EDOC vs. XHS
EDOC (Global X Telemedicine & Digital Health ETF) and XHS (SPDR S&P Health Care Services ETF) are both Health & Biotech Equities funds - EDOC tracks the Solactive Telemedicine & Digital Health Index- TR Net while XHS tracks the S&P Health Care Services Select Industry Index. Both are passively managed. Over the past 5 years, EDOC returned -12.35%/yr vs 4.29%/yr for XHS. A 0.71 correlation means they provide meaningful diversification when combined. EDOC charges 0.68%/yr vs 0.35%/yr for XHS.
Performance
EDOC vs. XHS - Performance Comparison
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Returns By Period
In the year-to-date period, EDOC achieves a -2.48% return, which is significantly lower than XHS's 26.43% return.
EDOC
- 1D
- 0.90%
- 1M
- 10.17%
- 6M
- -8.11%
- YTD
- -2.48%
- 1Y
- -7.84%
- 3Y*
- -7.38%
- 5Y*
- -12.35%
- 10Y*
- —
XHS
- 1D
- 0.07%
- 1M
- 10.62%
- 6M
- 22.40%
- YTD
- 26.43%
- 1Y
- 42.95%
- 3Y*
- 13.39%
- 5Y*
- 4.29%
- 10Y*
- 9.14%
EDOC vs. XHS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
EDOC Global X Telemedicine & Digital Health ETF | -2.48% | -0.62% | -2.87% | -12.61% | -29.99% | -14.21% | 16.89% |
XHS SPDR S&P Health Care Services ETF | 26.43% | 18.83% | 1.76% | 5.15% | -19.87% | 9.76% | 26.87% |
Correlation
The correlation between EDOC and XHS is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.65 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.66 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.74 |
Correlation (All Time) Calculated using the full available price history since Jul 30, 2020 | 0.71 |
The correlation between EDOC and XHS has been stable across timeframes, ranging from 0.65 to 0.74 - a consistent structural relationship.
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Return for Risk
EDOC vs. XHS — Risk / Return Rank
EDOC
XHS
EDOC vs. XHS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Telemedicine & Digital Health ETF (EDOC) and SPDR S&P Health Care Services ETF (XHS). 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.
| EDOC | XHS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.74 | ||
| Sortino ratioReturn per unit of downside risk | -3.57 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.42 | -0.46 |
| Calmar ratioReturn relative to maximum drawdown | -0.26 | 3.60 | -3.85 |
| Martin ratioReturn relative to average drawdown | -0.48 | 11.93 | -12.41 |
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Drawdowns
EDOC vs. XHS - Drawdown Comparison
The maximum EDOC drawdown since its inception was -65.76%, which is greater than XHS's maximum drawdown of -39.32%. Use the drawdown chart below to compare losses from any high point for EDOC and XHS.
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Drawdown Indicators
| EDOC | XHS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.76% | -39.32% | -26.44% |
Max Drawdown (1Y)Largest decline over 1 year | -30.71% | -11.99% | -18.72% |
Max Drawdown (3Y)Largest decline over 3 years | -35.78% | -17.81% | -17.97% |
Max Drawdown (5Y)Largest decline over 5 years | -59.14% | -31.34% | -27.80% |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.32% | — |
Current DrawdownCurrent decline from peak | -57.90% | -1.98% | -55.92% |
Average DrawdownAverage peak-to-trough decline | -43.33% | -10.13% | -33.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.31% | 3.61% | +12.70% |
Volatility
EDOC vs. XHS - Volatility Comparison
Global X Telemedicine & Digital Health ETF (EDOC) has a higher volatility of 7.18% compared to SPDR S&P Health Care Services ETF (XHS) at 5.37%. This indicates that EDOC's price experiences larger fluctuations and is considered to be riskier than XHS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EDOC | XHS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.18% | 5.37% | +1.81% |
Volatility (6M)Calculated over the trailing 6-month period | 17.10% | 12.88% | +4.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.68% | 18.06% | +4.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.59% | 21.24% | +5.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.29% | 22.41% | +3.88% |
EDOC vs. XHS - Expense Ratio Comparison
EDOC has a 0.68% expense ratio, which is higher than XHS's 0.35% expense ratio.
Dividends
EDOC vs. XHS - Dividend Comparison
EDOC's dividend yield for the trailing twelve months is around 0.25%, more than XHS's 0.20% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EDOC Global X Telemedicine & Digital Health ETF | 0.25% | 0.33% | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XHS SPDR S&P Health Care Services ETF | 0.20% | 0.27% | 0.38% | 0.23% | 0.19% | 0.20% | 0.23% | 2.37% | 0.34% | 0.22% | 0.28% | 0.93% |
Frequently Asked Questions
EDOC and XHS have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EDOC has higher volatility (7.18%) compared to XHS (5.37%). In terms of maximum drawdown, EDOC dropped -65.76% vs XHS's -39.32%.
On 5-year performance, XHS leads with 4.29% vs -12.35% for EDOC. On fees, XHS is cheaper at 0.35% per year. On volatility, XHS has been the lower-risk option at 5.37%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, XHS has performed better with a 4.29% return vs -12.35%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
XHS is cheaper with a 0.35% expense ratio, compared with 0.68% for EDOC.
EDOC has the higher dividend yield at 0.25%, compared with 0.20% for XHS.
EDOC tracks Solactive Telemedicine & Digital Health Index- TR Net, while XHS tracks S&P Health Care Services Select Industry Index. They also come from different issuers: Global X and State Street. Their fees differ too: 0.68% for EDOC and 0.35% for XHS.
XHS currently has the higher Sharpe Ratio (2.39 vs -0.35), 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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