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FBT vs. XLV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FBT and XLV is 0.75, 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.


-0.50.00.51.0
Correlation: 0.7

Performance

FBT vs. XLV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Amex Biotechnology Index (FBT) and Health Care Select Sector SPDR Fund (XLV). The values are adjusted to include any dividend payments, if applicable.

500.00%550.00%600.00%650.00%700.00%750.00%800.00%850.00%NovemberDecember2025FebruaryMarchApril
726.89%
535.57%
FBT
XLV

Key characteristics

Sharpe Ratio

FBT:

0.50

XLV:

-0.05

Sortino Ratio

FBT:

0.81

XLV:

0.03

Omega Ratio

FBT:

1.11

XLV:

1.00

Calmar Ratio

FBT:

0.49

XLV:

-0.05

Martin Ratio

FBT:

2.06

XLV:

-0.12

Ulcer Index

FBT:

5.19%

XLV:

6.00%

Daily Std Dev

FBT:

21.33%

XLV:

14.30%

Max Drawdown

FBT:

-40.51%

XLV:

-39.17%

Current Drawdown

FBT:

-12.51%

XLV:

-11.14%

Returns By Period

In the year-to-date period, FBT achieves a -4.10% return, which is significantly lower than XLV's 0.74% return. Over the past 10 years, FBT has underperformed XLV with an annualized return of 3.55%, while XLV has yielded a comparatively higher 8.41% annualized return.


FBT

YTD

-4.10%

1M

-4.39%

6M

-4.31%

1Y

11.72%

5Y*

0.53%

10Y*

3.55%

XLV

YTD

0.74%

1M

-4.77%

6M

-6.31%

1Y

0.23%

5Y*

8.04%

10Y*

8.41%

*Annualized

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FBT vs. XLV - Expense Ratio Comparison

FBT has a 0.57% expense ratio, which is higher than XLV's 0.12% expense ratio.


Expense ratio chart for FBT: current value is 0.57%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FBT: 0.57%
Expense ratio chart for XLV: current value is 0.12%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
XLV: 0.12%

Risk-Adjusted Performance

FBT vs. XLV — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FBT
The Risk-Adjusted Performance Rank of FBT is 5959
Overall Rank
The Sharpe Ratio Rank of FBT is 5858
Sharpe Ratio Rank
The Sortino Ratio Rank of FBT is 5858
Sortino Ratio Rank
The Omega Ratio Rank of FBT is 5757
Omega Ratio Rank
The Calmar Ratio Rank of FBT is 6262
Calmar Ratio Rank
The Martin Ratio Rank of FBT is 6262
Martin Ratio Rank

XLV
The Risk-Adjusted Performance Rank of XLV is 1818
Overall Rank
The Sharpe Ratio Rank of XLV is 1919
Sharpe Ratio Rank
The Sortino Ratio Rank of XLV is 1717
Sortino Ratio Rank
The Omega Ratio Rank of XLV is 1717
Omega Ratio Rank
The Calmar Ratio Rank of XLV is 1818
Calmar Ratio Rank
The Martin Ratio Rank of XLV is 1919
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FBT vs. XLV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Amex Biotechnology Index (FBT) 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.


The chart of Sharpe ratio for FBT, currently valued at 0.50, compared to the broader market-1.000.001.002.003.004.00
FBT: 0.50
XLV: -0.05
The chart of Sortino ratio for FBT, currently valued at 0.81, compared to the broader market-2.000.002.004.006.008.00
FBT: 0.81
XLV: 0.03
The chart of Omega ratio for FBT, currently valued at 1.11, compared to the broader market0.501.001.502.002.50
FBT: 1.11
XLV: 1.00
The chart of Calmar ratio for FBT, currently valued at 0.49, compared to the broader market0.002.004.006.008.0010.0012.00
FBT: 0.49
XLV: -0.05
The chart of Martin ratio for FBT, currently valued at 2.06, compared to the broader market0.0020.0040.0060.00
FBT: 2.06
XLV: -0.12

The current FBT Sharpe Ratio is 0.50, which is higher than the XLV Sharpe Ratio of -0.05. The chart below compares the historical Sharpe Ratios of FBT and XLV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.00NovemberDecember2025FebruaryMarchApril
0.50
-0.05
FBT
XLV

Dividends

FBT vs. XLV - Dividend Comparison

FBT's dividend yield for the trailing twelve months is around 0.74%, less than XLV's 1.69% yield.


TTM20242023202220212020201920182017201620152014
FBT
First Trust Amex Biotechnology Index
0.74%0.71%0.00%0.00%1.37%0.00%0.00%0.00%0.00%0.00%0.12%0.05%
XLV
Health Care Select Sector SPDR Fund
1.69%1.67%1.59%1.47%1.33%1.49%2.17%1.58%1.47%1.60%1.43%1.35%

Drawdowns

FBT vs. XLV - Drawdown Comparison

The maximum FBT drawdown since its inception was -40.51%, roughly equal to the maximum XLV drawdown of -39.17%. Use the drawdown chart below to compare losses from any high point for FBT and XLV. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-12.51%
-11.14%
FBT
XLV

Volatility

FBT vs. XLV - Volatility Comparison

First Trust Amex Biotechnology Index (FBT) has a higher volatility of 13.64% compared to Health Care Select Sector SPDR Fund (XLV) at 9.15%. This indicates that FBT'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.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%NovemberDecember2025FebruaryMarchApril
13.64%
9.15%
FBT
XLV