PINK vs. XLF
Compare and contrast key facts about Simplify Health Care ETF (PINK) and Financial Select Sector SPDR Fund (XLF).
PINK and XLF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PINK is an actively managed fund by Simplify. It was launched on Oct 7, 2021. XLF is a passively managed fund by State Street that tracks the performance of the Financial Select Sector Index. 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: PINK or XLF.
Key characteristics
| PINK | XLF | |
|---|---|---|
| YTD Return | 17.45% | 33.79% |
| 1Y Return | 33.70% | 49.31% |
| 3Y Return (Ann) | 7.01% | 9.45% |
| Sharpe Ratio | 2.55 | 3.54 |
| Sortino Ratio | 3.60 | 4.96 |
| Omega Ratio | 1.45 | 1.65 |
| Calmar Ratio | 2.52 | 3.19 |
| Martin Ratio | 13.98 | 25.45 |
| Ulcer Index | 2.47% | 1.93% |
| Daily Std Dev | 13.52% | 13.86% |
| Max Drawdown | -18.45% | -82.69% |
| Current Drawdown | -3.55% | -0.30% |
Correlation
The correlation between PINK and XLF is 0.62, 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
PINK vs. XLF - Performance Comparison
In the year-to-date period, PINK achieves a 17.45% return, which is significantly lower than XLF's 33.79% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PINK vs. XLF - Expense Ratio Comparison
PINK has a 0.50% expense ratio, which is higher than XLF's 0.13% expense ratio.
Risk-Adjusted Performance
PINK vs. XLF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Simplify Health Care ETF (PINK) and Financial Select Sector SPDR Fund (XLF). 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
PINK vs. XLF - Dividend Comparison
PINK's dividend yield for the trailing twelve months is around 0.50%, less than XLF's 1.34% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PINK Simplify Health Care ETF | 0.50% | 0.94% | 0.42% | 0.04% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XLF Financial Select Sector SPDR Fund | 1.34% | 1.71% | 2.04% | 1.63% | 2.03% | 1.86% | 2.09% | 1.48% | 1.63% | 1.95% | 1.61% | 1.47% |
Drawdowns
PINK vs. XLF - Drawdown Comparison
The maximum PINK drawdown since its inception was -18.45%, smaller than the maximum XLF drawdown of -82.69%. Use the drawdown chart below to compare losses from any high point for PINK and XLF. For additional features, visit the drawdowns tool.
Volatility
PINK vs. XLF - Volatility Comparison
The current volatility for Simplify Health Care ETF (PINK) is 4.30%, while Financial Select Sector SPDR Fund (XLF) has a volatility of 7.08%. This indicates that PINK experiences smaller price fluctuations and is considered to be less risky than XLF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.