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.
Key characteristics
| HRTS | XLV | |
|---|---|---|
| YTD Return | 15.45% | 15.19% |
| Daily Std Dev | 19.63% | 10.86% |
| Max Drawdown | -11.72% | -39.18% |
| Current Drawdown | -1.56% | -0.84% |
Correlation
The correlation between HRTS 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.
Performance
HRTS vs. XLV - Performance Comparison
The year-to-date returns for both stocks are quite close, with HRTS having a 15.45% return and XLV slightly lower at 15.19%. 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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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 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.
Not enough dataDividends
HRTS vs. XLV - Dividend Comparison
HRTS has not paid dividends to shareholders, while XLV's dividend yield for the trailing twelve months is around 1.09%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HRTS Tema Obesity & Cardiometabolic ETF | 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 | 1.09% | 1.59% | 1.47% | 1.33% | 1.49% | 2.16% | 1.56% | 1.46% | 1.59% | 1.43% | 1.34% | 1.51% |
Drawdowns
HRTS vs. XLV - Drawdown Comparison
The maximum HRTS drawdown since its inception was -11.72%, smaller than the maximum XLV drawdown of -39.18%. Use the drawdown chart below to compare losses from any high point for HRTS and XLV. For additional features, visit the drawdowns tool.
Volatility
HRTS vs. XLV - Volatility Comparison
Tema Obesity & Cardiometabolic ETF (HRTS) has a higher volatility of 4.70% compared to Health Care Select Sector SPDR Fund (XLV) at 2.40%. This indicates that HRTS'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.