HART vs. BTC-USD
Compare and contrast key facts about IQ Healthy Hearts ETF (HART) and Bitcoin (BTC-USD).
HART is a passively managed fund by New York Life that tracks the performance of the IQ Candriam Healthy Hearts Index. It was launched on Jan 14, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HART or BTC-USD.
Key characteristics
| HART | BTC-USD | |
|---|---|---|
| YTD Return | 2.39% | 50.85% |
| 1Y Return | 5.23% | 116.31% |
| 3Y Return (Ann) | 4.99% | 5.02% |
| Sharpe Ratio | 0.64 | 5.30 |
| Daily Std Dev | 10.18% | 38.61% |
| Max Drawdown | -17.40% | -93.07% |
| Current Drawdown | -2.16% | -12.76% |
Correlation
The correlation between HART and BTC-USD is 0.26, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
HART vs. BTC-USD - Performance Comparison
In the year-to-date period, HART achieves a 2.39% return, which is significantly lower than BTC-USD's 50.85% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
HART vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for IQ Healthy Hearts ETF (HART) and Bitcoin (BTC-USD). 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.
Drawdowns
HART vs. BTC-USD - Drawdown Comparison
The maximum HART drawdown since its inception was -17.40%, smaller than the maximum BTC-USD drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for HART and BTC-USD. For additional features, visit the drawdowns tool.
Volatility
HART vs. BTC-USD - Volatility Comparison
The current volatility for IQ Healthy Hearts ETF (HART) is 3.26%, while Bitcoin (BTC-USD) has a volatility of 15.06%. This indicates that HART experiences smaller price fluctuations and is considered to be less risky than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.