NUE vs. XLV
NUE (Nucor Corporation) is a stock, while XLV (State Street Health Care Select Sector SPDR ETF) is Health & Biotech Equities fund tracking the Health Care Select Sector Index. Over the past 10 years, NUE returned 17.80%/yr vs 9.95%/yr for XLV. At a 0.40 correlation, their price movements are largely independent.
Performance
NUE vs. XLV - Performance Comparison
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Returns By Period
In the year-to-date period, NUE achieves a 45.33% return, which is significantly higher than XLV's 5.41% return. Over the past 10 years, NUE has outperformed XLV with an annualized return of 17.80%, while XLV has yielded a comparatively lower 9.95% annualized return.
NUE
- 1D
- -0.51%
- 1M
- -8.81%
- 6M
- 35.62%
- YTD
- 45.33%
- 1Y
- 73.33%
- 3Y*
- 13.69%
- 5Y*
- 22.50%
- 10Y*
- 17.80%
XLV
- 1D
- 2.22%
- 1M
- 6.26%
- 6M
- 3.96%
- YTD
- 5.41%
- 1Y
- 22.63%
- 3Y*
- 9.08%
- 5Y*
- 6.41%
- 10Y*
- 9.95%
NUE vs. XLV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NUE Nucor Corporation | 45.33% | 42.03% | -31.95% | 33.75% | 17.39% | 118.45% | -1.77% | 11.84% | -16.36% | 9.60% |
XLV State Street Health Care Select Sector SPDR ETF | 5.41% | 14.50% | 2.47% | 2.07% | -2.08% | 26.04% | 13.30% | 20.45% | 6.28% | 21.77% |
Correlation
The correlation between NUE and XLV is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.33 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Dec 22, 1998 | 0.40 |
The correlation between NUE and XLV shifts across timeframes, from 0.23 (1 year) to 0.40 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
NUE vs. XLV — Risk / Return Rank
NUE
XLV
NUE vs. XLV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nucor Corporation (NUE) and State Street Health Care Select Sector SPDR ETF (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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NUE | XLV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.02 | ||
| Sortino ratioReturn per unit of downside risk | +0.85 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.25 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 4.00 | 2.17 | +1.83 |
| Martin ratioReturn relative to average drawdown | 10.40 | 5.14 | +5.26 |
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Drawdowns
NUE vs. XLV - Drawdown Comparison
The maximum NUE drawdown since its inception was -68.34%, which is greater than XLV's maximum drawdown of -39.17%. Use the drawdown chart below to compare losses from any high point for NUE and XLV.
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Drawdown Indicators
| NUE | XLV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.34% | -39.17% | -29.17% |
Max Drawdown (1Y)Largest decline over 1 year | -18.43% | -10.47% | -7.96% |
Max Drawdown (3Y)Largest decline over 3 years | -47.79% | -17.11% | -30.68% |
Max Drawdown (5Y)Largest decline over 5 years | -47.79% | -17.11% | -30.68% |
Max Drawdown (10Y)Largest decline over 10 years | -57.21% | -28.40% | -28.81% |
Current DrawdownCurrent decline from peak | -11.30% | -1.61% | -9.69% |
Average DrawdownAverage peak-to-trough decline | -21.11% | -7.10% | -14.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.08% | 4.42% | +2.66% |
Volatility
NUE vs. XLV - Volatility Comparison
Nucor Corporation (NUE) has a higher volatility of 10.18% compared to State Street Health Care Select Sector SPDR ETF (XLV) at 6.40%. This indicates that NUE'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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Volatility by Period
| NUE | XLV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.18% | 6.40% | +3.78% |
Volatility (6M)Calculated over the trailing 6-month period | 21.87% | 11.88% | +9.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.00% | 15.88% | +14.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.70% | 14.99% | +22.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.97% | 16.62% | +19.35% |
Dividends
NUE vs. XLV - Dividend Comparison
NUE's dividend yield for the trailing twelve months is around 0.95%, less than XLV's 1.57% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NUE Nucor Corporation | 0.95% | 1.35% | 1.86% | 1.19% | 1.52% | 1.50% | 3.03% | 2.85% | 2.97% | 2.38% | 2.52% | 3.70% |
XLV State Street Health Care Select Sector SPDR ETF | 1.57% | 1.60% | 1.67% | 1.59% | 1.47% | 1.33% | 1.49% | 2.17% | 1.57% | 1.47% | 1.60% | 1.43% |
Frequently Asked Questions
NUE and XLV have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NUE has higher volatility (10.18%) compared to XLV (6.40%). In terms of maximum drawdown, NUE dropped -68.34% vs XLV's -39.17%.
NUE currently has the higher Sharpe Ratio (2.46 vs 1.43), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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