AZO vs. XLV
Compare and contrast key facts about AutoZone, Inc. (AZO) and Health Care Select Sector SPDR Fund (XLV).
XLV is a passively managed fund by State Street that tracks the performance of the Health Care Select Sector. It was launched on Dec 16, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AZO or XLV.
Key characteristics
| AZO | XLV | |
|---|---|---|
| YTD Return | 13.91% | 3.66% |
| 1Y Return | 11.36% | 7.16% |
| 3Y Return (Ann) | 26.86% | 6.08% |
| 5Y Return (Ann) | 23.34% | 11.55% |
| 10Y Return (Ann) | 18.71% | 11.19% |
| Sharpe Ratio | 0.46 | 0.56 |
| Daily Std Dev | 21.63% | 10.72% |
| Max Drawdown | -46.33% | -39.18% |
| Current Drawdown | -9.08% | -4.65% |
Correlation
The correlation between AZO and XLV is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
AZO vs. XLV - Performance Comparison
In the year-to-date period, AZO achieves a 13.91% return, which is significantly higher than XLV's 3.66% return. Over the past 10 years, AZO has outperformed XLV with an annualized return of 18.71%, while XLV has yielded a comparatively lower 11.19% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
AZO vs. XLV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AutoZone, Inc. (AZO) and Health Care Select Sector SPDR Fund (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.
Dividends
AZO vs. XLV - Dividend Comparison
AZO has not paid dividends to shareholders, while XLV's dividend yield for the trailing twelve months is around 1.56%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AZO AutoZone, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XLV Health Care Select Sector SPDR Fund | 1.56% | 1.59% | 1.47% | 1.33% | 1.49% | 2.16% | 1.56% | 1.46% | 1.59% | 1.43% | 1.34% | 1.51% |
Drawdowns
AZO vs. XLV - Drawdown Comparison
The maximum AZO drawdown since its inception was -46.33%, which is greater than XLV's maximum drawdown of -39.18%. Use the drawdown chart below to compare losses from any high point for AZO and XLV. For additional features, visit the drawdowns tool.
Volatility
AZO vs. XLV - Volatility Comparison
AutoZone, Inc. (AZO) has a higher volatility of 4.46% compared to Health Care Select Sector SPDR Fund (XLV) at 3.76%. This indicates that AZO'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.