking more broad-based health care exposure may prefer XLV, while those looking to go international have options such as IRY available to them.
| Segment | Equity: U.S. Health Care Equipment & Supplies |
| Category | Sector |
| Focus | Health Care |
| Niche | Health Care Equipment & Supplies |
| Strategy | Equal |
| Weighting Scheme | Equal |
This section compares how balanced and deep this ETF is relative to its peers.
| XHE | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Number of Holdings | 80 | 89 | 80 |
| % of Assets in Top 10 | 18.41% | 42.98% | 18.41% |
| % of Assets in Top 15 | 26.71% | 55.50% | 26.71% |
| % of Assets in Top 50 | 76.82% | 90.43% | 76.82% |
| XHE | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Large (>12.9B) | 26.52% | 50.35% | 26.52% |
| Mid (>2.7B) | 37.04% | 26.77% | 37.04% |
| Small (>600M) | 30.83% | 17.19% | 30.83% |
| Micro (<600M) | 5.57% | 5.29% | 5.57% |
This section compares the P/E ratio of this ETF to its peers.
This section compares the dividend yield of this ETF to its peers.
| XHE | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Dividend | $ 0.01 | $ 0.31 | $ 0.01 |
| Dividend Date | 2022-12-19 | N/A | N/A |
| Annual Dividend Rate | $ 0.02 | $ 0.48 | $ 0.02 |
| Annual Dividend Yield | 0.03% | 0.49% | 0.03% |
View charts featuring XHE price and volume data.
View charts featuring ETF fund flow data.
5 Day Net Flows: -16.16 K 1 Month Net Flows: 35.94 M 3 Month Net Flows: 16.9 M 6 Month Net Flows: 125.19 M 1 Year Net Flows: 109.51 M 3 Year Net Flows: -40.18 M 5 Year Net Flows: 126.22 M 10 Year Net Flows: 360.48 MView charts that break down the influence that fund flows and price had on overall assets.