HRTS vs. IYH
Compare and contrast key facts about Tema Obesity & Cardiometabolic ETF (HRTS) and iShares U.S. Healthcare ETF (IYH).
HRTS and IYH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HRTS is an actively managed fund by Tema. It was launched on Nov 20, 2023. IYH is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Health Care Index. It was launched on Jun 12, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HRTS or IYH.
Key characteristics
HRTS | IYH | |
---|---|---|
YTD Return | 15.45% | 15.68% |
Daily Std Dev | 19.63% | 10.94% |
Max Drawdown | -11.72% | -41.50% |
Current Drawdown | -1.56% | -0.71% |
Correlation
The correlation between HRTS and IYH is 0.64, 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
HRTS vs. IYH - Performance Comparison
The year-to-date returns for both investments are quite close, with HRTS having a 15.45% return and IYH slightly higher at 15.68%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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HRTS vs. IYH - Expense Ratio Comparison
HRTS has a 0.75% expense ratio, which is higher than IYH's 0.43% expense ratio.
Risk-Adjusted Performance
HRTS vs. IYH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Tema Obesity & Cardiometabolic ETF (HRTS) and iShares U.S. Healthcare ETF (IYH). 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
HRTS vs. IYH - Dividend Comparison
HRTS has not paid dividends to shareholders, while IYH's dividend yield for the trailing twelve months is around 1.07%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Tema Obesity & Cardiometabolic ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
iShares U.S. Healthcare ETF | 1.07% | 1.18% | 1.10% | 0.94% | 1.16% | 1.14% | 1.95% | 1.10% | 1.29% | 2.01% | 1.04% | 1.11% |
Drawdowns
HRTS vs. IYH - Drawdown Comparison
The maximum HRTS drawdown since its inception was -11.72%, smaller than the maximum IYH drawdown of -41.50%. Use the drawdown chart below to compare losses from any high point for HRTS and IYH. For additional features, visit the drawdowns tool.
Volatility
HRTS vs. IYH - Volatility Comparison
Tema Obesity & Cardiometabolic ETF (HRTS) has a higher volatility of 4.70% compared to iShares U.S. Healthcare ETF (IYH) at 2.32%. This indicates that HRTS's price experiences larger fluctuations and is considered to be riskier than IYH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.