SBIO vs. XBI
Compare and contrast key facts about ALPS Medical Breakthroughs ETF (SBIO) and SPDR S&P Biotech ETF (XBI).
SBIO and XBI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SBIO is a passively managed fund by SS&C that tracks the performance of the S-Network Medical Breakthroughs Index. It was launched on Dec 31, 2014. XBI is a passively managed fund by State Street that tracks the performance of the S&P Biotechnology Select Industry Index. It was launched on Feb 6, 2006. Both SBIO and XBI 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: SBIO or XBI.
Key characteristics
| SBIO | XBI | |
|---|---|---|
| YTD Return | -2.36% | -6.50% |
| 1Y Return | 9.54% | 5.97% |
| 3Y Return (Ann) | -13.84% | -15.71% |
| 5Y Return (Ann) | -1.52% | -0.82% |
| Sharpe Ratio | 0.31 | 0.19 |
| Daily Std Dev | 28.25% | 28.16% |
| Max Drawdown | -63.06% | -63.89% |
| Current Drawdown | -49.34% | -51.99% |
Correlation
The correlation between SBIO and XBI is 0.96, 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
SBIO vs. XBI - Performance Comparison
In the year-to-date period, SBIO achieves a -2.36% return, which is significantly higher than XBI's -6.50% return. 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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SBIO vs. XBI - Expense Ratio Comparison
SBIO has a 0.50% expense ratio, which is higher than XBI's 0.35% expense ratio.
Risk-Adjusted Performance
SBIO vs. XBI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ALPS Medical Breakthroughs ETF (SBIO) and SPDR S&P Biotech ETF (XBI). 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
SBIO vs. XBI - Dividend Comparison
SBIO's dividend yield for the trailing twelve months is around 0.22%, more than XBI's 0.02% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SBIO ALPS Medical Breakthroughs ETF | 0.22% | 0.22% | 0.00% | 0.00% | 0.00% | 0.04% | 2.79% | 1.77% | 0.00% | 0.00% | 0.00% | 0.00% |
XBI SPDR S&P Biotech ETF | 0.02% | 0.02% | 0.00% | 0.04% | 0.20% | 0.00% | 0.28% | 0.24% | 0.26% | 0.61% | 1.07% | 0.17% |
Drawdowns
SBIO vs. XBI - Drawdown Comparison
The maximum SBIO drawdown since its inception was -63.06%, roughly equal to the maximum XBI drawdown of -63.89%. Use the drawdown chart below to compare losses from any high point for SBIO and XBI. For additional features, visit the drawdowns tool.
Volatility
SBIO vs. XBI - Volatility Comparison
ALPS Medical Breakthroughs ETF (SBIO) and SPDR S&P Biotech ETF (XBI) have volatilities of 6.70% and 7.05%, 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.