PPH vs. XLV
Compare and contrast key facts about VanEck Vectors Pharmaceutical ETF (PPH) and Health Care Select Sector SPDR Fund (XLV).
PPH and XLV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PPH is a passively managed fund by VanEck that tracks the performance of the MVIS US Listed Pharmaceutical 25 Index. It was launched on Dec 20, 2011. 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. Both PPH and XLV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PPH or XLV.
Performance
PPH vs. XLV - Performance Comparison
Returns By Period
In the year-to-date period, PPH achieves a 9.62% return, which is significantly higher than XLV's 6.80% return. Over the past 10 years, PPH has underperformed XLV with an annualized return of 5.00%, while XLV has yielded a comparatively higher 9.46% annualized return.
PPH
9.62%
-6.04%
-1.66%
14.70%
9.44%
5.00%
XLV
6.80%
-4.69%
0.15%
12.17%
9.84%
9.46%
Key characteristics
| PPH | XLV | |
|---|---|---|
| Sharpe Ratio | 1.39 | 1.17 |
| Sortino Ratio | 1.98 | 1.66 |
| Omega Ratio | 1.25 | 1.21 |
| Calmar Ratio | 1.20 | 1.29 |
| Martin Ratio | 4.37 | 4.56 |
| Ulcer Index | 3.45% | 2.79% |
| Daily Std Dev | 10.81% | 10.84% |
| Max Drawdown | -46.49% | -39.18% |
| Current Drawdown | -11.17% | -8.06% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PPH vs. XLV - Expense Ratio Comparison
PPH has a 0.36% expense ratio, which is higher than XLV's 0.12% expense ratio.
Correlation
The correlation between PPH and XLV is 0.79, 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.
Risk-Adjusted Performance
PPH vs. XLV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Pharmaceutical ETF (PPH) 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
PPH vs. XLV - Dividend Comparison
PPH's dividend yield for the trailing twelve months is around 1.83%, more than XLV's 1.58% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PPH VanEck Vectors Pharmaceutical ETF | 1.83% | 2.09% | 1.55% | 1.62% | 1.66% | 1.77% | 1.97% | 1.92% | 2.43% | 1.93% | 1.71% | 2.03% |
XLV Health Care Select Sector SPDR Fund | 1.58% | 1.59% | 1.47% | 1.33% | 1.49% | 2.17% | 1.58% | 1.47% | 1.60% | 1.43% | 1.35% | 1.52% |
Drawdowns
PPH vs. XLV - Drawdown Comparison
The maximum PPH drawdown since its inception was -46.49%, which is greater than XLV's maximum drawdown of -39.18%. Use the drawdown chart below to compare losses from any high point for PPH and XLV. For additional features, visit the drawdowns tool.
Volatility
PPH vs. XLV - Volatility Comparison
VanEck Vectors Pharmaceutical ETF (PPH) has a higher volatility of 4.03% compared to Health Care Select Sector SPDR Fund (XLV) at 3.80%. This indicates that PPH'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.