VOOV vs XLV: Complete Comparison
Vanguard S&P 500 Value ETF vs Health Care Select Sector SPDR Fund โ overlap, correlation, performance & risk analysis
Visual Overlap
Price Performance
Historical price comparison over 3M
๐Performance Comparison
โ ๏ธRisk Metrics
Interpretation:
- ๐ Lower volatility = smoother ride
- โก Higher Sharpe/Sortino = better risk-adjusted returns
- โ ๏ธ Smaller max drawdown = less worst-case pain
- ๐ Beta > 1 = more volatile than S&P 500
โ๏ธHead-to-Head Comparison
๐ VOOV wins this comparison
Key Factors
โถAdditional Metrics (5)
Bottom line: VOOV wins with better expense ratio and number of holdings. Consider VOOV for your portfolio, but XLV is still a solid choice if you prefer its specific advantages.
Detailed Overlap Analysis
46 shared holdings representing 13.6% portfolio overlap
Top Shared Holdings
| # | Stock | VOOV Weight | XLV Weight | Overlap |
|---|---|---|---|---|
| 1 | JNJ JNJ | 1.74% | 8.84% | 1.74% |
| 2 | UNH UNH | 1.18% | 5.38% | 1.18% |
| 3 | ABBV ABBV | 0.85% | 7.23% | 0.85% |
| 4 | MRK MRK | 0.82% | 4.44% | 0.82% |
| 5 | ABT ABT | 0.82% | 3.87% | 0.82% |
| 6 | CVS CVS | 0.38% | 1.82% | 0.38% |
| 7 | BMY BMY | 0.36% | 1.89% | 0.36% |
| 8 | AMGN AMGN | 0.35% | 3.10% | 0.35% |
| 9 | ELV ELV | 0.27% | 1.36% | 0.27% |
| 10 | CI CI | 0.25% | 1.29% | 0.25% |
Overlap by Sector
Showing top 5 sectors by overlap contribution
Top Holdings Only in VOOV
Unique to VOOV
| Symbol | Name | Weight |
|---|---|---|
| AAPL | AAPL | 8.29% |
| MSFT | MSFT | 7.07% |
| AMZN | AMZN | 3.81% |
| XOM | XOM | 1.87% |
| BRK-B | BRK-B | 1.71% |
Top Holdings Only in XLV
Unique to XLV
| Symbol | Name | Weight |
|---|---|---|
| LLY | LLY | 14.33% |
| TMO | TMO | 3.90% |
| ISRG | ISRG | 3.67% |
| GILD | GILD | 2.72% |
| PFE | PFE | 2.64% |
Price Correlation
How We Calculate Overlap
We use the minimum weight method with normalization to calculate portfolio overlap:
Overlap = ฮฃ min(weightA, weightB) for each shared holdingNormalization: Holdings weights are normalized to sum to 100% before comparison. This ensures accurate overlap calculations even when analyzing partial holdings data (e.g., top 50 positions).
Conservative approach: We consider only the smaller allocation for each shared position, giving you a realistic view of true portfolio overlap.
๐ This analysis is based on publicly available holdings data. For the most current and complete holdings information, please visit the official ETF provider websites.
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