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BME vs. VNQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BME and VNQ is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.4

Performance

BME vs. VNQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock Health Sciences Trust (BME) and Vanguard Real Estate ETF (VNQ). The values are adjusted to include any dividend payments, if applicable.

300.00%400.00%500.00%600.00%700.00%JulyAugustSeptemberOctoberNovemberDecember
627.94%
302.43%
BME
VNQ

Key characteristics

Sharpe Ratio

BME:

0.19

VNQ:

0.39

Sortino Ratio

BME:

0.33

VNQ:

0.62

Omega Ratio

BME:

1.04

VNQ:

1.08

Calmar Ratio

BME:

0.20

VNQ:

0.24

Martin Ratio

BME:

0.58

VNQ:

1.32

Ulcer Index

BME:

3.86%

VNQ:

4.71%

Daily Std Dev

BME:

11.95%

VNQ:

16.11%

Max Drawdown

BME:

-42.03%

VNQ:

-73.07%

Current Drawdown

BME:

-9.87%

VNQ:

-14.13%

Returns By Period

In the year-to-date period, BME achieves a -1.37% return, which is significantly lower than VNQ's 4.10% return. Over the past 10 years, BME has outperformed VNQ with an annualized return of 6.91%, while VNQ has yielded a comparatively lower 4.91% annualized return.


BME

YTD

-1.37%

1M

-2.50%

6M

-2.42%

1Y

1.44%

5Y*

3.78%

10Y*

6.91%

VNQ

YTD

4.10%

1M

-6.48%

6M

8.61%

1Y

4.87%

5Y*

3.24%

10Y*

4.91%

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Risk-Adjusted Performance

BME vs. VNQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock Health Sciences Trust (BME) and Vanguard Real Estate ETF (VNQ). 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.


Sharpe ratio
The chart of Sharpe ratio for BME, currently valued at 0.19, compared to the broader market-4.00-2.000.002.000.190.39
The chart of Sortino ratio for BME, currently valued at 0.33, compared to the broader market-4.00-2.000.002.004.000.330.62
The chart of Omega ratio for BME, currently valued at 1.04, compared to the broader market0.501.001.502.001.041.08
The chart of Calmar ratio for BME, currently valued at 0.20, compared to the broader market0.002.004.006.000.200.24
The chart of Martin ratio for BME, currently valued at 0.58, compared to the broader market-5.000.005.0010.0015.0020.0025.000.581.32
BME
VNQ

The current BME Sharpe Ratio is 0.19, which is lower than the VNQ Sharpe Ratio of 0.39. The chart below compares the historical Sharpe Ratios of BME and VNQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.19
0.39
BME
VNQ

Dividends

BME vs. VNQ - Dividend Comparison

BME's dividend yield for the trailing twelve months is around 6.96%, more than VNQ's 2.89% yield.


TTM20232022202120202019201820172016201520142013
BME
BlackRock Health Sciences Trust
6.96%6.32%5.87%5.03%5.04%5.65%6.58%6.58%9.45%17.04%9.83%9.85%
VNQ
Vanguard Real Estate ETF
2.89%3.95%3.91%2.56%3.93%3.39%4.74%4.23%4.82%3.92%3.60%4.32%

Drawdowns

BME vs. VNQ - Drawdown Comparison

The maximum BME drawdown since its inception was -42.03%, smaller than the maximum VNQ drawdown of -73.07%. Use the drawdown chart below to compare losses from any high point for BME and VNQ. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-9.87%
-14.13%
BME
VNQ

Volatility

BME vs. VNQ - Volatility Comparison

The current volatility for BlackRock Health Sciences Trust (BME) is 3.52%, while Vanguard Real Estate ETF (VNQ) has a volatility of 5.65%. This indicates that BME experiences smaller price fluctuations and is considered to be less risky than VNQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
3.52%
5.65%
BME
VNQ
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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