FTXH vs. MEDI
Compare and contrast key facts about First Trust Nasdaq Pharmaceuticals ETF (FTXH) and Harbor Health Care ETF (MEDI).
FTXH and MEDI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FTXH is a passively managed fund by First Trust that tracks the performance of the Nasdaq U.S. Smart Pharmaceuticals Index. It was launched on Sep 20, 2016. MEDI is an actively managed fund by Harbor. It was launched on Nov 16, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FTXH or MEDI.
Correlation
The correlation between FTXH and MEDI is 0.53, 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
FTXH vs. MEDI - Performance Comparison
Key characteristics
FTXH:
-0.08
MEDI:
0.12
FTXH:
0.01
MEDI:
0.31
FTXH:
1.00
MEDI:
1.04
FTXH:
-0.07
MEDI:
0.13
FTXH:
-0.22
MEDI:
0.37
FTXH:
5.90%
MEDI:
6.61%
FTXH:
17.17%
MEDI:
20.38%
FTXH:
-32.11%
MEDI:
-19.24%
FTXH:
-13.16%
MEDI:
-8.31%
Returns By Period
In the year-to-date period, FTXH achieves a -5.36% return, which is significantly lower than MEDI's 4.37% return.
FTXH
-5.36%
-6.75%
-9.21%
-0.15%
3.62%
N/A
MEDI
4.37%
-0.12%
-3.75%
3.51%
N/A
N/A
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FTXH vs. MEDI - Expense Ratio Comparison
FTXH has a 0.60% expense ratio, which is lower than MEDI's 0.80% expense ratio.
Risk-Adjusted Performance
FTXH vs. MEDI — Risk-Adjusted Performance Rank
FTXH
MEDI
FTXH vs. MEDI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Nasdaq Pharmaceuticals ETF (FTXH) and Harbor Health Care ETF (MEDI). 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
FTXH vs. MEDI - Dividend Comparison
FTXH's dividend yield for the trailing twelve months is around 1.88%, more than MEDI's 0.52% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
FTXH First Trust Nasdaq Pharmaceuticals ETF | 1.88% | 1.66% | 1.56% | 1.10% | 1.03% | 0.82% | 0.67% | 0.92% | 2.18% | 0.19% |
MEDI Harbor Health Care ETF | 0.52% | 0.54% | 1.86% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FTXH vs. MEDI - Drawdown Comparison
The maximum FTXH drawdown since its inception was -32.11%, which is greater than MEDI's maximum drawdown of -19.24%. Use the drawdown chart below to compare losses from any high point for FTXH and MEDI. For additional features, visit the drawdowns tool.
Volatility
FTXH vs. MEDI - Volatility Comparison
First Trust Nasdaq Pharmaceuticals ETF (FTXH) and Harbor Health Care ETF (MEDI) have volatilities of 11.74% and 11.43%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.