Harbor Health Care ETF (MEDI)
MEDI is an actively managed ETF by Harbor. MEDI launched on Nov 16, 2022 and has a 0.80% expense ratio.
ETF Info
| ISIN | US41151J8696 |
|---|---|
| Issuer | Harbor |
| Inception Date | Nov 16, 2022 |
| Region | Global (Broad) |
| Category | Health & Biotech Equities |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Asset Class | Equity |
Asset Class Size | Mid-Cap |
Asset Class Style | Growth |
Expense Ratio
MEDI features an expense ratio of 0.80%, falling within the medium range.
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.
Popular comparisons: MEDI vs. MEDX, MEDI vs. HDIVX, MEDI vs. SMLE, MEDI vs. WHCS.AS, MEDI vs. IHI, MEDI vs. IYH, MEDI vs. FDL, MEDI vs. CTRE, MEDI vs. FTXH, MEDI vs. PPH
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Harbor Health Care ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Harbor Health Care ETF had a return of 6.96% year-to-date (YTD) and 22.36% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 6.96% | 25.45% |
| 1 month | -4.00% | 2.91% |
| 6 months | 5.59% | 14.05% |
| 1 year | 22.36% | 35.64% |
| 5 years (annualized) | N/A | 14.13% |
| 10 years (annualized) | N/A | 11.39% |
Monthly Returns
The table below presents the monthly returns of MEDI, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.70% | 8.03% | 2.04% | -6.99% | -0.65% | 1.72% | 5.55% | 2.33% | 1.61% | -5.51% | 6.96% | ||
| 2023 | 2.16% | -1.86% | 1.31% | 2.16% | 1.05% | 6.00% | -0.48% | -0.27% | -1.15% | -3.67% | 8.18% | 8.53% | 23.34% |
| 2022 | 5.45% | -2.70% | 2.60% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of MEDI is 48, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Harbor Health Care ETF (MEDI) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Harbor Health Care ETF provided a 0.62% dividend yield over the last twelve months, with an annual payout of $0.16 per share.
| Period | TTM | 2023 |
|---|---|---|
| Dividend | $0.16 | $0.16 |
Dividend yield | 0.62% | 0.66% |
Monthly Dividends
The table displays the monthly dividend distributions for Harbor Health Care ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |
| 2023 | $0.16 | $0.16 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Harbor Health Care 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 Harbor Health Care ETF was 9.16%, occurring on May 28, 2024. Recovery took 40 trading sessions.
The current Harbor Health Care ETF drawdown is 6.57%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -9.16% | Feb 28, 2024 | 63 | May 28, 2024 | 40 | Jul 25, 2024 | 103 |
| -7.45% | Sep 18, 2023 | 30 | Oct 27, 2023 | 23 | Nov 30, 2023 | 53 |
| -6.82% | Sep 20, 2024 | 30 | Oct 31, 2024 | — | — | — |
| -6.7% | Dec 5, 2022 | 24 | Jan 9, 2023 | 65 | Apr 13, 2023 | 89 |
| -5.58% | Jul 26, 2024 | 7 | Aug 5, 2024 | 12 | Aug 21, 2024 | 19 |
Volatility
Volatility Chart
The current Harbor Health Care ETF volatility is 3.58%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.