HEAW.L vs. IUHC.L
Compare and contrast key facts about SPDR MSCI World Health Care UCITS ETF (HEAW.L) and iShares S&P 500 USD Health Care Sector UCITS (IUHC.L).
HEAW.L and IUHC.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HEAW.L is a passively managed fund by State Street that tracks the performance of the MSCI World/Health Care NR USD. It was launched on Apr 29, 2016. IUHC.L is a passively managed fund by iShares that tracks the performance of the MSCI World/Health Care NR USD. It was launched on Nov 20, 2015. Both HEAW.L and IUHC.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HEAW.L or IUHC.L.
Performance
HEAW.L vs. IUHC.L - Performance Comparison
Returns By Period
In the year-to-date period, HEAW.L achieves a 4.11% return, which is significantly lower than IUHC.L's 4.93% return.
HEAW.L
4.11%
-5.73%
-3.04%
8.27%
N/A
N/A
IUHC.L
4.93%
-7.07%
-2.02%
12.27%
9.35%
N/A
Key characteristics
| HEAW.L | IUHC.L | |
|---|---|---|
| Sharpe Ratio | 0.86 | 1.13 |
| Sortino Ratio | 1.27 | 1.59 |
| Omega Ratio | 1.15 | 1.20 |
| Calmar Ratio | 0.98 | 1.21 |
| Martin Ratio | 3.42 | 4.40 |
| Ulcer Index | 2.50% | 2.68% |
| Daily Std Dev | 9.89% | 10.42% |
| Max Drawdown | -11.85% | -27.44% |
| Current Drawdown | -8.68% | -9.70% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
HEAW.L vs. IUHC.L - Expense Ratio Comparison
HEAW.L has a 0.30% expense ratio, which is higher than IUHC.L's 0.15% expense ratio.
Correlation
The correlation between HEAW.L and IUHC.L is 0.88, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
HEAW.L vs. IUHC.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI World Health Care UCITS ETF (HEAW.L) and iShares S&P 500 USD Health Care Sector UCITS (IUHC.L). 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.
Dividends
HEAW.L vs. IUHC.L - Dividend Comparison
Neither HEAW.L nor IUHC.L has paid dividends to shareholders.
Drawdowns
HEAW.L vs. IUHC.L - Drawdown Comparison
The maximum HEAW.L drawdown since its inception was -11.85%, smaller than the maximum IUHC.L drawdown of -27.44%. Use the drawdown chart below to compare losses from any high point for HEAW.L and IUHC.L. For additional features, visit the drawdowns tool.
Volatility
HEAW.L vs. IUHC.L - Volatility Comparison
SPDR MSCI World Health Care UCITS ETF (HEAW.L) and iShares S&P 500 USD Health Care Sector UCITS (IUHC.L) have volatilities of 3.78% and 3.77%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.