SP 500 Etf Profile

XLV
 Etf
  

USD 132.92  0.36  0.27%   

Market Performance
2 of 100
Odds Of Distress
Less than 1
SP 500 is selling for under 132.92 as of the 19th of August 2022; that is 0.27 percent increase since the beginning of the trading day. The etf's lowest day price was 132.37. SP 500 has a very small chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for SP 500 Healthcare are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of July 2022 and ending today, the 19th of August 2022. Click here to learn more.
In seeking to track the performance of the index, the fund employs a replication strategy. SP 500 is traded on NYSEArca Exchange in the United States. More on SP 500 Healthcare

SP 500 Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. SP 500's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding SP 500 or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
SP 500 Healthcare is unlikely to experience financial distress in the next 2 years
On 24th of June 2022 SP 500 paid $ 0.5042 per share dividend to its current shareholders
The fund keeps 99.89% of its net assets in stocks
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of SP 500's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyOvervalued
IssuerSSgA
Inception Date1998-12-16
BenchmarkS&P Health Care Select Sector Index
Entity TypeRegulated Investment Company
Asset Under Management40.11 Billion
Average Trading Valume7.55 Million
Asset TypeEquity
CategorySector
FocusHealth Care
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorState Street Bank and Trust Company
AdvisorSSgA Funds Management, Inc.
CustodianState Street Bank and Trust Company
DistributorALPS Portfolio Solutions Distributor, Inc.
Portfolio ManagerMike Feehily, Karl Schneider, Dwayne Hancock
Transfer AgentState Street Bank and Trust Company
Fiscal Year End30-Sep
ExchangeNYSE Arca, Inc.
Number of Constituents65.0
Market MakerCitadel
Total Expense0.1
Management Fee0.03
Nav Price132.39
Two Hundred Day Average132.24
Ytd-7.18%
Average Daily Volume In Three Month8.72M
Trailing Annual Dividend Rate1.7
Fifty Two Week Low118.75
As Of Date22nd of July 2022
Trailing Annual Dividend Yield1.28%
Average Daily Volume Last 10 Day7.18M
Fifty Two Week High143.42
One Month4.41%
Fifty Day Average129.09
SP 500 Healthcare [XLV] is traded in USA and was established 1998-12-16. The fund is classified under Health category within SPDR State Street Global Advisors family. SP 500 Healthcare at this time have 37.47 B in net assets. , while the total return for the last 3 years was 14.38%.
Check SP 500 Probability Of Bankruptcy

Geographic Allocation (%)

Top SP 500 Healthcare Constituents

SP 500 Target Price Odds Analysis

What are SP 500's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of SP 500 jumping above the current price in 90 days from now is about 15.11%. The SP 500 Healthcare probability density function shows the probability of SP 500 etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon SP 500 has a beta of 0.794. This entails as returns on the market go up, SP 500 average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SP 500 Healthcare will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. SP 500 Healthcare is significantly underperforming DOW.
  Odds Below 132.92HorizonTargetOdds Above 132.92
84.65%90 days
 132.92 
15.11%
Based on a normal probability distribution, the odds of SP 500 to move above the current price in 90 days from now is about 15.11 (This SP 500 Healthcare probability density function shows the probability of SP 500 Etf to fall within a particular range of prices over 90 days) .

SP 500 Top Holders

SP 500 Healthcare Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. SP 500 market risk premium is the additional return an investor will receive from holding SP 500 long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SP 500. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although SP 500's alpha and beta are two of the key measurements used to evaluate SP 500's performance over the market, the standard measures of volatility play an important role as well.

SP 500 Healthcare Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. SP 500 Healthcare Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe SP 500 price patterns.
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SP 500 Against Markets

Picking the right benchmark for SP 500 etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in SP 500 etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for SP 500 is critical whether you are bullish or bearish towards SP 500 Healthcare at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in SP 500 without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Volatility Analysis

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Invested in SP 500 Healthcare?

You need to understand the risk of investing before taking a position in SP 500. The danger of trading SP 500 Healthcare is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of SP 500 is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than SP 500. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile SP 500 Healthcare is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Current Watchlist. Note that the SP 500 Healthcare information on this page should be used as a complementary analysis to other SP 500's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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When running SP 500 Healthcare price analysis, check to measure SP 500's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SP 500 is operating at the current time. Most of SP 500's value examination focuses on studying past and present price action to predict the probability of SP 500's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move SP 500's price. Additionally, you may evaluate how the addition of SP 500 to your portfolios can decrease your overall portfolio volatility.
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The market value of SP 500 Healthcare is measured differently than its book value, which is the value of SP 500 that is recorded on the company's balance sheet. Investors also form their own opinion of SP 500's value that differs from its market value or its book value, called intrinsic value, which is SP 500's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SP 500's market value can be influenced by many factors that don't directly affect SP 500's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SP 500's value and its price as these two are different measures arrived at by different means. Investors typically determine SP 500 value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SP 500's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.