GEHC vs. XLI
Compare and contrast key facts about GE HealthCare Technologies Inc. (GEHC) and Industrial Select Sector SPDR Fund (XLI).
XLI is a passively managed fund by State Street that tracks the performance of the Industrial Select Sector Index. It was launched on Dec 16, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GEHC or XLI.
Performance
GEHC vs. XLI - Performance Comparison
Returns By Period
In the year-to-date period, GEHC achieves a 6.78% return, which is significantly lower than XLI's 24.63% return.
GEHC
6.78%
-7.67%
3.32%
12.17%
N/A
N/A
XLI
24.63%
2.62%
14.38%
34.66%
13.39%
11.46%
Key characteristics
| GEHC | XLI | |
|---|---|---|
| Sharpe Ratio | 0.42 | 2.61 |
| Sortino Ratio | 0.76 | 3.70 |
| Omega Ratio | 1.11 | 1.46 |
| Calmar Ratio | 0.53 | 5.90 |
| Martin Ratio | 1.25 | 18.10 |
| Ulcer Index | 9.72% | 1.93% |
| Daily Std Dev | 29.23% | 13.40% |
| Max Drawdown | -28.04% | -62.26% |
| Current Drawdown | -12.13% | -1.75% |
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Correlation
The correlation between GEHC and XLI is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
GEHC vs. XLI - Risk-Adjusted Performance 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.
Dividends
GEHC vs. XLI - Dividend Comparison
GEHC's dividend yield for the trailing twelve months is around 0.15%, less than XLI's 1.31% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GEHC GE HealthCare Technologies Inc. | 0.15% | 0.12% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XLI Industrial Select Sector SPDR Fund | 1.31% | 1.63% | 1.64% | 1.25% | 1.55% | 1.94% | 2.15% | 1.77% | 2.07% | 2.15% | 1.85% | 1.68% |
Drawdowns
GEHC vs. XLI - Drawdown Comparison
The maximum GEHC drawdown since its inception was -28.04%, 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. For additional features, visit the drawdowns tool.
Volatility
GEHC vs. XLI - Volatility Comparison
GE HealthCare Technologies Inc. (GEHC) has a higher volatility of 7.54% compared to Industrial Select Sector SPDR Fund (XLI) at 5.24%. 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.