EDV vs XLV

Quick Verdict

EDV has a lower expense ratio. XLV delivered stronger 1-year returns. EDV offers more diversification with 76 holdings.

Lower Fees: EDVHigher Returns: XLVMore Diversified: EDV

Side-by-Side Comparison

MetricEDVXLVWinner
Expense Ratio0.05%0.08%
AUM$3.5B$42.1B
Dividend Yield4.83%1.60%
Holdings8362
YTD Return-5.62%+8.96%
1Y Return-4.94%+31.20%
3Y Return (annualized)-4.55%+9.11%
5Y Return (annualized)-12.40%+6.69%
Volatility (annualized)21.8%14.2%
Max Drawdown-62.0%-40.6%
Fund FamilyVanguard (US)SPDR State Street Global Advisors
CategoryFixed IncomeEquity
InceptionDec 6, 2007Dec 16, 1998

EDV vs XLV Performance

Vanguard Extended Duration Treasury ETF (EDV) is a ETF from Vanguard (US) and State Street Health Care Select Sector SPDR ETF (XLV) is a ETF from SPDR State Street Global Advisors. Over the past year EDV returned -4.94% while XLV returned +31.20%. Year to date, EDV is down 5.62% versus a gain of 8.96% for XLV.

Over three years, EDV compounded at -4.55% per year against +9.11% for XLV; over five years the annualized figures are -12.40% and +6.69% respectively. Across the full 19-year window we track, XLV has the edge at +7.48% annualized vs -1.48%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

EDV has been the more volatile fund, with annualized monthly volatility of 21.8% compared with 14.2% for XLV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -62.0% for EDV and -40.6% for XLV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at -0.01. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

EDV charges 0.05% per year while XLV charges 0.08%. On a $10,000 position that is $5 vs $8 annually, a gap of $3 per year that compounds over a long holding period. On income, EDV currently yields 4.83% against 1.60% for XLV.

Holdings Overlap

0.0%overlap

EDV and XLV share 0 holdings out of 136 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, EDV or XLV?

EDV has an expense ratio of 0.05% while XLV charges 0.08%. EDV is the cheaper option. On a $10,000 investment, that is $3 per year of difference.

Which performed better, EDV or XLV?

Over the past year EDV returned -4.94% vs +31.20% for XLV, so XLV leads on 1-year performance. Over the longest common window we track (19 years), EDV annualized -1.48% vs +7.48% for XLV. Past performance does not guarantee future results.

Which is riskier, EDV or XLV?

EDV has been the more volatile fund at 21.8% annualized versus 14.2% for XLV. Worst drawdown: EDV -62.0% vs XLV -40.6%.

Should I hold both EDV and XLV?

EDV and XLV have a monthly-return correlation of -0.01, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between EDV and XLV?

EDV and XLV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 136 unique securities.

Which pays a higher dividend, EDV or XLV?

EDV yields 4.83% while XLV yields 1.60%, so EDV currently pays the higher dividend yield.

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