XLV vs IYH: Complete Comparison
Health Care Select Sector SPDR Fund vs iShares U.S. Healthcare ETF 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 XLV wins this comparison
Key Factors
โถAdditional Metrics (5)
Bottom line: XLV wins with better expense ratio. Consider XLV for your portfolio, but IYH is still a solid choice if you prefer its specific advantages.
Detailed Overlap Analysis
56 shared holdings representing 91.0% portfolio overlap
Top Shared Holdings
| # | Stock | XLV Weight | IYH Weight | Overlap |
|---|---|---|---|---|
| 1 | LLY LLY | 14.33% | 13.96% | 13.96% |
| 2 | JNJ JNJ | 8.84% | 8.22% | 8.22% |
| 3 | ABBV ABBV | 7.23% | 7.03% | 7.03% |
| 4 | UNH UNH | 5.38% | 5.25% | 5.25% |
| 5 | MRK MRK | 4.44% | 4.04% | 4.04% |
| 6 | TMO TMO | 3.90% | 3.91% | 3.90% |
| 7 | ABT ABT | 3.87% | 3.88% | 3.87% |
| 8 | ISRG ISRG | 3.67% | 3.60% | 3.60% |
| 9 | AMGN AMGN | 3.10% | 3.21% | 3.10% |
| 10 | GILD GILD | 2.72% | 2.69% | 2.69% |
Overlap by Sector
Showing top 5 sectors by overlap contribution
Top Holdings Only in XLV
Unique to XLV
| Symbol | Name | Weight |
|---|---|---|
| CVS | CVS | 1.82% |
| MCK | MCK | 1.81% |
| COR | COR | 1.20% |
| MTD | MTD | 0.52% |
Top Holdings Only in IYH
Unique to IYH
| Symbol | Name | Weight |
|---|---|---|
| ALNY | ALNY | 0.99% |
| VEEV | VEEV | 0.78% |
| INSM | INSM | 0.64% |
| NTRA | NTRA | 0.47% |
| UTHR | UTHR | 0.36% |
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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