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

Correlation

The correlation between XLV and IHI 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.


-0.50.00.51.0
Correlation: 0.8

Performance

XLV vs. IHI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Health Care Select Sector SPDR Fund (XLV) and iShares U.S. Medical Devices ETF (IHI). The values are adjusted to include any dividend payments, if applicable.

500.00%550.00%600.00%650.00%700.00%750.00%NovemberDecember2025FebruaryMarchApril
545.13%
678.40%
XLV
IHI

Key characteristics

Sharpe Ratio

XLV:

-0.12

IHI:

0.20

Sortino Ratio

XLV:

-0.08

IHI:

0.37

Omega Ratio

XLV:

0.99

IHI:

1.05

Calmar Ratio

XLV:

-0.11

IHI:

0.16

Martin Ratio

XLV:

-0.27

IHI:

0.85

Ulcer Index

XLV:

5.29%

IHI:

3.36%

Daily Std Dev

XLV:

11.86%

IHI:

14.51%

Max Drawdown

XLV:

-39.17%

IHI:

-49.64%

Current Drawdown

XLV:

-7.73%

IHI:

-9.12%

Returns By Period

In the year-to-date period, XLV achieves a 4.60% return, which is significantly higher than IHI's 2.87% return. Over the past 10 years, XLV has underperformed IHI with an annualized return of 8.92%, while IHI has yielded a comparatively higher 12.24% annualized return.


XLV

YTD

4.60%

1M

-3.38%

6M

-5.65%

1Y

-0.56%

5Y*

12.16%

10Y*

8.92%

IHI

YTD

2.87%

1M

-5.87%

6M

2.72%

1Y

4.17%

5Y*

10.77%

10Y*

12.24%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


XLV vs. IHI - Expense Ratio Comparison

XLV has a 0.12% expense ratio, which is lower than IHI's 0.43% expense ratio.


IHI
iShares U.S. Medical Devices ETF
Expense ratio chart for IHI: current value is 0.43%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
IHI: 0.43%
Expense ratio chart for XLV: current value is 0.12%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
XLV: 0.12%

Risk-Adjusted Performance

XLV vs. IHI — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XLV
The Risk-Adjusted Performance Rank of XLV is 1515
Overall Rank
The Sharpe Ratio Rank of XLV is 1515
Sharpe Ratio Rank
The Sortino Ratio Rank of XLV is 1313
Sortino Ratio Rank
The Omega Ratio Rank of XLV is 1414
Omega Ratio Rank
The Calmar Ratio Rank of XLV is 1515
Calmar Ratio Rank
The Martin Ratio Rank of XLV is 1616
Martin Ratio Rank

IHI
The Risk-Adjusted Performance Rank of IHI is 3030
Overall Rank
The Sharpe Ratio Rank of IHI is 3030
Sharpe Ratio Rank
The Sortino Ratio Rank of IHI is 2929
Sortino Ratio Rank
The Omega Ratio Rank of IHI is 2929
Omega Ratio Rank
The Calmar Ratio Rank of IHI is 3030
Calmar Ratio Rank
The Martin Ratio Rank of IHI is 3333
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

XLV vs. IHI - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Health Care Select Sector SPDR Fund (XLV) and iShares U.S. Medical Devices ETF (IHI). 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 XLV, currently valued at -0.12, compared to the broader market-1.000.001.002.003.004.005.00
XLV: -0.12
IHI: 0.20
The chart of Sortino ratio for XLV, currently valued at -0.08, compared to the broader market-2.000.002.004.006.008.0010.00
XLV: -0.08
IHI: 0.37
The chart of Omega ratio for XLV, currently valued at 0.99, compared to the broader market0.501.001.502.002.503.00
XLV: 0.99
IHI: 1.05
The chart of Calmar ratio for XLV, currently valued at -0.11, compared to the broader market0.005.0010.0015.00
XLV: -0.11
IHI: 0.16
The chart of Martin ratio for XLV, currently valued at -0.27, compared to the broader market0.0020.0040.0060.0080.00100.00
XLV: -0.27
IHI: 0.85

The current XLV Sharpe Ratio is -0.12, which is lower than the IHI Sharpe Ratio of 0.20. The chart below compares the historical Sharpe Ratios of XLV and IHI, 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 Ratio0.000.501.001.502.00NovemberDecember2025FebruaryMarchApril
-0.12
0.20
XLV
IHI

Dividends

XLV vs. IHI - Dividend Comparison

XLV's dividend yield for the trailing twelve months is around 1.63%, more than IHI's 0.46% yield.


TTM20242023202220212020201920182017201620152014
XLV
Health Care Select Sector SPDR Fund
1.63%1.67%1.59%1.47%1.33%1.49%2.17%1.58%1.47%1.60%1.43%1.35%
IHI
iShares U.S. Medical Devices ETF
0.46%0.46%0.53%0.45%0.25%0.25%0.33%0.26%0.37%0.55%1.28%0.65%

Drawdowns

XLV vs. IHI - Drawdown Comparison

The maximum XLV drawdown since its inception was -39.17%, smaller than the maximum IHI drawdown of -49.64%. Use the drawdown chart below to compare losses from any high point for XLV and IHI. For additional features, visit the drawdowns tool.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%NovemberDecember2025FebruaryMarchApril
-7.73%
-9.12%
XLV
IHI

Volatility

XLV vs. IHI - Volatility Comparison

The current volatility for Health Care Select Sector SPDR Fund (XLV) is 3.85%, while iShares U.S. Medical Devices ETF (IHI) has a volatility of 5.08%. This indicates that XLV experiences smaller price fluctuations and is considered to be less risky than IHI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%2.50%3.00%3.50%4.00%4.50%5.00%5.50%NovemberDecember2025FebruaryMarchApril
3.85%
5.08%
XLV
IHI
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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