Iraq · XLV
If you live in Iraq and want exposure to Health Care Select Sector SPDR Fund (XLV), you no longer need a US brokerage account. Through tokenized stocks on GM Markets, investors in Iraq can buy XLV backed 1:1 by real shares, funded with stablecoins, from just $1. As of the latest update, XLV trades around $159.41 (about IQD 208,663 at recent exchange rates). This guide covers how it works, what it costs, the risks to weigh, and what Iraq investors specifically should know.
About the fund
XLV is an exchange-traded fund that holds the health care companies within the S&P 500, including pharmaceutical, biotech, insurer, and medical-device firms, weighted by market value. It is built to track the Health Care Select Sector Index before fees rather than to beat it.
The bull case
Investors use XLV for one-trade exposure to the US health care sector, a broad theme spanning drugmakers, insurers, and equipment makers in a single position.
Key risks
XLV is a sector fund and therefore less diversified and more volatile than a broad-market ETF, it is concentrated in its largest holdings, and it is exposed to drug-pricing policy, regulatory decisions, and patent cycles specific to health care.
For Iraq investors
Investors in Iraq have generally reached US shares through international brokers or intermediaries offering global access, navigating USD conversion, higher minimums, and onboarding formalities. Tokenized US equities simplify this with direct 1:1 exposure that is self-custodied and available from around $1.
Compare your options
How tokenized assets compare with the traditional routes a non-US investor would otherwise use.
| Route to XLV | Minimum | You fund with | Who holds it | From Iraq |
|---|---|---|---|---|
| Tokenized on GM Markets | From $1 | Stablecoins (USDC) | Your own wallet | Open to Iraq |
| Local stockbroker | Often a whole share | IQD | Broker holds | Limited US coverage |
| International broker | Often hundreds of USD | IQD converted to USD | Broker holds | Varies, may gate residents |
| ADR or local listing | Whole-share price | IQD | Broker holds | Only some US stocks |
Step by step
Create a wallet
GM Markets is non-custodial, so you connect a self-custody wallet and keep your own keys. There is no lengthy brokerage onboarding.
Fund with USDC
Add USDC to your wallet. GM Markets settles trades in stablecoins, so this becomes your buying power.
Find XLV
Search for Health Care Select Sector SPDR Fund (XLV) in the GM Markets terminal to see the live order book and chart.
Place your order
Buy from as little as $1 with a market or limit order. Your XLV token is backed 1:1 by a real share held at a regulated issuer.
Hold, trade, or redeem
Your position settles on-chain and is yours. Sell any time, or hold for exposure to XLV.
Funding
FAQ
Nearby
See the full Health Care Select Sector SPDR Fund guide or trending stocks in Iraq.
Trading involves risk, including possible loss of principal. The value of tokenized assets and perpetual positions can fall as well as rise, and past performance is not indicative of future results. Perpetual futures are leveraged products and may not be suitable for every user.
GM Markets does not offer its product or services to users in the United States, or in any other restricted jurisdiction.
GM Markets does not provide financial, investment, tax, or legal advice. All investments carry risk including the loss of principal. Past performance does not guarantee future returns.
