BMED vs. IYH
Compare and contrast key facts about Future Health ETF (BMED) and iShares U.S. Healthcare ETF (IYH).
BMED and IYH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BMED is an actively managed fund by Blackrock Financial Management. It was launched on Sep 29, 2020. IYH is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Health Care Index. It was launched on Jun 12, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BMED or IYH.
Key characteristics
| BMED | IYH | |
|---|---|---|
| YTD Return | -0.44% | 3.04% |
| 1Y Return | -0.06% | 9.28% |
| 3Y Return (Ann) | -6.40% | 9.54% |
| Sharpe Ratio | 0.03 | 0.95 |
| Daily Std Dev | 13.67% | 10.53% |
| Max Drawdown | -36.44% | -41.50% |
| Current Drawdown | -24.58% | -4.96% |
Correlation
The correlation between BMED and IYH is 0.78, 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
BMED vs. IYH - Performance Comparison
In the year-to-date period, BMED achieves a -0.44% return, which is significantly lower than IYH's 3.04% 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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BMED vs. IYH - Expense Ratio Comparison
BMED has a 0.85% expense ratio, which is higher than IYH's 0.43% expense ratio.
Risk-Adjusted Performance
BMED vs. IYH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Future Health ETF (BMED) and iShares U.S. Healthcare ETF (IYH). 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
BMED vs. IYH - Dividend Comparison
BMED's dividend yield for the trailing twelve months is around 0.03%, less than IYH's 4.71% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BMED Future Health ETF | 0.03% | 0.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IYH iShares U.S. Healthcare ETF | 4.71% | 5.90% | 5.50% | 4.69% | 5.82% | 5.69% | 9.77% | 5.51% | 6.44% | 10.11% | 5.23% | 5.59% |
Drawdowns
BMED vs. IYH - Drawdown Comparison
The maximum BMED drawdown since its inception was -36.44%, smaller than the maximum IYH drawdown of -41.50%. Use the drawdown chart below to compare losses from any high point for BMED and IYH. For additional features, visit the drawdowns tool.
Volatility
BMED vs. IYH - Volatility Comparison
Future Health ETF (BMED) has a higher volatility of 4.51% compared to iShares U.S. Healthcare ETF (IYH) at 3.42%. This indicates that BMED's price experiences larger fluctuations and is considered to be riskier than IYH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.