HEAL.L vs. VHYAX

Last updated Jun 5, 2026

HEAL.L (iShares Healthcare Innovation UCITS ETF USD (Acc)) and VHYAX (Vanguard High Dividend Yield Index Fund Admiral Shares) are both funds - HEAL.L is a Health & Biotech Equities fund tracking the MSCI World/Health Care NR USD, while VHYAX is a Large Cap Value Equities fund tracking the FTSE High Dividend Yield Index. Both are passively managed. Over the past 5 years, HEAL.L returned -1.96%/yr vs 11.43%/yr for VHYAX. At a 0.36 correlation, their price movements are largely independent. HEAL.L charges 0.40%/yr vs 0.08%/yr for VHYAX.

Performance

HEAL.L vs. VHYAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Healthcare Innovation UCITS ETF USD (Acc) (HEAL.L) and Vanguard High Dividend Yield Index Fund Admiral Shares (VHYAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HEAL.L achieves a 0.64% return, which is significantly lower than VHYAX's 12.41% return.

HEAL.L

• 1D: 3.48%
• 1M: 4.82%
• YTD: 0.64%
• 6M: -0.41%
• 1Y: 20.32%
• 3Y*: 6.08%
• 5Y*: -1.96%
• 10Y*: —

VHYAX

• 1D: -0.45%
• 1M: 2.59%
• YTD: 12.41%
• 6M: 11.94%
• 1Y: 26.57%
• 3Y*: 18.83%
• 5Y*: 11.43%
• 10Y*: —

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

HEAL.L vs. VHYAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
HEAL.L iShares Healthcare Innovation UCITS ETF USD (Acc)	0.64%	18.42%	0.96%	3.11%	-24.00%	-6.52%	54.05%	5.99%
VHYAX Vanguard High Dividend Yield Index Fund Admiral Shares	12.41%	15.39%	17.39%	6.68%	-0.45%	26.08%	1.06%	16.67%

Correlation

The correlation between HEAL.L and VHYAX is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.40
Correlation (3Y) Calculated over the trailing 3-year period	0.40
Correlation (5Y) Calculated over the trailing 5-year period	0.38
Correlation (All Time) Calculated using the full available price history since Feb 8, 2019	0.36

HEAL.L vs. VHYAX - Sectors Allocation Comparison

Sectors	HEAL.L	VHYAX
Healthcare	98.0%	12.2%
Technology	1.2%	17.7%
Industrials	0.5%	12.1%
Basic Materials	0.4%	3.5%
Financial Services	0.2%	20.5%
Consumer Defensive	0.1%	8.1%
Communication Services	-	3.5%
Consumer Cyclical	-	6.7%
Energy	-	9.8%
Real Estate	-	0.0%
Utilities	-	5.7%

Return for Risk

HEAL.L vs. VHYAX — Risk / Return Rank

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

HEAL.L

HEAL.L Risk / Return Rank: 32
HEAL.L Sharpe Ratio Rank: 33
HEAL.L Sortino Ratio Rank: 34
HEAL.L Omega Ratio Rank: 31
HEAL.L Calmar Ratio Rank: 33
HEAL.L Martin Ratio Rank: 28

VHYAX

VHYAX Risk / Return Rank: 76
VHYAX Sharpe Ratio Rank: 75
VHYAX Sortino Ratio Rank: 74
VHYAX Omega Ratio Rank: 67
VHYAX Calmar Ratio Rank: 83
VHYAX Martin Ratio Rank: 79

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.

HEAL.L vs. VHYAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Healthcare Innovation UCITS ETF USD (Acc) (HEAL.L) and Vanguard High Dividend Yield Index Fund Admiral Shares (VHYAX). 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.

	HEAL.L	VHYAX	Difference
Sharpe ratio: Return per unit of total volatility	1.16	2.54	-1.39
Sortino ratio: Return per unit of downside risk	1.80	3.62	-1.82
Omega ratio: Gain probability vs. loss probability	1.20	1.46	-0.25
Calmar ratio: Return relative to maximum drawdown	1.61	3.88	-2.27
Martin ratio: Return relative to average drawdown	3.96	14.70	-10.74
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HEAL.L vs. VHYAX - Sharpe Ratio Comparison

The current HEAL.L Sharpe Ratio is 1.16, which is lower than the VHYAX Sharpe Ratio of 2.54. The chart below compares the historical Sharpe Ratios of HEAL.L and VHYAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	HEAL.L	VHYAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.16	2.54	-1.39
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.10	0.82	-0.92
Sharpe Ratio (All Time) Calculated using the full available price history	0.33	0.71	-0.39

Drawdowns

HEAL.L vs. VHYAX - Drawdown Comparison

The maximum HEAL.L drawdown since its inception was -46.43%, which is greater than VHYAX's maximum drawdown of -35.14%. Use the drawdown chart below to compare losses from any high point for HEAL.L and VHYAX.

Drawdown Indicators

	HEAL.L	VHYAX	Difference
Max Drawdown Largest peak-to-trough decline	-46.43%	-35.14%	-11.29%
Max Drawdown (1Y) Largest decline over 1 year	-12.59%	-6.75%	-5.84%
Max Drawdown (3Y) Largest decline over 3 years	-21.46%	-14.42%	-7.04%
Max Drawdown (5Y) Largest decline over 5 years	-43.70%	-15.87%	-27.83%
Current Drawdown Current decline from peak	-20.00%	-0.45%	-19.55%
Average Drawdown Average peak-to-trough decline	-18.60%	-3.77%	-14.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.12%	1.78%	+3.34%

Volatility

HEAL.L vs. VHYAX - Volatility Comparison

iShares Healthcare Innovation UCITS ETF USD (Acc) (HEAL.L) has a higher volatility of 5.13% compared to Vanguard High Dividend Yield Index Fund Admiral Shares (VHYAX) at 2.81%. This indicates that HEAL.L's price experiences larger fluctuations and is considered to be riskier than VHYAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HEAL.L	VHYAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.13%	2.81%	+2.32%
Volatility (6M) Calculated over the trailing 6-month period	13.28%	7.70%	+5.58%
Volatility (1Y) Calculated over the trailing 1-year period	17.48%	10.32%	+7.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.87%	14.00%	+5.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.91%	17.96%	+1.95%

HEAL.L vs. VHYAX - Expense Ratio Comparison

HEAL.L has a 0.40% expense ratio, which is higher than VHYAX's 0.08% expense ratio.

Dividends

HEAL.L vs. VHYAX - Dividend Comparison

HEAL.L has not paid dividends to shareholders, while VHYAX's dividend yield for the trailing twelve months is around 2.17%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
HEAL.L iShares Healthcare Innovation UCITS ETF USD (Acc)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VHYAX Vanguard High Dividend Yield Index Fund Admiral Shares	2.17%	2.42%	2.72%	3.09%	2.98%	2.74%	3.16%	3.00%

Frequently Asked Questions

Can I hold both HEAL.L and VHYAX in my portfolio?

HEAL.L and VHYAX have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.