HCA vs. XLG
HCA (HCA Healthcare, Inc.) is a stock, while XLG (Invesco S&P 500 Top 50 ETF) is S&P 500 fund tracking the S&P 500 Top 50 Index. Over the past 10 years, HCA returned 17.90%/yr vs 16.25%/yr for XLG. Their 0.38 correlation means their historical movements had little consistent relationship.
Performance
HCA vs. XLG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, HCA achieves a -17.85% return, which is significantly lower than XLG's 1.55% return. Over the past 10 years, HCA has outperformed XLG with an annualized return of 17.90%, while XLG has yielded a comparatively lower 16.25% annualized return.
HCA
- 1D
- 1.51%
- 1M
- -1.23%
- 6M
- -18.55%
- YTD
- -17.85%
- 1Y
- 15.09%
- 3Y*
- 11.07%
- 5Y*
- 9.91%
- 10Y*
- 17.90%
- ALL TIME*
- 20.02%
XLG
- 1D
- -0.22%
- 1M
- 0.71%
- 6M
- 2.67%
- YTD
- 1.55%
- 1Y
- 12.21%
- 3Y*
- 19.71%
- 5Y*
- 13.16%
- 10Y*
- 16.25%
- ALL TIME*
- 11.26%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $755.16M | $661.20M | $645.06M | |
| $60.47M | $91.92M | $104.94M |
HCA vs. XLG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HCA HCA Healthcare, Inc. | -17.85% | 56.71% | 11.75% | 13.83% | -5.64% | 57.58% | 12.07% | 20.24% | 43.37% | 18.67% |
XLG Invesco S&P 500 Top 50 ETF | 1.55% | 19.51% | 33.49% | 38.16% | -24.29% | 30.77% | 24.15% | 32.04% | -3.59% | 23.04% |
Correlation
The correlation between HCA and XLG is 0.07, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.07 |
Correlation (3Y) Balances recent behavior with more history. | 0.16 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.32 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.37 |
Correlation (All Time) Calculated using the full available price history since Mar 10, 2011 | 0.38 |
Over the past year, the correlation between HCA and XLG has dropped to 0.07 - well below their long-term average of 0.38, suggesting their price drivers have been diverging.
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
HCA vs. XLG — Risk / Return Rank
HCA
XLG
HCA vs. XLG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HCA Healthcare, Inc. (HCA) and Invesco S&P 500 Top 50 ETF (XLG). 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.
| HCA | XLG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.45 | ||
| Sortino ratioReturn per unit of downside risk | -0.51 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.16 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 0.38 | 1.02 | -0.64 |
| Martin ratioReturn relative to average drawdown | 0.88 | 3.29 | -2.41 |
Loading charts...
Drawdowns
HCA vs. XLG - Drawdown Comparison
The maximum HCA drawdown since its inception was -54.74%, roughly equal to the maximum XLG drawdown of -52.39%. Use the drawdown chart below to compare losses from any high point for HCA and XLG.
Loading charts...
Drawdown Indicators
| HCA | XLG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.74% | -52.39% | -2.35% |
Max Drawdown (1Y)Largest decline over 1 year | -33.62% | -12.41% | -21.21% |
Max Drawdown (3Y)Largest decline over 3 years | -33.62% | -20.70% | -12.92% |
Max Drawdown (5Y)Largest decline over 5 years | -39.49% | -28.02% | -11.47% |
Max Drawdown (10Y)Largest decline over 10 years | -54.74% | -30.46% | -24.28% |
Current DrawdownCurrent decline from peak | -29.65% | -6.96% | -22.69% |
Average DrawdownAverage peak-to-trough decline | -11.17% | -7.62% | -3.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.44% | 3.84% | +10.60% |
Volatility
HCA vs. XLG - Volatility Comparison
HCA Healthcare, Inc. (HCA) has a higher volatility of 12.22% compared to Invesco S&P 500 Top 50 ETF (XLG) at 4.47%. This indicates that HCA's price experiences larger fluctuations and is considered to be riskier than XLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| HCA | XLG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.22% | 4.47% | +7.75% |
Volatility (6M)Calculated over the trailing 6-month period | 24.20% | 11.10% | +13.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.42% | 14.39% | +15.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.61% | 18.84% | +10.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.82% | 18.89% | +13.93% |
Dividends
HCA vs. XLG - Dividend Comparison
HCA's dividend yield for the trailing twelve months is around 0.78%, more than XLG's 0.66% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HCA HCA Healthcare, Inc. | 0.78% | 0.62% | 0.88% | 0.89% | 0.93% | 0.75% | 0.63% | 1.08% | 1.12% | 0.00% | 0.00% | 0.00% |
XLG Invesco S&P 500 Top 50 ETF | 0.66% | 0.64% | 0.72% | 0.97% | 1.34% | 0.94% | 1.25% | 1.58% | 2.00% | 1.85% | 2.00% | 2.09% |
Frequently Asked Questions
HCA and XLG have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HCA has higher volatility (12.22%) compared to XLG (4.47%). In terms of maximum drawdown, HCA dropped -54.74% vs XLG's -52.39%.
XLG currently has the higher Sharpe Ratio (0.88 vs 0.44), 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 HCA and XLG
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