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XLVvsPJPETF Comparison

ETF 1
XLV

State Street Health Care Select Sector SPDR ETF

This fund is part of
US Health Care
-2%
Full XLV fund page
VS
ETF 2
PJP

Invesco Dynamic Pharmaceuticals ETF

This fund is part of
US Health Care
-2%
Full PJP fund page

State Street Health Care Select Sector SPDR ETF (XLV) and Invesco Dynamic Pharmaceuticals ETF (PJP) belong to the same industry segment: US Health Care. Both ETFs have the same top 3 sector exposures: and Health Care. XLV is less expensive with a Total Expense Ratio (TER) of 0.08%, versus 0.57% for PJP. XLV is down -2.96% year-to-date (YTD) with +$900M in YTD flows. PJP performs better with -1.62% YTD performance, and +$89M in YTD flows. Run a side-by-side ETF comparison of XLV and PJP below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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XLV vs PJP performance and flow charts

Performance

-6.0-4.0-2.00.02.0%Feb 12Feb 20Feb 27Mar 6

Cumulative Flows

-800 M-600 M-400 M-200 M0 M200 M400 MFeb 12Feb 20Feb 27Mar 6

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Historic performance and flows
Data as of 03/12/2026
1M3MYTD1Y3Y5Y
Perf.
XLV
PJP
-3.74%-5.63%
-2.07%-2.63%
-2.96%-1.62%
+5.69%+23.10%
+25.97%+43.13%
+41.91%+35.60%
Flows
XLV
PJP
-$710M+$1M
-$28M+$93M
+$900M+$89M
-$38M+$91M
-$4.95B+$6M
+$6.87B-$40M
Volatility and drawdown
3M1Y3Y5Y
Volatility
XLV
PJP
+14.03%+15.59%
+17.46%+18.78%
+13.62%+15.36%
+14.49%+15.91%
Max drawdown
XLV
PJP
-6.25%-6.91%
-12.43%-13.71%
-17.05%-16.11%
-17.05%-17.41%
Max drawdown duration
XLV
PJP
11d32d
211d130d
444d275d
444d788d
Trading data

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XLV
PJP
Last sale
3/13/2026 at 1:30 PM
$149.79
$101.99
Previous close
03/12/2026
$150.16
$102.74
Consolidated volume
03/12/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of February 27, 2026
1-year trailing difference

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XLV
PJP
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 3/13/2026 at 1:30 PM
Live
Closed
XLV
PJP
Last price
$149.79
$101.99
1D performance
-0.25%
-0.73%
AuM$39.37 B$395.91 M
E/R0.08%0.57%
Characteristics
XLV
PJP
Management strategyPassivePassive
ProviderSPDRInvesco
BenchmarkS&P Health Care Select Sector IndexDynamic Pharmaceutical Intellidex Index
N° of holdings5729
Asset classEquitiesEquities
Trailing 12m distribution yield
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Inception dateDecember 16, 1998June 23, 2005
ESGNoNo
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Exposure

Countries

XLV
USA
96.98%
Other
3.02%
PJP
USA
94.29%
Other
5.71%

Sectors

XLV
Health Care
98.26%
Other
1.74%
PJP
Health Care
100%
Other
0%
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Diversification

XLV

Total weight of top 15 holdings out of 15

70.12%
PJP

Total weight of top 15 holdings out of 15

63.87%

Top 15 holdings

Data as of January 31, 2026
XLV
LILLY
14.69%
JOHNSON&JOHNSON
9.77%
ABBVIE
7.03%
MERCK & CO INC
4.88%
UNITEDHEALTH GRP
4.64%
THERMO FISHER SCIENTIFIC
3.88%
ABBOTT LABS
3.39%
AMGEN-T
3.28%
INTUITIVE SURGICAL
3.19%
GILEAD SCIENCES
3.14%
PFIZER
2.68%
BOSTON SCIENTIFIC
2.47%
DANAHER
2.45%
MEDTRONIC PLC
2.36%
STRYKER
2.27%
PJP
GILEAD SCIENCES
5.53%
JOHNSON&JOHNSON
5.40%
MERCK & CO INC
5.37%
AMGEN-T
5.26%
PFIZER
5.15%
LILLY
5.00%
ABBVIE
4.83%
ABBOTT LABS
4.30%
LIQUIDIA CORPORATION
3.93%
VIATRIS INC
3.47%
BRISTOL-MYERS SQUIBB
3.18%
PRESTIGE CONSUMER HEALTHCARE
3.18%
PERRIGO CO PLC
3.15%
AMNEAL PHARMACEUTICALS INC
3.11%
SUPERNUS PHARMACEUTICALS
3.03%
Frequently asked questions about XLV and PJP

How have the XLV and PJP ETFs performed in 2026?

As of March 12, 2026, XLV is down -2.96% year-to-date (YTD), while PJP has lost -1.62%. That puts PJP better performer ahead so far this year.

Which ETF is attracting more investor money: XLV or PJP?

Year-to-date, the XLV ETF saw +$900M in flows, compared to +$89M for PJP.

Which ETF is more volatile: XLV or PJP?

Over the past year, XLV had a volatility of 17.46%, while PJP experienced 18.78%.

Which ETF is bigger: XLV or PJP?

As of March 12, 2026, XLV holds $39.37 B in assets under management (AUM), while PJP manages $395.91 M.

What sectors do the XLV and PJP ETFs invest in?

XLV leans toward sectors like Health Care. Meanwhile, PJP focuses on Health Care.

What are the top holdings of the XLV ETF and PJP ETF?

XLV top holdings include LILLY, JOHNSON&JOHNSON and ABBVIE. PJP holds in its top three: GILEAD SCIENCES, JOHNSON&JOHNSON and MERCK & CO INC.

Which ETF is more diversified: XLV or PJP?

XLV holds 60 securities with 70.12% of its assets in the top 15. PJP has 29 securities and a top 15 weight of 63.87%.

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