RXD vs. XLV
Compare and contrast key facts about ProShares UltraShort Health Care (RXD) and Health Care Select Sector SPDR Fund (XLV).
RXD and XLV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RXD is a passively managed fund by ProShares that tracks the performance of the DJ Global United States (All) / Health Care -IND (-200%). It was launched on Jan 30, 2007. 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 RXD 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: RXD or XLV.
Correlation
The correlation between RXD and XLV is -0.84. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
RXD vs. XLV - Performance Comparison
Key characteristics
RXD:
0.24
XLV:
0.17
RXD:
0.52
XLV:
0.31
RXD:
1.06
XLV:
1.04
RXD:
0.06
XLV:
0.14
RXD:
0.55
XLV:
0.38
RXD:
10.18%
XLV:
5.00%
RXD:
23.45%
XLV:
11.38%
RXD:
-99.64%
XLV:
-39.17%
RXD:
-99.57%
XLV:
-7.33%
Returns By Period
In the year-to-date period, RXD achieves a -8.57% return, which is significantly lower than XLV's 5.05% return. Over the past 10 years, RXD has underperformed XLV with an annualized return of -21.93%, while XLV has yielded a comparatively higher 8.98% annualized return.
RXD
-8.57%
-5.39%
17.48%
7.88%
-18.55%
-21.93%
XLV
5.05%
3.10%
-5.64%
0.82%
8.68%
8.98%
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RXD vs. XLV - Expense Ratio Comparison
RXD has a 0.95% expense ratio, which is higher than XLV's 0.12% expense ratio.
Risk-Adjusted Performance
RXD vs. XLV — Risk-Adjusted Performance Rank
RXD
XLV
RXD vs. XLV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort Health Care (RXD) 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
RXD vs. XLV - Dividend Comparison
RXD's dividend yield for the trailing twelve months is around 4.76%, more than XLV's 1.59% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RXD ProShares UltraShort Health Care | 4.76% | 4.35% | 3.17% | 0.67% | 0.00% | 0.18% | 1.74% | 0.22% | 0.00% | 0.00% | 0.00% | 0.00% |
XLV Health Care Select Sector SPDR Fund | 1.59% | 1.67% | 1.59% | 1.47% | 1.33% | 1.49% | 2.17% | 1.58% | 1.47% | 1.60% | 1.43% | 1.35% |
Drawdowns
RXD vs. XLV - Drawdown Comparison
The maximum RXD drawdown since its inception was -99.64%, which is greater than XLV's maximum drawdown of -39.17%. Use the drawdown chart below to compare losses from any high point for RXD and XLV. For additional features, visit the drawdowns tool.
Volatility
RXD vs. XLV - Volatility Comparison
ProShares UltraShort Health Care (RXD) has a higher volatility of 8.57% compared to Health Care Select Sector SPDR Fund (XLV) at 4.04%. This indicates that RXD'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.