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EDOC vs. IHF
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

EDOC vs. IHF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Telemedicine & Digital Health ETF (EDOC) and iShares U.S. Healthcare Providers ETF (IHF). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, EDOC achieves a -10.37% return, which is significantly lower than IHF's 11.55% return.


EDOC

1D
1.49%
1M
5.54%
YTD
-10.37%
6M
-12.67%
1Y
-16.13%
3Y*
-8.12%
5Y*
-14.64%
10Y*

IHF

1D
0.74%
1M
5.23%
YTD
11.55%
6M
12.02%
1Y
14.30%
3Y*
2.85%
5Y*
0.85%
10Y*
8.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

EDOC vs. IHF - Yearly Performance Comparison


2026 (YTD)202520242023202220212020
EDOC
Global X Telemedicine & Digital Health ETF
-10.37%-0.62%-2.87%-12.61%-29.99%-14.21%16.89%
IHF
iShares U.S. Healthcare Providers ETF
11.55%0.92%-7.90%-1.11%-7.11%24.46%14.03%

Correlation

The correlation between EDOC and IHF is 0.52, 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

0.52

Correlation (3Y)
Calculated over the trailing 3-year period

0.41

Correlation (5Y)
Calculated over the trailing 5-year period

0.50

Correlation (All Time)
Calculated using the full available price history since Jul 30, 2020

0.48

The correlation between EDOC and IHF shifts across timeframes, from 0.41 (3 years) to 0.52 (1 year), reflecting how their relationship changes across market environments.

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Return for Risk

EDOC vs. IHF — Risk / Return Rank

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

EDOC
EDOC Risk / Return Rank: 44
Overall Rank
EDOC Sharpe Ratio Rank: 33
Sharpe Ratio Rank
EDOC Sortino Ratio Rank: 33
Sortino Ratio Rank
EDOC Omega Ratio Rank: 44
Omega Ratio Rank
EDOC Calmar Ratio Rank: 55
Calmar Ratio Rank
EDOC Martin Ratio Rank: 44
Martin Ratio Rank

IHF
IHF Risk / Return Rank: 1919
Overall Rank
IHF Sharpe Ratio Rank: 2020
Sharpe Ratio Rank
IHF Sortino Ratio Rank: 1818
Sortino Ratio Rank
IHF Omega Ratio Rank: 2121
Omega Ratio Rank
IHF Calmar Ratio Rank: 1818
Calmar Ratio Rank
IHF Martin Ratio Rank: 1717
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EDOC vs. IHF - 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. Healthcare Providers ETF (IHF). 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.


EDOCIHFDifference
Sharpe ratioReturn per unit of total volatility

-1.38

Sortino ratioReturn per unit of downside risk

-1.90

Omega ratioGain probability vs. loss probability

0.90

1.14

-0.24

Calmar ratioReturn relative to maximum drawdown

-0.53

0.73

-1.26

Martin ratioReturn relative to average drawdown

-1.01

1.68

-2.70

EDOC vs. IHF - Sharpe Ratio Comparison

The current EDOC Sharpe Ratio is -0.73, which is lower than the IHF Sharpe Ratio of 0.66. The chart below compares the historical Sharpe Ratios of EDOC and IHF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

EDOC vs. IHF - Drawdown Comparison

The maximum EDOC drawdown since its inception was -65.76%, which is greater than IHF's maximum drawdown of -58.42%. Use the drawdown chart below to compare losses from any high point for EDOC and IHF.


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Drawdown Indicators


EDOCIHFDifference

Max Drawdown

Largest peak-to-trough decline

-65.76%

-58.42%

-7.34%

Max Drawdown (1Y)

Largest decline over 1 year

-30.71%

-19.72%

-10.99%

Max Drawdown (3Y)

Largest decline over 3 years

-35.78%

-29.85%

-5.93%

Max Drawdown (5Y)

Largest decline over 5 years

-60.36%

-29.85%

-30.51%

Max Drawdown (10Y)

Largest decline over 10 years

-35.23%

Current Drawdown

Current decline from peak

-61.31%

-7.44%

-53.87%

Average Drawdown

Average peak-to-trough decline

-43.20%

-10.64%

-32.56%

Ulcer Index

Depth and duration of drawdowns from previous peaks

15.98%

8.51%

+7.47%

Volatility

EDOC vs. IHF - Volatility Comparison

Global X Telemedicine & Digital Health ETF (EDOC) has a higher volatility of 7.26% compared to iShares U.S. Healthcare Providers ETF (IHF) at 5.27%. This indicates that EDOC's price experiences larger fluctuations and is considered to be riskier than IHF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


EDOCIHFDifference

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%

16.10%

+0.53%

Volatility (1Y)

Calculated over the trailing 1-year period

22.43%

21.90%

+0.53%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

26.46%

19.17%

+7.29%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

26.28%

21.02%

+5.26%

EDOC vs. IHF - Expense Ratio Comparison

EDOC has a 0.68% expense ratio, which is higher than IHF's 0.43% expense ratio.


Dividends

EDOC vs. IHF - Dividend Comparison

EDOC's dividend yield for the trailing twelve months is around 0.37%, less than IHF's 0.98% yield.


PositionTTM20252024202320222021202020192018201720162015
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%
IHF
iShares U.S. Healthcare Providers ETF
0.98%1.05%0.86%0.79%0.74%0.56%0.53%0.58%4.01%0.19%0.25%0.20%

Frequently Asked Questions


EDOC and IHF have a correlation of 0.52, 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 IHF (5.27%). In terms of maximum drawdown, EDOC dropped -65.76% vs IHF's -58.42%.

On 5-year performance, IHF leads with 0.85% vs -14.64% for EDOC. On fees, IHF is cheaper at 0.43% per year. On volatility, IHF 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, IHF has performed better with a 0.85% return vs -14.64%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

IHF is cheaper with a 0.43% expense ratio, compared with 0.68% for EDOC.

IHF has the higher dividend yield at 0.98%, compared with 0.37% for EDOC.

EDOC tracks Solactive Telemedicine & Digital Health Index- TR Net, while IHF tracks Dow Jones U.S. Select Health Care Providers Index. They also come from different issuers: Global X and iShares. Their fees differ too: 0.68% for EDOC and 0.43% for IHF.

IHF currently has the higher Sharpe Ratio (0.66 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.

Portfolio Optimizer

Find the right allocation for EDOC and IHF

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