ETIHX vs. THW
ETIHX (Eventide Healthcare & Life Sciences Fund) and THW (abrdn World Healthcare Fund) are both Health & Biotech Equities funds. Over the past 10 years, ETIHX returned 14.00%/yr vs 10.12%/yr for THW. At a 0.47 correlation, their price movements are largely independent. ETIHX charges 1.30%/yr vs 1.54%/yr for THW.
Performance
ETIHX vs. THW - Performance Comparison
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Returns By Period
In the year-to-date period, ETIHX achieves a 10.40% return, which is significantly lower than THW's 11.17% return. Over the past 10 years, ETIHX has outperformed THW with an annualized return of 14.00%, while THW has yielded a comparatively lower 10.12% annualized return.
ETIHX
- 1D
- 0.77%
- 1M
- 14.78%
- 6M
- 10.38%
- YTD
- 10.40%
- 1Y
- 63.73%
- 3Y*
- 14.93%
- 5Y*
- 6.88%
- 10Y*
- 14.00%
THW
- 1D
- 1.59%
- 1M
- 10.82%
- 6M
- 11.17%
- YTD
- 11.17%
- 1Y
- 46.95%
- 3Y*
- 10.84%
- 5Y*
- 6.64%
- 10Y*
- 10.12%
ETIHX vs. THW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ETIHX Eventide Healthcare & Life Sciences Fund | 10.40% | 56.73% | -10.13% | 11.01% | -19.62% | -16.87% | 37.12% | 58.74% | -0.27% | 45.83% |
THW abrdn World Healthcare Fund | 11.17% | 31.10% | 5.35% | -11.52% | -1.21% | 12.03% | 26.40% | 32.98% | -5.40% | 16.95% |
Correlation
The correlation between ETIHX and THW is 0.53, 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 | 0.53 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.47 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Jun 26, 2015 | 0.47 |
The correlation between ETIHX and THW has been stable across timeframes, ranging from 0.47 to 0.53 - a consistent structural relationship.
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Return for Risk
ETIHX vs. THW — Risk / Return Rank
ETIHX
THW
ETIHX vs. THW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eventide Healthcare & Life Sciences Fund (ETIHX) and abrdn World Healthcare Fund (THW). 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.
| ETIHX | THW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.36 | ||
| Sortino ratioReturn per unit of downside risk | +0.31 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.39 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 5.28 | 4.18 | +1.09 |
| Martin ratioReturn relative to average drawdown | 15.79 | 14.75 | +1.04 |
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Drawdowns
ETIHX vs. THW - Drawdown Comparison
The maximum ETIHX drawdown since its inception was -55.11%, which is greater than THW's maximum drawdown of -37.36%. Use the drawdown chart below to compare losses from any high point for ETIHX and THW.
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Drawdown Indicators
| ETIHX | THW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.11% | -37.36% | -17.75% |
Max Drawdown (1Y)Largest decline over 1 year | -12.50% | -11.28% | -1.22% |
Max Drawdown (3Y)Largest decline over 3 years | -33.23% | -28.26% | -4.97% |
Max Drawdown (5Y)Largest decline over 5 years | -49.27% | -31.53% | -17.74% |
Max Drawdown (10Y)Largest decline over 10 years | -55.11% | -37.36% | -17.75% |
Current DrawdownCurrent decline from peak | -4.53% | -2.54% | -1.99% |
Average DrawdownAverage peak-to-trough decline | -17.87% | -9.63% | -8.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.17% | 3.19% | +0.98% |
Volatility
ETIHX vs. THW - Volatility Comparison
Eventide Healthcare & Life Sciences Fund (ETIHX) has a higher volatility of 7.51% compared to abrdn World Healthcare Fund (THW) at 5.60%. This indicates that ETIHX's price experiences larger fluctuations and is considered to be riskier than THW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ETIHX | THW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.51% | 5.60% | +1.91% |
Volatility (6M)Calculated over the trailing 6-month period | 20.02% | 13.73% | +6.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.69% | 20.36% | +4.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.00% | 18.82% | +9.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.31% | 21.18% | +7.13% |
ETIHX vs. THW - Expense Ratio Comparison
ETIHX has a 1.30% expense ratio, which is lower than THW's 1.54% expense ratio.
Dividends
ETIHX vs. THW - Dividend Comparison
ETIHX has not paid dividends to shareholders, while THW's dividend yield for the trailing twelve months is around 10.42%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ETIHX Eventide Healthcare & Life Sciences Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 10.78% | 3.49% | 2.08% | 7.33% | 1.28% | 0.00% | 1.22% |
THW abrdn World Healthcare Fund | 10.42% | 10.96% | 12.72% | 12.00% | 9.56% | 8.60% | 8.85% | 10.11% | 12.08% | 10.29% | 10.91% | 3.69% |
Frequently Asked Questions
ETIHX and THW have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ETIHX has higher volatility (7.51%) compared to THW (5.60%). In terms of maximum drawdown, ETIHX dropped -55.11% vs THW's -37.36%.
ETIHX currently has the higher Sharpe Ratio (2.68 vs 2.32), 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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