XLV - State Street Health Care Select Sector SPDR ETF
The State Street Health Care Select Sector SPDR ETF (XLV) is designed to reflect, before expenses, the price and yield performance of the Health Care Select Sector Index. This benchmark offers a clear representation of the healthcare industry within the S&P 500. The fund provides focused exposure to companies across diverse healthcare fields, such as pharmaceuticals, medical equipment and supplies, healthcare providers and services, biotechnology, life sciences tools and services, and health technology.
As of Oct 14, 2026: spot at $173.56, ATM IV 19.0%, max pain $168.00, net GEX $54.3M.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $45.02B
- Beta
- 0.56
- 52-Week Range
- 141.36-176.6
- Dividend Yield
- $2.55
- IPO Date
- Dec 22, 1998
- Exchange
- AMEX
What XLV Looks Like to Options Traders Today
IV rank of 64.9% sits near the 1-year median, where strategy choice depends on directional conviction and the event calendar rather than vol regime alone; positive net gamma exposure ($54.3M) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (0.004) is roughly flat across the wings.
What This Page Covers
The XLV overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.
XLV fund facts: expense ratio 0.08%, assets under management $43.11B, NAV $167.08 as of the data source's update on Oct 8, 2026, 64 holdings in its latest file, launched Dec 16, 1998, issued by SPDR. See the XLV holdings.
Frequently asked XLV overview questions
- What is XLV?
- XLV is the ticker symbol for State Street Health Care Select Sector SPDR ETF, an listed exchange-traded fund. The State Street Health Care Select Sector SPDR ETF (XLV) is designed to reflect, before expenses, the price and yield performance of the Health Care Select Sector Index. This benchmark offers a clear representation of the healthcare industry within the S&P 500. Listed on AMEX. XLV is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
- What does the XLV options snapshot look like today?
- As of Oct 14, 2026, the XLV options snapshot shows spot at $173.56, ATM IV 19.0%, IV rank 64.9%, max pain $168.00, net GEX $54.3M, expected move 5.45%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
- What are XLV's key statistics?
- State Street Health Care Select Sector SPDR ETF (XLV) carries a market capitalization of $45.02B, 52-week range of 141.36-176.6. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
- What sector or industry does XLV belong to?
- State Street Health Care Select Sector SPDR ETF operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare XLV's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the XLV data on this page?
- The options snapshot above is dated Oct 14, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.