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BKLC vs. XLV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BKLC and XLV is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.7

Performance

BKLC vs. XLV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BNY Mellon US Large Cap Core Equity ETF (BKLC) and Health Care Select Sector SPDR Fund (XLV). The values are adjusted to include any dividend payments, if applicable.

60.00%80.00%100.00%120.00%140.00%JulyAugustSeptemberOctoberNovemberDecember
130.45%
56.10%
BKLC
XLV

Key characteristics

Sharpe Ratio

BKLC:

2.26

XLV:

0.47

Sortino Ratio

BKLC:

3.01

XLV:

0.71

Omega Ratio

BKLC:

1.41

XLV:

1.09

Calmar Ratio

BKLC:

3.38

XLV:

0.40

Martin Ratio

BKLC:

14.95

XLV:

1.38

Ulcer Index

BKLC:

1.90%

XLV:

3.74%

Daily Std Dev

BKLC:

12.62%

XLV:

10.90%

Max Drawdown

BKLC:

-26.14%

XLV:

-39.17%

Current Drawdown

BKLC:

-2.75%

XLV:

-11.91%

Returns By Period

In the year-to-date period, BKLC achieves a 26.58% return, which is significantly higher than XLV's 2.33% return.


BKLC

YTD

26.58%

1M

0.32%

6M

9.85%

1Y

27.26%

5Y*

N/A

10Y*

N/A

XLV

YTD

2.33%

1M

-4.19%

6M

-5.28%

1Y

3.36%

5Y*

7.76%

10Y*

8.97%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


BKLC vs. XLV - Expense Ratio Comparison

BKLC has a 0.00% expense ratio, which is lower than XLV's 0.12% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


XLV
Health Care Select Sector SPDR Fund
Expense ratio chart for XLV: current value at 0.12% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.12%
Expense ratio chart for BKLC: current value at 0.00% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.00%

Risk-Adjusted Performance

BKLC vs. XLV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for BNY Mellon US Large Cap Core Equity ETF (BKLC) 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.


Sharpe ratio
The chart of Sharpe ratio for BKLC, currently valued at 2.26, compared to the broader market0.002.004.002.260.47
The chart of Sortino ratio for BKLC, currently valued at 3.01, compared to the broader market-2.000.002.004.006.008.0010.003.010.71
The chart of Omega ratio for BKLC, currently valued at 1.41, compared to the broader market0.501.001.502.002.503.001.411.09
The chart of Calmar ratio for BKLC, currently valued at 3.38, compared to the broader market0.005.0010.0015.003.380.40
The chart of Martin ratio for BKLC, currently valued at 14.95, compared to the broader market0.0020.0040.0060.0080.00100.0014.951.38
BKLC
XLV

The current BKLC Sharpe Ratio is 2.26, which is higher than the XLV Sharpe Ratio of 0.47. The chart below compares the historical Sharpe Ratios of BKLC and XLV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
2.26
0.47
BKLC
XLV

Dividends

BKLC vs. XLV - Dividend Comparison

BKLC's dividend yield for the trailing twelve months is around 1.20%, which matches XLV's 1.21% yield.


TTM20232022202120202019201820172016201520142013
BKLC
BNY Mellon US Large Cap Core Equity ETF
1.20%1.35%1.64%1.10%0.84%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
XLV
Health Care Select Sector SPDR Fund
1.21%1.59%1.47%1.33%1.49%2.17%1.58%1.47%1.60%1.43%1.35%1.52%

Drawdowns

BKLC vs. XLV - Drawdown Comparison

The maximum BKLC drawdown since its inception was -26.14%, smaller than the maximum XLV drawdown of -39.17%. Use the drawdown chart below to compare losses from any high point for BKLC and XLV. For additional features, visit the drawdowns tool.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-2.75%
-11.91%
BKLC
XLV

Volatility

BKLC vs. XLV - Volatility Comparison

BNY Mellon US Large Cap Core Equity ETF (BKLC) has a higher volatility of 3.97% compared to Health Care Select Sector SPDR Fund (XLV) at 3.45%. This indicates that BKLC'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.


2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
3.97%
3.45%
BKLC
XLV
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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