XHE vs. PSCH
Compare and contrast key facts about SPDR S&P Health Care Equipment ETF (XHE) and Invesco S&P SmallCap Health Care ETF (PSCH).
XHE and PSCH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. PSCH is a passively managed fund by Invesco that tracks the performance of the S&P SmallCap 600 Health Care Index. It was launched on Apr 7, 2010. Both XHE and PSCH 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: XHE or PSCH.
Correlation
The correlation between XHE and PSCH 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. PSCH - Performance Comparison
Loading data...
Key characteristics
XHE:
-0.25
PSCH:
-0.28
XHE:
-0.31
PSCH:
-0.21
XHE:
0.96
PSCH:
0.97
XHE:
-0.15
PSCH:
-0.15
XHE:
-0.88
PSCH:
-0.78
XHE:
7.89%
PSCH:
8.18%
XHE:
21.37%
PSCH:
24.19%
XHE:
-49.92%
PSCH:
-47.32%
XHE:
-39.35%
PSCH:
-39.01%
Returns By Period
In the year-to-date period, XHE achieves a -8.73% return, which is significantly higher than PSCH's -9.30% return. Over the past 10 years, XHE has outperformed PSCH with an annualized return of 6.79%, while PSCH has yielded a comparatively lower 6.10% annualized return.
XHE
-8.73%
8.39%
-12.73%
-5.24%
-1.77%
6.79%
PSCH
-9.30%
3.83%
-15.78%
-6.32%
0.44%
6.10%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
XHE vs. PSCH - Expense Ratio Comparison
XHE has a 0.35% expense ratio, which is higher than PSCH's 0.29% expense ratio.
Risk-Adjusted Performance
XHE vs. PSCH — Risk-Adjusted Performance Rank
XHE
PSCH
XHE vs. PSCH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Health Care Equipment ETF (XHE) and Invesco S&P SmallCap Health Care ETF (PSCH). 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.
Loading data...
Dividends
XHE vs. PSCH - Dividend Comparison
XHE's dividend yield for the trailing twelve months is around 0.04%, less than PSCH's 0.24% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XHE SPDR S&P Health Care Equipment ETF | 0.04% | 0.04% | 0.03% | 0.04% | 0.00% | 0.00% | 0.05% | 0.09% | 0.78% | 0.17% | 7.22% | 1.83% |
PSCH Invesco S&P SmallCap Health Care ETF | 0.24% | 0.27% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% | 0.00% | 1.02% |
Drawdowns
XHE vs. PSCH - Drawdown Comparison
The maximum XHE drawdown since its inception was -49.92%, which is greater than PSCH's maximum drawdown of -47.32%. Use the drawdown chart below to compare losses from any high point for XHE and PSCH. For additional features, visit the drawdowns tool.
Loading data...
Volatility
XHE vs. PSCH - Volatility Comparison
SPDR S&P Health Care Equipment ETF (XHE) and Invesco S&P SmallCap Health Care ETF (PSCH) have volatilities of 7.64% and 7.84%, 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.
Loading data...