GXLV.L vs. IUHC.L
Compare and contrast key facts about SPDR S&P US Health Care Select Sector UCITS ETF (GXLV.L) and iShares S&P 500 USD Health Care Sector UCITS (IUHC.L).
GXLV.L and IUHC.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GXLV.L is a passively managed fund by State Street that tracks the performance of the MSCI World/Health Care NR USD. It was launched on Jul 7, 2015. IUHC.L is a passively managed fund by iShares that tracks the performance of the MSCI World/Health Care NR USD. It was launched on Nov 20, 2015. Both GXLV.L and IUHC.L 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: GXLV.L or IUHC.L.
Key characteristics
| GXLV.L | IUHC.L | |
|---|---|---|
| YTD Return | 9.15% | 8.98% |
| 1Y Return | 13.76% | 16.04% |
| Sharpe Ratio | 1.35 | 1.69 |
| Sortino Ratio | 2.04 | 2.38 |
| Omega Ratio | 1.23 | 1.29 |
| Calmar Ratio | 1.27 | 1.95 |
| Martin Ratio | 5.97 | 6.75 |
| Ulcer Index | 2.38% | 2.50% |
| Daily Std Dev | 10.50% | 10.15% |
| Max Drawdown | -14.34% | -27.44% |
| Current Drawdown | -3.49% | -6.23% |
Correlation
The correlation between GXLV.L and IUHC.L is 0.91, 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.
Performance
GXLV.L vs. IUHC.L - Performance Comparison
The year-to-date returns for both stocks are quite close, with GXLV.L having a 9.15% return and IUHC.L slightly lower at 8.98%. 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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GXLV.L vs. IUHC.L - Expense Ratio Comparison
Both GXLV.L and IUHC.L have an expense ratio of 0.15%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
GXLV.L vs. IUHC.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P US Health Care Select Sector UCITS ETF (GXLV.L) and iShares S&P 500 USD Health Care Sector UCITS (IUHC.L). 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
GXLV.L vs. IUHC.L - Dividend Comparison
Neither GXLV.L nor IUHC.L has paid dividends to shareholders.
Drawdowns
GXLV.L vs. IUHC.L - Drawdown Comparison
The maximum GXLV.L drawdown since its inception was -14.34%, smaller than the maximum IUHC.L drawdown of -27.44%. Use the drawdown chart below to compare losses from any high point for GXLV.L and IUHC.L. For additional features, visit the drawdowns tool.
Volatility
GXLV.L vs. IUHC.L - Volatility Comparison
SPDR S&P US Health Care Select Sector UCITS ETF (GXLV.L) has a higher volatility of 3.03% compared to iShares S&P 500 USD Health Care Sector UCITS (IUHC.L) at 2.69%. This indicates that GXLV.L's price experiences larger fluctuations and is considered to be riskier than IUHC.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.