XLV vs. XLF
Compare and contrast key facts about Health Care Select Sector SPDR Fund (XLV) and Financial Select Sector SPDR Fund (XLF).
XLV and XLF 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. XLF is a passively managed fund by State Street that tracks the performance of the Financial Select Sector Index. It was launched on Dec 16, 1998. Both XLV and XLF 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 XLF.
Key characteristics
| XLV | XLF | |
|---|---|---|
| YTD Return | 10.04% | 26.21% |
| 1Y Return | 21.74% | 48.98% |
| 3Y Return (Ann) | 5.16% | 7.23% |
| 5Y Return (Ann) | 11.31% | 12.58% |
| 10Y Return (Ann) | 10.02% | 13.86% |
| Sharpe Ratio | 2.11 | 4.10 |
| Sortino Ratio | 2.89 | 5.34 |
| Omega Ratio | 1.39 | 1.71 |
| Calmar Ratio | 2.01 | 2.58 |
| Martin Ratio | 10.51 | 27.13 |
| Ulcer Index | 2.13% | 1.90% |
| Daily Std Dev | 10.63% | 12.61% |
| Max Drawdown | -39.18% | -82.43% |
| Current Drawdown | -5.27% | -1.47% |
Correlation
The correlation between XLV and XLF is 0.61, 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
XLV vs. XLF - Performance Comparison
In the year-to-date period, XLV achieves a 10.04% return, which is significantly lower than XLF's 26.21% return. Over the past 10 years, XLV has underperformed XLF with an annualized return of 10.02%, while XLF has yielded a comparatively higher 13.86% 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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XLV vs. XLF - Expense Ratio Comparison
XLV has a 0.12% expense ratio, which is lower than XLF's 0.13% expense ratio. Despite the difference, 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. XLF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Health Care Select Sector SPDR Fund (XLV) and Financial Select Sector SPDR Fund (XLF). 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. XLF - Dividend Comparison
XLV's dividend yield for the trailing twelve months is around 1.53%, more than XLF's 1.42% 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% |
XLF Financial Select Sector SPDR Fund | 1.42% | 1.71% | 2.04% | 1.63% | 2.03% | 1.87% | 2.08% | 1.48% | 1.63% | 2.40% | 1.98% | 1.81% |
Drawdowns
XLV vs. XLF - Drawdown Comparison
The maximum XLV drawdown since its inception was -39.18%, smaller than the maximum XLF drawdown of -82.43%. Use the drawdown chart below to compare losses from any high point for XLV and XLF. For additional features, visit the drawdowns tool.
Volatility
XLV vs. XLF - Volatility Comparison
The current volatility for Health Care Select Sector SPDR Fund (XLV) is 2.83%, while Financial Select Sector SPDR Fund (XLF) has a volatility of 3.98%. This indicates that XLV experiences smaller price fluctuations and is considered to be less risky than XLF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.