GGHCX vs. ETHSX
GGHCX (Invesco Health Care Fund) and ETHSX (Eaton Vance Worldwide Health Sciences Fund) are both Health & Biotech Equities funds. Over the past 10 years, GGHCX returned 6.89%/yr vs 7.37%/yr for ETHSX. Their correlation of 0.80 means they have usually moved in the same direction. GGHCX charges 1.04%/yr vs 1.20%/yr for ETHSX.
Performance
GGHCX vs. ETHSX - Performance Comparison
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Returns By Period
Over the past 10 years, GGHCX has underperformed ETHSX with an annualized return of 6.89%, while ETHSX has yielded a comparatively higher 7.37% annualized return.
GGHCX
- 1D
- -1.60%
- 1M
- -4.20%
- 6M
- 2.25%
- YTD
- 1.86%
- 1Y
- 16.64%
- 3Y*
- 7.68%
- 5Y*
- 2.38%
- 10Y*
- 6.89%
- ALL TIME*
- 9.93%
ETHSX
- 1D
- -1.12%
- 1M
- -2.35%
- 6M
- -0.90%
- YTD
- 0.00%
- 1Y
- 15.22%
- 3Y*
- 5.17%
- 5Y*
- 3.28%
- 10Y*
- 7.37%
- ALL TIME*
- 17.93%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
GGHCX vs. ETHSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GGHCX Invesco Health Care Fund | 1.86% | 15.48% | 3.96% | 3.05% | -13.53% | 12.05% | 14.52% | 32.01% | 0.27% | 15.51% |
ETHSX Eaton Vance Worldwide Health Sciences Fund | 0.00% | 10.23% | 3.48% | 5.67% | -9.41% | 22.02% | 13.04% | 25.99% | 5.87% | 16.24% |
Correlation
The correlation between GGHCX and ETHSX is 0.91, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.91 |
Correlation (3Y) Balances recent behavior with more history. | 0.90 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.93 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.92 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 1990 | 0.80 |
The correlation between GGHCX and ETHSX shifts across timeframes, from 0.80 (all time) to 0.93 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
GGHCX vs. ETHSX — Risk / Return Rank
GGHCX
ETHSX
GGHCX vs. ETHSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Health Care Fund (GGHCX) and Eaton Vance Worldwide Health Sciences Fund (ETHSX). 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.
| GGHCX | ETHSX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.19 | ||
| Sortino ratioReturn per unit of downside risk | +0.18 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.18 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.28 | 1.30 | -0.02 |
| Martin ratioReturn relative to average drawdown | 2.79 | 2.99 | -0.20 |
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Drawdowns
GGHCX vs. ETHSX - Drawdown Comparison
The maximum GGHCX drawdown since its inception was -40.23%, smaller than the maximum ETHSX drawdown of -90.06%. Use the drawdown chart below to compare losses from any high point for GGHCX and ETHSX.
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Drawdown Indicators
| GGHCX | ETHSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.23% | -90.06% | +49.83% |
Max Drawdown (1Y)Largest decline over 1 year | -13.53% | -12.35% | -1.18% |
Max Drawdown (3Y)Largest decline over 3 years | -16.86% | -18.91% | +2.05% |
Max Drawdown (5Y)Largest decline over 5 years | -25.37% | -19.58% | -5.79% |
Max Drawdown (10Y)Largest decline over 10 years | -29.34% | -27.43% | -1.91% |
Current DrawdownCurrent decline from peak | -4.48% | -4.80% | +0.32% |
Average DrawdownAverage peak-to-trough decline | -8.80% | -43.83% | +35.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.16% | 5.35% | +0.81% |
Volatility
GGHCX vs. ETHSX - Volatility Comparison
The current volatility for Invesco Health Care Fund (GGHCX) is 5.37%, while Eaton Vance Worldwide Health Sciences Fund (ETHSX) has a volatility of 6.00%. This indicates that GGHCX experiences smaller price fluctuations and is considered to be less risky than ETHSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GGHCX | ETHSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.37% | 6.00% | -0.63% |
Volatility (6M)Calculated over the trailing 6-month period | 11.55% | 12.35% | -0.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.36% | 16.13% | -1.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.72% | 15.27% | +0.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.45% | 16.33% | +1.12% |
GGHCX vs. ETHSX - Expense Ratio Comparison
GGHCX has a 1.04% expense ratio, which is lower than ETHSX's 1.20% expense ratio.
Dividends
GGHCX vs. ETHSX - Dividend Comparison
GGHCX's dividend yield for the trailing twelve months is around 5.58%, less than ETHSX's 7.36% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ETHSX Eaton Vance Worldwide Health Sciences Fund | 7.36% | 7.36% | 4.81% | 2.48% | 4.43% | 8.25% | 7.33% | 5.39% | 5.51% | 2.82% | 12.75% | 9.70% |
GGHCX Invesco Health Care Fund | 5.58% | 5.69% | 5.17% | 0.00% | 0.00% | 24.69% | 6.44% | 3.51% | 8.81% | 6.88% | 2.24% | 15.07% |
Frequently Asked Questions
With a correlation of 0.91, GGHCX and ETHSX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
ETHSX has higher volatility (6.00%) compared to GGHCX (5.37%). In terms of maximum drawdown, GGHCX dropped -40.23% vs ETHSX's -90.06%.
GGHCX currently has the higher Sharpe Ratio (1.21 vs 1.02), 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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