THQ vs. XLV
Compare and contrast key facts about Abrdn Healthcare Opportunities Fund (THQ) and Health Care Select Sector SPDR Fund (XLV).
THQ is managed by abrdn. It was launched on Jul 29, 2014. 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: THQ or XLV.
Correlation
The correlation between THQ and XLV is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
THQ vs. XLV - Performance Comparison
Key characteristics
THQ:
0.50
XLV:
-0.05
THQ:
0.77
XLV:
0.03
THQ:
1.11
XLV:
1.00
THQ:
0.58
XLV:
-0.05
THQ:
1.53
XLV:
-0.12
THQ:
6.45%
XLV:
6.00%
THQ:
19.84%
XLV:
14.30%
THQ:
-39.34%
XLV:
-39.17%
THQ:
-9.97%
XLV:
-11.14%
Returns By Period
In the year-to-date period, THQ achieves a 4.89% return, which is significantly higher than XLV's 0.74% return. Over the past 10 years, THQ has underperformed XLV with an annualized return of 7.26%, while XLV has yielded a comparatively higher 8.41% annualized return.
THQ
4.89%
-5.00%
-5.96%
10.03%
8.72%
7.26%
XLV
0.74%
-4.77%
-6.31%
0.23%
8.04%
8.41%
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THQ vs. XLV - Expense Ratio Comparison
THQ has a 1.47% expense ratio, which is higher than XLV's 0.12% expense ratio.
Risk-Adjusted Performance
THQ vs. XLV — Risk-Adjusted Performance Rank
THQ
XLV
THQ vs. XLV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Abrdn Healthcare Opportunities Fund (THQ) 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
THQ vs. XLV - Dividend Comparison
THQ's dividend yield for the trailing twelve months is around 11.31%, more than XLV's 1.69% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
THQ Abrdn Healthcare Opportunities Fund | 11.31% | 11.09% | 7.45% | 6.81% | 5.27% | 6.62% | 7.08% | 8.05% | 7.71% | 8.70% | 9.50% | 2.24% |
XLV Health Care Select Sector SPDR Fund | 1.69% | 1.67% | 1.59% | 1.47% | 1.33% | 1.49% | 2.17% | 1.58% | 1.47% | 1.60% | 1.43% | 1.35% |
Drawdowns
THQ vs. XLV - Drawdown Comparison
The maximum THQ drawdown since its inception was -39.34%, roughly equal to the maximum XLV drawdown of -39.17%. Use the drawdown chart below to compare losses from any high point for THQ and XLV. For additional features, visit the drawdowns tool.
Volatility
THQ vs. XLV - Volatility Comparison
Abrdn Healthcare Opportunities Fund (THQ) has a higher volatility of 12.37% compared to Health Care Select Sector SPDR Fund (XLV) at 9.15%. This indicates that THQ'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.