GEHC vs. XLI
GEHC (GE HealthCare Technologies Inc.) is a stock, while XLI (Industrial Select Sector SPDR Fund) is Industrials Equities fund tracking the Industrial Select Sector Index. Over the past 3 years, GEHC returned -2.62%/yr vs 20.89%/yr for XLI. Their 0.47 correlation means their historical movements had little consistent relationship.
Performance
GEHC vs. XLI - Performance Comparison
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Returns By Period
In the year-to-date period, GEHC achieves a -14.86% return, which is significantly lower than XLI's 18.70% return.
GEHC
- 1D
- 2.51%
- 1M
- 6.41%
- 6M
- -12.87%
- YTD
- -14.86%
- 1Y
- 0.02%
- 3Y*
- -2.62%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 7.51%
XLI
- 1D
- 1.85%
- 1M
- -0.41%
- 6M
- 9.91%
- YTD
- 18.70%
- 1Y
- 23.89%
- 3Y*
- 20.89%
- 5Y*
- 14.00%
- 10Y*
- 14.07%
- ALL TIME*
- 9.71%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $438.27M | $389.68M | $342.54M | |
| $1.23B | $1.21B | $1.35B |
GEHC vs. XLI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
GEHC GE HealthCare Technologies Inc. | -14.86% | 5.11% | 1.26% | 43.01% |
XLI Industrial Select Sector SPDR Fund | 18.70% | 19.35% | 17.31% | 17.88% |
Correlation
The correlation between GEHC and XLI is 0.36, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.36 |
Correlation (3Y) Balances recent behavior with more history. | 0.49 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2023 | 0.47 |
The correlation between GEHC and XLI shifts across timeframes, from 0.36 (1 year) to 0.49 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
GEHC vs. XLI — Risk / Return Rank
GEHC
XLI
GEHC vs. XLI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GE HealthCare Technologies Inc. (GEHC) and Industrial Select Sector SPDR Fund (XLI). 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.
| GEHC | XLI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.42 | ||
| Sortino ratioReturn per unit of downside risk | -1.78 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.25 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 0.00 | 1.97 | -1.96 |
| Martin ratioReturn relative to average drawdown | 0.00 | 7.75 | -7.75 |
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Drawdowns
GEHC vs. XLI - Drawdown Comparison
The maximum GEHC drawdown since its inception was -37.35%, smaller than the maximum XLI drawdown of -62.26%. Use the drawdown chart below to compare losses from any high point for GEHC and XLI.
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Drawdown Indicators
| GEHC | XLI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.35% | -62.26% | +24.91% |
Max Drawdown (1Y)Largest decline over 1 year | -32.47% | -12.21% | -20.26% |
Max Drawdown (3Y)Largest decline over 3 years | -37.35% | -18.49% | -18.86% |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.64% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -42.33% | — |
Current DrawdownCurrent decline from peak | -25.43% | -1.29% | -24.14% |
Average DrawdownAverage peak-to-trough decline | -15.01% | -9.16% | -5.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.57% | 3.09% | +13.48% |
Volatility
GEHC vs. XLI - Volatility Comparison
GE HealthCare Technologies Inc. (GEHC) has a higher volatility of 16.42% compared to Industrial Select Sector SPDR Fund (XLI) at 5.19%. This indicates that GEHC's price experiences larger fluctuations and is considered to be riskier than XLI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GEHC | XLI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.42% | 5.19% | +11.23% |
Volatility (6M)Calculated over the trailing 6-month period | 29.50% | 14.11% | +15.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.34% | 16.97% | +18.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.73% | 17.61% | +16.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.73% | 20.05% | +13.68% |
Dividends
GEHC vs. XLI - Dividend Comparison
GEHC's dividend yield for the trailing twelve months is around 0.20%, less than XLI's 1.12% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GEHC GE HealthCare Technologies Inc. | 0.20% | 0.17% | 0.15% | 0.12% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XLI Industrial Select Sector SPDR Fund | 1.12% | 1.29% | 1.44% | 1.63% | 1.63% | 1.25% | 1.55% | 1.94% | 2.15% | 1.77% | 2.07% | 2.15% |
Frequently Asked Questions
GEHC and XLI have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GEHC has higher volatility (16.42%) compared to XLI (5.19%). In terms of maximum drawdown, GEHC dropped -37.35% vs XLI's -62.26%.
XLI currently has the higher Sharpe Ratio (1.42 vs 0.00), 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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