^SPXHC vs. VHT
Compare and contrast key facts about S&P 500 Health Care Index (^SPXHC) and Vanguard Health Care ETF (VHT).
VHT is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Health Care 25/50 Index. It was launched on Jan 26, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^SPXHC or VHT.
Key characteristics
^SPXHC | VHT | |
---|---|---|
YTD Return | 14.22% | 14.90% |
1Y Return | 17.37% | 19.11% |
3Y Return (Ann) | 5.72% | 5.16% |
5Y Return (Ann) | 11.48% | 12.38% |
10Y Return (Ann) | 9.36% | 10.89% |
Sharpe Ratio | 1.63 | 1.71 |
Daily Std Dev | 10.84% | 11.24% |
Max Drawdown | -43.18% | -39.12% |
Current Drawdown | -0.72% | -0.68% |
Correlation
The correlation between ^SPXHC and VHT is 0.98, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
^SPXHC vs. VHT - Performance Comparison
The year-to-date returns for both investments are quite close, with ^SPXHC having a 14.22% return and VHT slightly higher at 14.90%. Over the past 10 years, ^SPXHC has underperformed VHT with an annualized return of 9.36%, while VHT has yielded a comparatively higher 10.89% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
^SPXHC vs. VHT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for S&P 500 Health Care Index (^SPXHC) and Vanguard Health Care ETF (VHT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Drawdowns
^SPXHC vs. VHT - Drawdown Comparison
The maximum ^SPXHC drawdown since its inception was -43.18%, which is greater than VHT's maximum drawdown of -39.12%. Use the drawdown chart below to compare losses from any high point for ^SPXHC and VHT. For additional features, visit the drawdowns tool.
Volatility
^SPXHC vs. VHT - Volatility Comparison
The current volatility for S&P 500 Health Care Index (^SPXHC) is 2.20%, while Vanguard Health Care ETF (VHT) has a volatility of 2.33%. This indicates that ^SPXHC experiences smaller price fluctuations and is considered to be less risky than VHT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.