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HQH vs. USA
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Performance

HQH vs. USA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tekla Healthcare Investors (HQH) and Liberty All-Star Equity Fund (USA). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
6.62%
13.11%
HQH
USA

Returns By Period

In the year-to-date period, HQH achieves a 14.32% return, which is significantly lower than USA's 26.73% return. Over the past 10 years, HQH has underperformed USA with an annualized return of 2.81%, while USA has yielded a comparatively higher 12.84% annualized return.


HQH

YTD

14.32%

1M

-5.99%

6M

6.62%

1Y

27.82%

5Y (annualized)

5.99%

10Y (annualized)

2.81%

USA

YTD

26.73%

1M

4.07%

6M

13.11%

1Y

30.83%

5Y (annualized)

13.25%

10Y (annualized)

12.84%

Fundamentals


HQHUSA

Key characteristics


HQHUSA
Sharpe Ratio1.812.20
Sortino Ratio2.492.97
Omega Ratio1.331.38
Calmar Ratio0.801.77
Martin Ratio8.6614.60
Ulcer Index3.21%2.11%
Daily Std Dev15.35%14.00%
Max Drawdown-56.17%-69.06%
Current Drawdown-15.29%0.00%

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Correlation

-0.50.00.51.00.4

The correlation between HQH and USA is 0.42, 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.

Risk-Adjusted Performance

HQH vs. USA - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Tekla Healthcare Investors (HQH) and Liberty All-Star Equity Fund (USA). 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.


Sharpe ratio
The chart of Sharpe ratio for HQH, currently valued at 1.81, compared to the broader market-4.00-2.000.002.004.001.812.20
The chart of Sortino ratio for HQH, currently valued at 2.49, compared to the broader market-4.00-2.000.002.004.002.492.97
The chart of Omega ratio for HQH, currently valued at 1.33, compared to the broader market0.501.001.502.001.331.38
The chart of Calmar ratio for HQH, currently valued at 0.80, compared to the broader market0.002.004.006.000.801.77
The chart of Martin ratio for HQH, currently valued at 8.66, compared to the broader market0.0010.0020.0030.008.6614.60
HQH
USA

The current HQH Sharpe Ratio is 1.81, which is comparable to the USA Sharpe Ratio of 2.20. The chart below compares the historical Sharpe Ratios of HQH and USA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
1.81
2.20
HQH
USA

Dividends

HQH vs. USA - Dividend Comparison

HQH's dividend yield for the trailing twelve months is around 9.62%, less than USA's 9.74% yield.


TTM20232022202120202019201820172016201520142013
HQH
Tekla Healthcare Investors
9.62%9.66%9.50%8.59%7.96%8.22%10.73%8.76%9.78%11.96%7.05%6.41%
USA
Liberty All-Star Equity Fund
9.74%9.56%12.11%9.67%9.26%9.88%12.81%9.01%9.43%9.66%6.61%5.94%

Drawdowns

HQH vs. USA - Drawdown Comparison

The maximum HQH drawdown since its inception was -56.17%, smaller than the maximum USA drawdown of -69.06%. Use the drawdown chart below to compare losses from any high point for HQH and USA. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-15.29%
0
HQH
USA

Volatility

HQH vs. USA - Volatility Comparison

Tekla Healthcare Investors (HQH) has a higher volatility of 6.18% compared to Liberty All-Star Equity Fund (USA) at 4.33%. This indicates that HQH's price experiences larger fluctuations and is considered to be riskier than USA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%JuneJulyAugustSeptemberOctoberNovember
6.18%
4.33%
HQH
USA

Financials

HQH vs. USA - Financials Comparison

This section allows you to compare key financial metrics between Tekla Healthcare Investors and Liberty All-Star Equity Fund. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items