XHC.TO vs. XLV
Compare and contrast key facts about iShares Global Healthcare Index ETF (CAD-Hedged) (XHC.TO) and Health Care Select Sector SPDR Fund (XLV).
XHC.TO and XLV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XHC.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Gbl GR CAD. It was launched on Apr 12, 2011. 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 XHC.TO 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: XHC.TO or XLV.
Key characteristics
| XHC.TO | XLV | |
|---|---|---|
| YTD Return | 10.11% | 11.36% |
| 1Y Return | 17.70% | 21.54% |
| 3Y Return (Ann) | 2.96% | 5.75% |
| 5Y Return (Ann) | 8.10% | 11.47% |
| 10Y Return (Ann) | 7.66% | 10.04% |
| Sharpe Ratio | 1.64 | 1.79 |
| Sortino Ratio | 2.33 | 2.47 |
| Omega Ratio | 1.29 | 1.33 |
| Calmar Ratio | 1.42 | 1.91 |
| Martin Ratio | 6.44 | 8.13 |
| Ulcer Index | 2.46% | 2.34% |
| Daily Std Dev | 9.62% | 10.61% |
| Max Drawdown | -27.28% | -39.18% |
| Current Drawdown | -6.18% | -4.13% |
Correlation
The correlation between XHC.TO and XLV is 0.81, 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.
Performance
XHC.TO vs. XLV - Performance Comparison
In the year-to-date period, XHC.TO achieves a 10.11% return, which is significantly lower than XLV's 11.36% return. Over the past 10 years, XHC.TO has underperformed XLV with an annualized return of 7.66%, while XLV has yielded a comparatively higher 10.04% annualized 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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XHC.TO vs. XLV - Expense Ratio Comparison
XHC.TO has a 0.66% expense ratio, which is higher than XLV's 0.12% expense ratio.
Risk-Adjusted Performance
XHC.TO vs. XLV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Healthcare Index ETF (CAD-Hedged) (XHC.TO) 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
XHC.TO vs. XLV - Dividend Comparison
XHC.TO's dividend yield for the trailing twelve months is around 2.20%, more than XLV's 1.51% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XHC.TO iShares Global Healthcare Index ETF (CAD-Hedged) | 2.20% | 2.38% | 0.84% | 0.79% | 0.93% | 1.03% | 1.63% | 1.10% | 1.58% | 2.07% | 1.00% | 1.21% |
XLV Health Care Select Sector SPDR Fund | 1.51% | 1.59% | 1.47% | 1.33% | 1.49% | 2.17% | 1.58% | 1.47% | 1.60% | 1.43% | 1.35% | 1.52% |
Drawdowns
XHC.TO vs. XLV - Drawdown Comparison
The maximum XHC.TO drawdown since its inception was -27.28%, smaller than the maximum XLV drawdown of -39.18%. Use the drawdown chart below to compare losses from any high point for XHC.TO and XLV. For additional features, visit the drawdowns tool.
Volatility
XHC.TO vs. XLV - Volatility Comparison
iShares Global Healthcare Index ETF (CAD-Hedged) (XHC.TO) and Health Care Select Sector SPDR Fund (XLV) have volatilities of 3.00% and 2.98%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.