DLDFX vs. XLV
Compare and contrast key facts about Destinations Low Duration Fixed Income Fund (DLDFX) and Health Care Select Sector SPDR Fund (XLV).
DLDFX is managed by Destinations Funds. It was launched on Mar 20, 2017. 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: DLDFX or XLV.
Key characteristics
| DLDFX | XLV | |
|---|---|---|
| YTD Return | 2.65% | 5.56% |
| 1Y Return | 7.99% | 10.30% |
| 3Y Return (Ann) | 4.00% | 6.81% |
| 5Y Return (Ann) | 3.58% | 12.23% |
| Sharpe Ratio | 4.90 | 0.97 |
| Daily Std Dev | 1.63% | 10.52% |
| Max Drawdown | -8.64% | -39.18% |
| Current Drawdown | -0.11% | -2.90% |
Correlation
The correlation between DLDFX and XLV is 0.18, 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
DLDFX vs. XLV - Performance Comparison
In the year-to-date period, DLDFX achieves a 2.65% return, which is significantly lower than XLV's 5.56% 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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DLDFX vs. XLV - Expense Ratio Comparison
DLDFX has a 0.93% expense ratio, which is higher than XLV's 0.12% expense ratio.
Risk-Adjusted Performance
DLDFX vs. XLV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Destinations Low Duration Fixed Income Fund (DLDFX) 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
DLDFX vs. XLV - Dividend Comparison
DLDFX's dividend yield for the trailing twelve months is around 5.87%, more than XLV's 1.54% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DLDFX Destinations Low Duration Fixed Income Fund | 5.87% | 5.77% | 5.72% | 4.02% | 3.86% | 3.49% | 3.52% | 1.98% | 0.00% | 0.00% | 0.00% | 0.00% |
XLV Health Care Select Sector SPDR Fund | 1.54% | 1.59% | 1.47% | 1.33% | 1.49% | 2.16% | 1.56% | 1.46% | 1.59% | 1.43% | 1.34% | 1.51% |
Drawdowns
DLDFX vs. XLV - Drawdown Comparison
The maximum DLDFX drawdown since its inception was -8.64%, smaller than the maximum XLV drawdown of -39.18%. Use the drawdown chart below to compare losses from any high point for DLDFX and XLV. For additional features, visit the drawdowns tool.
Volatility
DLDFX vs. XLV - Volatility Comparison
The current volatility for Destinations Low Duration Fixed Income Fund (DLDFX) is 0.83%, while Health Care Select Sector SPDR Fund (XLV) has a volatility of 2.06%. This indicates that DLDFX experiences smaller price fluctuations and is considered to be less risky than XLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.