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 0.20, 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
HLTH vs. IXJ - Performance Comparison
Key characteristics
Returns By Period
HLTH
N/A
N/A
N/A
N/A
N/A
N/A
IXJ
6.85%
3.50%
-7.05%
2.10%
6.93%
7.32%
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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 1.40%.
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 | 1.40% | 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 3.82%. 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.