EDOC vs. IHF
Compare and contrast key facts about Global X Telemedicine & Digital Health ETF (EDOC) and iShares U.S. Healthcare Providers ETF (IHF).
EDOC and IHF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EDOC is a passively managed fund by Global X that tracks the performance of the Solactive Telemedicine & Digital Health Index- TR Net. It was launched on Jul 29, 2020. IHF is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Select Health Care Providers Index. It was launched on May 5, 2006. Both EDOC and IHF are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EDOC or IHF.
Key characteristics
| EDOC | IHF | |
|---|---|---|
| YTD Return | 0.30% | 4.75% |
| 1Y Return | 21.56% | 10.76% |
| 3Y Return (Ann) | -18.02% | -0.13% |
| Sharpe Ratio | 0.80 | 0.68 |
| Sortino Ratio | 1.26 | 1.02 |
| Omega Ratio | 1.14 | 1.14 |
| Calmar Ratio | 0.30 | 0.64 |
| Martin Ratio | 2.13 | 2.64 |
| Ulcer Index | 9.17% | 3.76% |
| Daily Std Dev | 24.40% | 14.60% |
| Max Drawdown | -64.25% | -58.82% |
| Current Drawdown | -55.15% | -6.48% |
Correlation
The correlation between EDOC and IHF is 0.49, 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
EDOC vs. IHF - Performance Comparison
In the year-to-date period, EDOC achieves a 0.30% return, which is significantly lower than IHF's 4.75% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
EDOC vs. IHF - Expense Ratio Comparison
EDOC has a 0.68% expense ratio, which is higher than IHF's 0.43% expense ratio.
Risk-Adjusted Performance
EDOC vs. IHF - Risk-Adjusted Performance 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.
Dividends
EDOC vs. IHF - Dividend Comparison
EDOC has not paid dividends to shareholders, while IHF's dividend yield for the trailing twelve months is around 0.74%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EDOC Global X Telemedicine & Digital Health ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IHF iShares U.S. Healthcare Providers ETF | 0.74% | 0.79% | 1.27% | 0.56% | 0.53% | 0.58% | 4.01% | 0.19% | 0.25% | 0.20% | 0.18% | 0.23% |
Drawdowns
EDOC vs. IHF - Drawdown Comparison
The maximum EDOC drawdown since its inception was -64.25%, which is greater than IHF's maximum drawdown of -58.82%. Use the drawdown chart below to compare losses from any high point for EDOC and IHF. For additional features, visit the drawdowns tool.
Volatility
EDOC vs. IHF - Volatility Comparison
The current volatility for Global X Telemedicine & Digital Health ETF (EDOC) is 5.75%, while iShares U.S. Healthcare Providers ETF (IHF) has a volatility of 6.35%. This indicates that EDOC experiences smaller price fluctuations and is considered to be less risky than IHF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.