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HRTS vs. THRN
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


HRTSTHRN

Correlation

-0.50.00.51.00.0

The correlation between HRTS and THRN is 0.00. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Performance

HRTS vs. THRN - Performance Comparison

The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-5.00%0.00%5.00%AprilMayJuneJulyAugustSeptember
4.04%
0
HRTS
THRN

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Risk-Adjusted Performance

HRTS vs. THRN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Tema Obesity & Cardiometabolic ETF (HRTS) and Thorne HealthTech, Inc. (THRN). 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.


HRTS
Sharpe ratio
No data

HRTS vs. THRN - Sharpe Ratio Comparison


Chart placeholderNot enough data

Dividends

HRTS vs. THRN - Dividend Comparison

Neither HRTS nor THRN has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

HRTS vs. THRN - Drawdown Comparison


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%AprilMayJuneJulyAugustSeptember
-3.57%
0
HRTS
THRN

Volatility

HRTS vs. THRN - Volatility Comparison

Tema Obesity & Cardiometabolic ETF (HRTS) has a higher volatility of 4.61% compared to Thorne HealthTech, Inc. (THRN) at 0.00%. This indicates that HRTS's price experiences larger fluctuations and is considered to be riskier than THRN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%2.00%4.00%6.00%8.00%AprilMayJuneJulyAugustSeptember
4.61%
0
HRTS
THRN