^SPXHC vs. IVV
Compare and contrast key facts about S&P 500 Health Care Index (^SPXHC) and iShares Core S&P 500 ETF (IVV).
IVV is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 15, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^SPXHC or IVV.
Key characteristics
| ^SPXHC | IVV | |
|---|---|---|
| YTD Return | 12.34% | 23.74% |
| 1Y Return | 17.06% | 35.46% |
| 3Y Return (Ann) | 6.22% | 11.02% |
| 5Y Return (Ann) | 11.01% | 16.24% |
| 10Y Return (Ann) | 9.72% | 14.02% |
| Sharpe Ratio | 1.56 | 2.86 |
| Sortino Ratio | 2.15 | 3.81 |
| Omega Ratio | 1.29 | 1.52 |
| Calmar Ratio | 1.22 | 3.06 |
| Martin Ratio | 7.30 | 17.70 |
| Ulcer Index | 2.32% | 2.01% |
| Daily Std Dev | 10.84% | 12.43% |
| Max Drawdown | -40.78% | -55.25% |
| Current Drawdown | -2.36% | -0.35% |
Correlation
The correlation between ^SPXHC and IVV is 0.77, 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
^SPXHC vs. IVV - Performance Comparison
In the year-to-date period, ^SPXHC achieves a 12.34% return, which is significantly lower than IVV's 23.74% return. Over the past 10 years, ^SPXHC has underperformed IVV with an annualized return of 9.72%, while IVV has yielded a comparatively higher 14.02% 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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Risk-Adjusted Performance
^SPXHC vs. IVV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for S&P 500 Health Care Index (^SPXHC) and iShares Core S&P 500 ETF (IVV). 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.
Drawdowns
^SPXHC vs. IVV - Drawdown Comparison
The maximum ^SPXHC drawdown since its inception was -40.78%, smaller than the maximum IVV drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for ^SPXHC and IVV. For additional features, visit the drawdowns tool.
Volatility
^SPXHC vs. IVV - Volatility Comparison
The current volatility for S&P 500 Health Care Index (^SPXHC) is 2.70%, while iShares Core S&P 500 ETF (IVV) has a volatility of 3.05%. This indicates that ^SPXHC experiences smaller price fluctuations and is considered to be less risky than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.