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BSX vs. IHI
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BSX and IHI 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

BSX vs. IHI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Boston Scientific Corporation (BSX) and iShares U.S. Medical Devices ETF (IHI). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

BSX:

1.85

IHI:

0.56

Sortino Ratio

BSX:

2.46

IHI:

1.06

Omega Ratio

BSX:

1.40

IHI:

1.15

Calmar Ratio

BSX:

2.84

IHI:

0.71

Martin Ratio

BSX:

11.56

IHI:

2.82

Ulcer Index

BSX:

3.81%

IHI:

4.52%

Daily Std Dev

BSX:

22.26%

IHI:

18.24%

Max Drawdown

BSX:

-89.15%

IHI:

-49.64%

Current Drawdown

BSX:

-1.24%

IHI:

-5.80%

Returns By Period

In the year-to-date period, BSX achieves a 17.40% return, which is significantly higher than IHI's 6.63% return. Over the past 10 years, BSX has outperformed IHI with an annualized return of 19.28%, while IHI has yielded a comparatively lower 12.54% annualized return.


BSX

YTD

17.40%

1M

11.28%

6M

19.72%

1Y

40.85%

5Y*

24.75%

10Y*

19.28%

IHI

YTD

6.63%

1M

9.71%

6M

4.86%

1Y

10.14%

5Y*

8.17%

10Y*

12.54%

*Annualized

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Risk-Adjusted Performance

BSX vs. IHI — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BSX
The Risk-Adjusted Performance Rank of BSX is 9494
Overall Rank
The Sharpe Ratio Rank of BSX is 9595
Sharpe Ratio Rank
The Sortino Ratio Rank of BSX is 9191
Sortino Ratio Rank
The Omega Ratio Rank of BSX is 9494
Omega Ratio Rank
The Calmar Ratio Rank of BSX is 9696
Calmar Ratio Rank
The Martin Ratio Rank of BSX is 9696
Martin Ratio Rank

IHI
The Risk-Adjusted Performance Rank of IHI is 6565
Overall Rank
The Sharpe Ratio Rank of IHI is 5555
Sharpe Ratio Rank
The Sortino Ratio Rank of IHI is 6565
Sortino Ratio Rank
The Omega Ratio Rank of IHI is 6565
Omega Ratio Rank
The Calmar Ratio Rank of IHI is 7070
Calmar Ratio Rank
The Martin Ratio Rank of IHI is 7070
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

BSX vs. IHI - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Boston Scientific Corporation (BSX) and iShares U.S. Medical Devices ETF (IHI). 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.


The current BSX Sharpe Ratio is 1.85, which is higher than the IHI Sharpe Ratio of 0.56. The chart below compares the historical Sharpe Ratios of BSX and IHI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

BSX vs. IHI - Dividend Comparison

BSX has not paid dividends to shareholders, while IHI's dividend yield for the trailing twelve months is around 0.44%.


TTM20242023202220212020201920182017201620152014
BSX
Boston Scientific Corporation
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
IHI
iShares U.S. Medical Devices ETF
0.44%0.46%0.53%0.45%0.25%0.25%0.33%0.26%0.37%0.55%1.28%0.65%

Drawdowns

BSX vs. IHI - Drawdown Comparison

The maximum BSX drawdown since its inception was -89.15%, which is greater than IHI's maximum drawdown of -49.64%. Use the drawdown chart below to compare losses from any high point for BSX and IHI. For additional features, visit the drawdowns tool.


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Volatility

BSX vs. IHI - Volatility Comparison

Boston Scientific Corporation (BSX) has a higher volatility of 5.80% compared to iShares U.S. Medical Devices ETF (IHI) at 4.99%. This indicates that BSX's price experiences larger fluctuations and is considered to be riskier than IHI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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