EATV vs. XLP
Compare and contrast key facts about VegTech Plant-based Innovation & Climate ETF (EATV) and Consumer Staples Select Sector SPDR Fund (XLP).
EATV and XLP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EATV is managed by VegTech. It was launched on Dec 28, 2021. XLP is a passively managed fund by State Street that tracks the performance of the Consumer Staples Select Sector Index. 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: EATV or XLP.
Correlation
The correlation between EATV and XLP is 0.49, 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.
Performance
EATV vs. XLP - Performance Comparison
Key characteristics
EATV:
0.11
XLP:
1.42
EATV:
0.26
XLP:
2.07
EATV:
1.03
XLP:
1.24
EATV:
0.04
XLP:
1.72
EATV:
0.32
XLP:
5.08
EATV:
5.26%
XLP:
2.84%
EATV:
15.01%
XLP:
10.14%
EATV:
-43.96%
XLP:
-35.89%
EATV:
-35.55%
XLP:
-2.75%
Returns By Period
In the year-to-date period, EATV achieves a -3.93% return, which is significantly lower than XLP's 2.91% return.
EATV
-3.93%
-1.45%
-1.56%
0.51%
N/A
N/A
XLP
2.91%
4.74%
0.94%
13.50%
7.45%
7.87%
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EATV vs. XLP - Expense Ratio Comparison
EATV has a 0.75% expense ratio, which is higher than XLP's 0.13% expense ratio.
Risk-Adjusted Performance
EATV vs. XLP — Risk-Adjusted Performance Rank
EATV
XLP
EATV vs. XLP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VegTech Plant-based Innovation & Climate ETF (EATV) and Consumer Staples Select Sector SPDR Fund (XLP). 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
EATV vs. XLP - Dividend Comparison
EATV's dividend yield for the trailing twelve months is around 0.60%, less than XLP's 2.69% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EATV VegTech Plant-based Innovation & Climate ETF | 0.60% | 0.57% | 0.86% | 0.18% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XLP Consumer Staples Select Sector SPDR Fund | 2.69% | 2.77% | 2.63% | 2.47% | 2.28% | 2.50% | 2.57% | 3.04% | 2.62% | 2.53% | 2.53% | 2.40% |
Drawdowns
EATV vs. XLP - Drawdown Comparison
The maximum EATV drawdown since its inception was -43.96%, which is greater than XLP's maximum drawdown of -35.89%. Use the drawdown chart below to compare losses from any high point for EATV and XLP. For additional features, visit the drawdowns tool.
Volatility
EATV vs. XLP - Volatility Comparison
The current volatility for VegTech Plant-based Innovation & Climate ETF (EATV) is 3.61%, while Consumer Staples Select Sector SPDR Fund (XLP) has a volatility of 4.16%. This indicates that EATV experiences smaller price fluctuations and is considered to be less risky than XLP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.