BME vs. VHT
Compare and contrast key facts about BlackRock Health Sciences Trust (BME) 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: BME or VHT.
Key characteristics
| BME | VHT | |
|---|---|---|
| YTD Return | -0.87% | 3.16% |
| 1Y Return | -1.82% | 5.15% |
| 3Y Return (Ann) | -0.92% | 3.56% |
| 5Y Return (Ann) | 7.00% | 10.81% |
| 10Y Return (Ann) | 9.01% | 11.08% |
| Sharpe Ratio | -0.11 | 0.51 |
| Daily Std Dev | 11.80% | 11.00% |
| Max Drawdown | -42.03% | -39.12% |
| Current Drawdown | -6.72% | -4.70% |
Correlation
The correlation between BME and VHT is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
BME vs. VHT - Performance Comparison
In the year-to-date period, BME achieves a -0.87% return, which is significantly lower than VHT's 3.16% return. Over the past 10 years, BME has underperformed VHT with an annualized return of 9.01%, while VHT has yielded a comparatively higher 11.08% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
BME vs. VHT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Health Sciences Trust (BME) 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.
Dividends
BME vs. VHT - Dividend Comparison
BME's dividend yield for the trailing twelve months is around 6.51%, more than VHT's 1.35% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BME BlackRock Health Sciences Trust | 6.51% | 6.32% | 5.87% | 5.03% | 5.04% | 5.65% | 6.58% | 6.58% | 9.32% | 17.04% | 9.83% | 9.85% |
VHT Vanguard Health Care ETF | 1.35% | 1.36% | 1.33% | 1.14% | 1.21% | 1.89% | 1.38% | 1.31% | 1.45% | 1.22% | 1.02% | 1.12% |
Drawdowns
BME vs. VHT - Drawdown Comparison
The maximum BME drawdown since its inception was -42.03%, which is greater than VHT's maximum drawdown of -39.12%. Use the drawdown chart below to compare losses from any high point for BME and VHT. For additional features, visit the drawdowns tool.
Volatility
BME vs. VHT - Volatility Comparison
BlackRock Health Sciences Trust (BME) and Vanguard Health Care ETF (VHT) have volatilities of 4.00% and 3.85%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.