FDHT vs. VHCIX
Compare and contrast key facts about Fidelity Digital Health ETF (FDHT) and Vanguard Health Care Index Fund Admiral Shares (VHCIX).
FDHT is a passively managed fund by Fidelity that tracks the performance of the Fidelity Digital Health Index. It was launched on Oct 5, 2021. VHCIX is managed by Vanguard. It was launched on Feb 5, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDHT or VHCIX.
Key characteristics
| FDHT | VHCIX | |
|---|---|---|
| YTD Return | 7.26% | 11.80% |
| 1Y Return | 33.29% | 23.88% |
| 3Y Return (Ann) | -8.56% | 3.85% |
| Sharpe Ratio | 1.66 | 1.93 |
| Sortino Ratio | 2.35 | 2.65 |
| Omega Ratio | 1.29 | 1.35 |
| Calmar Ratio | 0.69 | 1.63 |
| Martin Ratio | 8.37 | 8.90 |
| Ulcer Index | 3.53% | 2.38% |
| Daily Std Dev | 17.81% | 10.99% |
| Max Drawdown | -44.80% | -39.12% |
| Current Drawdown | -24.15% | -3.37% |
Correlation
The correlation between FDHT and VHCIX is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
FDHT vs. VHCIX - Performance Comparison
In the year-to-date period, FDHT achieves a 7.26% return, which is significantly lower than VHCIX's 11.80% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FDHT vs. VHCIX - Expense Ratio Comparison
FDHT has a 0.39% expense ratio, which is higher than VHCIX's 0.10% expense ratio.
Risk-Adjusted Performance
FDHT vs. VHCIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Digital Health ETF (FDHT) and Vanguard Health Care Index Fund Admiral Shares (VHCIX). 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
FDHT vs. VHCIX - Dividend Comparison
FDHT's dividend yield for the trailing twelve months is around 0.06%, less than VHCIX's 1.39% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDHT Fidelity Digital Health ETF | 0.06% | 0.04% | 0.12% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VHCIX Vanguard Health Care Index Fund Admiral Shares | 1.39% | 1.36% | 1.33% | 1.14% | 1.21% | 1.89% | 1.39% | 1.31% | 1.45% | 1.22% | 1.02% | 1.13% |
Drawdowns
FDHT vs. VHCIX - Drawdown Comparison
The maximum FDHT drawdown since its inception was -44.80%, which is greater than VHCIX's maximum drawdown of -39.12%. Use the drawdown chart below to compare losses from any high point for FDHT and VHCIX. For additional features, visit the drawdowns tool.
Volatility
FDHT vs. VHCIX - Volatility Comparison
Fidelity Digital Health ETF (FDHT) has a higher volatility of 4.52% compared to Vanguard Health Care Index Fund Admiral Shares (VHCIX) at 3.05%. This indicates that FDHT's price experiences larger fluctuations and is considered to be riskier than VHCIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.