^SPXHC vs. IVV
Compare and contrast key facts about S&P 500 Health Care Index (^SPXHC) and iShares Core S&P 500 ETF (IVV).
IVV is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 15, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^SPXHC or IVV.
Correlation
The correlation between ^SPXHC and IVV is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
^SPXHC vs. IVV - Performance Comparison
Key characteristics
^SPXHC:
-0.07
IVV:
0.54
^SPXHC:
0.00
IVV:
0.88
^SPXHC:
1.00
IVV:
1.13
^SPXHC:
-0.06
IVV:
0.56
^SPXHC:
-0.15
IVV:
2.27
^SPXHC:
6.49%
IVV:
4.60%
^SPXHC:
14.24%
IVV:
19.38%
^SPXHC:
-40.78%
IVV:
-55.25%
^SPXHC:
-11.75%
IVV:
-9.86%
Returns By Period
In the year-to-date period, ^SPXHC achieves a 0.62% return, which is significantly higher than IVV's -5.70% return. Over the past 10 years, ^SPXHC has underperformed IVV with an annualized return of 6.78%, while IVV has yielded a comparatively higher 12.11% annualized return.
^SPXHC
0.62%
-4.29%
-6.86%
-0.99%
6.73%
6.78%
IVV
-5.70%
-0.84%
-4.55%
9.82%
15.25%
12.11%
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Risk-Adjusted Performance
^SPXHC vs. IVV — Risk-Adjusted Performance Rank
^SPXHC
IVV
^SPXHC vs. IVV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for S&P 500 Health Care Index (^SPXHC) and iShares Core S&P 500 ETF (IVV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Drawdowns
^SPXHC vs. IVV - Drawdown Comparison
The maximum ^SPXHC drawdown since its inception was -40.78%, smaller than the maximum IVV drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for ^SPXHC and IVV. For additional features, visit the drawdowns tool.
Volatility
^SPXHC vs. IVV - Volatility Comparison
The current volatility for S&P 500 Health Care Index (^SPXHC) is 9.10%, while iShares Core S&P 500 ETF (IVV) has a volatility of 14.25%. This indicates that ^SPXHC experiences smaller price fluctuations and is considered to be less risky than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.