Correlation
The correlation between PRHSX and XLV is 0.74, 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.
PRHSX vs. XLV
Compare and contrast key facts about T. Rowe Price Health Sciences Fund (PRHSX) and Health Care Select Sector SPDR Fund (XLV).
PRHSX is managed by T. Rowe Price. It was launched on Dec 29, 1995. 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: PRHSX or XLV.
Performance
PRHSX vs. XLV - Performance Comparison
Loading data...
Key characteristics
PRHSX:
-0.59
XLV:
-0.54
PRHSX:
-0.78
XLV:
-0.71
PRHSX:
0.90
XLV:
0.91
PRHSX:
-0.56
XLV:
-0.55
PRHSX:
-1.29
XLV:
-1.33
PRHSX:
9.03%
XLV:
7.11%
PRHSX:
18.27%
XLV:
15.93%
PRHSX:
-42.96%
XLV:
-39.17%
PRHSX:
-19.26%
XLV:
-16.10%
Returns By Period
In the year-to-date period, PRHSX achieves a -7.54% return, which is significantly lower than XLV's -4.89% return. Over the past 10 years, PRHSX has underperformed XLV with an annualized return of 6.13%, while XLV has yielded a comparatively higher 7.54% annualized return.
PRHSX
-7.54%
-5.50%
-12.37%
-10.55%
1.34%
3.89%
6.13%
XLV
-4.89%
-5.13%
-8.83%
-8.29%
1.38%
7.19%
7.54%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PRHSX vs. XLV - Expense Ratio Comparison
PRHSX has a 0.80% expense ratio, which is higher than XLV's 0.12% expense ratio.
Risk-Adjusted Performance
PRHSX vs. XLV — Risk-Adjusted Performance Rank
PRHSX
XLV
PRHSX vs. XLV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Health Sciences Fund (PRHSX) 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.
Loading data...
Dividends
PRHSX vs. XLV - Dividend Comparison
PRHSX's dividend yield for the trailing twelve months is around 13.94%, more than XLV's 1.79% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRHSX T. Rowe Price Health Sciences Fund | 13.94% | 12.89% | 5.21% | 1.77% | 7.46% | 7.16% | 6.18% | 6.57% | 7.43% | 4.55% | 11.34% | 11.91% |
XLV Health Care Select Sector SPDR Fund | 1.79% | 1.67% | 1.59% | 1.47% | 1.33% | 1.49% | 2.17% | 1.58% | 1.47% | 1.60% | 1.43% | 1.35% |
Drawdowns
PRHSX vs. XLV - Drawdown Comparison
The maximum PRHSX drawdown since its inception was -42.96%, which is greater than XLV's maximum drawdown of -39.17%. Use the drawdown chart below to compare losses from any high point for PRHSX and XLV.
Loading data...
Volatility
PRHSX vs. XLV - Volatility Comparison
T. Rowe Price Health Sciences Fund (PRHSX) and Health Care Select Sector SPDR Fund (XLV) have volatilities of 7.64% and 7.52%, 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.
Loading data...