EDOC vs. XLVI
EDOC (Global X Telemedicine & Digital Health ETF) and XLVI (State Street Health Care Select Sector SPDR Premium Income ETF) are both exchange-traded funds - EDOC is a Health & Biotech Equities fund tracking the Solactive Telemedicine & Digital Health Index- TR Net, while XLVI is a Derivative Income fund actively managed by State Street. EDOC is passively managed, while XLVI is actively managed. Over the past year, EDOC returned -10.31% vs 22.96% for XLVI. Their 0.46 correlation means their historical movements had little consistent relationship. EDOC charges 0.68%/yr vs 0.35%/yr for XLVI.
Performance
EDOC vs. XLVI - Performance Comparison
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Returns By Period
In the year-to-date period, EDOC achieves a -5.19% return, which is significantly lower than XLVI's 6.89% return.
EDOC
- 1D
- 2.94%
- 1M
- -4.37%
- 6M
- -2.05%
- YTD
- -5.19%
- 1Y
- -10.31%
- 3Y*
- -6.93%
- 5Y*
- -12.95%
- 10Y*
- —
- ALL TIME*
- -9.16%
XLVI
- 1D
- -0.20%
- 1M
- 0.97%
- 6M
- 6.00%
- YTD
- 6.89%
- 1Y
- 22.96%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 19.93%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $260.96K | $227.88K | $213.27K | |
| $940.40K | $699.80K | $484.44K |
EDOC vs. XLVI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
EDOC Global X Telemedicine & Digital Health ETF | -5.19% | -7.59% |
XLVI State Street Health Care Select Sector SPDR Premium Income ETF | 6.89% | 12.41% |
Correlation
The correlation between EDOC and XLVI is 0.47, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.47 |
Correlation (All Time) Calculated using the full available price history since Jul 30, 2025 | 0.46 |
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Return for Risk
EDOC vs. XLVI — Risk / Return Rank
EDOC
XLVI
EDOC vs. XLVI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Telemedicine & Digital Health ETF (EDOC) and State Street Health Care Select Sector SPDR Premium Income ETF (XLVI). 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 | XLVI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.60 | ||
| Sortino ratioReturn per unit of downside risk | -3.75 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.41 | -0.46 |
| Calmar ratioReturn relative to maximum drawdown | -0.34 | 2.83 | -3.17 |
| Martin ratioReturn relative to average drawdown | -0.61 | 8.00 | -8.61 |
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Drawdowns
EDOC vs. XLVI - Drawdown Comparison
The maximum EDOC drawdown since its inception was -65.76%, which is greater than XLVI's maximum drawdown of -8.14%. Use the drawdown chart below to compare losses from any high point for EDOC and XLVI.
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Drawdown Indicators
| EDOC | XLVI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.76% | -8.14% | -57.62% |
Max Drawdown (1Y)Largest decline over 1 year | -30.71% | -8.14% | -22.57% |
Max Drawdown (3Y)Largest decline over 3 years | -34.56% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -59.14% | — | — |
Current DrawdownCurrent decline from peak | -59.07% | -1.66% | -57.41% |
Average DrawdownAverage peak-to-trough decline | -43.49% | -1.78% | -41.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.90% | 2.88% | +14.02% |
Volatility
EDOC vs. XLVI - Volatility Comparison
Global X Telemedicine & Digital Health ETF (EDOC) has a higher volatility of 6.91% compared to State Street Health Care Select Sector SPDR Premium Income ETF (XLVI) at 3.36%. This indicates that EDOC's price experiences larger fluctuations and is considered to be riskier than XLVI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EDOC | XLVI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.91% | 3.36% | +3.55% |
Volatility (6M)Calculated over the trailing 6-month period | 17.44% | 8.73% | +8.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.91% | 10.75% | +12.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.67% | 11.04% | +15.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.27% | 11.04% | +15.23% |
EDOC vs. XLVI - Expense Ratio Comparison
EDOC has a 0.68% expense ratio, which is higher than XLVI's 0.35% expense ratio.
Dividends
EDOC vs. XLVI - Dividend Comparison
EDOC's dividend yield for the trailing twelve months is around 0.26%, less than XLVI's 12.76% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
EDOC Global X Telemedicine & Digital Health ETF | 0.26% | 0.33% | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% |
XLVI State Street Health Care Select Sector SPDR Premium Income ETF | 12.76% | 5.73% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EDOC and XLVI have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EDOC has higher volatility (6.91%) compared to XLVI (3.36%). In terms of maximum drawdown, EDOC dropped -65.76% vs XLVI's -8.14%.
On 1-year performance, XLVI leads with 22.96% vs -10.31% for EDOC. On fees, XLVI is cheaper at 0.35% per year. On volatility, XLVI has been the lower-risk option at 3.36%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, XLVI has performed better with a 22.96% return vs -10.31%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
XLVI is cheaper with a 0.35% expense ratio, compared with 0.68% for EDOC.
XLVI has the higher dividend yield at 12.76%, compared with 0.26% for EDOC.
EDOC is categorized as Health & Biotech Equities, while XLVI is Derivative Income. They also come from different issuers: Global X and State Street. Their fees differ too: 0.68% for EDOC and 0.35% for XLVI.
XLVI currently has the higher Sharpe Ratio (2.15 vs -0.45), 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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