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

Key characteristics


XLVIXJ
YTD Return10.04%9.69%
1Y Return21.74%21.31%
3Y Return (Ann)5.16%3.98%
5Y Return (Ann)11.31%9.52%
10Y Return (Ann)10.02%8.28%
Sharpe Ratio2.112.14
Sortino Ratio2.892.96
Omega Ratio1.391.39
Calmar Ratio2.011.87
Martin Ratio10.5110.00
Ulcer Index2.13%2.24%
Daily Std Dev10.63%10.45%
Max Drawdown-39.18%-40.60%
Current Drawdown-5.27%-6.73%

Correlation

-0.50.00.51.00.9

The correlation between XLV and IXJ is 0.88, 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

XLV vs. IXJ - Performance Comparison

The year-to-date returns for both stocks are quite close, with XLV having a 10.04% return and IXJ slightly lower at 9.69%. Over the past 10 years, XLV has outperformed IXJ with an annualized return of 10.02%, while IXJ has yielded a comparatively lower 8.28% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%5.00%10.00%15.00%MayJuneJulyAugustSeptemberOctober
6.56%
6.49%
XLV
IXJ

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XLV vs. IXJ - Expense Ratio Comparison

XLV has a 0.12% expense ratio, which is lower than IXJ's 0.46% expense ratio.


IXJ
iShares Global Healthcare ETF
Expense ratio chart for IXJ: current value at 0.46% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.46%
Expense ratio chart for XLV: current value at 0.12% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.12%

Risk-Adjusted Performance

XLV vs. IXJ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Health Care Select Sector SPDR Fund (XLV) and iShares Global Healthcare ETF (IXJ). 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.


XLV
Sharpe ratio
The chart of Sharpe ratio for XLV, currently valued at 2.11, compared to the broader market-2.000.002.004.006.002.11
Sortino ratio
The chart of Sortino ratio for XLV, currently valued at 2.89, compared to the broader market0.005.0010.002.89
Omega ratio
The chart of Omega ratio for XLV, currently valued at 1.39, compared to the broader market1.001.502.002.503.001.39
Calmar ratio
The chart of Calmar ratio for XLV, currently valued at 2.01, compared to the broader market0.005.0010.0015.002.01
Martin ratio
The chart of Martin ratio for XLV, currently valued at 10.51, compared to the broader market0.0020.0040.0060.0080.00100.00120.0010.51
IXJ
Sharpe ratio
The chart of Sharpe ratio for IXJ, currently valued at 2.14, compared to the broader market-2.000.002.004.006.002.14
Sortino ratio
The chart of Sortino ratio for IXJ, currently valued at 2.96, compared to the broader market0.005.0010.002.96
Omega ratio
The chart of Omega ratio for IXJ, currently valued at 1.39, compared to the broader market1.001.502.002.503.001.39
Calmar ratio
The chart of Calmar ratio for IXJ, currently valued at 1.87, compared to the broader market0.005.0010.0015.001.87
Martin ratio
The chart of Martin ratio for IXJ, currently valued at 10.00, compared to the broader market0.0020.0040.0060.0080.00100.00120.0010.00

XLV vs. IXJ - Sharpe Ratio Comparison

The current XLV Sharpe Ratio is 2.11, which is comparable to the IXJ Sharpe Ratio of 2.14. The chart below compares the historical Sharpe Ratios of XLV and IXJ, 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 Ratio0.501.001.502.00MayJuneJulyAugustSeptemberOctober
2.11
2.14
XLV
IXJ

Dividends

XLV vs. IXJ - Dividend Comparison

XLV's dividend yield for the trailing twelve months is around 1.53%, more than IXJ's 1.30% yield.


TTM20232022202120202019201820172016201520142013
XLV
Health Care Select Sector SPDR Fund
1.53%1.59%1.47%1.33%1.49%2.16%1.56%1.46%1.59%1.43%1.34%1.51%
IXJ
iShares Global Healthcare ETF
1.30%1.38%1.17%1.12%1.27%1.42%2.11%1.46%1.73%2.84%1.37%1.50%

Drawdowns

XLV vs. IXJ - Drawdown Comparison

The maximum XLV drawdown since its inception was -39.18%, roughly equal to the maximum IXJ drawdown of -40.60%. Use the drawdown chart below to compare losses from any high point for XLV and IXJ. For additional features, visit the drawdowns tool.


-7.00%-6.00%-5.00%-4.00%-3.00%-2.00%-1.00%0.00%MayJuneJulyAugustSeptemberOctober
-5.27%
-6.73%
XLV
IXJ

Volatility

XLV vs. IXJ - Volatility Comparison

Health Care Select Sector SPDR Fund (XLV) and iShares Global Healthcare ETF (IXJ) have volatilities of 2.83% and 2.72%, 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.


2.00%3.00%4.00%5.00%MayJuneJulyAugustSeptemberOctober
2.83%
2.72%
XLV
IXJ