GSKH vs. TMED

Last updated Jun 13, 2026

GSKH (GSK plc ADRhedged ETF) and TMED (T. Rowe Price Health Care ETF) are both Health & Biotech Equities funds. At a correlation of -0.43, they often move in opposite directions. GSKH charges 0.19%/yr vs 0.44%/yr for TMED.

Performance

GSKH vs. TMED - Performance Comparison

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

Returns By Period

GSKH

• 1D: -0.13%
• 1M: 4.36%
• YTD: 9.72%
• 6M: 9.18%
• 1Y: 33.80%
• 3Y*: —
• 5Y*: —
• 10Y*: —

TMED

• 1D: 0.00%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GSKH vs. TMED - Yearly Performance Comparison

	2026 (YTD)
GSKH GSK plc ADRhedged ETF	5.94%
TMED T. Rowe Price Health Care ETF	-7.14%

Correlation

The correlation between GSKH and TMED is -0.43, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 4, 2026	-0.43

Return for Risk

GSKH vs. TMED — Risk / Return Rank

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

GSKH

GSKH Risk / Return Rank: 34
GSKH Sharpe Ratio Rank: 33
GSKH Sortino Ratio Rank: 36
GSKH Omega Ratio Rank: 35
GSKH Calmar Ratio Rank: 35
GSKH Martin Ratio Rank: 31

TMED

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. TMED - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GSK plc ADRhedged ETF (GSKH) and T. Rowe Price Health Care ETF (TMED). 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	TMED	Difference
Sharpe ratio: Return per unit of total volatility	1.10	—	—
Sortino ratio: Return per unit of downside risk	1.74	—	—
Omega ratio: Gain probability vs. loss probability	1.22	—	—
Calmar ratio: Return relative to maximum drawdown	1.57	—	—
Martin ratio: Return relative to average drawdown	4.07	—	—

Drawdowns

GSKH vs. TMED - Drawdown Comparison

The maximum GSKH drawdown since its inception was -18.54%, which is greater than TMED's maximum drawdown of -7.14%. Use the drawdown chart below to compare losses from any high point for GSKH and TMED.

Drawdown Indicators

	GSKH	TMED	Difference
Max Drawdown Largest peak-to-trough decline	-18.54%	-7.14%	-11.40%
Max Drawdown (1Y) Largest decline over 1 year	-18.54%	—	—
Current Drawdown Current decline from peak	-11.77%	-7.14%	-4.63%
Average Drawdown Average peak-to-trough decline	-5.75%	-5.00%	-0.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.84%	—	—

Volatility

Volatility by Period

	GSKH	TMED	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.45%	—	—
Volatility (6M) Calculated over the trailing 6-month period	18.43%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	26.45%	66.28%	-39.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.00%	66.28%	-39.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.00%	66.28%	-39.28%

GSKH vs. TMED - Expense Ratio Comparison

GSKH has a 0.19% expense ratio, which is lower than TMED's 0.44% expense ratio.

Dividends

GSKH vs. TMED - Dividend Comparison

GSKH's dividend yield for the trailing twelve months is around 1.54%, while TMED has not paid dividends to shareholders.

Position	TTM	2025
GSKH GSK plc ADRhedged ETF	1.54%	1.15%
TMED T. Rowe Price Health Care ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both GSKH and TMED in my portfolio?

GSKH and TMED have a correlation of -0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GSKH or TMED?

On fees, GSKH is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GSKH or TMED?

GSKH is cheaper with a 0.19% expense ratio, compared with 0.44% for TMED.

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

GSKH has the higher dividend yield at 1.54%, compared with 0.00% for TMED.

What is the main difference between GSKH and TMED?

They also come from different issuers: ADRhedged and T. Rowe Price. Their fees differ too: 0.19% for GSKH and 0.44% for TMED.