Correlation
The correlation between JDOC 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.
JDOC vs. XLV
Compare and contrast key facts about Jpmorgan Healthcare Leaders ETF (JDOC) and Health Care Select Sector SPDR Fund (XLV).
JDOC and XLV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JDOC is an actively managed fund by JPMorgan. It was launched on Nov 1, 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: JDOC or XLV.
Performance
JDOC vs. XLV - Performance Comparison
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Key characteristics
JDOC:
-0.50
XLV:
-0.31
JDOC:
-0.60
XLV:
-0.37
JDOC:
0.92
XLV:
0.95
JDOC:
-0.40
XLV:
-0.32
JDOC:
-0.81
XLV:
-0.75
JDOC:
10.28%
XLV:
7.35%
JDOC:
15.97%
XLV:
15.92%
JDOC:
-20.87%
XLV:
-39.17%
JDOC:
-17.90%
XLV:
-14.62%
Returns By Period
In the year-to-date period, JDOC achieves a -2.23% return, which is significantly higher than XLV's -3.21% return.
JDOC
-2.23%
-2.74%
-9.33%
-9.11%
N/A
N/A
N/A
XLV
-3.21%
-2.93%
-9.26%
-6.21%
1.73%
6.85%
7.65%
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JDOC vs. XLV - Expense Ratio Comparison
JDOC has a 0.65% expense ratio, which is higher than XLV's 0.12% expense ratio.
Risk-Adjusted Performance
JDOC vs. XLV — Risk-Adjusted Performance Rank
JDOC
XLV
JDOC vs. XLV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Jpmorgan Healthcare Leaders ETF (JDOC) 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
JDOC vs. XLV - Dividend Comparison
JDOC's dividend yield for the trailing twelve months is around 5.70%, more than XLV's 1.76% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JDOC Jpmorgan Healthcare Leaders ETF | 5.70% | 5.57% | 0.15% | 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% | 1.58% | 1.47% | 1.60% | 1.43% | 1.35% |
Drawdowns
JDOC vs. XLV - Drawdown Comparison
The maximum JDOC drawdown since its inception was -20.87%, smaller than the maximum XLV drawdown of -39.17%. Use the drawdown chart below to compare losses from any high point for JDOC and XLV.
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Volatility
JDOC vs. XLV - Volatility Comparison
The current volatility for Jpmorgan Healthcare Leaders ETF (JDOC) is 7.07%, while Health Care Select Sector SPDR Fund (XLV) has a volatility of 7.59%. This indicates that JDOC experiences smaller price fluctuations and is considered to be less risky than XLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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