FHLC vs. VOO
Compare and contrast key facts about Fidelity MSCI Health Care Index ETF (FHLC) and Vanguard S&P 500 ETF (VOO).
FHLC and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FHLC is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Health Care Index. It was launched on Oct 21, 2013. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both FHLC and VOO 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: FHLC or VOO.
Performance
FHLC vs. VOO - Performance Comparison
Returns By Period
In the year-to-date period, FHLC achieves a 5.07% return, which is significantly lower than VOO's 24.51% return. Over the past 10 years, FHLC has underperformed VOO with an annualized return of 9.15%, while VOO has yielded a comparatively higher 13.12% annualized return.
FHLC
5.07%
-7.37%
-1.66%
13.36%
8.99%
9.15%
VOO
24.51%
0.61%
11.38%
32.00%
15.30%
13.12%
Key characteristics
| FHLC | VOO | |
|---|---|---|
| Sharpe Ratio | 1.22 | 2.64 |
| Sortino Ratio | 1.72 | 3.53 |
| Omega Ratio | 1.22 | 1.49 |
| Calmar Ratio | 1.28 | 3.81 |
| Martin Ratio | 5.45 | 17.34 |
| Ulcer Index | 2.52% | 1.86% |
| Daily Std Dev | 11.26% | 12.20% |
| Max Drawdown | -28.76% | -33.99% |
| Current Drawdown | -9.07% | -2.16% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FHLC vs. VOO - Expense Ratio Comparison
FHLC has a 0.08% expense ratio, which is higher than VOO's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between FHLC and VOO is 0.76, 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.
Risk-Adjusted Performance
FHLC vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity MSCI Health Care Index ETF (FHLC) and Vanguard S&P 500 ETF (VOO). 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
FHLC vs. VOO - Dividend Comparison
FHLC's dividend yield for the trailing twelve months is around 1.42%, more than VOO's 1.26% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FHLC Fidelity MSCI Health Care Index ETF | 1.42% | 1.40% | 1.30% | 1.16% | 1.45% | 1.18% | 2.14% | 1.38% | 1.40% | 2.07% | 1.03% | 0.20% |
VOO Vanguard S&P 500 ETF | 1.26% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
FHLC vs. VOO - Drawdown Comparison
The maximum FHLC drawdown since its inception was -28.76%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FHLC and VOO. For additional features, visit the drawdowns tool.
Volatility
FHLC vs. VOO - Volatility Comparison
The current volatility for Fidelity MSCI Health Care Index ETF (FHLC) is 3.84%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.09%. This indicates that FHLC experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.