XHS vs TCV

Comparison between STATE STREET(R) SPDR(R) S&P(R) HEALTH CARE SERVICES ETF (XHS, ETF) and TOWLE VALUE ETF (TCV, ETF).

XHS vs TCV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	XHS(ETF)	TCV(ETF)
Net Assets	$204M	$204M
Expense Ratio	0.35%	0.85%
Max Drawdown	39.36%	12.23%
Sharpe Ratio	1.64	1.31
5Y Beta	0.58	0.97
P/E Ratio	168.19	36.05
Forward P/E	19.65	11.41
PEG Ratio	0.06	N/A
5Y Dividends CAGR	4.54%	N/A
5Y EPS CAGR	15.63%	N/A
Debt to Equity	-201.28%	75.34%
P/S Ratio	0.68	0.31
P/B Ratio	2.99	1.62

Net Assets

Winner

XHS

$204M

TCV

$204M

Expense Ratio

Winner

XHS

0.35%

TCV

0.85%

Max Drawdown

XHS

39.36%

Winner

TCV

12.23%

Sharpe Ratio

Winner

XHS

1.64

TCV

1.31

5Y Beta

Winner

XHS

0.58

TCV

0.97

P/E Ratio

XHS

168.19

Winner

TCV

36.05

Forward P/E

XHS

19.65

Winner

TCV

11.41

PEG Ratio

XHS

0.06

TCV

N/A

5Y Dividends CAGR

XHS

4.54%

TCV

N/A

5Y EPS CAGR

XHS

15.63%

TCV

N/A

Debt to Equity

Winner

XHS

-201.28%

TCV

75.34%

P/S Ratio

XHS

0.68

Winner

TCV

0.31

P/B Ratio

XHS

2.99

Winner

TCV

1.62

XHS vs TCV - Holdings Comparison

XHS and TCV have 5 common holdings. Overlap is 6.15%

XHS's top 25 holdings weight is 51.99%. TCV's top 25 holdings weight is 64.76%.

Rank	XHS	TCV
#1	TENET HEALTHCARE CORP (THC) - 2.69%	FIVE9 INC (FIVN) - 3.44%
#2	LIFESTANCE HEALTH GROUP INC ORDINARY SHARES (LFST) - 2.62%	COMPASS INC CLASS A (COMP) - 3.29%
#3	GENEDX HOLDINGS CORP ORDINARY SHARES CLASS A (WGS) - 2.47%	TD SYNNEX CORP (SNX) - 3.15%
#4	NEOGENOMICS INC (NEO) - 2.39%	METHODE ELECTRONICS INC (MEI) - 3.11%
#5	HINGE HEALTH INC ORDINARY SHARES CLASS A (HNGE) - 2.25%	ARROW ELECTRONICS INC (ARW) - 2.95%
#6	RADNET INC (RDNT) - 2.16%	UNITED NATURAL FOODS INC (UNFI) - 2.94%
#7	CONCENTRA GROUP HOLDINGS PARENT INC (CON) - 2.13%	GOLD.COM INC (GOLD) - 2.92%
#8	ADDUS HOMECARE CORP (ADUS) - 2.11%	MAGNA INTERNATIONAL INC (n/a) - 2.80%
#9	GUARDANT HEALTH INC (GH) - 2.09%	HARLEY-DAVIDSON INC (HOG) - 2.73%
#10	PACS GROUP INC (PACS) - 2.07%	ARTISAN PARTNERS ASSET MANAGEMENT INC CLASS A (APAM) - 2.61%
#11	LABCORP HOLDINGS INC (LH) - 2.02%	INSPERITY INC (NSP) - 2.60%
#12	US PHYSICAL THERAPY INC (USPH) - 2.02%	PROGYNY INC (PGNY) - 2.60%
#13	NATIONAL HEALTHCARE CORP (NHC) - 2.01%	MOLINA HEALTHCARE INC (MOH) - 2.59%
#14	CHEMED CORP (CHE) - 2.00%	INGRAM MICRO HOLDING CORP (INGM) - 2.46%
#15	AVEANNA HEALTHCARE HOLDINGS INC (AVAH) - 1.98%	BORGWARNER INC (BWA) - 2.45%
#16	UNIVERSAL HEALTH SERVICES INC CLASS B (UHS) - 1.94%	FOX FACTORY HOLDING CORP (FOXF) - 2.35%
#17	AMN HEALTHCARE SERVICES INC (AMN) - 1.93%	OSCAR HEALTH INC CLASS A (OSCR) - 2.34%
#18	QUEST DIAGNOSTICS INC (DGX) - 1.93%	LEAR CORP (LEA) - 2.31%
#19	ENSIGN GROUP INC (ENSG) - 1.93%	DELUXE CORP (DLX) - 2.31%
#20	ENCOMPASS HEALTH CORP (EHC) - 1.90%	ASTRANA HEALTH INC (ASTH) - 2.27%
#21	HEALTHEQUITY INC (HQY) - 1.89%	ARCBEST CORP (ARCB) - 2.20%
#22	NUTEX HEALTH INC (NUTX) - 1.88%	SCHOLASTIC CORP (SCHL) - 2.15%
#23	HIMS & HERS HEALTH INC ORDINARY SHARES CLASS A (HIMS) - 1.87%	NOV INC (NOV) - 2.12%
#24	CORVEL CORP (CRVL) - 1.87%	FLUOR CORP (FLR) - 2.10%
#25	ACADIA HEALTHCARE CO INC (ACHC) - 1.84%	INGLES MARKETS INC CLASS A (IMKTA) - 1.97%
Total Holdings	60	53

XHS vs TCV - Historical Returns

Returns include dividend reinvestment.

Period	XHS	TCV
1 month	+1.48%	+0.44%
3 months	+17.71%	+3.45%
6 months	+23.60%	+12.77%
1 year	+35.70%	+29.84%
5 years(CAGR)	+4.11%	N/A
10 years(CAGR)	+9.98%	N/A
Max(CAGR)	+12.89%	+28.37%

Winner

XHS

+1.48%

TCV

+0.44%

Winner

XHS

+17.71%

TCV

+3.45%

Winner

XHS

+23.60%

TCV

+12.77%

Winner

XHS

+35.70%

TCV

+29.84%

5Y(CAGR)

XHS

+4.11%

TCV

N/A

10Y(CAGR)

XHS

+9.98%

TCV

N/A

Max(CAGR)

XHS

+12.89%

Winner

TCV

+28.37%

XHS vs TCV - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

Year	XHS	TCV
2026	+25.58%	+25.65%
2025	+18.32%	+3.94%
2024	+0.55%	N/A
2023	+6.10%	N/A
2022	-20.48%	N/A
2021	+9.75%	N/A
2020	+34.25%	N/A
2019	+19.16%	N/A
2018	+0.70%	N/A
2017	+16.30%	N/A
2016	-7.08%	N/A
2015	+3.75%	N/A
2014	+25.76%	N/A
2013	+35.32%	N/A
2012	+22.06%	N/A
2011	+14.26%	N/A

XHS vs TCV Drawdown Comparison

The maximum drawdown for XHS was -39.32%, occurring on Mar 23, 2020. Recovery took 137 trading sessions.

The maximum drawdown for TCV was -12.23%, occurring on Aug 11, 2025. Recovery took 65 trading sessions.

The current XHS drawdown is -2.22%. The current TCV drawdown is -3.78%.

Rank	XHS	TCV
#1	-39.32% Feb 19, 2020 - Sep 2, 2020	-12.23% Jul 23, 2025 - Oct 23, 2025
#2	-32.62% Jun 28, 2021 - May 27, 2026	-12.13% Feb 9, 2026 - Apr 24, 2026
#3	-27.38% Aug 5, 2015 - Jan 22, 2018	-7.64% Oct 24, 2025 - Dec 1, 2025
#4	-22.07% Sep 28, 2018 - Jan 15, 2020	-5.35% Dec 11, 2025 - Jan 8, 2026
#5	-12.83% Apr 3, 2012 - Jul 18, 2012	-4.18% Apr 30, 2026 - May 26, 2026
#6	-10.97% Feb 9, 2021 - Apr 23, 2021	-3.78% Aug 14, 2026 - Sep 1, 2026
#7	-10.30% Jan 29, 2018 - May 18, 2018	-3.58% Jun 12, 2026 - Jul 13, 2026
#8	-10.25% Sep 2, 2020 - Oct 5, 2020	-3.30% Jul 21, 2026 - Aug 4, 2026
#9	-9.26% Oct 28, 2011 - Jan 11, 2012	-3.21% Jan 15, 2026 - Feb 3, 2026
#10	-7.34% Sep 30, 2011 - Oct 11, 2011	-2.67% Aug 4, 2026 - Aug 13, 2026
#11	-6.25% Jan 22, 2020 - Feb 11, 2020	-2.47% Jun 2, 2026 - Jun 12, 2026
#12	-6.22% Jul 18, 2012 - Aug 27, 2012	-2.02% Dec 3, 2025 - Dec 11, 2025
#13	-6.02% Sep 11, 2014 - Oct 28, 2014	-0.94% Feb 4, 2026 - Feb 6, 2026
#14	-6.00% Apr 24, 2015 - May 22, 2015	-0.73% May 28, 2026 - Jun 1, 2026
#15	-5.71% Oct 23, 2020 - Nov 3, 2020	-0.71% Jul 17, 2025 - Jul 22, 2025

Correlation

Correlation between XHS and TCV is 0.91 which considered as a very strong positive correlation - the stocks move almost identically together.

0.91

-101

Dividend Comparison (2011 - 2026)

XHS vs TCV dividend yield comparison.

Year	XHS	TCV
2026	0.06%	0.32%
2025	0.27%	0.31%
2024	0.38%	0.00%
2023	0.23%	0.00%
2022	0.19%	0.00%
2021	0.20%	0.00%
2020	0.23%	0.00%
2019	2.37%	0.00%
2018	0.34%	0.00%
2017	0.22%	0.00%
2016	0.28%	0.00%
2015	0.93%	0.00%
2014	1.17%	0.00%
2013	0.46%	0.00%
2012	4.12%	0.00%
2011	0.02%	0.00%