WH2E.DE vs. XLV
Compare and contrast key facts about Invesco S&P World Health Care ESG UCITS ETF Acc (WH2E.DE) and Health Care Select Sector SPDR Fund (XLV).
WH2E.DE and XLV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WH2E.DE is a passively managed fund by Invesco that tracks the performance of the S&P Developed Ex-Korea LargeMidCap ESG Enhanced Health Care. It was launched on Apr 12, 2023. 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. Both WH2E.DE and XLV 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: WH2E.DE or XLV.
Key characteristics
| WH2E.DE | XLV | |
|---|---|---|
| YTD Return | 14.52% | 10.71% |
| 1Y Return | 20.66% | 20.11% |
| Sharpe Ratio | 1.99 | 2.00 |
| Sortino Ratio | 2.82 | 2.78 |
| Omega Ratio | 1.36 | 1.37 |
| Calmar Ratio | 2.83 | 2.21 |
| Martin Ratio | 8.94 | 8.83 |
| Ulcer Index | 2.30% | 2.36% |
| Daily Std Dev | 10.36% | 10.42% |
| Max Drawdown | -7.37% | -39.18% |
| Current Drawdown | -4.47% | -4.70% |
Correlation
The correlation between WH2E.DE and XLV is 0.64, 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
WH2E.DE vs. XLV - Performance Comparison
In the year-to-date period, WH2E.DE achieves a 14.52% return, which is significantly higher 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.
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WH2E.DE vs. XLV - Expense Ratio Comparison
WH2E.DE has a 0.18% 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%.
Risk-Adjusted Performance
WH2E.DE vs. XLV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P World Health Care ESG UCITS ETF Acc (WH2E.DE) 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
WH2E.DE vs. XLV - Dividend Comparison
WH2E.DE has not paid dividends to shareholders, while XLV's dividend yield for the trailing twelve months is around 1.52%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WH2E.DE Invesco S&P World Health Care ESG UCITS ETF Acc | 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
WH2E.DE vs. XLV - Drawdown Comparison
The maximum WH2E.DE drawdown since its inception was -7.37%, smaller than the maximum XLV drawdown of -39.18%. Use the drawdown chart below to compare losses from any high point for WH2E.DE and XLV. For additional features, visit the drawdowns tool.
Volatility
WH2E.DE vs. XLV - Volatility Comparison
The current volatility for Invesco S&P World Health Care ESG UCITS ETF Acc (WH2E.DE) is 2.00%, while Health Care Select Sector SPDR Fund (XLV) has a volatility of 2.89%. This indicates that WH2E.DE experiences smaller price fluctuations and is considered to be less risky than XLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.