EDOC vs. IHE
EDOC (Global X Telemedicine & Digital Health ETF) and IHE (iShares U.S. Pharmaceuticals ETF) are both Health & Biotech Equities funds - EDOC tracks the Solactive Telemedicine & Digital Health Index- TR Net while IHE tracks the Dow Jones U.S. Select Pharmaceuticals Index. Both are passively managed. Over the past 5 years, EDOC returned -14.64%/yr vs 10.55%/yr for IHE. At a 0.47 correlation, their price movements are largely independent. EDOC charges 0.68%/yr vs 0.42%/yr for IHE.
Performance
EDOC vs. IHE - Performance Comparison
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Returns By Period
In the year-to-date period, EDOC achieves a -10.37% return, which is significantly lower than IHE's 11.65% return.
EDOC
- 1D
- 1.49%
- 1M
- 5.54%
- YTD
- -10.37%
- 6M
- -12.67%
- 1Y
- -16.13%
- 3Y*
- -8.12%
- 5Y*
- -14.64%
- 10Y*
- —
IHE
- 1D
- 1.60%
- 1M
- 3.16%
- YTD
- 11.65%
- 6M
- 10.97%
- 1Y
- 46.87%
- 3Y*
- 18.43%
- 5Y*
- 10.55%
- 10Y*
- 8.99%
EDOC vs. IHE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
EDOC Global X Telemedicine & Digital Health ETF | -10.37% | -0.62% | -2.87% | -12.61% | -29.99% | -14.21% | 16.89% |
IHE iShares U.S. Pharmaceuticals ETF | 11.65% | 31.69% | 8.13% | 1.06% | -4.87% | 13.07% | 14.00% |
Correlation
The correlation between EDOC and IHE is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.39 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Jul 30, 2020 | 0.47 |
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Return for Risk
EDOC vs. IHE — Risk / Return Rank
EDOC
IHE
EDOC vs. IHE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Telemedicine & Digital Health ETF (EDOC) and iShares U.S. Pharmaceuticals ETF (IHE). 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.
| EDOC | IHE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.46 | ||
| Sortino ratioReturn per unit of downside risk | -4.89 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 1.46 | -0.56 |
| Calmar ratioReturn relative to maximum drawdown | -0.53 | 5.56 | -6.09 |
| Martin ratioReturn relative to average drawdown | -1.01 | 17.09 | -18.10 |
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Drawdowns
EDOC vs. IHE - Drawdown Comparison
The maximum EDOC drawdown since its inception was -65.76%, which is greater than IHE's maximum drawdown of -38.20%. Use the drawdown chart below to compare losses from any high point for EDOC and IHE.
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Drawdown Indicators
| EDOC | IHE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.76% | -38.20% | -27.56% |
Max Drawdown (1Y)Largest decline over 1 year | -30.71% | -8.47% | -22.24% |
Max Drawdown (3Y)Largest decline over 3 years | -35.78% | -15.92% | -19.86% |
Max Drawdown (5Y)Largest decline over 5 years | -60.36% | -16.03% | -44.33% |
Max Drawdown (10Y)Largest decline over 10 years | — | -29.59% | — |
Current DrawdownCurrent decline from peak | -61.31% | -0.70% | -60.61% |
Average DrawdownAverage peak-to-trough decline | -43.20% | -7.90% | -35.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.98% | 2.75% | +13.23% |
Volatility
EDOC vs. IHE - Volatility Comparison
Global X Telemedicine & Digital Health ETF (EDOC) has a higher volatility of 7.26% compared to iShares U.S. Pharmaceuticals ETF (IHE) at 5.27%. This indicates that EDOC's price experiences larger fluctuations and is considered to be riskier than IHE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EDOC | IHE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.26% | 5.27% | +1.99% |
Volatility (6M)Calculated over the trailing 6-month period | 16.63% | 12.68% | +3.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.43% | 17.22% | +5.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.46% | 16.28% | +10.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.28% | 18.05% | +8.23% |
EDOC vs. IHE - Expense Ratio Comparison
EDOC has a 0.68% expense ratio, which is higher than IHE's 0.42% expense ratio.
Dividends
EDOC vs. IHE - Dividend Comparison
EDOC's dividend yield for the trailing twelve months is around 0.37%, less than IHE's 1.56% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EDOC Global X Telemedicine & Digital Health ETF | 0.37% | 0.33% | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IHE iShares U.S. Pharmaceuticals ETF | 1.56% | 1.76% | 1.73% | 1.39% | 2.01% | 1.49% | 1.19% | 1.40% | 1.25% | 1.36% | 0.92% | 1.93% |
Frequently Asked Questions
EDOC and IHE have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EDOC has higher volatility (7.26%) compared to IHE (5.27%). In terms of maximum drawdown, EDOC dropped -65.76% vs IHE's -38.20%.
On 5-year performance, IHE leads with 10.55% vs -14.64% for EDOC. On fees, IHE is cheaper at 0.42% per year. On volatility, IHE has been the lower-risk option at 5.27%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, IHE has performed better with a 10.55% return vs -14.64%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IHE is cheaper with a 0.42% expense ratio, compared with 0.68% for EDOC.
IHE has the higher dividend yield at 1.56%, compared with 0.37% for EDOC.
EDOC tracks Solactive Telemedicine & Digital Health Index- TR Net, while IHE tracks Dow Jones U.S. Select Pharmaceuticals Index. They also come from different issuers: Global X and iShares. Their fees differ too: 0.68% for EDOC and 0.42% for IHE.
IHE currently has the higher Sharpe Ratio (2.74 vs -0.73), 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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