EDOW vs. XLV
Compare and contrast key facts about First Trust Dow 30 Equal Weight ETF (EDOW) and Health Care Select Sector SPDR Fund (XLV).
EDOW and XLV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EDOW is a passively managed fund by First Trust that tracks the performance of the Dow Jones Industrail Average Equal Weight TR. It was launched on Aug 8, 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. Both EDOW and XLV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EDOW or XLV.
Correlation
The correlation between EDOW and XLV is 0.80, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
EDOW vs. XLV - Performance Comparison
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Key characteristics
EDOW:
11.34%
XLV:
14.96%
EDOW:
-0.67%
XLV:
-39.17%
EDOW:
-0.30%
XLV:
-14.59%
Returns By Period
EDOW
N/A
N/A
N/A
N/A
N/A
N/A
XLV
-3.18%
-3.06%
-10.91%
-6.11%
7.62%
7.78%
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EDOW vs. XLV - Expense Ratio Comparison
EDOW has a 0.50% expense ratio, which is higher than XLV's 0.12% expense ratio.
Risk-Adjusted Performance
EDOW vs. XLV — Risk-Adjusted Performance Rank
EDOW
XLV
EDOW vs. XLV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Dow 30 Equal Weight ETF (EDOW) 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.
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Dividends
EDOW vs. XLV - Dividend Comparison
EDOW's dividend yield for the trailing twelve months is around 1.66%, less than XLV's 1.76% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EDOW First Trust Dow 30 Equal Weight ETF | 1.66% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XLV Health Care Select Sector SPDR Fund | 1.76% | 1.67% | 1.59% | 1.47% | 1.33% | 1.49% | 2.17% | 1.57% | 1.47% | 1.60% | 1.43% | 1.35% |
Drawdowns
EDOW vs. XLV - Drawdown Comparison
The maximum EDOW drawdown since its inception was -0.67%, smaller than the maximum XLV drawdown of -39.17%. Use the drawdown chart below to compare losses from any high point for EDOW and XLV. For additional features, visit the drawdowns tool.
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Volatility
EDOW vs. XLV - Volatility Comparison
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