XLVIState Street Health Care Select Sector SPDR Premium Income ETF
Seeks current income while maintaining prospects for long-term capital growth.
By State Street Investment Management · Launched 2025
0.35%
#1,651 of 5,861 · low cost
$15M
#4,668 of 5,861 · small
—
1 year
#4,532 of 5,861 · young
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
AlternativeRegion
North americaStrategy
Option income
Index tracked
Health Care Select Sector Index
What it actually holds
By weightConcentration
Top 4 holdings = 99.9% of fundconcentrated
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsYear-on-year price swings
Worst peak-to-trough loss
Needs 3+ years of history
Needs 3+ years of history
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks current income while maintaining prospects for long-term capital growth.
- Strategy
- Invests primarily in Health Care companies and the State Street Health Care Select Sector SPDR ETF, while selling call options to generate additional income. Concentrates investments in the Health Care sector of the S&P 500 Index, identified by GICS.
- Inception date
- July 29, 2025
- Fund family
- State Street Investment Management
Similar funds
Same asset class, closest by strategy & exposureOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
The big yield isn't extra money
The headline distribution comes from selling call options, which caps the fund's upside. Across a full market cycle that trade costs more than it brings in — often 1 to 3 percentage points a year against just holding the index. Monthly payouts make the gap easy to miss on a return summary.
Sources: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
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Data updated on 2026-08-04