PHSTX vs. XLV
Compare and contrast key facts about Putnam Global Health Care Fund (PHSTX) and Health Care Select Sector SPDR Fund (XLV).
PHSTX is managed by Putnam. It was launched on May 27, 1982. 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: PHSTX or XLV.
Correlation
The correlation between PHSTX and XLV is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
PHSTX vs. XLV - Performance Comparison
Key characteristics
PHSTX:
-0.07
XLV:
0.17
PHSTX:
-0.02
XLV:
0.31
PHSTX:
1.00
XLV:
1.04
PHSTX:
-0.03
XLV:
0.14
PHSTX:
-0.11
XLV:
0.38
PHSTX:
7.56%
XLV:
5.00%
PHSTX:
11.56%
XLV:
11.38%
PHSTX:
-45.36%
XLV:
-39.17%
PHSTX:
-22.24%
XLV:
-7.33%
Returns By Period
In the year-to-date period, PHSTX achieves a 6.42% return, which is significantly higher than XLV's 5.05% return. Over the past 10 years, PHSTX has underperformed XLV with an annualized return of -1.38%, while XLV has yielded a comparatively higher 8.98% annualized return.
PHSTX
6.42%
5.03%
-12.24%
-3.18%
1.14%
-1.38%
XLV
5.05%
3.10%
-5.64%
0.82%
8.68%
8.98%
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PHSTX vs. XLV - Expense Ratio Comparison
PHSTX has a 1.05% expense ratio, which is higher than XLV's 0.12% expense ratio.
Risk-Adjusted Performance
PHSTX vs. XLV — Risk-Adjusted Performance Rank
PHSTX
XLV
PHSTX vs. XLV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam Global Health Care Fund (PHSTX) 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.
Dividends
PHSTX vs. XLV - Dividend Comparison
PHSTX's dividend yield for the trailing twelve months is around 0.35%, less than XLV's 1.59% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PHSTX Putnam Global Health Care Fund | 0.35% | 0.37% | 0.18% | 0.14% | 0.43% | 0.85% | 0.30% | 0.07% | 0.65% | 0.52% | 0.00% | 9.66% |
XLV Health Care Select Sector SPDR Fund | 1.59% | 1.67% | 1.59% | 1.47% | 1.33% | 1.49% | 2.17% | 1.58% | 1.47% | 1.60% | 1.43% | 1.35% |
Drawdowns
PHSTX vs. XLV - Drawdown Comparison
The maximum PHSTX drawdown since its inception was -45.36%, which is greater than XLV's maximum drawdown of -39.17%. Use the drawdown chart below to compare losses from any high point for PHSTX and XLV. For additional features, visit the drawdowns tool.
Volatility
PHSTX vs. XLV - Volatility Comparison
Putnam Global Health Care Fund (PHSTX) and Health Care Select Sector SPDR Fund (XLV) have volatilities of 3.92% and 4.04%, 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.