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.
Key characteristics
| PRHSX | XLV | |
|---|---|---|
| YTD Return | 15.09% | 14.78% |
| 1Y Return | 21.36% | 19.51% |
| 3Y Return (Ann) | 0.45% | 6.99% |
| 5Y Return (Ann) | 11.88% | 12.92% |
| 10Y Return (Ann) | 11.12% | 10.88% |
| Sharpe Ratio | 1.62 | 1.81 |
| Daily Std Dev | 13.15% | 10.85% |
| Max Drawdown | -46.96% | -39.18% |
| Current Drawdown | -1.29% | -1.20% |
Correlation
The correlation between PRHSX 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.
Performance
PRHSX vs. XLV - Performance Comparison
The year-to-date returns for both stocks are quite close, with PRHSX having a 15.09% return and XLV slightly lower at 14.78%. Both investments have delivered pretty close results over the past 10 years, with PRHSX having a 11.12% annualized return and XLV not far behind at 10.88%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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 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.
Dividends
PRHSX vs. XLV - Dividend Comparison
PRHSX's dividend yield for the trailing twelve months is around 4.53%, more than XLV's 1.09% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRHSX T. Rowe Price Health Sciences Fund | 4.53% | 5.21% | 1.77% | 7.46% | 7.16% | 6.18% | 6.57% | 7.43% | 4.55% | 11.34% | 11.91% | 7.66% |
XLV Health Care Select Sector SPDR Fund | 1.09% | 1.59% | 1.47% | 1.33% | 1.49% | 2.16% | 1.56% | 1.46% | 1.59% | 1.43% | 1.34% | 1.51% |
Drawdowns
PRHSX vs. XLV - Drawdown Comparison
The maximum PRHSX drawdown since its inception was -46.96%, which is greater than XLV's maximum drawdown of -39.18%. Use the drawdown chart below to compare losses from any high point for PRHSX and XLV. For additional features, visit the drawdowns tool.
Volatility
PRHSX vs. XLV - Volatility Comparison
T. Rowe Price Health Sciences Fund (PRHSX) has a higher volatility of 2.98% compared to Health Care Select Sector SPDR Fund (XLV) at 2.41%. This indicates that PRHSX'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.