GSKH vs. SHEH

Last updated Jul 17, 2026

GSKH (GSK plc ADRhedged ETF) and SHEH (Shell plc ADRhedged ETF) are both exchange-traded funds - GSKH is a Health & Biotech Equities fund tracking the GSK plc Local Shares Total Return, while SHEH is a Energy Equities fund tracking the Shell plc - Benchmark Price Return. Both are passively managed. Over the past year, GSKH returned 40.22% vs 22.99% for SHEH. At a correlation of -0.00, they often move in opposite directions. Both charge a 0.19% expense ratio.

Performance

GSKH vs. SHEH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GSK plc ADRhedged ETF (GSKH) and Shell plc ADRhedged ETF (SHEH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GSKH achieves a 9.01% return, which is significantly lower than SHEH's 16.83% return.

GSKH

• 1D: 2.90%
• 1M: 0.43%
• 6M: 7.97%
• YTD: 9.01%
• 1Y: 40.22%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SHEH

• 1D: 0.94%
• 1M: 3.01%
• 6M: 16.16%
• YTD: 16.83%
• 1Y: 22.99%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

GSKH vs. SHEH - Yearly Performance Comparison

	2026 (YTD)	2025
GSKH GSK plc ADRhedged ETF	9.01%	35.10%
SHEH Shell plc ADRhedged ETF	16.83%	12.63%

Correlation

The correlation between GSKH and SHEH is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.01
Correlation (All Time) Calculated using the full available price history since Apr 23, 2025	-0.00

Return for Risk

GSKH vs. SHEH — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GSKH

GSKH Risk / Return Rank: 54
GSKH Sharpe Ratio Rank: 55
GSKH Sortino Ratio Rank: 61
GSKH Omega Ratio Rank: 57
GSKH Calmar Ratio Rank: 54
GSKH Martin Ratio Rank: 41

SHEH

SHEH Risk / Return Rank: 35
SHEH Sharpe Ratio Rank: 38
SHEH Sortino Ratio Rank: 36
SHEH Omega Ratio Rank: 36
SHEH Calmar Ratio Rank: 32
SHEH Martin Ratio Rank: 32

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GSKH vs. SHEH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GSK plc ADRhedged ETF (GSKH) and Shell plc ADRhedged ETF (SHEH). 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.

	GSKH	SHEH	Difference
Sharpe ratio: Return per unit of total volatility	1.52	1.12	+0.40
Sortino ratio: Return per unit of downside risk	2.30	1.60	+0.70
Omega ratio: Gain probability vs. loss probability	1.28	1.20	+0.08
Calmar ratio: Return relative to maximum drawdown	2.18	1.32	+0.86
Martin ratio: Return relative to average drawdown	5.29	3.67	+1.62

GSKH vs. SHEH - Sharpe Ratio Comparison

The current GSKH Sharpe Ratio is 1.52, which is higher than the SHEH Sharpe Ratio of 1.12. The chart below compares the historical Sharpe Ratios of GSKH and SHEH, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GSKH vs. SHEH - Drawdown Comparison

The maximum GSKH drawdown since its inception was -18.54%, which is greater than SHEH's maximum drawdown of -17.53%. Use the drawdown chart below to compare losses from any high point for GSKH and SHEH.

Drawdown Indicators

	GSKH	SHEH	Difference
Max Drawdown Largest peak-to-trough decline	-18.54%	-17.53%	-1.01%
Max Drawdown (1Y) Largest decline over 1 year	-18.54%	-17.53%	-1.01%
Current Drawdown Current decline from peak	-12.34%	-9.92%	-2.42%
Average Drawdown Average peak-to-trough decline	-6.12%	-4.06%	-2.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.65%	6.27%	+1.38%

Volatility

GSKH vs. SHEH - Volatility Comparison

GSK plc ADRhedged ETF (GSKH) has a higher volatility of 7.36% compared to Shell plc ADRhedged ETF (SHEH) at 6.75%. This indicates that GSKH's price experiences larger fluctuations and is considered to be riskier than SHEH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GSKH	SHEH	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.36%	6.75%	+0.61%
Volatility (6M) Calculated over the trailing 6-month period	19.15%	17.30%	+1.85%
Volatility (1Y) Calculated over the trailing 1-year period	26.55%	20.60%	+5.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.88%	20.47%	+6.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.88%	20.47%	+6.41%

GSKH vs. SHEH - Expense Ratio Comparison

Both GSKH and SHEH have an expense ratio of 0.19%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

GSKH vs. SHEH - Dividend Comparison

GSKH's dividend yield for the trailing twelve months is around 2.84%, more than SHEH's 1.99% yield.

Position	TTM	2025
GSKH GSK plc ADRhedged ETF	2.84%	1.15%
SHEH Shell plc ADRhedged ETF	1.99%	0.00%

Frequently Asked Questions

Can I hold both GSKH and SHEH in my portfolio?

GSKH and SHEH have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GSKH or SHEH?

GSKH has higher volatility (7.36%) compared to SHEH (6.75%). In terms of maximum drawdown, GSKH dropped -18.54% vs SHEH's -17.53%.

Which ETF is better, GSKH or SHEH?

On 1-year performance, GSKH leads with 40.22% vs 22.99% for SHEH. Both ETFs have the same 0.19% expense ratio. On volatility, SHEH has been the lower-risk option at 6.75%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GSKH or SHEH?

Over the 1-year period, GSKH has performed better with a 40.22% return vs 22.99%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GSKH or SHEH?

GSKH and SHEH have the same expense ratio: 0.19% per year.

Which ETF pays a higher dividend yield, GSKH or SHEH?

GSKH has the higher dividend yield at 2.84%, compared with 1.99% for SHEH.

What is the main difference between GSKH and SHEH?

GSKH is categorized as Health & Biotech Equities, while SHEH is Energy Equities. GSKH tracks GSK plc Local Shares Total Return, while SHEH tracks Shell plc - Benchmark Price Return.

Which has better risk-adjusted returns?

GSKH currently has the higher Sharpe Ratio (1.52 vs 1.12), 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.