AAL vs. XLV
AAL (American Airlines Group Inc.) is a stock, while XLV (State Street Health Care Select Sector SPDR ETF) is Health & Biotech Equities fund tracking the Health Care Select Sector Index. Over the past 10 years, AAL returned -6.71%/yr vs 9.94%/yr for XLV. Their 0.32 correlation means their historical movements had little consistent relationship.
Performance
AAL vs. XLV - Performance Comparison
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Returns By Period
In the year-to-date period, AAL achieves a 8.15% return, which is significantly higher than XLV's 6.95% return. Over the past 10 years, AAL has underperformed XLV with an annualized return of -6.71%, while XLV has yielded a comparatively higher 9.94% annualized return.
AAL
- 1D
- 0.12%
- 1M
- -6.59%
- 6M
- 14.90%
- YTD
- 8.15%
- 1Y
- 42.44%
- 3Y*
- 1.53%
- 5Y*
- -4.63%
- 10Y*
- -6.71%
- ALL TIME*
- -0.86%
XLV
- 1D
- 1.27%
- 1M
- 1.36%
- 6M
- 6.11%
- YTD
- 6.95%
- 1Y
- 26.06%
- 3Y*
- 9.24%
- 5Y*
- 6.01%
- 10Y*
- 9.94%
- ALL TIME*
- 8.67%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.06B | $1.73B | $1.72B | |
| $1.80B | $1.62B | $1.67B |
AAL vs. XLV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AAL American Airlines Group Inc. | 8.15% | -12.05% | 26.86% | 8.02% | -29.18% | 13.89% | -44.81% | -9.57% | -37.69% | 12.40% |
XLV State Street Health Care Select Sector SPDR ETF | 6.95% | 14.50% | 2.47% | 2.07% | -2.08% | 26.04% | 13.30% | 20.45% | 6.28% | 21.77% |
Correlation
The correlation between AAL and XLV is 0.26, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.26 |
Correlation (3Y) Balances recent behavior with more history. | 0.26 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.28 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.27 |
Correlation (All Time) Calculated using the full available price history since Sep 27, 2005 | 0.32 |
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Return for Risk
AAL vs. XLV — Risk / Return Rank
AAL
XLV
AAL vs. XLV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Airlines Group Inc. (AAL) and State Street Health Care Select Sector SPDR ETF (XLV). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AAL | XLV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.81 | ||
| Sortino ratioReturn per unit of downside risk | -1.11 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.29 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 1.14 | 2.50 | -1.36 |
| Martin ratioReturn relative to average drawdown | 2.61 | 5.98 | -3.37 |
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Drawdowns
AAL vs. XLV - Drawdown Comparison
The maximum AAL drawdown since its inception was -97.20%, which is greater than XLV's maximum drawdown of -39.17%. Use the drawdown chart below to compare losses from any high point for AAL and XLV.
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Drawdown Indicators
| AAL | XLV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.20% | -39.17% | -58.03% |
Max Drawdown (1Y)Largest decline over 1 year | -37.39% | -10.47% | -26.92% |
Max Drawdown (3Y)Largest decline over 3 years | -51.39% | -17.11% | -34.28% |
Max Drawdown (5Y)Largest decline over 5 years | -59.25% | -17.11% | -42.14% |
Max Drawdown (10Y)Largest decline over 10 years | -84.14% | -28.40% | -55.74% |
Current DrawdownCurrent decline from peak | -72.06% | -1.85% | -70.21% |
Average DrawdownAverage peak-to-trough decline | -60.52% | -7.09% | -53.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.32% | 4.38% | +11.94% |
Volatility
AAL vs. XLV - Volatility Comparison
American Airlines Group Inc. (AAL) has a higher volatility of 17.32% compared to State Street Health Care Select Sector SPDR ETF (XLV) at 5.24%. This indicates that AAL's price experiences larger fluctuations and is considered to be riskier than XLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AAL | XLV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.32% | 5.24% | +12.08% |
Volatility (6M)Calculated over the trailing 6-month period | 37.69% | 12.06% | +25.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.10% | 15.62% | +33.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 48.49% | 15.04% | +33.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.96% | 16.67% | +36.29% |
Dividends
AAL vs. XLV - Dividend Comparison
AAL has not paid dividends to shareholders, while XLV's dividend yield for the trailing twelve months is around 1.54%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAL American Airlines Group Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.63% | 1.39% | 1.25% | 0.77% | 0.86% | 0.94% |
XLV State Street Health Care Select Sector SPDR ETF | 1.54% | 1.60% | 1.67% | 1.59% | 1.47% | 1.33% | 1.49% | 2.17% | 1.57% | 1.47% | 1.60% | 1.43% |
Frequently Asked Questions
AAL and XLV have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AAL has higher volatility (17.32%) compared to XLV (5.24%). In terms of maximum drawdown, AAL dropped -97.20% vs XLV's -39.17%.
XLV currently has the higher Sharpe Ratio (1.68 vs 0.87), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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