PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
TDOC vs. XLV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


TDOCXLV
YTD Return-54.48%10.71%
1Y Return-38.50%20.11%
3Y Return (Ann)-58.61%5.38%
5Y Return (Ann)-34.32%11.29%
Sharpe Ratio-0.692.00
Sortino Ratio-0.772.78
Omega Ratio0.901.37
Calmar Ratio-0.382.21
Martin Ratio-0.838.83
Ulcer Index45.18%2.36%
Daily Std Dev54.36%10.42%
Max Drawdown-97.69%-39.18%
Current Drawdown-96.67%-4.70%

Correlation

-0.50.00.51.00.3

The correlation between TDOC and XLV is 0.34, 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

TDOC vs. XLV - Performance Comparison

In the year-to-date period, TDOC achieves a -54.48% return, which is significantly lower than XLV's 10.71% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%10.00%JuneJulyAugustSeptemberOctoberNovember
-21.20%
4.87%
TDOC
XLV

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

TDOC vs. XLV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Teladoc Health, Inc. (TDOC) 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.


TDOC
Sharpe ratio
The chart of Sharpe ratio for TDOC, currently valued at -0.69, compared to the broader market-4.00-2.000.002.004.00-0.69
Sortino ratio
The chart of Sortino ratio for TDOC, currently valued at -0.77, compared to the broader market-4.00-2.000.002.004.006.00-0.77
Omega ratio
The chart of Omega ratio for TDOC, currently valued at 0.90, compared to the broader market0.501.001.502.000.90
Calmar ratio
The chart of Calmar ratio for TDOC, currently valued at -0.38, compared to the broader market0.002.004.006.00-0.38
Martin ratio
The chart of Martin ratio for TDOC, currently valued at -0.83, compared to the broader market0.0010.0020.0030.00-0.83
XLV
Sharpe ratio
The chart of Sharpe ratio for XLV, currently valued at 2.00, compared to the broader market-4.00-2.000.002.004.002.00
Sortino ratio
The chart of Sortino ratio for XLV, currently valued at 2.78, compared to the broader market-4.00-2.000.002.004.006.002.78
Omega ratio
The chart of Omega ratio for XLV, currently valued at 1.37, compared to the broader market0.501.001.502.001.37
Calmar ratio
The chart of Calmar ratio for XLV, currently valued at 2.21, compared to the broader market0.002.004.006.002.21
Martin ratio
The chart of Martin ratio for XLV, currently valued at 8.83, compared to the broader market0.0010.0020.0030.008.83

TDOC vs. XLV - Sharpe Ratio Comparison

The current TDOC Sharpe Ratio is -0.69, which is lower than the XLV Sharpe Ratio of 2.00. The chart below compares the historical Sharpe Ratios of TDOC and XLV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.00JuneJulyAugustSeptemberOctoberNovember
-0.69
2.00
TDOC
XLV

Dividends

TDOC vs. XLV - Dividend Comparison

TDOC has not paid dividends to shareholders, while XLV's dividend yield for the trailing twelve months is around 1.52%.


TTM20232022202120202019201820172016201520142013
TDOC
Teladoc Health, 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
1.52%1.59%1.47%1.33%1.49%2.17%1.58%1.47%1.60%1.43%1.35%1.52%

Drawdowns

TDOC vs. XLV - Drawdown Comparison

The maximum TDOC drawdown since its inception was -97.69%, which is greater than XLV's maximum drawdown of -39.18%. Use the drawdown chart below to compare losses from any high point for TDOC and XLV. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-96.67%
-4.70%
TDOC
XLV

Volatility

TDOC vs. XLV - Volatility Comparison

Teladoc Health, Inc. (TDOC) has a higher volatility of 16.56% compared to Health Care Select Sector SPDR Fund (XLV) at 2.89%. This indicates that TDOC'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.


0.00%5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
16.56%
2.89%
TDOC
XLV