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Milliman Healthcare Inflation Guard ETF (MHIG) Sharpe Ratio

ETF · Currency in USD · Last updated Jul 8, 2026

Milliman Healthcare Inflation Guard ETF is an actively managed, multi-asset fund that seeks returns generally equivalent to the U.S. healthcare cost inflation rate. Built on Milliman's actuarial claims data and proprietary quantitative models, the fund dynamically allocates across healthcare-sector equities, bonds (including Treasuries, TIPS, and corporate bonds), and alternatives such as commodities and liquid alternative strategies.

Sharpe ratio is not yet available for MHIG. This metric requires at least 12 months of historical daily returns to calculate. Check back once this data is available.

How it compares to other similar ETFs

The table compares Milliman Healthcare Inflation Guard ETF's Sharpe Ratio with other ETFs in the Multistrategy category across multiple time periods, showing how MHIG's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jul 8, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
FARXFrontier Asset Absolute Return ETF2.25
HFDGA Core Plus Absolute Return ETF1.79
HFNDUnlimited HFND Multi-Strategy Return Tracker ETF1.56
RSBYReturn Stacked Bonds & Futures Yield ETF1.42
TOAKTwin Oak Short Horizon Absolute Return ETF1.29
QISSimplify Multi-Qis Alternative ETF-1.49
PCRSimplify VettaFi Private Credit Strategy ETF—
IALTiShares Systematic Alternatives Active ETF—
MHIGMilliman Healthcare Inflation Guard ETF—
HOLDHarbor Alpha Layering ETF—

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows MHIG's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when MHIG consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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