TBIO vs. XLV
Compare and contrast key facts about Telesis Bio Inc. (TBIO) and Health Care Select Sector SPDR Fund (XLV).
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: TBIO or XLV.
Correlation
The correlation between TBIO and XLV is 0.19, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
TBIO vs. XLV - Performance Comparison
Key characteristics
TBIO:
-0.37
XLV:
0.22
TBIO:
0.02
XLV:
0.38
TBIO:
1.00
XLV:
1.05
TBIO:
-0.93
XLV:
0.19
TBIO:
-1.21
XLV:
0.49
TBIO:
76.59%
XLV:
5.01%
TBIO:
249.04%
XLV:
11.43%
TBIO:
-99.93%
XLV:
-39.17%
TBIO:
-99.90%
XLV:
-6.12%
Returns By Period
In the year-to-date period, TBIO achieves a -0.02% return, which is significantly lower than XLV's 6.42% return.
TBIO
-0.02%
-4.79%
-88.98%
-92.95%
N/A
N/A
XLV
6.42%
4.44%
-4.57%
2.48%
8.95%
9.11%
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Risk-Adjusted Performance
TBIO vs. XLV — Risk-Adjusted Performance Rank
TBIO
XLV
TBIO vs. XLV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Telesis Bio Inc. (TBIO) 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
TBIO vs. XLV - Dividend Comparison
TBIO has not paid dividends to shareholders, while XLV's dividend yield for the trailing twelve months is around 1.57%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TBIO Telesis Bio Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XLV Health Care Select Sector SPDR Fund | 1.57% | 1.67% | 1.59% | 1.47% | 1.33% | 1.49% | 2.17% | 1.58% | 1.47% | 1.60% | 1.43% | 1.35% |
Drawdowns
TBIO vs. XLV - Drawdown Comparison
The maximum TBIO drawdown since its inception was -99.93%, which is greater than XLV's maximum drawdown of -39.17%. Use the drawdown chart below to compare losses from any high point for TBIO and XLV. For additional features, visit the drawdowns tool.
Volatility
TBIO vs. XLV - Volatility Comparison
Telesis Bio Inc. (TBIO) has a higher volatility of 81.49% compared to Health Care Select Sector SPDR Fund (XLV) at 4.11%. This indicates that TBIO'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.