XLV vs XLP ETF Comparison

Compare XLV and XLP across fund costs, diversification, holdings, performance, income, risk and current AlgovestIQ evidence.

Market data as of Sep 5, 2026 market close· Fund characteristics as of Sep 5, 2026
XLV
SPDR
vs
XLP
SPDR
XLV
State Street Health Care Select Sector SPDR ETF
Issuer
SPDR
Fund type
Equity
Index
-
Inception
1998-12-16
XLP
State Street Consumer Staples Select Sector SPDR ETF
Issuer
SPDR
Fund type
Equity
Index
-
Inception
1998-12-16

What is the main difference between XLV and XLP?

XLV is State Street Health Care Select Sector SPDR ETF, while XLP is State Street Consumer Staples Select Sector SPDR ETF. XLV is tied to Equity; XLP is tied to Equity. XLV is broader by holdings count, with 61 positions versus 35 for XLP. XLP is more concentrated at the top, based on top-10 holdings weight.

Expense ratio
XLV
0.08%
XLP
0.08%
Lower annual fund cost
Holdings
XLV
61
XLP
35
Broader reported basketXLV
1Y return
XLV
+26%
XLP
+5.7%
Trailing performanceXLV
Annualized volatility
XLV
16%
XLP
14.5%
Lower realized volatilityXLP
MetricXLVXLPType
Expense ratio0.08%0.08%Fund
Assets under management$45.1B$14.6BFund
Holdings6135Fund
Top-10 concentration102.4%111.8%Fund
Average volume9,885,64515,065,121Fund
Underlying exposureEquityEquityFund
1Y return+26%+5.7%Performance
YTD return+11.9%+9.8%Performance
Annualized volatility16%14.5%Risk
Max drawdown-10.8%-9.9%Risk
Beta0.27-0.09Risk
Sharpe ratio1.310.19Risk
Sortino ratio2.670.32Risk
AIQ Score63/10060/100AlgovestIQ
AIQ Edge Score9/108/10AlgovestIQ
Momentum71/10058/100AlgovestIQ
Risk Resilience61/10064/100AlgovestIQ

AlgovestIQ AIQ Comparison

State Street Health Care Select Sector SPDR ETF vs State Street Consumer Staples Select Sector SPDR ETF

Data as of Sep 5, 2026· market close· Sector ETFs· Coverage 66/66 fields· High confidence
AIQ VerdictFragileAIQ Comparison Conviction 2/10

XLV leads

XLV leads by 3 AIQ points, primarily on Momentum.

Fragile: 1 of 4 evidence groups support XLV, and its current signal state is conflicted.

Evidence agreement: 1 of 4Comparison trend: Stable
XLV

State Street Health Care Select Sector SPDR ETF

Leads
AIQ Score
63/100
AIQ Edge Score
9/10
XLP

State Street Consumer Staples Select Sector SPDR ETF

AIQ Score
60/100
AIQ Edge Score
8/10

The Algovestiq AIQ Score currently favors XLV over XLP, 63 versus 60 as of Sep 5, 2026. XLV's advantage is driven primarily by stronger momentum. XLV also shows the stronger technical structure relative to its 50-day moving average. 1 of 4 covered evidence groups favor XLV today, and the comparison is rated Fragile on stability: the AIQ gap is narrow at 3 points. XLV lead: Stable — the AIQ differential has held near 3 points over 30 sessions.

Compare State Street Health Care Select Sector SPDR ETF and State Street Consumer Staples Select Sector SPDR ETF across performance, expense ratio, dividend yield, drawdown, volatility and the Algovestiq AIQ Score.

Compare XLV and XLP against another ticker

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AIQ Factor Divergence

Where the two separate, on the four dimensions behind the AIQ Score. Bars read outward from a shared zero: further from the centre is a wider gap.

XLV advantage
0
XLP advantage
  • Momentum25%71 vs 58
    XLV +13
  • Quality30%71 vs 68
    Even
  • Risk Resilience15%61 vs 64
    Even
  • Value30%49 vs 50
    Even

1 of 4 evidence groups favor XLV. XLV’s edge is concentrated in momentum.

What changed since the last close

Latest scored session 2026-09-04, compared against the prior scored session 2026-09-03.

XLV0 AIQ

No factor moved materially.

No new signals fired.

XLP0 AIQ

No factor moved materially.

No new signals fired.

XLV's lead was unchanged in the latest snapshot.

Deeper signal detail for each name lives on its own signals page — XLV and XLP both carry a full feed there.

Which one fits your objective

The same two names rank differently depending on what you are optimizing for. All six reads are shown at once — none of them is hidden behind a toggle.

Balanced

XLV

XLV on the overall AIQ Score, which weights Quality and Value at 30% each.

Growth

Even

Growth figures are not covered for both names.

Value

Even

The two are level on Value.

Momentum

XLV

XLV on the Momentum factor, by 13 points.

Lower downside

XLP

XLP carries the lower 1-month annualized volatility.

Analyst upside

Even

Analyst targets are level or not covered for both names.

Fund facts, side by side

Two funds tracking overlapping universes are separated by cost and risk far more than by holdings. Those lead here.

MeasureXLVXLPWhy it matters
Expense ratio0.08%0.08%Lower is better — it compounds against you every year you hold.
Assets under management$45.1B$14.6BLarger funds generally carry tighter spreads.
Holdings6035More holdings means broader diversification, not better returns.
Average volume9,885,64515,065,121Liquidity — matters most if you trade size.
Annualized volatility16%14.5%Lower is a steadier ride for the same exposure.
Max drawdown-10.8%-9.9%The worst peak-to-trough loss on record for the fund.
Sharpe ratio1.310.19Return per unit of risk. Higher is better.
Beta0.27-0.09Sensitivity to the broad market. Neither direction is better — it depends on the role in your portfolio.

Where the exposure actually sits

XLV and XLP share 0% of their weighted exposure across 0 common holdings.

Healthcare99.2% vs
Technology0.7% vs
Cash & Others0.1% vs
Consumer Defensive vs 98.0%
Consumer Cyclical vs 2.0%
XLVXLP

XLP is the more concentrated of the two: its ten largest positions are 111.81% of the fund, against 102.39% for XLV (35 holdings vs 61). Concentration cuts both ways — it is what drives outperformance when the top names work, and what makes the drawdown deeper when they do not.

61 holdings are unique to XLV and 35 to XLP. Owning both is genuinely additive — most of the capital sits in different securities.

ETF comparison questions

Short answers to the fund-specific questions behind this comparison.

Which ETF is more diversified, XLV or XLP?

XLV currently has more reported holdings, with 61 positions versus 35.

Which has the lower expense ratio?

The current fund profile does not show a lower-cost winner.

Which ETF has the higher distribution yield?

The current dataset does not show a higher-yield winner.

Which ETF has been more volatile?

XLV has the higher annualized volatility in the current risk snapshot.

Which ETF has had the smaller drawdown?

XLP has the less severe max drawdown in the current risk snapshot.

Which ETF has the stronger current AlgovestIQ evidence?

XLV currently leads on supporting AlgovestIQ evidence, 63 to 60.

AIQ Agreement Matrix

1 of 4 covered evidence groups favor XLV. A wide gap backed by one group is a weaker case than a narrow gap backed by five.

Evidence groupFavorsReading
AIQ ScoreEven63 vs 60
FundamentalsNot coveredNot covered
ValuationEvenValue 49 vs 50
TechnicalsXLVPrice vs 50-day 3.7% vs -0.5%; vs 200-day 11.6% vs 2.4%
Risk ResilienceEvenRisk Resilience 61 vs 64
Analyst expectationsNot coveredNot covered

✓ agrees with the overall verdict · ✕ points the other way. Groups marked “not covered” lack data on one or both of XLV and XLP and are excluded from the count.

AIQ Decision Stability

Fragile

The conclusion is sensitive to small changes. Treat the lead as provisional and watch the flip conditions below.

  • The AIQ gap is narrow at 3 points. (argues the conclusion is provisional)
  • Only 1 of 4 covered evidence groups agree. (argues the conclusion is provisional)
  • The lead has been steady session to session. (supports the conclusion holding)
  • The leader is throwing conflicting signals. (argues the conclusion is provisional)

Stability combines the score gap, how broadly the evidence agrees, how steady the lead has been across daily snapshots, the current signal state on both names, and analyst dispersion on XLV.

How the comparison changed

120 daily snapshots · Apr 23 Sep 4

XLV lead: Stable — the AIQ differential has held near 3 points over 30 sessions.

Apr 23XLV leads above the line · XLP leads belowSep 4
Today
XLV +3
63 vs 60
7 sessions ago
XLV +1
62 vs 61
30 sessions ago
XLV +3
65 vs 62
90 sessions ago
XLV +10
57 vs 47

The lead changed hands 8 times in this window, most recently on Aug 3 when XLV moved ahead of XLP.

AIQ Signal Divergence

Only the signals that bear on the head-to-head. A conflicted name is carrying bullish and bearish rules at the same time — the technical evidence is not pointing one way.

XLVConflicted

4 bullish / 1 bearish, conflicted

  • Golden Cross Active bullish, trend, long horizon (6.53%)
  • EMA Ribbon Expansion Bullish bullish, trend, medium horizon
  • 52-Week High Proximity bullish, risk, long horizon (1.4%)
XLPConflicted

3 bullish / 1 bearish / 2 neutral, conflicted

  • Golden Cross Active bullish, trend, long horizon (2.08%)
  • Bollinger Band Squeeze neutral, volatility, short horizon
  • EMA Ribbon Expansion Bullish bullish, trend, medium horizon

XLV leads the comparison while carrying a conflicted signal state, which is one reason the stability rating is not higher.

Price vs model alignment

Whether the latest session's price move confirms what the model did over the same session, or contradicts it.

XLVNo material change

Neither the price nor the AIQ Score moved enough in the latest session to confirm or contradict the other (price -1.04%, AIQ 0 points).

XLPNo material change

Neither the price nor the AIQ Score moved enough in the latest session to confirm or contradict the other (price -0.8%, AIQ 0 points).

What would flip this result

A state, not a forecast. These are the specific, observable changes that would reverse the verdict — not a price prediction.

  1. 1XLP closes the Momentum gap — currently 13 points behind, the largest single contributor to XLV's edge.
  2. 2XLP's Bollinger Band Squeeze turns directional — it is neutral today and would confirm a change in trend.
  3. 3XLV's conflicting signal state resolves bearish — it currently carries 4 bullish and 1 bearish rules at once.
  4. 4A regime shift changes factor weighting — the composite weights Quality and Value at 30% each, so a rotation toward either would move the result most.

The full evidence

Every number behind the verdict. The leader is called above each group so you are not left to solve it from the table.

Performance

XLV leads 6 of 6 windows
MetricXLVXLP
1 week (5 sessions)1%0.2%
1 month (20 sessions)5.4%0.2%
3 months (63 sessions)13.9%3.9%
6 months (126 sessions)12.6%-0.2%
Year to date11.9%9.8%
1 year (252 sessions)26%5.7%

Technicals

XLV has the stronger structure
MetricXLVXLP
RSI (14)6346.1
ADX (14)27.714.1
Price vs 50-day3.7%-0.5%
Price vs 200-day11.6%2.4%
Volatility (1M, annualized)18.6%14.6%

Risk

Split
MetricXLVXLP
Beta0.27-0.09
Sharpe ratio1.310.19
Sortino ratio2.670.32
Max drawdown-10.8%-9.9%
Current drawdown-1.4%-5.3%
Annualized volatility16%14.5%
Value at risk (95%)-1.4%-1.4%

Straight answers

Each answer is regenerated from the current snapshot, not written once and left to age.

Which is better, XLV or XLP?

On the Algovestiq AIQ Score, XLV is the stronger of the two as of Sep 5, 2026, scoring 63 against XLP's 60. The edge comes from momentum. This is a systematic score, not a recommendation: it ranks the two on the same evidence, it does not know your holding period or tax position.

Is XLV or XLP the better buy right now?

XLV carries the stronger systematic profile as of Sep 5, 2026, and the comparison is rated Fragile — 1 of 4 covered evidence groups agree. A Fragile rating means the conclusion is sensitive: the AIQ gap is narrow at 3 points. Treat the lead as provisional.

Why does the AIQ Score favor XLV over XLP?

The composite weights Quality at 30%, Value at 30%, Momentum at 25% and Risk Resilience at 15%. XLV leads Momentum by 13 points. Where the two split, the factor with the larger weight carries the result.

Which is better value, XLV or XLP?

Neither name separates on the peer-relative Value factor. The two are level on Value. The Value factor reads valuation relative to sector peers and to the company's own fundamental quality, so it is not the same as simply having the lower multiple.

Which has stronger growth, XLV or XLP?

Growth figures are not covered for both names. Growth here is measured on reported revenue and earnings, not on forward estimates — it describes what the businesses have delivered, not what the Street expects next.

Which has stronger momentum, XLV or XLP?

XLV on the Momentum factor, by 13 points. Momentum carries 25% of the AIQ composite. It has documented persistence over three- to twelve-month horizons, which makes it a timing input rather than a reason to hold something indefinitely.

Which is riskier, XLV or XLP?

XLP is the more resilient of the two, so the other name carries the higher downside risk. XLP carries the lower 1-month annualized volatility. The Risk Resilience factor weights 15% of the composite; position sizing usually responds to it more usefully than the buy/avoid decision does.

Is XLV more profitable than XLP?

Margin data is not comparable for both names in the current snapshot.

Is XLV's lead over XLP getting stronger or weaker?

XLV lead: Stable — the AIQ differential has held near 3 points over 30 sessions. This is measured from 120 daily comparison snapshots between 2026-04-23 and 2026-09-04. The lead has changed hands 8 times in that window, most recently on 2026-08-03, when XLV moved ahead of XLP.

What would change the XLV vs XLP verdict?

The result is a state, not a forecast, so it changes when the underlying evidence changes. Concretely: XLP closes the Momentum gap — currently 13 points behind, the largest single contributor to XLV's edge; XLP's Bollinger Band Squeeze turns directional — it is neutral today and would confirm a change in trend; XLV's conflicting signal state resolves bearish — it currently carries 4 bullish and 1 bearish rules at once; a regime shift changes factor weighting — the composite weights Quality and Value at 30% each, so a rotation toward either would move the result most.

What do the current signals say about XLV and XLP?

XLV: 4 bullish / 1 bearish, conflicted. XLP: 3 bullish / 1 bearish / 2 neutral, conflicted. A conflicted state means bullish and bearish rules are active on the same name at once — the technical evidence is not pointing one way, and a decision taken on it carries more timing risk. The most decision-relevant rule on XLV is Golden Cross Active (bullish, long horizon). On XLP it is Golden Cross Active (bullish, long horizon).

Compare XLV and XLP with others

How this comparison is scored

The Algovestiq AIQ Score composites four factors — Quality (30%), Value (30%), Momentum (25%) and Risk (15%). Sentiment is reported separately as SentimentPulse and is not folded into the composite. Scores refresh every trading day, and this page regenerates from the latest snapshot rather than being written once.

The verdict names a leader, states how broadly six independent evidence groups agree, and rates how durable that conclusion is given the score gap, its recent trajectory and the current signal state on both names.

How to use side-by-side comparison →

This comparison is informational and educational, not investment advice. AIQ scores update daily; re-check after earnings, guidance or macro data that materially changes either name’s factor profile.