ZYXI vs. XLV
Compare and contrast key facts about Zynex Inc (ZYXI) and Health Care Select Sector SPDR Fund (XLV).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ZYXI or XLV.
Correlation
The correlation between ZYXI and XLV is 0.08, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ZYXI vs. XLV - Performance Comparison
Key characteristics
ZYXI:
-0.69
XLV:
0.44
ZYXI:
-0.81
XLV:
0.69
ZYXI:
0.90
XLV:
1.08
ZYXI:
-0.41
XLV:
0.39
ZYXI:
-0.93
XLV:
1.04
ZYXI:
33.16%
XLV:
4.85%
ZYXI:
45.11%
XLV:
11.37%
ZYXI:
-99.72%
XLV:
-39.17%
ZYXI:
-71.63%
XLV:
-5.71%
Returns By Period
In the year-to-date period, ZYXI achieves a 0.62% return, which is significantly lower than XLV's 6.88% return. Over the past 10 years, ZYXI has outperformed XLV with an annualized return of 54.41%, while XLV has yielded a comparatively lower 9.54% annualized return.
ZYXI
0.62%
-0.37%
1.13%
-31.11%
-1.43%
54.41%
XLV
6.88%
5.81%
0.51%
4.88%
8.96%
9.54%
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Risk-Adjusted Performance
ZYXI vs. XLV — Risk-Adjusted Performance Rank
ZYXI
XLV
ZYXI vs. XLV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Zynex Inc (ZYXI) 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
ZYXI vs. XLV - Dividend Comparison
ZYXI has not paid dividends to shareholders, while XLV's dividend yield for the trailing twelve months is around 1.56%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ZYXI Zynex Inc | 0.00% | 0.00% | 0.00% | 0.72% | 0.00% | 0.00% | 0.00% | 2.38% | 0.00% | 0.00% | 0.00% | 90.91% |
XLV Health Care Select Sector SPDR Fund | 1.56% | 1.67% | 1.59% | 1.47% | 1.33% | 1.49% | 2.17% | 1.58% | 1.47% | 1.60% | 1.43% | 1.35% |
Drawdowns
ZYXI vs. XLV - Drawdown Comparison
The maximum ZYXI drawdown since its inception was -99.72%, which is greater than XLV's maximum drawdown of -39.17%. Use the drawdown chart below to compare losses from any high point for ZYXI and XLV. For additional features, visit the drawdowns tool.
Volatility
ZYXI vs. XLV - Volatility Comparison
Zynex Inc (ZYXI) has a higher volatility of 11.30% compared to Health Care Select Sector SPDR Fund (XLV) at 3.99%. This indicates that ZYXI'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.