Find Comparable ETFs for SPDR S&P Biotech ETF
SPDR S&P Biotech ETF
XBI - PCXFirst Trust NYSE Arca Biotechnology Index Fund
FBT - PCX
correlation
Measures how closely the two assets' prices move together over time. A high correlation suggests similar market reactions and investor sentiment.
Pearson Correlation: 85%
R-squared: 73%
This indicates a strong positive relationship between the price movements of these assets.
network
Evaluates the overlap in business networks, partnerships, and industry relationships, indicating similarity in market positioning and competitive landscape.
- Common comparables: 6
- FBT in XBI's comparables: Yes
- XBI in FBT's comparables: Yes
A high score suggests the assets are often compared to each other and share many industry peers, indicating similar competitive environments and market perceptions.
valuation
Compares valuation metrics to assess if the assets are valued similarly by the market, indicating comparable investor expectations and perceived growth potential.
- P/E Ratio: 17.55 vs 17.88
A high score indicates that the market values these assets similarly relative to their financials, suggesting comparable growth expectations and risk profiles.
volatility
Compares price volatility and risk profiles, indicating similarity in market behavior, risk, and potential for price swings.
- FBT Beta: 0.79 (Low)
- XBI Beta: 0.97 (Average)
- FBT 200-day Volatility: 14.96%
- XBI 200-day Volatility: 23.88%
A high score suggests both assets have similar sensitivity to market movements, implying comparable risk levels and potential for both gains and losses.
momentum
Compares recent price momentum, showing similarity in short-term market performance and investor sentiment.
- FBT Price vs 200-day MA: 104%
- XBI Price vs 200-day MA: 91%
Performance Comparison:
| Period | FBT | XBI |
|---|---|---|
| Year_1 | 9% | 19% |
| Year_3 | 0% | -8% |
| Year_5 | 4% | 2% |
A high score indicates both assets are experiencing similar price trends relative to their recent history, suggesting comparable market enthusiasm or concern.
geo
Evaluates the geographical similarity of the assets based on country, currency, and exchange.
- Currency: USD vs USD
- Exchange: PCX vs PCX
A high score indicates that both assets operate in similar geographical markets, facing comparable economic conditions, regulations, and market dynamics.
sector
Compares the sector, industry, and other classifications of both assets.
- ETF Category: Health & Biotech Equities vs Health & Biotech Equities
A high score indicates that the assets operate in similar business areas, facing comparable market conditions, regulatory environments, and industry trends.
Partial matches are considered for more nuanced comparisons, allowing for a higher score even when classifications are not identical but closely related.
dividend
Compares dividend policies, showing similarity in shareholder return strategies and income potential for investors.
- FBT Dividend Yield: 0%
- XBI Dividend Yield: 0%
A high score indicates similar approaches to returning capital to shareholders, suggesting comparable appeal to income-focused investors.
ALPS Medical Breakthroughs ETF
SBIO - PCXThe SPDR S&P Biotech ETF focuses on biotechnology companies, much like SBIO, and offers exposure to innovative medical breakthroughs and therapies.
correlation
Measures how closely the two assets' prices move together over time. A high correlation suggests similar market reactions and investor sentiment.
Pearson Correlation: 91%
R-squared: 82%
This indicates a strong positive relationship between the price movements of these assets.
network
Evaluates the overlap in business networks, partnerships, and industry relationships, indicating similarity in market positioning and competitive landscape.
- Common comparables: 5
- SBIO in XBI's comparables: No
- XBI in SBIO's comparables: Yes
A high score suggests the assets are often compared to each other and share many industry peers, indicating similar competitive environments and market perceptions.
volatility
Compares price volatility and risk profiles, indicating similarity in market behavior, risk, and potential for price swings.
- SBIO Beta: 0.92 (Average)
- XBI Beta: 0.97 (Average)
- SBIO 200-day Volatility: 27.48%
- XBI 200-day Volatility: 23.88%
A high score suggests both assets have similar sensitivity to market movements, implying comparable risk levels and potential for both gains and losses.
momentum
Compares recent price momentum, showing similarity in short-term market performance and investor sentiment.
- SBIO Price vs 200-day MA: 86%
- XBI Price vs 200-day MA: 91%
Performance Comparison:
| Period | SBIO | XBI |
|---|---|---|
| Year_1 | 14% | 19% |
| Year_3 | -7% | -8% |
| Year_5 | 0% | 2% |
A high score indicates both assets are experiencing similar price trends relative to their recent history, suggesting comparable market enthusiasm or concern.
geo
Evaluates the geographical similarity of the assets based on country, currency, and exchange.
- Currency: USD vs USD
- Exchange: PCX vs PCX
A high score indicates that both assets operate in similar geographical markets, facing comparable economic conditions, regulations, and market dynamics.
sector
Compares the sector, industry, and other classifications of both assets.
- ETF Category: Health & Biotech Equities vs Health & Biotech Equities
A high score indicates that the assets operate in similar business areas, facing comparable market conditions, regulatory environments, and industry trends.
Partial matches are considered for more nuanced comparisons, allowing for a higher score even when classifications are not identical but closely related.
dividend
Compares dividend policies, showing similarity in shareholder return strategies and income potential for investors.
- SBIO Dividend Yield: -1%
- XBI Dividend Yield: 0%
A high score indicates similar approaches to returning capital to shareholders, suggesting comparable appeal to income-focused investors.
Vanguard Health Care Index Fund ETF Shares
VHT - PCXThe SPDR S&P Biotech ETF focuses specifically on the biotechnology industry, providing a more niche comparison to VHT’s broader health care offerings.
correlation
Measures how closely the two assets' prices move together over time. A high correlation suggests similar market reactions and investor sentiment.
Pearson Correlation: 69%
R-squared: 47%
This indicates a moderate positive relationship between the price movements of these assets.
network
Evaluates the overlap in business networks, partnerships, and industry relationships, indicating similarity in market positioning and competitive landscape.
- Common comparables: 0
- VHT in XBI's comparables: No
- XBI in VHT's comparables: Yes
A high score suggests the assets are often compared to each other and share many industry peers, indicating similar competitive environments and market perceptions.
valuation
Compares valuation metrics to assess if the assets are valued similarly by the market, indicating comparable investor expectations and perceived growth potential.
- P/E Ratio: 22.00 vs 17.88
A high score indicates that the market values these assets similarly relative to their financials, suggesting comparable growth expectations and risk profiles.
volatility
Compares price volatility and risk profiles, indicating similarity in market behavior, risk, and potential for price swings.
- VHT Beta: 0.73 (Low)
- XBI Beta: 0.97 (Average)
- VHT 200-day Volatility: 10.58%
- XBI 200-day Volatility: 23.88%
A high score suggests both assets have similar sensitivity to market movements, implying comparable risk levels and potential for both gains and losses.
momentum
Compares recent price momentum, showing similarity in short-term market performance and investor sentiment.
- VHT Price vs 200-day MA: 100%
- XBI Price vs 200-day MA: 91%
Performance Comparison:
| Period | VHT | XBI |
|---|---|---|
| Year_1 | 15% | 19% |
| Year_3 | 4% | -8% |
| Year_5 | 11% | 2% |
A high score indicates both assets are experiencing similar price trends relative to their recent history, suggesting comparable market enthusiasm or concern.
geo
Evaluates the geographical similarity of the assets based on country, currency, and exchange.
- Currency: USD vs USD
- Exchange: PCX vs PCX
A high score indicates that both assets operate in similar geographical markets, facing comparable economic conditions, regulations, and market dynamics.
sector
Compares the sector, industry, and other classifications of both assets.
- ETF Category: Health & Biotech Equities vs Health & Biotech Equities
A high score indicates that the assets operate in similar business areas, facing comparable market conditions, regulatory environments, and industry trends.
Partial matches are considered for more nuanced comparisons, allowing for a higher score even when classifications are not identical but closely related.
dividend
Compares dividend policies, showing similarity in shareholder return strategies and income potential for investors.
- VHT Dividend Yield: 1%
- XBI Dividend Yield: 0%
A high score indicates similar approaches to returning capital to shareholders, suggesting comparable appeal to income-focused investors.
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