PBPH vs. XLV
PBPH (Portfolio Building Block World Pharma and Biotech Index ETF) and XLV (State Street Health Care Select Sector SPDR ETF) are both Health & Biotech Equities funds - PBPH tracks the BITA Global Pharma and Biotech Select Index while XLV tracks the Health Care Select Sector Index. Both are passively managed. Their correlation of 0.85 suggests significant overlap in exposure. PBPH charges 0.13%/yr vs 0.08%/yr for XLV.
Performance
PBPH vs. XLV - Performance Comparison
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Returns By Period
In the year-to-date period, PBPH achieves a 1.21% return, which is significantly higher than XLV's -0.85% return.
PBPH
- 1D
- 1.17%
- 1M
- -0.54%
- YTD
- 1.21%
- 6M
- 1.32%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XLV
- 1D
- 1.41%
- 1M
- 1.98%
- YTD
- -0.85%
- 6M
- -0.97%
- 1Y
- 17.16%
- 3Y*
- 6.63%
- 5Y*
- 5.69%
- 10Y*
- 10.01%
PBPH vs. XLV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
PBPH Portfolio Building Block World Pharma and Biotech Index ETF | 1.21% | 0.74% |
XLV State Street Health Care Select Sector SPDR ETF | -0.85% | 0.13% |
Correlation
The correlation between PBPH and XLV is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 25, 2025 | 0.85 |
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Return for Risk
PBPH vs. XLV — Risk / Return Rank
PBPH
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
XLV
PBPH vs. XLV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Portfolio Building Block World Pharma and Biotech Index ETF (PBPH) 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.
| PBPH | XLV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.20 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.65 | — |
| Martin ratioReturn relative to average drawdown | — | 3.89 | — |
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Drawdowns
PBPH vs. XLV - Drawdown Comparison
The maximum PBPH drawdown since its inception was -11.10%, smaller than the maximum XLV drawdown of -39.17%. Use the drawdown chart below to compare losses from any high point for PBPH and XLV.
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Drawdown Indicators
| PBPH | XLV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.10% | -39.17% | +28.07% |
Max Drawdown (1Y)Largest decline over 1 year | — | -10.47% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -17.11% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -17.11% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -28.40% | — |
Current DrawdownCurrent decline from peak | -6.53% | -4.20% | -2.33% |
Average DrawdownAverage peak-to-trough decline | -4.36% | -7.12% | +2.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 4.42% | — |
Volatility
PBPH vs. XLV - Volatility Comparison
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Volatility by Period
| PBPH | XLV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 5.27% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 10.68% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 17.03% | 15.09% | +1.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.03% | 14.77% | +2.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.03% | 16.57% | +0.46% |
PBPH vs. XLV - Expense Ratio Comparison
PBPH has a 0.13% expense ratio, which is higher than XLV's 0.08% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
PBPH vs. XLV - Dividend Comparison
PBPH's dividend yield for the trailing twelve months is around 0.09%, less than XLV's 1.66% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PBPH Portfolio Building Block World Pharma and Biotech Index ETF | 0.09% | 0.09% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XLV State Street Health Care Select Sector SPDR ETF | 1.66% | 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
PBPH and XLV have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XLV is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XLV is cheaper with a 0.08% expense ratio, compared with 0.13% for PBPH.
XLV has the higher dividend yield at 1.66%, compared with 0.09% for PBPH.
PBPH tracks BITA Global Pharma and Biotech Select Index, while XLV tracks Health Care Select Sector Index. They also come from different issuers: Portfolio Building Block and State Street. Their fees differ too: 0.13% for PBPH and 0.08% for XLV.
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