BMEZ vs. VHT
BMEZ (BlackRock Health Sciences Trust II) is a stock, while VHT (Vanguard Health Care ETF) is Health & Biotech Equities fund tracking the MSCI US Investable Market Health Care 25/50 Index. Over the past 5 years, BMEZ returned -3.14%/yr vs 4.45%/yr for VHT. A 0.60 correlation means they provide meaningful diversification when combined.
Performance
BMEZ vs. VHT - Performance Comparison
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Returns By Period
In the year-to-date period, BMEZ achieves a 1.50% return, which is significantly higher than VHT's -1.31% return.
BMEZ
- 1D
- 0.34%
- 1M
- 3.75%
- YTD
- 1.50%
- 6M
- 0.69%
- 1Y
- 14.28%
- 3Y*
- 7.70%
- 5Y*
- -3.14%
- 10Y*
- —
VHT
- 1D
- 0.93%
- 1M
- 1.34%
- YTD
- -1.31%
- 6M
- -1.97%
- 1Y
- 17.91%
- 3Y*
- 6.63%
- 5Y*
- 4.45%
- 10Y*
- 10.00%
BMEZ vs. VHT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
BMEZ BlackRock Health Sciences Trust II | 1.50% | 18.69% | 9.54% | 5.07% | -32.65% | -6.00% | 48.99% |
VHT Vanguard Health Care ETF | -1.31% | 15.46% | 2.66% | 2.52% | -5.60% | 20.57% | 17.88% |
Correlation
The correlation between BMEZ and VHT is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.64 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.64 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.67 |
Correlation (All Time) Calculated using the full available price history since Jan 29, 2020 | 0.60 |
The correlation between BMEZ and VHT has been stable across timeframes, ranging from 0.60 to 0.67 - a consistent structural relationship.
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Return for Risk
BMEZ vs. VHT — Risk / Return Rank
BMEZ
VHT
BMEZ vs. VHT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Health Sciences Trust II (BMEZ) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BMEZ | VHT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.28 | ||
| Sortino ratioReturn per unit of downside risk | -0.39 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.22 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.28 | 1.73 | -0.45 |
| Martin ratioReturn relative to average drawdown | 3.11 | 4.26 | -1.14 |
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Drawdowns
BMEZ vs. VHT - Drawdown Comparison
The maximum BMEZ drawdown since its inception was -46.19%, which is greater than VHT's maximum drawdown of -39.12%. Use the drawdown chart below to compare losses from any high point for BMEZ and VHT.
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Drawdown Indicators
| BMEZ | VHT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.19% | -39.12% | -7.07% |
Max Drawdown (1Y)Largest decline over 1 year | -11.24% | -10.40% | -0.84% |
Max Drawdown (3Y)Largest decline over 3 years | -18.41% | -16.91% | -1.50% |
Max Drawdown (5Y)Largest decline over 5 years | -46.17% | -17.71% | -28.46% |
Max Drawdown (10Y)Largest decline over 10 years | — | -28.85% | — |
Current DrawdownCurrent decline from peak | -18.58% | -4.44% | -14.14% |
Average DrawdownAverage peak-to-trough decline | -24.12% | -5.98% | -18.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.60% | 4.22% | +0.38% |
Volatility
BMEZ vs. VHT - Volatility Comparison
The current volatility for BlackRock Health Sciences Trust II (BMEZ) is 4.08%, while Vanguard Health Care ETF (VHT) has a volatility of 4.91%. This indicates that BMEZ 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.
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Volatility by Period
| BMEZ | VHT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.08% | 4.91% | -0.83% |
Volatility (6M)Calculated over the trailing 6-month period | 11.46% | 10.41% | +1.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.20% | 14.70% | +0.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.87% | 15.02% | +4.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.08% | 16.97% | +7.11% |
Dividends
BMEZ vs. VHT - Dividend Comparison
BMEZ's dividend yield for the trailing twelve months is around 10.17%, more than VHT's 1.66% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BMEZ BlackRock Health Sciences Trust II | 10.17% | 12.43% | 11.74% | 10.80% | 11.28% | 6.51% | 3.14% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VHT Vanguard Health Care ETF | 1.66% | 1.61% | 1.53% | 1.36% | 1.33% | 1.14% | 1.21% | 1.89% | 1.38% | 1.31% | 1.45% | 1.22% |
Frequently Asked Questions
BMEZ and VHT have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VHT has higher volatility (4.91%) compared to BMEZ (4.08%). In terms of maximum drawdown, BMEZ dropped -46.19% vs VHT's -39.12%.
VHT currently has the higher Sharpe Ratio (1.23 vs 0.95), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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