XPH vs. XLV
Compare and contrast key facts about SPDR S&P Pharmaceuticals ETF (XPH) and Health Care Select Sector SPDR Fund (XLV).
XPH and XLV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XPH is a passively managed fund by State Street that tracks the performance of the S&P Pharmaceuticals Select Industry Index. It was launched on Jun 19, 2006. 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. Both XPH and XLV 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: XPH or XLV.
Performance
XPH vs. XLV - Performance Comparison
Returns By Period
In the year-to-date period, XPH achieves a 8.90% return, which is significantly higher than XLV's 5.25% return. Over the past 10 years, XPH has underperformed XLV with an annualized return of -0.10%, while XLV has yielded a comparatively higher 9.37% annualized return.
XPH
8.90%
-5.33%
9.35%
24.28%
3.78%
-0.10%
XLV
5.25%
-7.31%
-2.04%
12.43%
9.66%
9.37%
Key characteristics
| XPH | XLV | |
|---|---|---|
| Sharpe Ratio | 1.54 | 1.13 |
| Sortino Ratio | 2.24 | 1.60 |
| Omega Ratio | 1.26 | 1.21 |
| Calmar Ratio | 0.69 | 1.29 |
| Martin Ratio | 4.01 | 4.68 |
| Ulcer Index | 6.44% | 2.61% |
| Daily Std Dev | 16.78% | 10.79% |
| Max Drawdown | -48.03% | -39.18% |
| Current Drawdown | -22.17% | -9.39% |
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XPH vs. XLV - Expense Ratio Comparison
XPH has a 0.35% expense ratio, which is higher than XLV's 0.12% expense ratio.
Correlation
The correlation between XPH and XLV is 0.75, 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.
Risk-Adjusted Performance
XPH vs. XLV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Pharmaceuticals ETF (XPH) and Health Care Select Sector SPDR Fund (XLV). 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
XPH vs. XLV - Dividend Comparison
XPH's dividend yield for the trailing twelve months is around 1.56%, less than XLV's 1.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XPH SPDR S&P Pharmaceuticals ETF | 1.56% | 1.28% | 1.64% | 0.95% | 0.47% | 0.64% | 0.65% | 0.67% | 0.63% | 7.15% | 5.55% | 2.06% |
XLV Health Care Select Sector SPDR Fund | 1.60% | 1.59% | 1.47% | 1.33% | 1.49% | 2.17% | 1.58% | 1.47% | 1.60% | 1.43% | 1.35% | 1.52% |
Drawdowns
XPH vs. XLV - Drawdown Comparison
The maximum XPH drawdown since its inception was -48.03%, which is greater than XLV's maximum drawdown of -39.18%. Use the drawdown chart below to compare losses from any high point for XPH and XLV. For additional features, visit the drawdowns tool.
Volatility
XPH vs. XLV - Volatility Comparison
SPDR S&P Pharmaceuticals ETF (XPH) has a higher volatility of 5.22% compared to Health Care Select Sector SPDR Fund (XLV) at 3.44%. This indicates that XPH's price experiences larger fluctuations and is considered to be riskier than XLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.