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HROW vs. XLV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between HROW and XLV is 0.15, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Performance

HROW vs. XLV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Harrow Health, Inc. (HROW) and Health Care Select Sector SPDR Fund (XLV). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

HROW:

1.56

XLV:

-0.40

Sortino Ratio

HROW:

2.76

XLV:

-0.39

Omega Ratio

HROW:

1.33

XLV:

0.95

Calmar Ratio

HROW:

1.33

XLV:

-0.37

Martin Ratio

HROW:

3.70

XLV:

-0.84

Ulcer Index

HROW:

33.22%

XLV:

6.46%

Daily Std Dev

HROW:

88.78%

XLV:

14.96%

Max Drawdown

HROW:

-99.46%

XLV:

-39.17%

Current Drawdown

HROW:

-82.32%

XLV:

-14.59%

Returns By Period

In the year-to-date period, HROW achieves a -27.27% return, which is significantly lower than XLV's -3.18% return. Over the past 10 years, HROW has outperformed XLV with an annualized return of 11.89%, while XLV has yielded a comparatively lower 7.92% annualized return.


HROW

YTD

-27.27%

1M

3.92%

6M

-53.53%

1Y

110.34%

5Y*

41.21%

10Y*

11.89%

XLV

YTD

-3.18%

1M

-1.64%

6M

-10.91%

1Y

-6.11%

5Y*

7.28%

10Y*

7.92%

*Annualized

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Risk-Adjusted Performance

HROW vs. XLV — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HROW
The Risk-Adjusted Performance Rank of HROW is 8989
Overall Rank
The Sharpe Ratio Rank of HROW is 9292
Sharpe Ratio Rank
The Sortino Ratio Rank of HROW is 9393
Sortino Ratio Rank
The Omega Ratio Rank of HROW is 9090
Omega Ratio Rank
The Calmar Ratio Rank of HROW is 8888
Calmar Ratio Rank
The Martin Ratio Rank of HROW is 8282
Martin Ratio Rank

XLV
The Risk-Adjusted Performance Rank of XLV is 66
Overall Rank
The Sharpe Ratio Rank of XLV is 77
Sharpe Ratio Rank
The Sortino Ratio Rank of XLV is 77
Sortino Ratio Rank
The Omega Ratio Rank of XLV is 77
Omega Ratio Rank
The Calmar Ratio Rank of XLV is 44
Calmar Ratio Rank
The Martin Ratio Rank of XLV is 77
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

HROW vs. XLV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Harrow Health, Inc. (HROW) 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.


The current HROW Sharpe Ratio is 1.56, which is higher than the XLV Sharpe Ratio of -0.40. The chart below compares the historical Sharpe Ratios of HROW and XLV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

HROW vs. XLV - Dividend Comparison

HROW has not paid dividends to shareholders, while XLV's dividend yield for the trailing twelve months is around 1.76%.


TTM20242023202220212020201920182017201620152014
HROW
Harrow Health, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
XLV
Health Care Select Sector SPDR Fund
1.76%1.67%1.59%1.47%1.33%1.49%2.17%1.57%1.47%1.60%1.43%1.35%

Drawdowns

HROW vs. XLV - Drawdown Comparison

The maximum HROW drawdown since its inception was -99.46%, which is greater than XLV's maximum drawdown of -39.17%. Use the drawdown chart below to compare losses from any high point for HROW and XLV. For additional features, visit the drawdowns tool.


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Volatility

HROW vs. XLV - Volatility Comparison

Harrow Health, Inc. (HROW) has a higher volatility of 14.48% compared to Health Care Select Sector SPDR Fund (XLV) at 6.78%. This indicates that HROW'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.


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