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Fidelity MSCI Health Care Index ETF (FHLC)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US3160926008

CUSIP

316092600

Issuer

Fidelity

Inception Date

Oct 21, 2013

Region

North America (U.S.)

Leveraged

1x

Index Tracked

MSCI USA IMI Health Care Index

Asset Class

Equity

Asset Class Size

Large-Cap

Asset Class Style

Growth

Expense Ratio

FHLC has an expense ratio of 0.08%, which is considered low.


Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart


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Returns By Period

Fidelity MSCI Health Care Index ETF (FHLC) returned -5.02% year-to-date (YTD) and -8.92% over the past 12 months. Over the past 10 years, FHLC returned 7.03% annually, underperforming the S&P 500 benchmark at 10.79%.


FHLC

YTD

-5.02%

1M

-3.89%

6M

-9.39%

1Y

-8.92%

5Y*

5.95%

10Y*

7.03%

^GSPC (Benchmark)

YTD

0.60%

1M

9.64%

6M

-0.54%

1Y

11.47%

5Y*

15.67%

10Y*

10.79%

*Annualized

Monthly Returns

The table below presents the monthly returns of FHLC, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20256.86%0.30%-2.10%-3.50%-6.20%-5.02%
20242.33%3.32%2.36%-5.32%2.27%1.90%3.13%4.83%-1.51%-4.37%0.83%-6.54%2.48%
2023-0.73%-4.53%1.78%3.06%-4.01%4.18%1.01%-1.08%-3.61%-3.86%5.70%5.45%2.58%
2022-7.92%-0.98%5.24%-6.11%0.94%-2.51%3.97%-5.31%-3.13%8.73%4.61%-2.13%-5.88%
20212.32%-1.84%2.01%4.05%0.86%3.31%3.69%2.31%-5.36%4.37%-3.87%7.25%19.99%
2020-2.61%-6.09%-4.91%13.31%4.25%-1.63%5.14%2.41%-1.52%-2.59%8.72%4.08%18.13%
20195.98%1.67%0.31%-2.69%-2.66%7.17%-1.24%-1.15%-0.92%4.84%6.09%3.30%21.94%
20186.80%-4.21%-2.35%0.88%1.49%1.65%5.91%5.01%2.18%-7.69%6.58%-9.21%5.53%
20172.68%6.57%-0.44%1.74%0.72%5.03%0.31%1.98%1.23%-0.84%3.11%-0.65%23.34%
2016-9.33%-0.73%2.90%3.03%2.56%0.39%5.44%-3.03%0.00%-7.05%2.69%0.38%-3.76%
20151.55%4.76%1.38%-1.90%5.18%0.02%2.96%-8.04%-6.72%6.98%0.44%1.36%7.06%
20141.50%6.07%-2.07%-1.39%3.04%2.79%-0.17%5.19%-0.17%5.65%3.33%-0.76%25.07%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of FHLC is 4, meaning it’s performing worse than 96% of other ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of FHLC is 44
Overall Rank
The Sharpe Ratio Rank of FHLC is 44
Sharpe Ratio Rank
The Sortino Ratio Rank of FHLC is 55
Sortino Ratio Rank
The Omega Ratio Rank of FHLC is 55
Omega Ratio Rank
The Calmar Ratio Rank of FHLC is 33
Calmar Ratio Rank
The Martin Ratio Rank of FHLC is 44
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Fidelity MSCI Health Care Index ETF (FHLC) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Fidelity MSCI Health Care Index ETF Sharpe ratios as of May 16, 2025 (values are recalculated daily):

  • 1-Year: -0.57
  • 5-Year: 0.39
  • 10-Year: 0.41
  • All Time: 0.57

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Fidelity MSCI Health Care Index ETF compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


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Dividends

Dividend History

Fidelity MSCI Health Care Index ETF provided a 1.62% dividend yield over the last twelve months, with an annual payout of $1.00 per share. The fund has been increasing its distributions for 3 consecutive years.


1.00%1.20%1.40%1.60%1.80%2.00%2.20%$0.00$0.20$0.40$0.60$0.80$1.0020142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
Dividend$1.00$0.99$0.90$0.83$0.80$0.84$0.59$0.89$0.55$0.46$0.72$0.34

Dividend yield

1.62%1.51%1.40%1.30%1.16%1.45%1.18%2.14%1.38%1.40%2.07%1.03%

Monthly Dividends

The table displays the monthly dividend distributions for Fidelity MSCI Health Care Index ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.00$0.25$0.00$0.00$0.25
2024$0.00$0.00$0.24$0.00$0.00$0.24$0.00$0.00$0.25$0.00$0.00$0.26$0.99
2023$0.00$0.00$0.23$0.00$0.00$0.23$0.00$0.00$0.22$0.00$0.00$0.22$0.90
2022$0.00$0.00$0.22$0.00$0.00$0.20$0.00$0.00$0.22$0.00$0.00$0.19$0.83
2021$0.00$0.00$0.20$0.00$0.00$0.18$0.00$0.00$0.19$0.00$0.00$0.22$0.80
2020$0.00$0.00$0.25$0.00$0.00$0.17$0.00$0.00$0.18$0.00$0.00$0.23$0.84
2019$0.00$0.00$0.16$0.00$0.00$0.16$0.00$0.00$0.17$0.00$0.00$0.09$0.59
2018$0.00$0.00$0.13$0.00$0.00$0.15$0.00$0.00$0.14$0.00$0.00$0.46$0.89
2017$0.00$0.00$0.13$0.00$0.00$0.14$0.00$0.00$0.13$0.00$0.00$0.16$0.55
2016$0.00$0.00$0.11$0.00$0.00$0.11$0.00$0.00$0.12$0.00$0.00$0.12$0.46
2015$0.00$0.00$0.23$0.00$0.00$0.27$0.00$0.00$0.11$0.00$0.00$0.11$0.72
2014$0.07$0.00$0.00$0.09$0.00$0.00$0.09$0.00$0.00$0.09$0.34

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Fidelity MSCI Health Care Index ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Fidelity MSCI Health Care Index ETF was 28.76%, occurring on Mar 23, 2020. Recovery took 53 trading sessions.

The current Fidelity MSCI Health Care Index ETF drawdown is 15.77%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-28.76%Feb 20, 202023Mar 23, 202053Jun 8, 202076
-20.42%Jul 21, 2015143Feb 11, 2016328Jun 1, 2017471
-17.73%Dec 31, 2021116Jun 16, 2022411Feb 6, 2024527
-17.02%Oct 2, 201858Dec 24, 2018221Nov 8, 2019279
-16.87%Sep 17, 2024165May 14, 2025

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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