XHE vs. FXAIX
Compare and contrast key facts about SPDR S&P Health Care Equipment ETF (XHE) and Fidelity 500 Index Fund (FXAIX).
XHE is a passively managed fund by State Street that tracks the performance of the S&P Health Care Equipment Select Industry Index. It was launched on Jan 26, 2011. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XHE or FXAIX.
Key characteristics
| XHE | FXAIX | |
|---|---|---|
| YTD Return | 7.98% | 26.96% |
| 1Y Return | 25.54% | 35.01% |
| 3Y Return (Ann) | -10.27% | 10.23% |
| 5Y Return (Ann) | 1.82% | 15.78% |
| 10Y Return (Ann) | 9.09% | 13.30% |
| Sharpe Ratio | 1.59 | 3.06 |
| Sortino Ratio | 2.35 | 4.07 |
| Omega Ratio | 1.28 | 1.58 |
| Calmar Ratio | 0.70 | 4.45 |
| Martin Ratio | 10.27 | 20.17 |
| Ulcer Index | 3.12% | 1.86% |
| Daily Std Dev | 20.10% | 12.27% |
| Max Drawdown | -49.92% | -33.79% |
| Current Drawdown | -31.71% | -0.25% |
Correlation
The correlation between XHE and FXAIX is 0.69, 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
XHE vs. FXAIX - Performance Comparison
In the year-to-date period, XHE achieves a 7.98% return, which is significantly lower than FXAIX's 26.96% return. Over the past 10 years, XHE has underperformed FXAIX with an annualized return of 9.09%, while FXAIX has yielded a comparatively higher 13.30% 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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XHE vs. FXAIX - Expense Ratio Comparison
XHE has a 0.35% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
XHE vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Health Care Equipment ETF (XHE) and Fidelity 500 Index Fund (FXAIX). 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
XHE vs. FXAIX - Dividend Comparison
XHE's dividend yield for the trailing twelve months is around 0.04%, less than FXAIX's 1.21% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XHE SPDR S&P Health Care Equipment ETF | 0.04% | 0.03% | 0.04% | 0.00% | 0.00% | 0.05% | 0.09% | 0.78% | 0.17% | 7.22% | 1.83% | 0.19% |
FXAIX Fidelity 500 Index Fund | 1.21% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% | 1.84% |
Drawdowns
XHE vs. FXAIX - Drawdown Comparison
The maximum XHE drawdown since its inception was -49.92%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for XHE and FXAIX. For additional features, visit the drawdowns tool.
Volatility
XHE vs. FXAIX - Volatility Comparison
SPDR S&P Health Care Equipment ETF (XHE) has a higher volatility of 5.21% compared to Fidelity 500 Index Fund (FXAIX) at 3.74%. This indicates that XHE's price experiences larger fluctuations and is considered to be riskier than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.