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XLV correlations (Health Care Select Sector SPDR Fund)

Every correlation that matters for XLV: the assets it tracks, the ones that offset it, and where it sits among 4756 US stocks and ETFs.

Data as of 2026-08-27 · refreshed every trading day · Sector

Volatility (ann.)
14.7%
3y weekly
Beta vs S&P 500
0.42
3y weekly
1-year return
+27.5%
price, adjusted
5-year return
+37.4%
price, adjusted
Expense ratio
0.08%
annual
Assets
$41.7B
under management
Dividend yield
1.56%
trailing
Max drawdown
-17.1%
3y, daily closes
-1%0%+29%2025-09-052026-08-27
XLV over the last 12 months, weekly closes indexed to 100 at the start.

Stocks and ETFs most correlated with XLV

AssetCorrelation (3Y)
BMEBlackrock Health Sciences Trust0.87
IBBiShares Biotechnology ETF0.78
GRXThe Gabelli Healthcare & Wellness Trust0.75
DHRDanaher Corporation0.71
USMViShares MSCI USA Min Vol Factor ETF0.71
MRKMerck & Co.0.70
THWabrdn World Healthcare Fund Shares of Beneficial Interest0.68
DGROiShares Core Dividend Growth ETF0.68
NVSNovartis AG0.67
TMOThermo Fisher Scientific0.67
ABBVAbbVie0.64
BMEZBlackRock Health Sciences Term Trust0.64
SCHDSchwab US Dividend Equity ETF0.64
VTVVanguard Value ETF0.64
LLYLilly (Eli)0.64

Best diversifiers for XLV

If the goal is offsetting XLV, these tracked assets have historically moved the most on their own terms.

AssetCorrelation (3Y)
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN-0.41
VXXiPath Series B S&P 500 VIX Short-Term Futures ETN-0.40
MVSTMicrovast Holdings, Inc.-0.23
SOCSable Offshore Corp.-0.22
BTCSBTCS Inc.-0.21
VELOVelo3D, Inc.-0.20
BTCTBTC Digital Ltd.-0.20
ARENThe Arena Group Holdings, Inc.-0.20
ZCMDZhongchao Inc. - Class A-0.18
FLYEFly-E Group, Inc.-0.18

XLV vs benchmarks

XLV vs SPY 0.41 XLV vs QQQ 0.24

XLV vs its peers

XLV vs XLB 0.58 XLV vs XLRE 0.53 XLV vs XLP 0.48 XLV vs XLI 0.47 XLV vs XLF 0.46

Get XLV data as JSON

Free API · no key required
$ curl https://www.pairbook.io/api/v1/symbols/xlv.json

Correlations, diversifiers, beta and volatility for XLV, plus one endpoint per pair. API documentation.

XLV holdings overlap with other ETFs

ETFOverlapCorrelation (3Y)
XLV vs DGROiShares Core Dividend Growth ETF18.5%0.68
XLV vs SCHDSchwab US Dividend Equity ETF18.0%0.64
XLV vs VIGVanguard Dividend Appreciation ETF17.7%0.62
XLV vs VTVVanguard Value ETF15.6%0.64
XLV vs SPYVSPDR Portfolio S&P 500 Value ETF13.1%0.62
XLV vs VYMVanguard High Dividend Yield ETF13.0%0.57
XLV vs DIASPDR Dow Jones Industrial Average ETF12.9%0.57
XLV vs RSPInvesco S&P 500 Equal Weight ETF12.7%0.61
XLV vs USMViShares MSCI USA Min Vol Factor ETF12.6%0.71
XLV vs IBBiShares Biotechnology ETF12.4%0.78
XLV vs QUALiShares MSCI USA Quality Factor ETF9.5%0.52
XLV vs IVViShares Core S&P 500 ETF9.4%0.41
XLV vs SPYSPDR S&P 500 ETF Trust9.4%0.41
XLV vs VOOVanguard S&P 500 ETF9.1%0.41
XLV vs VTIVanguard Total Stock Market ETF8.2%0.43
XLV vs SPYGSPDR Portfolio S&P 500 Growth ETF6.4%0.25
XLV vs ACWIiShares MSCI ACWI ETF5.8%0.45
XLV vs VTVanguard Total World Stock ETF5.3%0.46
XLV vs VUGVanguard Growth ETF4.5%0.25
XLV vs QQQInvesco QQQ Trust3.9%0.24
XLV vs QQQMInvesco Nasdaq 100 ETF3.9%0.24
XLV vs MTUMiShares MSCI USA Momentum Factor ETF3.8%0.22
XLV vs EFAiShares MSCI EAFE ETF0.1%0.52
XLV vs IEFAiShares Core MSCI EAFE ETF0.1%0.52
XLV vs VEAVanguard FTSE Developed Markets ETF0.1%0.49
XLV vs EEMiShares MSCI Emerging Markets ETF0.0%0.26
XLV vs EWJiShares MSCI Japan ETF0%0.38
XLV vs FXIiShares China Large-Cap ETF0%0.17
XLV vs ICLNiShares Global Clean Energy ETF0%0.18
XLV vs IEMGiShares Core MSCI Emerging Markets ETF0.0%0.26
XLV vs IWMiShares Russell 2000 ETF0%0.47
XLV vs MDYSPDR S&P MidCap 400 ETF0%0.51
XLV vs SOXXiShares Semiconductor ETF0%0.17
XLV vs VNQVanguard Real Estate ETF0%0.55
XLV vs VWOVanguard FTSE Emerging Markets ETF0%0.31
XLV vs XLBMaterials Select Sector SPDR Fund0%0.58
XLV vs XLCCommunication Services Select Sector SPDR Fund0%0.33
XLV vs XLEEnergy Select Sector SPDR Fund0%0.18
XLV vs XLFFinancial Select Sector SPDR Fund0%0.46
XLV vs XLIIndustrial Select Sector SPDR Fund0%0.47
XLV vs XLKTechnology Select Sector SPDR Fund0%0.18
XLV vs XLPConsumer Staples Select Sector SPDR Fund0%0.48
XLV vs XLREReal Estate Select Sector SPDR Fund0%0.53
XLV vs XLUUtilities Select Sector SPDR Fund0%0.29
XLV vs XLYConsumer Discretionary Select Sector SPDR Fund0%0.30