HLTH vs. IXJ
Compare and contrast key facts about Cue Health Inc. (HLTH) and iShares Global Healthcare ETF (IXJ).
IXJ is a passively managed fund by iShares that tracks the performance of the S&P Global Healthcare Sector Index. It was launched on Nov 13, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HLTH or IXJ.
Correlation
The correlation between HLTH and IXJ is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
HLTH vs. IXJ - Performance Comparison
Key characteristics
Returns By Period
HLTH
N/A
N/A
N/A
N/A
N/A
N/A
IXJ
-0.64%
3.08%
-8.40%
-4.32%
6.15%
6.27%
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Risk-Adjusted Performance
HLTH vs. IXJ — Risk-Adjusted Performance Rank
HLTH
IXJ
HLTH vs. IXJ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Cue Health Inc. (HLTH) and iShares Global Healthcare ETF (IXJ). 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
HLTH vs. IXJ - Dividend Comparison
HLTH has not paid dividends to shareholders, while IXJ's dividend yield for the trailing twelve months is around 1.51%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HLTH Cue Health Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IXJ iShares Global Healthcare ETF | 1.51% | 1.50% | 1.38% | 1.17% | 1.12% | 1.27% | 1.42% | 2.11% | 1.47% | 1.73% | 2.85% | 1.38% |
Drawdowns
HLTH vs. IXJ - Drawdown Comparison
Volatility
HLTH vs. IXJ - Volatility Comparison
The current volatility for Cue Health Inc. (HLTH) is 0.00%, while iShares Global Healthcare ETF (IXJ) has a volatility of 7.70%. This indicates that HLTH experiences smaller price fluctuations and is considered to be less risky than IXJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.