ESIC.L vs. XLV
Compare and contrast key facts about iShares MSCI Europe Consumer Discretionary Sector UCITS ETF EUR (Acc) (ESIC.L) and Health Care Select Sector SPDR Fund (XLV).
ESIC.L and XLV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ESIC.L is a passively managed fund by iShares that tracks the performance of the Cat 50%MSCI Wld/CD NR&50%MSCI Wld/CS NR. It was launched on Nov 17, 2020. 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 ESIC.L 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: ESIC.L or XLV.
Key characteristics
| ESIC.L | XLV | |
|---|---|---|
| YTD Return | 9.28% | 7.59% |
| 1Y Return | 3.42% | 13.56% |
| 3Y Return (Ann) | 4.71% | 7.47% |
| Sharpe Ratio | 0.20 | 1.19 |
| Daily Std Dev | 17.45% | 10.61% |
| Max Drawdown | -28.93% | -39.18% |
| Current Drawdown | -1.00% | -1.04% |
Correlation
The correlation between ESIC.L and XLV is 0.32, 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
ESIC.L vs. XLV - Performance Comparison
In the year-to-date period, ESIC.L achieves a 9.28% return, which is significantly higher than XLV's 7.59% 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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ESIC.L vs. XLV - Expense Ratio Comparison
ESIC.L has a 0.18% expense ratio, which is higher than XLV's 0.12% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
ESIC.L vs. XLV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Europe Consumer Discretionary Sector UCITS ETF EUR (Acc) (ESIC.L) 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
ESIC.L vs. XLV - Dividend Comparison
ESIC.L has not paid dividends to shareholders, while XLV's dividend yield for the trailing twelve months is around 1.51%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ESIC.L iShares MSCI Europe Consumer Discretionary Sector UCITS ETF EUR (Acc) | 0.00% | 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 | 1.51% | 1.59% | 1.47% | 1.33% | 1.49% | 2.16% | 1.56% | 1.46% | 1.59% | 1.43% | 1.34% | 1.51% |
Drawdowns
ESIC.L vs. XLV - Drawdown Comparison
The maximum ESIC.L drawdown since its inception was -28.93%, smaller than the maximum XLV drawdown of -39.18%. Use the drawdown chart below to compare losses from any high point for ESIC.L and XLV. For additional features, visit the drawdowns tool.
Volatility
ESIC.L vs. XLV - Volatility Comparison
iShares MSCI Europe Consumer Discretionary Sector UCITS ETF EUR (Acc) (ESIC.L) has a higher volatility of 4.29% compared to Health Care Select Sector SPDR Fund (XLV) at 2.41%. This indicates that ESIC.L's price experiences larger fluctuations and is considered to be riskier than XLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.