HQH vs. XLV
Compare and contrast key facts about Tekla Healthcare Investors (HQH) and Health Care Select Sector SPDR Fund (XLV).
XLV is a passively managed fund by State Street that tracks the performance of the Health Care Select Sector. 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: HQH or XLV.
Performance
HQH vs. XLV - Performance Comparison
Returns By Period
In the year-to-date period, HQH achieves a 13.19% return, which is significantly higher than XLV's 5.18% return. Over the past 10 years, HQH has underperformed XLV with an annualized return of 2.93%, while XLV has yielded a comparatively higher 9.30% annualized return.
HQH
13.19%
-8.81%
4.70%
27.54%
6.36%
2.93%
XLV
5.18%
-7.46%
-2.31%
12.12%
9.67%
9.30%
Key characteristics
| HQH | XLV | |
|---|---|---|
| Sharpe Ratio | 1.70 | 1.17 |
| Sortino Ratio | 2.34 | 1.65 |
| Omega Ratio | 1.31 | 1.21 |
| Calmar Ratio | 0.76 | 1.33 |
| Martin Ratio | 9.27 | 4.96 |
| Ulcer Index | 2.84% | 2.54% |
| Daily Std Dev | 15.50% | 10.78% |
| Max Drawdown | -56.17% | -39.18% |
| Current Drawdown | -16.13% | -9.46% |
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Correlation
The correlation between HQH and XLV is 0.59, 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
HQH vs. XLV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Tekla Healthcare Investors (HQH) 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.
Dividends
HQH vs. XLV - Dividend Comparison
HQH's dividend yield for the trailing twelve months is around 11.94%, more than XLV's 1.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HQH Tekla Healthcare Investors | 11.94% | 9.66% | 9.50% | 8.59% | 7.96% | 8.22% | 10.73% | 8.76% | 9.78% | 11.96% | 7.05% | 6.41% |
XLV Health Care Select Sector SPDR Fund | 1.60% | 1.59% | 1.47% | 1.33% | 1.49% | 2.17% | 1.58% | 1.47% | 1.60% | 1.43% | 1.35% | 1.52% |
Drawdowns
HQH vs. XLV - Drawdown Comparison
The maximum HQH drawdown since its inception was -56.17%, which is greater than XLV's maximum drawdown of -39.18%. Use the drawdown chart below to compare losses from any high point for HQH and XLV. For additional features, visit the drawdowns tool.
Volatility
HQH vs. XLV - Volatility Comparison
Tekla Healthcare Investors (HQH) has a higher volatility of 6.05% compared to Health Care Select Sector SPDR Fund (XLV) at 3.52%. This indicates that HQH'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.