Correlation
The correlation between HRTS and XLV is 0.52, 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.
HRTS vs. XLV
Compare and contrast key facts about Tema Obesity & Cardiometabolic ETF (HRTS) and Health Care Select Sector SPDR Fund (XLV).
HRTS and XLV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HRTS is an actively managed fund by Tema. It was launched on Nov 20, 2023. 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: HRTS or XLV.
Performance
HRTS vs. XLV - Performance Comparison
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Key characteristics
HRTS:
-0.61
XLV:
-0.44
HRTS:
-0.80
XLV:
-0.61
HRTS:
0.90
XLV:
0.92
HRTS:
-0.56
XLV:
-0.49
HRTS:
-1.13
XLV:
-1.16
HRTS:
12.80%
XLV:
7.17%
HRTS:
21.23%
XLV:
15.99%
HRTS:
-25.81%
XLV:
-39.17%
HRTS:
-22.40%
XLV:
-14.93%
Returns By Period
In the year-to-date period, HRTS achieves a -4.90% return, which is significantly lower than XLV's -3.56% return.
HRTS
-4.90%
-3.55%
-12.73%
-12.92%
N/A
N/A
N/A
XLV
-3.56%
-4.27%
-8.82%
-7.01%
1.15%
7.03%
7.59%
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HRTS vs. XLV - Expense Ratio Comparison
HRTS has a 0.75% expense ratio, which is higher than XLV's 0.12% expense ratio.
Risk-Adjusted Performance
HRTS vs. XLV — Risk-Adjusted Performance Rank
HRTS
XLV
HRTS vs. XLV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Tema Obesity & Cardiometabolic ETF (HRTS) 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.
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Dividends
HRTS vs. XLV - Dividend Comparison
HRTS's dividend yield for the trailing twelve months is around 1.71%, less than XLV's 1.77% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HRTS Tema Obesity & Cardiometabolic ETF | 1.71% | 1.62% | 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 | 1.77% | 1.67% | 1.59% | 1.47% | 1.33% | 1.49% | 2.17% | 1.58% | 1.47% | 1.60% | 1.43% | 1.35% |
Drawdowns
HRTS vs. XLV - Drawdown Comparison
The maximum HRTS drawdown since its inception was -25.81%, smaller than the maximum XLV drawdown of -39.17%. Use the drawdown chart below to compare losses from any high point for HRTS and XLV.
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Volatility
HRTS vs. XLV - Volatility Comparison
Tema Obesity & Cardiometabolic ETF (HRTS) and Health Care Select Sector SPDR Fund (XLV) have volatilities of 7.67% and 7.66%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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