Consolidated Returns as of 31 May 2023
Live Update: Jun 06 2023
In the last 20 Years, the Health Care Select Sector SPDR Fund (XLV) ETF obtained a 9.63% compound annual return, with a 13.57% standard deviation.
In 2022, the ETF granted a 1.42% dividend yield. If you are interested in getting periodic income, please refer to the Health Care Select Sector SPDR Fund (XLV) ETF: Dividend Yield page.
The ETF is related to the following investment themes:
- Asset Class: Equity
- Size: Large Cap
- Style: Growth
- Region: North America
- Country: U.S.
- Sector: Healthcare
- Industry: Broad Healthcare
Historical Returns as of May 31, 2023
Historical returns and Metrics of Health Care Select Sector SPDR Fund (XLV) ETF.
- No fees or capital gain taxes
- the reinvestment of dividends
Metrics as of May 31, 2023 | |||||||||
---|---|---|---|---|---|---|---|---|---|
1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | 20Y |
MAX
(~24Y) |
|
Portfolio Return (%) | -4.27 | 0.91 | -7.31 | -1.76 | 9.00 | 11.00 | 12.03 | 9.63 | 8.26 |
US Inflation (%) | 0.00 | 0.84 | 1.90 | 3.79 | 5.77 | 3.81 | 2.68 | 2.55 | 2.55 |
Infl. Adjusted Return (%) | -4.27 | 0.07 | -9.04 | -5.35 | 3.06 | 6.92 | 9.11 | 6.91 | 5.57 |
Waiting for updates, inflation of May 2023 is temporarily set to 0%. Returns / Inflation rates over 1 year are annualized. | |||||||||
RISK INDICATORS | |||||||||
Standard Deviation (%) | 15.27 | 15.07 | 16.13 | 14.13 | 13.57 | 14.24 | |||
Sharpe Ratio | -0.32 | 0.53 | 0.60 | 0.80 | 0.62 | 0.30 | |||
Sortino Ratio | -0.52 | 0.75 | 0.84 | 1.10 | 0.85 | 0.41 | |||
MAXIMUM DRAWDOWN | |||||||||
Drawdown Depth (%) | -8.16 | -13.07 | -13.07 | -13.21 | -35.50 | -35.50 | |||
Start (yyyy mm) | 2022 08 | 2022 01 | 2022 01 | 2015 08 | 2007 12 | 2007 12 | |||
Bottom (yyyy mm) | 2022 09 | 2022 09 | 2022 09 | 2015 09 | 2009 02 | 2009 02 | |||
Start to Bottom (# months) | 2 | 9 | 9 | 2 | 15 | 15 | |||
Start to Recovery (# months) in progress |
3
|
> 17
|
> 17
|
19
|
41
|
41
|
|||
ROLLING PERIOD RETURNS - Annualized | |||||||||
Best Return (%) | 41.40 | 29.65 | 23.99 | 17.00 | 10.79 | ||||
Worst Return (%) | -30.48 | -9.42 | -4.60 | -0.73 | 7.02 | ||||
% Positive Periods | 76% | 84% | 95% | 98% | 100% | ||||
MONTHS | |||||||||
Positive | 0 | 2 | 2 | 5 | 20 | 34 | 74 | 148 | 176 |
Negative | 1 | 1 | 4 | 7 | 16 | 26 | 46 | 92 | 117 |
% Positive | 0% | 67% | 33% | 42% | 56% | 57% | 62% | 62% | 60% |
WITHDRAWAL RATES (WR) | |||||||||
Safe WR (%) | 40.13 | 26.84 | 17.77 | 7.90 | 6.09 | ||||
Perpetual WR (%) | 2.97 | 6.47 | 8.35 | 6.47 | 5.27 |
- Annualized Portfolio Return: it's the annualized geometric mean return of the ETF
- Standard Deviation: it's a measure of the dispersion of returns around the mean
- Sharpe Ratio: it's a measure of risk-adjusted performance of the ETF. It's calculated by dividing the excess return of the ETF over the risk-free rate by the ETF standard deviation. The risk-free rate here considered is the 1-3 Mth T-Bill return.
- Sortino Ratio: another measure of risk-adjusted performance of the ETF. It's a modification of the Sharpe Ratio (same formula but the denominator is the ETF downside standard deviation).
- Maximum Drawdown: a drawdown refers to the decline in value from a relative peak value to a relative trough. A maximum drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained.
- Rolling Returns: returns over a time frame (best, worst, % of positive returns).
- Pos./Neg. Months: number of months with positive/negative return.
- Safe Withdrawal Rate (SWR): it's the percentage of the original portfolio balance that can be withdrawn at the end of each year with inflation adjustment, without the portfolio running out of money (dollar amount withdrawal).
- Perpetual Withdrawal Rate (PWR): it's the percentage of portfolio balance that can be withdrawn at the end of each year, while retaining the inflation adjusted portfolio balance (percentage withdrawal).
Correlations as of May 31, 2023
Correlation measures to what degree the returns of the two assets move in relation to each other.
If one variable goes up by a certain amount, the correlation coefficient indicates which way the other variable moves and by how much.
Asset correlations are calculated based on monthly returns.
Monthly correlations of Health Care Select Sector SPDR Fund (XLV) ETF vs the main Asset Classes, over different timeframes. Columns are sortable (click on table header to sort).
Correlation vs XLV | |||||
---|---|---|---|---|---|
|
|||||
Asset Class | 1 Year | 5 Years | 10 Years | Since Jan 1999 |
|
US Total Stock Market VTI |
0.67
|
0.79
|
0.78
|
0.78
|
|
US Large Cap SPY |
0.70
|
0.80
|
0.79
|
0.79
|
|
US Small Cap IJR |
0.60
|
0.68
|
0.65
|
0.60
|
|
US REITs VNQ |
0.58
|
0.68
|
0.61
|
0.50
|
|
US Technology QQQ |
0.42
|
0.66
|
0.68
|
0.62
|
|
Preferred Stocks PFF |
0.26
|
0.54
|
0.49
|
0.38
|
|
EAFE Stocks EFA |
0.70
|
0.70
|
0.68
|
0.67
|
|
World All Countries VT |
0.69
|
0.76
|
0.75
|
0.74
|
|
Emerging Markets EEM |
0.39
|
0.53
|
0.49
|
0.57
|
|
Europe VGK |
0.73
|
0.70
|
0.67
|
0.66
|
|
Pacific VPL |
0.59
|
0.66
|
0.64
|
0.59
|
|
Latin America FLLA |
0.49
|
0.43
|
0.37
|
0.49
|
|
US Total Bond Market BND |
0.50
|
0.30
|
0.25
|
0.10
|
|
Long Term Treasuries TLT |
0.28
|
0.03
|
0.02
|
-0.11
|
|
US Cash BIL |
-0.15
|
-0.18
|
-0.12
|
-0.11
|
|
TIPS TIP |
0.63
|
0.44
|
0.34
|
0.16
|
|
Invest. Grade Bonds LQD |
0.56
|
0.44
|
0.39
|
0.27
|
|
High Yield Bonds HYG |
0.69
|
0.63
|
0.61
|
0.56
|
|
International Bonds BNDX |
0.60
|
0.28
|
0.24
|
0.15
|
|
Emerg. Market Bonds EMB |
0.54
|
0.50
|
0.45
|
0.43
|
|
Gold GLD |
0.34
|
0.22
|
0.14
|
0.04
|
|
Commodities DBC |
0.75
|
0.36
|
0.25
|
0.20
|
Capital Growth as of May 31, 2023
Capital growth, returns, stats are calculated assuming a reinvestment of dividends.
If you are interested in getting periodic income, please refer to the Health Care Select Sector SPDR Fund (XLV) ETF: Dividend Yield page.
The Inflation Adjusted Capital now would be 3806.47$, with a net total return of 280.65% (6.91% annualized).
The Inflation Adjusted Capital now would be 3754.05$, with a net total return of 275.40% (5.57% annualized).
Drawdowns
A drawdown refers to the decline in value from a relative peak value to a relative trough. A maximum drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained.
Worst drawdowns since June 2003.
Drawdown period |
Recovery period |
Total |
||||
---|---|---|---|---|---|---|
Drawdown | Start | Bottom | #Months | End | #Months | #Months |
-35.50% | Dec 2007 | Feb 2009 | 15 | Apr 2011 | 26 | 41 |
-13.21% | Aug 2015 | Sep 2015 | 2 | Feb 2017 | 17 | 19 |
-13.07% | Jan 2022 | Sep 2022 | 9 | in progress | 8 | 17 |
-12.59% | Jan 2020 | Mar 2020 | 3 | May 2020 | 2 | 5 |
-11.23% | Jun 2011 | Sep 2011 | 4 | Jan 2012 | 4 | 8 |
-9.35% | Dec 2018 | Dec 2018 | 1 | Oct 2019 | 10 | 11 |
-9.34% | Mar 2004 | Oct 2004 | 8 | Apr 2005 | 6 | 14 |
-7.95% | Jun 2007 | Jul 2007 | 2 | Nov 2007 | 4 | 6 |
-7.28% | Feb 2018 | Mar 2018 | 2 | Jul 2018 | 4 | 6 |
-6.78% | Oct 2018 | Oct 2018 | 1 | Nov 2018 | 1 | 2 |
-6.34% | Mar 2006 | May 2006 | 3 | Aug 2006 | 3 | 6 |
-5.85% | Sep 2021 | Sep 2021 | 1 | Dec 2021 | 3 | 4 |
-5.72% | Sep 2020 | Oct 2020 | 2 | Nov 2020 | 1 | 3 |
-5.15% | Jul 2003 | Aug 2003 | 2 | Dec 2003 | 4 | 6 |
-3.94% | Aug 2005 | Oct 2005 | 3 | Dec 2005 | 2 | 5 |
-3.88% | Apr 2012 | May 2012 | 2 | Jun 2012 | 1 | 3 |
-3.53% | Aug 2013 | Aug 2013 | 1 | Oct 2013 | 2 | 3 |
-2.44% | Jun 2020 | Jun 2020 | 1 | Jul 2020 | 1 | 2 |
-2.32% | Feb 2007 | Feb 2007 | 1 | Apr 2007 | 2 | 3 |
-2.10% | Feb 2021 | Feb 2021 | 1 | Mar 2021 | 1 | 2 |
Worst drawdowns since January 1999.
Drawdown period |
Recovery period |
Total |
||||
---|---|---|---|---|---|---|
Drawdown | Start | Bottom | #Months | End | #Months | #Months |
-35.50% | Dec 2007 | Feb 2009 | 15 | Apr 2011 | 26 | 41 |
-23.83% | Jan 2000 | Sep 2001 | 21 | Jan 2004 | 28 | 49 |
-13.21% | Aug 2015 | Sep 2015 | 2 | Feb 2017 | 17 | 19 |
-13.07% | Jan 2022 | Sep 2022 | 9 | in progress | 8 | 17 |
-12.59% | Jan 2020 | Mar 2020 | 3 | May 2020 | 2 | 5 |
-11.23% | Jun 2011 | Sep 2011 | 4 | Jan 2012 | 4 | 8 |
-9.35% | Dec 2018 | Dec 2018 | 1 | Oct 2019 | 10 | 11 |
-9.34% | Mar 2004 | Oct 2004 | 8 | Apr 2005 | 6 | 14 |
-8.63% | Jul 1999 | Sep 1999 | 3 | Dec 1999 | 3 | 6 |
-7.95% | Jun 2007 | Jul 2007 | 2 | Nov 2007 | 4 | 6 |
-7.28% | Feb 2018 | Mar 2018 | 2 | Jul 2018 | 4 | 6 |
-6.78% | Oct 2018 | Oct 2018 | 1 | Nov 2018 | 1 | 2 |
-6.34% | Mar 2006 | May 2006 | 3 | Aug 2006 | 3 | 6 |
-5.85% | Sep 2021 | Sep 2021 | 1 | Dec 2021 | 3 | 4 |
-5.72% | Sep 2020 | Oct 2020 | 2 | Nov 2020 | 1 | 3 |
-3.94% | Aug 2005 | Oct 2005 | 3 | Dec 2005 | 2 | 5 |
-3.88% | Apr 2012 | May 2012 | 2 | Jun 2012 | 1 | 3 |
-3.53% | Aug 2013 | Aug 2013 | 1 | Oct 2013 | 2 | 3 |
-3.07% | May 1999 | May 1999 | 1 | Jun 1999 | 1 | 2 |
-2.44% | Jun 2020 | Jun 2020 | 1 | Jul 2020 | 1 | 2 |
Rolling Returns ( more details)
A rolling return is a measure of investment performance that calculates the return of an investment over a set period of time, with the starting date rolling forward. This approach can provide a more accurate representation of the investment's historical performance and helps investors to evaluate the investment's consistency over time.
Rolling Period |
Annualized Return (%) | Negative Periods |
|||
---|---|---|---|---|---|
Average | Latest | Best | Worst | ||
1 Year |
9.15 | -1.76 |
41.40 Jan 2013 - Dec 2013 |
-30.48 Dec 2007 - Nov 2008 |
23.76% |
2 Years |
9.04 | 3.07 |
33.73 Dec 2012 - Nov 2014 |
-16.59 May 2007 - Apr 2009 |
15.56% |
3 Years |
9.07 | 9.00 |
29.65 Jun 2012 - May 2015 |
-9.42 Mar 2006 - Feb 2009 |
16.28% |
5 Years |
9.17 | 11.00 |
23.99 Aug 2010 - Jul 2015 |
-4.60 Mar 2004 - Feb 2009 |
4.70% |
7 Years |
9.24 | 10.47 |
18.91 Oct 2011 - Sep 2018 |
-1.47 Mar 2002 - Feb 2009 |
1.90% |
10 Years |
9.56 | 12.03 |
17.00 Sep 2011 - Aug 2021 |
-0.73 May 1999 - Apr 2009 |
1.72% |
15 Years |
9.38 | 11.57 |
12.03 May 2008 - Apr 2023 |
6.17 May 1999 - Apr 2014 |
0.00% |
20 Years |
8.89 | 9.63 |
10.79 Nov 2001 - Oct 2021 |
7.02 Apr 2000 - Mar 2020 |
0.00% |
If you need a deeper detail about rolling returns, please refer to the Health Care Select Sector SPDR Fund (XLV) ETF: Rolling Returns page.
Seasonality
Health Care Select Sector SPDR Fund (XLV) ETF: in which months is it better to invest?
For further information about the seasonality, check the Asset Class Seasonality page.
Monthly Average Return (%) and Gain Frequency | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Return (%) | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
Average Gain Frequency |
-1.03
40% |
-2.64
20% |
1.71
80% |
2.41
60% |
0.03
60% |
1.10
60% |
3.71
80% |
0.57
60% |
-1.54
20% |
1.89
60% |
4.54
80% |
1.02
60% |
Capital Growth on monthly avg returns | ||||||||||||
100
|
98.97
|
96.35
|
98.01
|
100.37
|
100.40
|
101.50
|
105.27
|
105.87
|
104.24
|
106.21
|
111.03
|
112.16
|
Best |
4.8 2019 |
1.1 2019 |
5.7 2022 |
12.6 2020 |
3.3 2020 |
6.6 2019 |
6.6 2018 |
4.3 2018 |
3.0 2018 |
9.6 2022 |
8.1 2018 |
9.0 2021 |
Worst |
-6.9 2022 |
-6.6 2020 |
-3.9 2020 |
-4.9 2022 |
-4.3 2023 |
-2.6 2022 |
-1.6 2019 |
-5.8 2022 |
-5.9 2021 |
-6.8 2018 |
-3.1 2021 |
-9.3 2018 |
Monthly Average Return (%) and Gain Frequency | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Return (%) | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
Average Gain Frequency |
-0.18
60% |
-0.12
40% |
0.73
60% |
1.59
60% |
1.07
80% |
1.21
60% |
3.45
90% |
-0.53
50% |
-0.94
40% |
1.94
60% |
3.55
80% |
0.63
60% |
Capital Growth on monthly avg returns | ||||||||||||
100
|
99.82
|
99.70
|
100.42
|
102.02
|
103.11
|
104.36
|
107.96
|
107.39
|
106.38
|
108.45
|
112.30
|
113.01
|
Best |
6.6 2018 |
6.3 2017 |
5.7 2022 |
12.6 2020 |
4.5 2015 |
6.6 2019 |
7.2 2013 |
4.8 2014 |
3.2 2013 |
9.6 2022 |
8.1 2018 |
9.0 2021 |
Worst |
-7.7 2016 |
-6.6 2020 |
-3.9 2020 |
-4.9 2022 |
-4.3 2023 |
-2.6 2022 |
-1.6 2019 |
-8.0 2015 |
-5.9 2021 |
-6.8 2018 |
-3.1 2021 |
-9.3 2018 |
Monthly Average Return (%) and Gain Frequency | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Return (%) | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
Average Gain Frequency |
0.68
60% |
-0.54
52% |
1.31
64% |
1.81
60% |
0.62
68% |
0.40
50% |
1.25
63% |
-0.23
54% |
-1.29
42% |
1.00
63% |
2.10
75% |
1.87
71% |
Capital Growth on monthly avg returns | ||||||||||||
100
|
100.68
|
100.13
|
101.44
|
103.28
|
103.92
|
104.33
|
105.64
|
105.40
|
104.04
|
105.08
|
107.29
|
109.29
|
Best |
7.6 2013 |
6.3 2017 |
9.0 2000 |
12.6 2020 |
6.8 2009 |
6.6 2019 |
7.2 2013 |
4.8 2014 |
9.1 2010 |
9.6 2022 |
11.6 2001 |
9.0 1999 |
Worst |
-7.7 2016 |
-12.4 2009 |
-6.4 2001 |
-4.9 2022 |
-6.5 2010 |
-7.2 2002 |
-5.4 2004 |
-8.0 2015 |
-14.5 2001 |
-11.5 2008 |
-9.1 2000 |
-9.3 2018 |
Monthly/Yearly Returns
Health Care Select Sector SPDR Fund (XLV) ETF data source starts from January 1999: let's focus on monthly and yearly returns.
- Histogram: it shows the distribution of the returns recorded so far
- Plain Table: it shows the detailed monthly and yearly returns
Yearly Return(%) |
Monthly Return(%) |
|||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Year | Total | Infl.Adj | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
2023 |
-5.54 | -7.59 | -1.8 | -4.6 | 2.2 | 3.1 | -4.3 | |||||||
2022 |
-2.09 | -8.02 | -6.9 | -1.0 | 5.7 | -4.9 | 1.5 | -2.6 | 3.2 | -5.8 | -2.5 | 9.6 | 4.7 | -1.9 |
2021 |
+25.59 | +17.33 | 1.4 | -2.1 | 4.0 | 3.9 | 1.9 | 2.3 | 4.9 | 2.3 | -5.9 | 5.1 | -3.1 | 9.0 |
2020 |
+13.34 | +11.82 | -2.7 | -6.6 | -3.9 | 12.6 | 3.3 | -2.4 | 5.5 | 2.6 | -2.2 | -3.6 | 7.9 | 3.8 |
2019 |
+20.45 | +17.75 | 4.8 | 1.1 | 0.5 | -2.7 | -2.2 | 6.6 | -1.6 | -0.6 | -0.1 | 5.1 | 5.0 | 3.5 |
2018 |
+6.28 | +4.29 | 6.6 | -4.5 | -2.9 | 1.1 | 0.2 | 1.6 | 6.6 | 4.3 | 3.0 | -6.8 | 8.1 | -9.3 |
2017 |
+21.77 | +19.26 | 2.3 | 6.3 | -0.5 | 1.5 | 0.8 | 4.6 | 0.8 | 1.8 | 0.9 | -0.8 | 2.9 | -0.6 |
2016 |
-2.76 | -4.74 | -7.7 | -0.4 | 2.7 | 3.0 | 2.2 | 0.9 | 4.9 | -3.2 | -0.5 | -6.6 | 2.1 | 0.7 |
2015 |
+6.84 | +6.07 | 1.3 | 4.3 | 0.6 | -1.1 | 4.5 | -0.4 | 3.0 | -8.0 | -5.7 | 7.7 | -0.3 | 1.7 |
2014 |
+25.14 | +24.20 | 0.9 | 6.2 | -1.3 | -0.6 | 2.9 | 2.1 | 0.1 | 4.8 | 0.4 | 5.3 | 3.5 | -1.4 |
2013 |
+41.40 | +39.31 | 7.6 | 1.3 | 6.2 | 3.0 | 1.6 | -0.6 | 7.2 | -3.5 | 3.2 | 4.3 | 4.7 | 0.7 |
2012 |
+17.37 | +15.36 | 3.2 | 1.1 | 4.5 | -0.3 | -3.6 | 5.7 | 1.0 | 1.2 | 3.8 | -0.2 | 0.5 | -0.4 |
2011 |
+12.39 | +9.16 | 0.6 | 3.1 | 1.8 | 6.4 | 2.5 | -1.1 | -4.0 | -2.1 | -4.5 | 5.8 | 1.0 | 3.0 |
2010 |
+3.30 | +1.78 | 0.7 | 0.4 | 2.7 | -3.9 | -6.5 | -1.8 | 1.3 | -1.6 | 9.1 | 2.2 | -2.9 | 4.6 |
2009 |
+19.51 | +16.35 | -1.2 | -12.4 | 6.0 | -0.1 | 6.8 | 2.4 | 5.9 | 2.7 | 0.6 | -2.1 | 9.3 | 1.8 |
2008 |
-23.31 | -23.38 | -4.6 | -2.7 | -4.5 | 1.0 | 1.9 | -4.2 | 4.5 | 2.1 | -7.4 | -11.5 | -6.3 | 7.2 |
2007 |
+7.15 | +2.95 | 3.0 | -2.3 | 0.2 | 7.3 | 1.7 | -3.4 | -4.8 | 2.3 | 3.1 | 1.9 | 1.3 | -2.8 |
2006 |
+7.05 | +4.40 | 1.3 | 1.2 | -1.3 | -3.1 | -2.1 | 0.0 | 5.5 | 2.9 | 1.5 | 0.3 | -0.1 | 1.0 |
2005 |
+6.41 | +2.90 | -3.1 | 3.0 | -0.6 | 3.5 | 1.3 | -0.5 | 2.3 | -0.3 | -0.6 | -3.1 | 1.2 | 3.5 |
2004 |
+1.28 | -1.91 | 2.8 | 1.1 | -4.2 | 3.1 | -0.3 | -0.4 | -5.4 | 1.6 | -1.7 | -2.2 | 2.0 | 5.5 |
2003 |
+14.92 | +12.80 | -0.3 | -2.2 | 3.6 | 3.3 | 2.1 | 4.4 | -1.5 | -3.7 | 0.3 | 0.7 | 2.1 | 5.8 |
2002 |
-0.74 | -3.05 | -0.7 | 4.6 | 5.8 | -0.6 | 1.4 | -7.2 | -2.9 | 1.0 | -6.2 | 5.8 | 3.1 | -3.8 |
2001 |
-0.83 | -2.34 | 7.2 | -1.9 | -6.4 | 7.4 | 3.8 | -1.1 | -2.0 | -5.1 | -14.5 | 0.5 | 11.6 | 2.4 |
2000 |
-11.77 | -14.66 | -2.5 | -6.5 | 9.0 | -1.2 | -2.7 | 0.2 | -1.5 | 3.5 | -3.6 | 1.5 | -9.1 | 1.7 |
1999 |
+19.51 | +16.38 | 4.8 | 0.1 | 2.6 | 3.6 | -3.1 | 4.4 | -3.0 | -4.5 | -1.4 | 5.1 | 1.2 | 9.0 |