Horizon Kinetics Medical ETF (MEDX)
MEDX is an actively managed ETF by Horizon. MEDX launched on Sep 30, 1999 and has a 0.85% expense ratio.
ETF Info
| ISIN | US53656G5633 |
|---|---|
| Issuer | Horizon |
| Inception Date | Sep 30, 1999 |
| Category | Health & Biotech Equities |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
MEDX features an expense ratio of 0.85%, 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: MEDX vs. MEDI
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Horizon Kinetics Medical 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
Horizon Kinetics Medical ETF had a return of 5.26% year-to-date (YTD) and 11.31% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 5.26% | 25.82% |
| 1 month | -4.58% | 3.20% |
| 6 months | 2.43% | 14.94% |
| 1 year | 11.31% | 35.92% |
| 5 years (annualized) | N/A | 14.22% |
| 10 years (annualized) | N/A | 11.43% |
Monthly Returns
The table below presents the monthly returns of MEDX, 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 | 0.94% | 6.16% | -0.59% | -6.36% | 2.36% | 4.58% | 2.57% | 4.35% | -4.27% | -4.33% | 5.26% | ||
| 2023 | -5.69% | 1.53% | 1.95% | -1.22% | 1.36% | -1.34% | 0.85% | -3.75% | -6.45% | 4.78% | 2.22% | -6.21% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of MEDX is 21, indicating that it is in the bottom 21% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Horizon Kinetics Medical ETF (MEDX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Horizon Kinetics Medical ETF provided a 5.59% dividend yield over the last twelve months, with an annual payout of $1.64 per share.
| Period | TTM | 2023 |
|---|---|---|
| Dividend | $1.64 | $1.64 |
Dividend yield | 5.59% | 5.88% |
Monthly Dividends
The table displays the monthly dividend distributions for Horizon Kinetics Medical 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 | $1.64 | $1.64 |
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 Horizon Kinetics Medical 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 Horizon Kinetics Medical ETF was 15.48%, occurring on Oct 27, 2023. Recovery took 83 trading sessions.
The current Horizon Kinetics Medical ETF drawdown is 7.90%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -15.48% | May 11, 2023 | 118 | Oct 27, 2023 | 83 | Feb 28, 2024 | 201 |
| -10.25% | Feb 29, 2024 | 36 | Apr 19, 2024 | 56 | Jul 11, 2024 | 92 |
| -9.31% | Feb 14, 2023 | 18 | Mar 10, 2023 | 39 | May 5, 2023 | 57 |
| -8.95% | Sep 3, 2024 | 47 | Nov 6, 2024 | — | — | — |
| -5.24% | Jul 17, 2024 | 16 | Aug 7, 2024 | 8 | Aug 19, 2024 | 24 |
Volatility
Volatility Chart
The current Horizon Kinetics Medical ETF volatility is 3.37%, 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.