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GEHC vs. VHT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between GEHC and VHT is 0.46, 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.


-0.50.00.51.00.5

Performance

GEHC vs. VHT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GE HealthCare Technologies Inc. (GEHC) and Vanguard Health Care ETF (VHT). The values are adjusted to include any dividend payments, if applicable.

0.00%10.00%20.00%30.00%40.00%50.00%60.00%JulyAugustSeptemberOctoberNovemberDecember
30.80%
5.31%
GEHC
VHT

Key characteristics

Sharpe Ratio

GEHC:

0.17

VHT:

0.52

Sortino Ratio

GEHC:

0.43

VHT:

0.78

Omega Ratio

GEHC:

1.06

VHT:

1.10

Calmar Ratio

GEHC:

0.23

VHT:

0.48

Martin Ratio

GEHC:

0.46

VHT:

1.64

Ulcer Index

GEHC:

10.30%

VHT:

3.56%

Daily Std Dev

GEHC:

28.32%

VHT:

11.22%

Max Drawdown

GEHC:

-28.04%

VHT:

-39.12%

Current Drawdown

GEHC:

-15.89%

VHT:

-11.19%

Returns By Period

In the year-to-date period, GEHC achieves a 2.20% return, which is significantly lower than VHT's 2.74% return.


GEHC

YTD

2.20%

1M

-7.06%

6M

-0.26%

1Y

2.38%

5Y*

N/A

10Y*

N/A

VHT

YTD

2.74%

1M

-3.98%

6M

-4.05%

1Y

3.70%

5Y*

7.12%

10Y*

8.83%

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Risk-Adjusted Performance

GEHC vs. VHT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for GE HealthCare Technologies Inc. (GEHC) and Vanguard Health Care ETF (VHT). 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.


Sharpe ratio
The chart of Sharpe ratio for GEHC, currently valued at 0.17, compared to the broader market-4.00-2.000.002.000.170.52
The chart of Sortino ratio for GEHC, currently valued at 0.43, compared to the broader market-4.00-2.000.002.004.000.430.78
The chart of Omega ratio for GEHC, currently valued at 1.06, compared to the broader market0.501.001.502.001.061.10
The chart of Calmar ratio for GEHC, currently valued at 0.23, compared to the broader market0.002.004.006.000.230.48
The chart of Martin ratio for GEHC, currently valued at 0.46, compared to the broader market-5.000.005.0010.0015.0020.0025.000.461.64
GEHC
VHT

The current GEHC Sharpe Ratio is 0.17, which is lower than the VHT Sharpe Ratio of 0.52. The chart below compares the historical Sharpe Ratios of GEHC and VHT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.17
0.52
GEHC
VHT

Dividends

GEHC vs. VHT - Dividend Comparison

GEHC's dividend yield for the trailing twelve months is around 0.15%, less than VHT's 1.52% yield.


TTM20232022202120202019201820172016201520142013
GEHC
GE HealthCare Technologies Inc.
0.15%0.12%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
VHT
Vanguard Health Care ETF
1.52%1.36%1.33%1.14%1.21%1.89%1.38%1.31%1.45%1.22%1.02%1.12%

Drawdowns

GEHC vs. VHT - Drawdown Comparison

The maximum GEHC drawdown since its inception was -28.04%, smaller than the maximum VHT drawdown of -39.12%. Use the drawdown chart below to compare losses from any high point for GEHC and VHT. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-15.89%
-11.19%
GEHC
VHT

Volatility

GEHC vs. VHT - Volatility Comparison

GE HealthCare Technologies Inc. (GEHC) has a higher volatility of 5.78% compared to Vanguard Health Care ETF (VHT) at 3.54%. This indicates that GEHC's price experiences larger fluctuations and is considered to be riskier than VHT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
5.78%
3.54%
GEHC
VHT
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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