Summary
State Street SPDR S&P Health Care Equipment ETF is an ETF - a fund traded on an exchange like a stock - run by SPDR. Positions inside: 75. The ten largest make up 18% of the fund.
- Yearly costs
- 0.35%
- Fund size
- $168.7M
- Positions
- 75
- Dividend yield
- 0.06%
- Running since
- 2011
What speaks for it
- Costs of 0.35% a year are below the middle of comparable funds (0.44%).
- Average yearly growth over the last ten years: 5.9%.
- It has been running since 2011.
What to watch
- 98% of the fund is in one sector (Healthcare).
- 94% of the fund is in one country (United States).
- In the last five years its price once dropped by 50% from its high.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -1.1%
- 3 months
- +3.4%
- This year
- +2.0%
- 1 year
- +11%
- 3 years
- +28%
- 5 years
- -28%
- 10 years
- +77%
- Avg. market cap
- $23.0B
- P/E
- 29.0x
- Forward P/E
- 17.7x
- P/S
- 2.3x
- P/B
- 2.6x
- P/FCF
- 22.1x
- EV/EBITDA
- 18.5x
- Dividend yield
- 0.33%
- ROIC
- 43,322.2%
- ROE
- 2.0%
- Gross margin
- 59.0%
- Operating margin
- -12.8%
- Net margin
- -245.8%
- Payout ratio
- 9.7%
- Net debt/EBITDA
- 2.7x
- Beta
- 1.20
Weighted average of the 50 largest companies, which make up 80% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Widely spread- 1 ATAlphatec Holdings, Inc. ATEC 1.9%
- 2 ISIntuitive Surgical ISRG 1.9%
- 3 HAHaemonetics HAE 1.9%
- 4 RMResMed Inc. RMD 1.7%
- 5 QDQuidelOrtho QDEL 1.7%
- 6 ATAtriCure, Inc. ATRC 1.7%
- 7 GEGE HealthCare Technologies GEHC 1.7%
- 8 BDBecton, Dickinson and Company BDX 1.7%
- 9 MDMedline Inc. MDLN 1.7%
- 10 IRIRadimed Corporation IRMD 1.7%
Positions in the fund: 75. The ten largest make up 18% of it.
Composition as of Oct 18, 2026.
Where is it spread?
One sector dominatesBy sector
- Healthcare 98%
- Financials 1.5%
By country
- United States 94%
- Ireland 3.3%
- United Kingdom 3.0%
- Other countries 0.1%
By company size
- Large cap 33%
- Mid cap 29%
- Small cap 38%
- Micro cap 0.7%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest sector: Healthcare (98%). Largest country: United States (94%). Largest size group: Small cap (38%).
What does it cost me?
Cheap- A year from $10,000
- $35.00
- Over 20 years
- $1,714
From every $10,000 invested the fund takes $35.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $1,714.
How has it done?
Growing over the long run- A year on average, 10 years
- +5.9%
- Deepest drop
- -50%
- Yearly volatility
- 23%
Average yearly growth over the last ten years: 5.9%. Deepest drop in these years: 50% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 0.06%
- Payments a year
- 3
- Last payment
- $0.02
Over the last 12 months it paid $0.05 per share, which is 0.06% of today's price. The last payment was $0.02 on Dec 22, 2025.
Is it easy to buy and sell?
Yes- Traded a day
- $2.76M
- Shares a day
- 31K
On an average day about $2.76M of the fund changes hands.
How expensive are the companies inside?
Rather expensive- P/E of the companies inside
- 29.0
- Average Bulios Score
- 58 out of 100
Weight by Bulios Fair Price
- Undervalued 21%
- Fairly valued 6.9%
- Overvalued 72%
On average the companies inside trade for 29.0 times their yearly profit. By Fair Price, 72% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 80% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
MD MDEV First Trust Indxx Medical Devices ETF | United States | 0.70% | $2.02M | +2.7% | Pays out | 36% |
IH IHI iShares U.S. Medical Devices ETF | United States | 0.37% | $3.00B | -11% | Pays out | 36% |
UM UMDV.AS iShares US Medical Devices UCITS ETF USD | Ireland | 0.25% | $163.2M | -12% | Reinvests | 32% |
RS RSPH Invesco S&P 500 Equal Weight Health Care ETF | United States | 0.40% | $786.1M | +27% | Pays out | 27% |
HT HTEC Robo Global Healthcare Technology and Innovation ETF | United States | 0.80% | $66.5M | +31% | Pays out | 26% |
XM XMLH.DE L&G Healthcare Technology & Innovation UCITS ETF | Ireland | 0.49% | $274.0M | +37% | Reinvests | 25% |
