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VGHAX vs. XLV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

VGHAX vs. XLV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Health Care Fund Admiral Shares (VGHAX) and Health Care Select Sector SPDR Fund (XLV). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
-3.91%
0.15%
VGHAX
XLV

Returns By Period

In the year-to-date period, VGHAX achieves a -0.98% return, which is significantly lower than XLV's 6.80% return. Over the past 10 years, VGHAX has underperformed XLV with an annualized return of -0.04%, while XLV has yielded a comparatively higher 9.46% annualized return.


VGHAX

YTD

-0.98%

1M

-7.32%

6M

-3.91%

1Y

2.05%

5Y (annualized)

0.26%

10Y (annualized)

-0.04%

XLV

YTD

6.80%

1M

-4.69%

6M

0.15%

1Y

12.17%

5Y (annualized)

9.84%

10Y (annualized)

9.46%

Key characteristics


VGHAXXLV
Sharpe Ratio0.211.17
Sortino Ratio0.371.66
Omega Ratio1.051.21
Calmar Ratio0.161.29
Martin Ratio0.604.56
Ulcer Index4.25%2.79%
Daily Std Dev12.01%10.84%
Max Drawdown-45.79%-39.18%
Current Drawdown-14.01%-8.06%

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VGHAX vs. XLV - Expense Ratio Comparison

VGHAX has a 0.25% expense ratio, which is higher than XLV's 0.12% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


VGHAX
Vanguard Health Care Fund Admiral Shares
Expense ratio chart for VGHAX: current value at 0.25% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.25%
Expense ratio chart for XLV: current value at 0.12% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.12%

Correlation

-0.50.00.51.00.9

The correlation between VGHAX and XLV is 0.89, 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.

Risk-Adjusted Performance

VGHAX vs. XLV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Health Care Fund Admiral Shares (VGHAX) 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.


Sharpe ratio
The chart of Sharpe ratio for VGHAX, currently valued at 0.21, compared to the broader market-1.000.001.002.003.004.005.000.211.17
The chart of Sortino ratio for VGHAX, currently valued at 0.37, compared to the broader market0.005.0010.000.371.66
The chart of Omega ratio for VGHAX, currently valued at 1.05, compared to the broader market1.002.003.004.001.051.21
The chart of Calmar ratio for VGHAX, currently valued at 0.16, compared to the broader market0.005.0010.0015.0020.0025.000.161.29
The chart of Martin ratio for VGHAX, currently valued at 0.60, compared to the broader market0.0020.0040.0060.0080.00100.000.604.56
VGHAX
XLV

The current VGHAX Sharpe Ratio is 0.21, which is lower than the XLV Sharpe Ratio of 1.17. The chart below compares the historical Sharpe Ratios of VGHAX 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 Ratio0.000.501.001.502.00JuneJulyAugustSeptemberOctoberNovember
0.21
1.17
VGHAX
XLV

Dividends

VGHAX vs. XLV - Dividend Comparison

VGHAX's dividend yield for the trailing twelve months is around 0.92%, less than XLV's 1.58% yield.


TTM20232022202120202019201820172016201520142013
VGHAX
Vanguard Health Care Fund Admiral Shares
0.92%0.89%0.83%0.91%0.93%1.22%1.28%1.06%1.06%1.24%1.05%1.32%
XLV
Health Care Select Sector SPDR Fund
1.58%1.59%1.47%1.33%1.49%2.17%1.58%1.47%1.60%1.43%1.35%1.52%

Drawdowns

VGHAX vs. XLV - Drawdown Comparison

The maximum VGHAX drawdown since its inception was -45.79%, which is greater than XLV's maximum drawdown of -39.18%. Use the drawdown chart below to compare losses from any high point for VGHAX and XLV. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-14.01%
-8.06%
VGHAX
XLV

Volatility

VGHAX vs. XLV - Volatility Comparison

Vanguard Health Care Fund Admiral Shares (VGHAX) has a higher volatility of 4.22% compared to Health Care Select Sector SPDR Fund (XLV) at 3.80%. This indicates that VGHAX'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.


2.00%3.00%4.00%5.00%JuneJulyAugustSeptemberOctoberNovember
4.22%
3.80%
VGHAX
XLV