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PINK vs. XLV: Two healthcare ETFs differ on fees and strategy
The SPDR fund XLV charges 0.08% in expenses, versus PINK’s 0.51% fee, and XLV’s trailing dividend yield is cited at 1.6% based on $2.53 per share paid over the past year.
Yahoo Finance highlights a comparison between Simplify Health Care ETF (PINK) and State Street Health Care Select Sector SPDR ETF (XLV), both of which offer targeted exposure to healthcare but follow different fund philosophies. The SPDR product is positioned as a low-cost, passive option tied to the healthcare sector index, while the Simplify fund is described as actively managed with a stated charitable mission.
The piece says the expense gap is significant, with XLV’s 0.08% expense ratio contrasted against PINK’s 0.51% fee for long term holders. It also notes that XLV has a higher dividend yield, citing $2.53 per share paid over the trailing 12 months and a yield of about 1.60% at the cited share price level.
On holdings and concentration, Yahoo Finance reports that XLV is designed for large-cap stability by tracking the Health Care Select Sector Index, and it cites 60 holdings with roughly 99.0% of the portfolio allocated to healthcare. The largest positions listed include Eli Lilly at 16.11%, Johnson & Johnson at 10.72%, and AbbVie at 7.79%, and the ETF is described as launched in 1998.
For PINK, the outlet describes it as actively managed by Michael Taylor and cites 58 holdings focused on high growth healthcare areas such as biotechnology, medical technology, and gene therapy. The article adds that while about 89.0% of the fund is in healthcare, it also holds smaller positions in industrials and consumer cyclical stocks, with Thermo Fisher Scientific listed among the top holdings.