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PINK vs. XLV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PINK and XLV is 0.65, 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. XLV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Simplify Health Care ETF (PINK) and Health Care Select Sector SPDR Fund (XLV). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

PINK:

-0.14

XLV:

-0.44

Sortino Ratio

PINK:

-0.14

XLV:

-0.61

Omega Ratio

PINK:

0.98

XLV:

0.92

Calmar Ratio

PINK:

-0.19

XLV:

-0.49

Martin Ratio

PINK:

-0.45

XLV:

-1.16

Ulcer Index

PINK:

7.98%

XLV:

7.17%

Daily Std Dev

PINK:

18.65%

XLV:

15.99%

Max Drawdown

PINK:

-18.77%

XLV:

-39.17%

Current Drawdown

PINK:

-13.36%

XLV:

-14.93%

Returns By Period

In the year-to-date period, PINK achieves a -3.04% return, which is significantly higher than XLV's -3.56% return.


PINK

YTD

-3.04%

1M

-0.97%

6M

-9.78%

1Y

-2.52%

3Y*

3.89%

5Y*

N/A

10Y*

N/A

XLV

YTD

-3.56%

1M

-4.27%

6M

-8.82%

1Y

-7.01%

3Y*

1.15%

5Y*

7.03%

10Y*

7.59%

*Annualized

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Simplify Health Care ETF

PINK vs. XLV - Expense Ratio Comparison

PINK has a 0.50% expense ratio, which is higher than XLV's 0.12% expense ratio.


Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

PINK vs. XLV — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PINK
The Risk-Adjusted Performance Rank of PINK is 1010
Overall Rank
The Sharpe Ratio Rank of PINK is 1212
Sharpe Ratio Rank
The Sortino Ratio Rank of PINK is 1010
Sortino Ratio Rank
The Omega Ratio Rank of PINK is 1010
Omega Ratio Rank
The Calmar Ratio Rank of PINK is 99
Calmar Ratio Rank
The Martin Ratio Rank of PINK is 1111
Martin Ratio Rank

XLV
The Risk-Adjusted Performance Rank of XLV is 44
Overall Rank
The Sharpe Ratio Rank of XLV is 55
Sharpe Ratio Rank
The Sortino Ratio Rank of XLV is 44
Sortino Ratio Rank
The Omega Ratio Rank of XLV is 44
Omega Ratio Rank
The Calmar Ratio Rank of XLV is 22
Calmar Ratio Rank
The Martin Ratio Rank of XLV is 44
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

PINK vs. XLV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Simplify Health Care ETF (PINK) 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.


The current PINK Sharpe Ratio is -0.14, which is higher than the XLV Sharpe Ratio of -0.44. The chart below compares the historical Sharpe Ratios of PINK and XLV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

PINK vs. XLV - Dividend Comparison

PINK's dividend yield for the trailing twelve months is around 0.40%, less than XLV's 1.77% yield.


TTM20242023202220212020201920182017201620152014
PINK
Simplify Health Care ETF
0.40%0.32%0.94%0.42%0.04%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
XLV
Health Care Select Sector SPDR Fund
1.77%1.67%1.59%1.47%1.33%1.49%2.17%1.58%1.47%1.60%1.43%1.35%

Drawdowns

PINK vs. XLV - Drawdown Comparison

The maximum PINK drawdown since its inception was -18.77%, smaller than the maximum XLV drawdown of -39.17%. Use the drawdown chart below to compare losses from any high point for PINK and XLV.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

PINK vs. XLV - Volatility Comparison

The current volatility for Simplify Health Care ETF (PINK) is 7.12%, while Health Care Select Sector SPDR Fund (XLV) has a volatility of 7.66%. This indicates that PINK 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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