ETIHX vs. XLV
ETIHX (Eventide Healthcare & Life Sciences Fund) and XLV (State Street Health Care Select Sector SPDR ETF) are both Health & Biotech Equities funds. Over the past 10 years, ETIHX returned 13.53%/yr vs 9.81%/yr for XLV. Their 0.57 correlation means they have sometimes moved together and sometimes differently. ETIHX charges 1.30%/yr vs 0.08%/yr for XLV.
Performance
ETIHX vs. XLV - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ETIHX achieves a 9.00% return, which is significantly higher than XLV's 5.90% return. Over the past 10 years, ETIHX has outperformed XLV with an annualized return of 13.53%, while XLV has yielded a comparatively lower 9.81% annualized return.
ETIHX
- 1D
- 2.90%
- 1M
- -3.94%
- 6M
- 11.15%
- YTD
- 9.00%
- 1Y
- 57.96%
- 3Y*
- 14.60%
- 5Y*
- 7.16%
- 10Y*
- 13.53%
- ALL TIME*
- 15.54%
XLV
- 1D
- -0.59%
- 1M
- -0.73%
- 6M
- 5.94%
- YTD
- 5.90%
- 1Y
- 26.13%
- 3Y*
- 8.60%
- 5Y*
- 5.93%
- 10Y*
- 9.81%
- ALL TIME*
- 8.63%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $1.43B | $1.62B | $1.62B |
ETIHX vs. XLV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ETIHX Eventide Healthcare & Life Sciences Fund | 9.00% | 56.73% | -10.13% | 11.01% | -19.62% | -16.87% | 37.12% | 58.74% | -0.27% | 45.83% |
XLV State Street Health Care Select Sector SPDR ETF | 5.90% | 14.50% | 2.47% | 2.07% | -2.08% | 26.04% | 13.30% | 20.45% | 6.28% | 21.77% |
Correlation
The correlation between ETIHX and XLV is 0.42, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.42 |
Correlation (3Y) Balances recent behavior with more history. | 0.48 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.49 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.53 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2013 | 0.57 |
The correlation between ETIHX and XLV shifts across timeframes, from 0.42 (1 year) to 0.57 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ETIHX vs. XLV — Risk / Return Rank
ETIHX
XLV
ETIHX vs. XLV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eventide Healthcare & Life Sciences Fund (ETIHX) and State Street Health Care Select Sector SPDR ETF (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.
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.
| ETIHX | XLV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.61 | ||
| Sortino ratioReturn per unit of downside risk | +0.34 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.30 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 4.72 | 2.57 | +2.14 |
| Martin ratioReturn relative to average drawdown | 13.34 | 6.15 | +7.19 |
Loading charts...
Drawdowns
ETIHX vs. XLV - Drawdown Comparison
The maximum ETIHX drawdown since its inception was -55.11%, which is greater than XLV's maximum drawdown of -39.17%. Use the drawdown chart below to compare losses from any high point for ETIHX and XLV.
Loading charts...
Drawdown Indicators
| ETIHX | XLV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.11% | -39.17% | -15.94% |
Max Drawdown (1Y)Largest decline over 1 year | -12.50% | -10.47% | -2.03% |
Max Drawdown (3Y)Largest decline over 3 years | -33.23% | -17.11% | -16.12% |
Max Drawdown (5Y)Largest decline over 5 years | -49.27% | -17.11% | -32.16% |
Max Drawdown (10Y)Largest decline over 10 years | -55.11% | -28.40% | -26.71% |
Current DrawdownCurrent decline from peak | -5.74% | -2.82% | -2.92% |
Average DrawdownAverage peak-to-trough decline | -17.83% | -7.09% | -10.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.41% | 4.37% | +0.04% |
Volatility
ETIHX vs. XLV - Volatility Comparison
Eventide Healthcare & Life Sciences Fund (ETIHX) has a higher volatility of 8.37% compared to State Street Health Care Select Sector SPDR ETF (XLV) at 6.03%. This indicates that ETIHX'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.
Loading charts...
Volatility by Period
| ETIHX | XLV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.37% | 6.03% | +2.34% |
Volatility (6M)Calculated over the trailing 6-month period | 20.58% | 12.07% | +8.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.32% | 15.90% | +9.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.06% | 15.04% | +13.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.34% | 16.66% | +11.68% |
ETIHX vs. XLV - Expense Ratio Comparison
ETIHX has a 1.30% expense ratio, which is higher than XLV's 0.08% expense ratio.
Dividends
ETIHX vs. XLV - Dividend Comparison
ETIHX has not paid dividends to shareholders, while XLV's dividend yield for the trailing twelve months is around 1.56%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ETIHX Eventide Healthcare & Life Sciences Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 10.78% | 3.49% | 2.08% | 7.33% | 1.28% | 0.00% | 1.22% |
XLV State Street Health Care Select Sector SPDR ETF | 1.56% | 1.60% | 1.67% | 1.59% | 1.47% | 1.33% | 1.49% | 2.17% | 1.57% | 1.47% | 1.60% | 1.43% |
Frequently Asked Questions
ETIHX and XLV have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ETIHX has higher volatility (8.37%) compared to XLV (6.03%). In terms of maximum drawdown, ETIHX dropped -55.11% vs XLV's -39.17%.
ETIHX currently has the higher Sharpe Ratio (2.33 vs 1.72), 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.
Find the right allocation for ETIHX and XLV
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer