XLV - State Street Health Care Select Sector SPDR ETF
The State Street Health Care Select Sector SPDR ETF seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the Health Care Select Sector Index (the "Index"). The Index seeks to provide an effective representation of the health care sector of the S&P 500 Index. Seeks to provide precise exposure to companies in the pharmaceuticals; health care equipment and supplies; health care providers and services; biotechnology; life sciences tools and services; and health care technology industries.
As of May 29, 2026: spot at $149.53, ATM IV 15.2%, max pain $144.00, net GEX $79.2M.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $38.64B
- Beta
- 0.58
- 52-Week Range
- 127.96-160.59
- Dividend Yield
- $2.51
- IPO Date
- Dec 22, 1998
- Exchange
- AMEX
What XLV Looks Like to Options Traders Today
IV rank of 29.4% is subdued relative to the 1-year history, conditions that typically favor premium-buying or long-volatility structures (debit spreads, calendar spreads, long straddles); positive net gamma exposure ($79.2M) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (0.011) 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.
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 seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the Health Care Select Sector Index (the "Index"). The Index seeks to provide an effective representation of the health care sector of the S&P 500 Index. 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 May 29, 2026, the XLV options snapshot shows spot at $149.53, ATM IV 15.2%, IV rank 29.4%, max pain $144.00, net GEX $79.2M, expected move 4.35%. 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 $38.64B, 52-week range of 127.96-160.59. 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 May 29, 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.