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State Street SPDR S&P Biotech ETF
XBI (State Street SPDR S&P Biotech ETF) is an US Technology Equity ETF by State. With a 0.35% MER, it provides diversified exposure through 130 holdings. Semi-annual distribution with a 0.35% yield.
XBI is an ETF offered by State.
With a 0.35% MER, its fees are in line with category averages. It does not pay a significant distribution — returns are reinvested for capital growth.
This sector ETF works well as a satellite position to overweight a specific sector within an already diversified portfolio.