XLV vs. VHT
Compare and contrast key facts about Health Care Select Sector SPDR Fund (XLV) and Vanguard Health Care ETF (VHT).
XLV and VHT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. VHT is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Health Care 25/50 Index. It was launched on Jan 26, 2004. Both XLV and VHT 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: XLV or VHT.
Key characteristics
| XLV | VHT | |
|---|---|---|
| YTD Return | 10.04% | 10.00% |
| 1Y Return | 21.74% | 23.41% |
| 3Y Return (Ann) | 5.16% | 3.27% |
| 5Y Return (Ann) | 11.31% | 10.75% |
| 10Y Return (Ann) | 10.02% | 9.88% |
| Sharpe Ratio | 2.11 | 2.19 |
| Sortino Ratio | 2.89 | 3.01 |
| Omega Ratio | 1.39 | 1.40 |
| Calmar Ratio | 2.01 | 1.71 |
| Martin Ratio | 10.51 | 10.98 |
| Ulcer Index | 2.13% | 2.19% |
| Daily Std Dev | 10.63% | 11.00% |
| Max Drawdown | -39.18% | -39.12% |
| Current Drawdown | -5.27% | -4.92% |
Correlation
The correlation between XLV and VHT is 0.97, 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. VHT - Performance Comparison
The year-to-date returns for both stocks are quite close, with XLV having a 10.04% return and VHT slightly lower at 10.00%. Both investments have delivered pretty close results over the past 10 years, with XLV having a 10.02% annualized return and VHT not far behind at 9.88%. 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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XLV vs. VHT - Expense Ratio Comparison
XLV has a 0.12% expense ratio, which is higher than VHT's 0.10% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
XLV vs. VHT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Health Care Select Sector SPDR Fund (XLV) and Vanguard Health Care ETF (VHT). 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
XLV vs. VHT - Dividend Comparison
XLV's dividend yield for the trailing twelve months is around 1.53%, more than VHT's 1.41% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
VHT Vanguard Health Care ETF | 1.41% | 1.36% | 1.33% | 1.14% | 1.21% | 1.89% | 1.38% | 1.31% | 1.45% | 1.22% | 1.02% | 1.12% |
Drawdowns
XLV vs. VHT - Drawdown Comparison
The maximum XLV drawdown since its inception was -39.18%, roughly equal to the maximum VHT drawdown of -39.12%. Use the drawdown chart below to compare losses from any high point for XLV and VHT. For additional features, visit the drawdowns tool.
Volatility
XLV vs. VHT - Volatility Comparison
Health Care Select Sector SPDR Fund (XLV) and Vanguard Health Care ETF (VHT) have volatilities of 2.83% and 2.86%, 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.