XBI

State Street SPDR S&P Biotech ETF

$114.01
+0.00%
Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The SPDR S&P Biotech ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Biotechnology Select Industry Index.

Overview

ETF tracking State Street SPDR S&P Biotech ETF

Category Healthcare
Issuer State Street
Inception Date 2008-11-07
Market Cap $6.6B
Average Volume N/A
Dividend Yield 0.04%
52-Week Range $69.80 - $114.11
VWAP $113.98

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The SPDR S&P Biotech ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Biotechnology Select Industry Index.

🎯 Investment Strategy

The fund employs a passive management approach, seeking to track the performance of the underlying index. The index includes domestic companies from the biotechnology industry that meet certain size, liquidity, and other criteria.

✨ Key Features

  • Provides exposure to the broad biotechnology industry through a diversified portfolio of stocks
  • Passively managed to track the performance of the S&P Biotechnology Select Industry Index
  • Low expense ratio of 0.00%
  • Suitable for investors seeking broad healthcare/biotech sector exposure

⚠️ Primary Risks

  • Concentration risk as the fund is focused on the biotechnology industry
  • Volatility risk as the biotech sector can experience significant price swings
  • Liquidity risk for some of the smaller, less-traded component stocks
  • Regulatory and patent-related risks that can impact the biotechnology industry

👤 Best For

This ETF may be suitable for investors with a long-term investment horizon who are looking for diversified exposure to the biotechnology sector and can tolerate the higher volatility associated with this industry. It may be appropriate as a satellite holding within a broader, diversified portfolio.

Top Holdings

Rank Ticker Name Weight Sector
1 RNA AVIDITY BIOSCIENCES INC 2.50% -
2 RVMD REVOLUTION MEDICINES INC 2.36% -
3 INSM INSMED INC 2.14% -
4 REGN REGENERON PHARMACEUTICALS 2.05% -
5 EXAS EXACT SCIENCES CORP 2.03% -
6 BBIO BRIDGEBIO PHARMA INC 2.01% -
7 INCY INCYTE CORP 2.00% -
8 AMGN AMGEN INC 1.98% -
9 MDGL MADRIGAL PHARMACEUTICALS INC 1.96% -
10 ROIV ROIVANT SCIENCES LTD 1.96% -
11 NTRA NATERA INC 1.94% -
12 UTHR UNITED THERAPEUTICS CORP 1.91% -
13 BIIB BIOGEN INC 1.89% -
14 EXEL EXELIXIS INC 1.84% -
15 VRTX VERTEX PHARMACEUTICALS INC 1.83% -